StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Business Ethics in Tyco International - Essay Example

Cite this document
Summary
This essay "Business Ethics in Tyco International" discusses fair business dealing as the prime requirement of any organization in this economic downturn. Otherwise, the level of trust of the customers might get reduced resulting in a switchover towards other brands…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER98.6% of users find it useful
Business Ethics in Tyco International
Read Text Preview

Extract of sample "Business Ethics in Tyco International"

Download file to see previous pages

It tried to offer a high level of commitment and fair practices to its customer to enhance its range of traffic as well as implement to offer a higher degree of concentration on value-based leadership views. This is because value-based leadership describes a manager as a type of leader who acts for the betterment of the organization. He or she implements the decisions or ideas of the employees of the organization after vigorous discussion with them so as to attain detailed information about them.

Side by side, it also helps in analyzing the pros and cons of the ideas so that they might prove effective for the organization in the long run. Other than this, in value-based leadership, the manager or leader motivates the employees or co-workers in such a way that they might work to accomplish the objective or goal of the organization. Apart from this, prior to implementing any new law or regulation, he also tries to communicate with all so as to evaluate its pros and cons. Moreover, the manager or leader of Tyco international always tries to maintain fair practices among the employees and also encourages healthy competition with its rivals.

As a result, the level of commitment among the employees and the management or the leader also becomes more and more effective resulting in amplification of the level of performance of the organization and the individual employees as well. So as per the manager or leader of Tyco international good ethics leads to effective business dealings. It tried to offer a high level of commitment and fair practices to its customer to enhance its range of traffic as well as implement to offer a higher degree of concentration on value-based leadership views.

This is because value-based leadership describes a manager as a type of leader who acts for the betterment of the organization. He or she implements the decisions or ideas of the employees of the organization after vigorous discussion with them so as to attain detailed information about them. Side by side, it also helps in analyzing the pros and cons of the ideas so that they might prove effective for the organization in the long run (O'Toole, 52). Other than this, in value-based leadership, the manager or leader motivates the employees or co-workers in such a way that they might work to accomplish the objective or goal of the organization (Tyco, 21).

Apart from this, prior to implementing any new law or regulation, he also tries to communicate with all so as to evaluate its pros and cons. Moreover, the manager or leader of Tyco international always tries to maintain fair practices among the employees and also encourages healthy competition with its rivals. As a result, the level of commitment among the employees and the management or the leader also becomes more and more effective resulting in amplification of the level of performance of the organization and the individual employees as well.

So as per the manager or leader of Tyco international good ethics leads to effective business dealings (O'Toole, 54). However, such a type of commitment and fair decision-making process is lacking in the case of Samsung. 

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Business Ethics In Tyco International Essay Example | Topics and Well Written Essays - 1000 words”, n.d.)
Business Ethics In Tyco International Essay Example | Topics and Well Written Essays - 1000 words. Retrieved from https://studentshare.org/business/1485968-ethics-essay
(Business Ethics In Tyco International Essay Example | Topics and Well Written Essays - 1000 Words)
Business Ethics In Tyco International Essay Example | Topics and Well Written Essays - 1000 Words. https://studentshare.org/business/1485968-ethics-essay.
“Business Ethics In Tyco International Essay Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/business/1485968-ethics-essay.
  • Cited: 0 times

CHECK THESE SAMPLES OF Business Ethics in Tyco International

Managment Planning

Overview tyco international Ltd is recognized to be one of the leading global manufacturers and marketers of electronic security and fire protection & detection products and services.... Presently, the organization operates in over 60 international markets.... The objectives of the organization are to attain an overall growth in terms of governance, organizational culture, customer retention and enhanced financial strength (tyco, 2011).... To be related with tyco's long-term management planning, its further initiation concentrates on its growth strategies....
5 Pages (1250 words) Research Paper

Tyco: Looting Executive Style

This was the case of Dennis Kozlowski, the Chief Executive officer of tyco international Ltd.... However, ethics in businesses governance is a secondary consideration in many occasions.... business ethics is an invaluable need for executive and professionals.... tyco: Looting Executive Style Name: Instructor: Task: Date: tyco: Looting Executive Style Ethics case: tyco: Looting Executive Style tyco: Looting Executive Style is a case of unethical conduct among executives in business....
3 Pages (750 words) Case Study

Business ethics 2009: Ethical decision making and cases by Linda Ferrell

Therefore, every business should strive to uphold good business ethics in a diverse and competitive environment.... For example, Chapter 10 tackles the topic of “business ethics in a Global Economy”, and includes information on best practices, ethics audits, and disaster recovery planning.... Part 5 contains chapters 8, 9, and 10, which describe ways of how to implement business ethics in a global economy.... These cases cover a broad range of organizations and topics, including Enron, tyco international Ltd, and other cases that have had ethical issues arising in business....
2 Pages (500 words) Book Report/Review

Tyco International Company Culture

From this situational analysis, it is observed that the incident was committed due to the lack of guidance of ethical theories followed by the employees and the management in tyco international.... The paper also will help in uncovering the ethical dilemma faced by the management of tyco international Ltd and their breach of ethical conduct.... The author of the study will try to conduct a situational analysis of tyco international shower curtain incident....
6 Pages (1500 words) Essay

Review of Accounting Ethics

Business stakeholders such as investors and shareholders are now more aware of business ethics than they were in the last decade.... Accounting ethics, which are set by the international Accounting Standards Board (IASB), and the Securities and Exchange Commission (Audi, 2009).... The principles are known as the international Financial Reporting standards, and these govern mainly public organizations, which are required to publish their annual statements....
4 Pages (1000 words) Essay

Planning Function of Management for Tyco

o highlight these statements, this paper will take a deeper look at the planning function of management in tyco international (Tyco).... It should be noted that while large companies like Enron and HealthSouth faced legal battles in 2001-2003, Tyco retains its credibility by emphasizing its commitment to reporting its activities utilizing the preset standards (tyco international, 2008).... he operation planning function of management in tyco has always been influenced by the legal issues that can surface from the decision that it makes....
5 Pages (1250 words) Essay

Management Planning in TYCO

he remarkable feature of the planning function of management in tyco is that all planning occurs within the context of the organization's mission.... in tyco, the midlevel manager is not the person who is responsible for creating corporate strategy.... Legal issues involve industry requirements and product quality, product standards and international regulations.... One of the vivid examples of legal issues is TYCO's compliance with the international price regulations....
4 Pages (1000 words) Case Study

Tyco International

This paper ''tyco international'' tells that The US people are familiar with share market debacles.... They had bitter experiences with Enron and did not want to repeat the same thing in tyco.... Before tyco, there were cases of Enron and WorldCom.... They were anticipating a severe connection between the case of tyco and Enron.... tyco was also doing the same.... All the above arguments are indicating at that point in time, tyco's initial problems were real in the context US market....
5 Pages (1250 words) Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us