These days the business world has gone global, which has strengthened the ethics debate. Making payments in order to get business is ordinary practice in a lot of developing markets in Asia, Africa, the Middle East, and Eastern Europe, and some companies feel indebted to play the game in order to compete and many of these companies have paid the ultimate price (George, 2008).
The only way to build a great global company is with a single global standard of business practice that is dynamically communicated and meticulously enforced. Applying situation ethics in developing countries is the quickest way to destroy a global organization. Operating ethically necessitates much more than a code of conduct. The CEO and top administration must connect with employees around the world to insist on transparency and compliance. Otherwise, they will never know what's going on. The company must have a tight system of monitoring and auditing local marketing practices, in order to make sure that things are done the right way (George, 2008).
General Electric's former general counsel, Ben Heineman, wrote an article in the Havard Business Review about high performance with high honor. He proposed that performance and ethics go hand in hand. Heineman argued convincingly that CEO's can't just distribute their policies and enforce them. Rather, they must get personally involved in making sure ethical behavior is practiced. They must engage employees in dynamic discussions of real-world issues and impart the way that things must be done (George, 2008).
The bottom line is that good ethics equates to good business. There is a direct connection between behaving ethically and creating long-term shareholder...
Human Resources Best Practices: The Hershey Company The Hershey Company (Hershey) is a world leader, not only in the manufacture of chocolate, but also in ethical behavior. Employing approximately 13,600 people worldwide, Hershey markets its products in 50 countries, with key markets in the United States, Canada, Mexico, India, China and Brazil (The Hershey Company, n.d.). Realizing the importance of ethics in its worldwide operations, Hershey is pointedly: "committed to being
Human Resources Management If what is learned in an important college or university course is not put to use in some pragmatic way -- or understood in the larger social context -- then that learning may be viewed as meaningless time spent. No doubt there is a percentage of students that are simply going through the process of education, working for a degree that will open doors and lead, hopefully, to
Human Resource Management: Ethics and Employment (Pinnington, Macklin & Campbell, 2007) covers those ethical issues that often come up in regards to employer-employee relationships, such as the rights and duties owed between employer and employee. The book is broken down into three parts. The first part is Situating Human Resource Management. The contributors in this part talk about the potential for conflict in the end relationships between employees and employers.
Human Resources Technology The Human Resource Management within organizations has gained escalation strategic prominence accompanied by the significant of its existing configuration of HRM and respective business strategies is well acknowledged (Colomo-Palacio et al., 2012). In fact, the efficient Human Resource Management is essential in order to be capable to meet the prevailing market demands with well-qualified workers at all times. Technology and Human Resource Management possess a wide range of
Human Resources & Change: The Internal Revenue Service Human Resources Tax season is upon Americans. Every working American knows that when dealing with tax issues, which at some point, every working American does, interactions with the Internal Revenue Service are inevitable and often profoundly displeasing. Citizens make feel powerless against the institution of the IRS because it is a part of the federal government. Citizens may feel they have to put up
So when these less trained and educated employees see any customer coming towards them. They try to avoid, move here and there or goes out of the reach of the customer. The Malls do come under the category of Retail business. In which there are different brands, shops and products of different companies are present under one roof. Every customer who visits is different in terms of education, product
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now