McDonalds also tailors its leadership and decision-making processes to what customers want and need. If customers get what they need they will be happy and they will come back. That is a winning situation for everyone involved. Because McDonalds is concerned about social and ethical responsibilities, it falls under stakeholder (as opposed to stockholder) theory (Derdak & Pederson, 2004). In stakeholder theory, everything is taken into account, as opposed to only considering profits. It is no secret that McDonalds makes a lot of money, but if all the company cared about was money it would not be doing anything that was ethical (except as required by law). It would also not be interested in socially responsible issues such as where its meat comes from and how the animals at the slaughterhouses is uses are treated. Since McDonalds focuses on more than just how much cash is coming in, it cares about those who have a stake in what it is providing to the public. That is why it...
There is no shortage of people in the United States and many other countries that want to eat the food McDonalds produces. The company also gives back to the communities in which it is located, and that helps everyone in the equation. The company gets more profit because people like what it is offering them, and the community gets value because it is helped along by the social programs to which McDonalds donates. When the company and the community are both benefitting from their interactions, there is much more of a reason for the company to remain in the community.
Fosterfacts.net). Arguments For: In response to those allegations, Bill Mattos, the president of the California Poultry Federation, said that he had invited California Senate representatives to visit poultry farms -- and to see for themselves that allegations of inhumane treatment are not true -- but his offer was declined (Fitzenberger). "To me, it's propaganda disguised as research," Mattos said in response to the report the California state Senate Office of Research
Organization Behavior Ethics in Marketing Ethics of Marketing Ethics in Marketing In order to realize themselves as socially responsible corporate entities, business organizations have to maintain a sound ethical track record in every aspect of their business (Arnold 2009). They have to formulate their business policies and strategies in such a fashion that no societal values are exploited and no human being is harmed in any way (Crane & Matten 2007). It is essential
Leadership Style: What Do People Do When they are Leading? Hewlett Packard (HP) remains one of the most successful computer and related services company in the Diversified Computer Systems industry. In this text, I concern myself with the leadership style of Meg Whitman -- the CEO of HP. In so doing, I will amongst other things analyze how her leadership style aligns with the company's culture. I will also examine Whitman's
Featuring an Analysis of a Corporation Starbucks Company Analysis In the year 1971, Starbucks opened its first store in Seattle's Pike Place Market. At the time, it engaged in selling ground beans over a small counter. In addition, the location was an open-air market, and its beginning, was more or less similar to a hobby. The friends, who started the now renowned global company, were not profit oriented. However, the joining
Business and Ethics The business ethics checklist Organizational Decisions-Making on Substandard Products Unaccountable products from companies or manufacturers are often regarded dangerous, unsafe and substandard, both by the target consumers and government. Unfortunately, toy products stand among the most affected group of items within the field of production. Sub-standard products are those that do not meet the legal and safety standards and/or qualities set by the pertinent authorities. Such products may result due
Racism and Various Forms How does an understanding of racism in its various forms inform the counseling professional practice? Racism is regarded as the negative feelings exercised by one ethnic group towards other individuals belonging form a different group. The brutality and attitude towards the group is observed in the behaviors and attitudes of individuals and members of certain group causing major issues in terms of their religious, social, color, or descent.
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