StudentShare solutions
Triangle menu

Ethics And Strategy - Essay Example

Free

Extract of sample
Ethics And Strategy

The company I choose from the index was Barnes & Noble. Barnes and Nobles is considered the world’s largest book retailer. The company currently has 1341 retail and college bookstores across the nation as well as an online bookstore. I choose this company because I believe in the value and importance of the service this company is providing to the community. The foundation of education is based on written literature. This course is about strategy and despite not knowing the purpose of the week six paper I am assuming it has to do with strategy. I have seen what has occurred to other companies in the publishing industry. Big chain bookselling stores such as Borders ran out of business. Barnes and Nobles is in need of a new strategy formation to ensure the long term success of the company. Week1 During the past year and a half my perspective about ethics and social responsibility has changed a lot due to my experience with the MBA program at the University of Phoenix. In the past I was not as aware about the existence of many problems worldwide particularly the real poverty situation across the world. Databases such as CultureGrams and CountryWatch have taught me that there are parts of this world that are suffering from poverty beyond belief. In places such as Africa, China, and Afghanistan the majority of the people have to survive on less than $2 a day. I have learned that some of the ethical decisions of world governments are also beyond belief. For example the US started a war with a

Related Essays

Business Ethics
According to the task, these ethics can be explained in many different theories of ethics that include virtue ethics, rationality, utilitarianism, communitarianism, social ethics and normative ethics. Hence, international business ethics and corporate governance can be explained in various ways (Casson 95).
4 pages (1000 words) Essay
Ethics in Strategic Management
The integration of ethics into strategic management has added value to many industries. For instance, the acknowledging of ethics by managers has portrayed a good picture of the whole organization hence addition of value the reputation of the respective firm.
6 pages (1500 words) Essay
Business ethics
For example, according to the limited knowledge of the researcher, Magna Carta of 1215 was the first legal reference for ethics in UK (Holme, 2008). However, magnitude of importance for ethical perspective of business operation has been increased manifold in recent years after the financial scams by corporate such as Enron, Lehman Brothers, Worldcom, Nortel and many others came to the light.
14 pages (3500 words) Essay
Ethics
Ethics has been related to honesty, morality and fairness in personal and professional lives of the individual (Dimitriou et al, 2011). A widely accepted definition of business ethics does not exist but author Lewis defined business ethics as rules, standards, codes, or principles which provide guidelines for morally right behavior and truthfulness in specific situations (Dimitriou et al, 2011).
5 pages (1250 words) Essay
Discussion
This may enable them acquire their set objectives. Google’s publicly stated purpose is to save the public some time. This purpose will ensure that users spend less
1 pages (250 words) Essay
Ethics
ignificant is the aspect that pinpoints how ethical manifestations have been shaped up over a period of time where discrimination against men and women encompassing their personal characteristics is now a necessary ingredient of much debate within the relevant circles (Chan,
1 pages (250 words) Essay
Ethics
One of the major aspects that are adopted by firms is the code of ethics. This entails a set of principles that guides a firm in its policies and programs. Ethical philosophy is applied in every department within an organization. This paper aims at discussing the ethical
3 pages (750 words) Essay
Strategy
Strategy refers to a plan of action which states how an organization will achieve its objectives and mission. The management of these activities can be termed as strategic management. There are
10 pages (2500 words) Essay
Ethics
Therefore, management ethics has been defined in a more specific manner as the adoption of an ethical modus operandi in all aspects of operations as
12 pages (3000 words) Essay
Business Ethics and Strategy
The first aspect of trust is based on the ability of the person to trust on God as the provider and planner of life. The bible states that God is in control of all situations and it is the duty of his followers or believers
1 pages (250 words) Essay
country, Afghanistan, whose people are living in a place where their economy generates only $900 of gross domestic product per capita (CountryGrams, 2011). The yearly gross domestic product per capita in the United States is 51 times higher. Instead of being at war the US should looking for ways to feed those Afghani families dying of starvation. I learned from my experiences at the UOP so far that the majority of the world’s wealth is in the hands of private corporations. This is the primary reason why corporate social responsibility is so important. The only way our world is going to change for the better is if the corporate world begins to contribute more towards social causes. I also learned that ethics plays a key role in defining the corporate culture of a firm. Due to a lack of ethics the US at the beginning of the 21st century experienced the two biggest bankruptcies in its history in the cases of Enron and WorldCom. The Enron case was particularly hard to swallow since the executives of that company due to greed and a lack of ethics ruined the lives of thousands of investors and employees who lost their investments and pension funds. As I have learned more about business throughout the program my perspective about the importance of ethics has changed. Before I thought ethics was just a word and its application dealt more with religious things. I was so wrong in that simplistic point of view. Ethics is an integral part of any business and without it a business can enter into chaos very quickly. In order for the four major components of the strategic management process to have validity and credibility the manager must apply ethics throughout the process. When a manager is developing a strategic plan ethics must be present throughout the process. For instance a manager must prepare financial forecasts based on credible techniques that are used in the industry. Using regression analysis, time series, or the Delphi method would the proper and ethical way to create a forecast. An unethical manager may make up the numbers out of the top of their head without using a credible

Summary

Ethics plays a key role in defining the corporate culture of a firm. Due to a lack of ethics the US at the beginning of the 21st century experienced the two biggest bankruptcies in its history in the cases of Enron and WorldCom…
Author : barrowseddie
Ethics And Strategy essay example
Read Text Preview
Comments (0)
Rate this paper:
Thank you! Your comment has been sent and will be posted after moderation