It is essential to frame living real values that would contribute to shaping the culture of an organization. There again has to be a uniformity in accepting the values by the people in the organization as the presence of different value system within the organization can create behavioral conflict between individuals (The Value of Organizational Values, n.d). The paper attempts to compare ethical issues with respect to profit and non profit organization. Every business organization needs to have some values and principles that would be the guiding principles while deciding on their strategies and morality of business work. Business can be from a profit making or nonprofit making organization. Both of these types of organizations can have certain ethical values that should be implemented to both its employees and the organization as a whole. Absence of ethical values can make the employees develop inappropriate thoughts and ideas and lead to fraud and corruption in the organization. While considering ethics in the organization there are two dimensions of approaching it (Brown, 2010). One is individualistic and the other is communal. Every dimension deals with different type of moral responsibility. In case of individual approach every person in the organization is responsible for his own behavior within the organization and so any change required in the behavior should be directed toward the person solely. In the communal approach every individual is considered to be part of a community and does not have any individual identity and every individual is responsible to some extent for the behavior of the others. If any changes are to be made in terms of the behavior it is to be directed towards the community as a whole. For this the behavior of the employees must be adjusted with the organizational culture. Influence of ethics in an organization Value and ethics of a particular organization can affect the four components of the structure of an organization. These four processes are – organizational structure, organizational process, ways of interaction among the employees and lastly the outcomes or results of the previous factors (The Broad Baker Group Ltd, n.d). Values go a long way towards deciding the culture and style of an organization. It becomes essential to have a smooth culture as it affects the behavior of the other stakeholders like the suppliers and customers in the organization. A model based on integrity, humility and compassion can help organizations in establishing their ethical standards (The Broad Baker Group Ltd, n.d). There are a few differences between profit making and nonprofit making organization in terms of the values and ethical behaviors of its employees. This arises because the basic structure of serving people with different purposes is different for the two organizations. Comparison between For-Profit making and Not-For-profit making organization - a personal perspective Over the past few years a lot of changes are happening within organizations in terms of setting their values and ethical standards. This can be both in the context of an individual or an entire organization. According to my personal perspective, every organization should have standards regarding their business values and ethics. For that the management must develop clear views of what it wishes to achieve and what it should avoid doing. This is to be decided before setting their objectives
Case Study Analysis of Personal and Organizational Ethics and Values between For-Profit and Not-for-Profit Organizations Executive summary Values and ethics in an organization determine the standards that are acceptable and help to construct behavior of an individual as per the organization requirements…
Through financial reporting, government and private businesses are able to show transparency in their financial dealings. Financial reporting helps eliminate corruption and bribery in these institutions because all financial activities are recorded. There are various ways that different institutions achieve financial reporting.
This has resulted to an increasing market base for the good and services produced in a given entity. Technological advancements have led to increased competition in the global market as small companies can compete with major companies. Small companies have integrated online marketing in their sales and this has enabled them to boost their sales in spite of having inadequate capital and presence in most parts of the world (Michaels 17).
Case Study, Marketing Name: Professor: Course: Date: Case Study, Marketing Case Questions 1. What are the key reasons for the depressing sales and profit? There are diverse reasons that attribute to the depressing sales and profit in the Cafe Bijoux under the management of both Julie Sanders and Mary Carter.
We take into consideration all the constraints faced by the firm and then move on to the external analysis of the museum. Identifying the political, economic, social and technological factors in the external scenario of the museum makes up the external analysis.
As we know, police adopt several harsh methods so that the suspect confesses his crime in police custody. To improve the interrogation procedure of police these two cases played a significant role in U.S. Constitution.
In the first case 'Escobedo v.
Since this privatization, the company became profitable and competitive in the aircraft industry. This essay will perform a PESTEL analysis of this company to grasp the reason behind it success. Emphasis will be
Tesco has over 30% market share in the United Kingdom and over 2500 stores in 12 countries spread over three continents. The success of Tesco can be attributed to the organization of the business to ensure success in operations
The materials required for making the product include: fabrics (cotton polyester), natural dyes, threads and screen print designs. As a result, the target market for this product is essentially people loving modernity. This group consists of
This is because the fixed costs are spread over more number of units. For example, if fixed costs are $60,000 for a relevant range of 20,000-25,000 units, the cost reduces when production exceeds this range, 35,000 units
6 pages (1500 words)Case Study
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