This website uses cookies to ensure you have the best experience. Learn more

Ethics Within Companies. Essay

2127 words - 9 pages

Ethics within companiesWithin this essay I will give my opinions on the statement, 'Companies do not have to be ethical, they are guided by the law; business ethics is an unnecessary consideration.' I will investigate two different organisations' responses to this statement in marketing and identify some other ethical issues. I will also analyse ethics within the marketing mix.Ethics, in the broadest sense of the word, is rising to the top of the corporate agenda. Scarcely a week goes by without a leading company coming under attack, rightly or wrongly, for alleged unethical business practices whether it's Shell UK dumping it's oil in the North sea or McVities, the biscuit manufacture, use of fish oil from sand eels. Some of these scandals have made international news, such as the case of Union Carbide's plant in Bhopal, India, which negligently released toxic, fumes killing 25,000 people.Shell businesses in the UK are part of the Royal Dutch/Shell Group of companies, one of the largest industrial undertakings in the world. Any oil company like Shell will have ethical issues to deal with, whether these issues are to do with extracting oil out of the sea or simply rising petrol prices, ethical issues will always have to be dealt with. It is important therefore that if the company wants people to buy their petrol, for example, they address these ethical issues as a matter of urgency. From research from Shell's website, www.shell.com they have discussions about ethics in different countries, they also show examples of some ethical issues which could affect the company.One ethical issue that Shell has talked about is how it manages its business ethics in different countries. Shell responds to this by insisting that every Shell Country Chairman has an annual meeting with the Group Managing Director responsible for that region, where they discuss progress and problems in the implementation of the Shell Group Business Principles in that country. This, in turn forms part of the Business Principles annual letter produced by each Country Chairman. This response to the ethical issues of how Shell manages its business ethics in different countries shows that the company does care about the ethics of their company.An example of an ethical issue that Shell has previously addressed is the difficulties they have faced in Nigeria. The two main ethical considerations they faced are the environmental problems caused by oil production in the Niger Delta and the current debate on Islamic Sharia Law. Shell response to the environmental problems is to press ahead with investment in infrastructure to replace pipelines where necessary, bury all flow lines and upgrade flow stations and production terminals. Shell have said they have also invested $52 million in 1999 in the Niger Delta, which has provided a wide range of infrastructure projects such as hospitals, health centres, schools, water schemes and electricity.Taken from www.coca-cola.co.uk is a statement about...

Find Another Essay On Ethics within companies.

Ethics in the Worplace Essay

1188 words - 5 pages , the training within the organization does support its’ ethics policies. The leader, along with senior management believes in the ethics program. They are required to attend the same ethics training as all other employees within the organization. This has allowed employees to trust that the program has value and that management is sincere in their belief of the program. For some companies, the concept of ethics clashes with other policies of

Reconciling Values and Ethics in a Global Setting

1132 words - 5 pages business skills that employees will need to function effectively within a global organization and establish long-term business relationships.ConclusionGlobal business success is about maintaining strong relationships with international and multicultural colleagues and clients. Critical thinking must be employed to incorporate ethics and values from multiple perspectives into multicultural decision-making and conflict resolution processes, bringing

Management Planning and Ethics

857 words - 3 pages Management Planning and EthicsThe markets change, costs rise and fall, stocks adjust and this all happens within one day of business. With these variables, companies must make changes to remain successful. Planning, including identifying goals, objectives, methods, resources needed to carry out methods, responsibilities and dates for completion of tasks. The gathering of information and intelligence requires senior management to delegate

Affect of Cultural Values And Personal Ethics in Business Decisions

1227 words - 5 pages . Stated below is a quote from an article titled "A Framework For Universal Principles of Ethics" (Colero): Individuals acting in a professional capacity take on an additional burden of ethical responsibility. For example, professional associations have codes of ethics that prescribe required behavior within the context of a professional practice such as medicine, law, accounting, or engineering. These written codes provide rules of conduct and

Can Ethics Be Taught?

1594 words - 6 pages ’. As each employee has their own set of values companies must be alert to the fact that some of their employees may have more ‘flexible’ morals than others. This ‘flexible’ morality can lead to corruption and manipulation within the workplace and can give companies serious problems. As a result of this, all of the main professional accounting bodies have begun to re-introduce mandatory courses teaching ethics to their employees. As well as this, ‘A

Professional Values and Ethics

1221 words - 5 pages seemingly unethical behaviour companies are now searching for individuals with strong compliance and ethics. These skills are no longer being cast aside for profit but rather sought out. With strong professional values and ethics one can expect to be retained as the organization grows rather than left behind with the changing times.ConclusionIf businesses are to prosper well into the twenty-first century, values and ethics will be the rule and not

Development of a code of ethics: IT challenges

1721 words - 7 pages meaning. (Floridi, 2007, p. 12) Therefore to impact social group behaviors, proactive ethics and morals training and retraining should be ongoing. New ethical issues that need to be examined and analyzed within high schools, colleges and companies include: the social and ethical aspects of blogging, privacy concerns such as the web mining activities of Google and Facebook, cyber bullying and sexting incidences, violence and pornography; virtual

The Relationship Between Personal Values and Success

972 words - 4 pages values and ethics put his company into the position of losing approximately $1 million a day. Henry Ford was dedicated to the Model T. He would not, nor would he allow any else to improve or to change it. For 20 years the company sold only one type of vehicle. Even though other automotive producing companies were emerging, he held fast to his belief that the model T did not need improvement. He also was a micro-manager, he undermined the leaders in

HR Experiential Problem Solving

957 words - 4 pages controls put into place were meant to reduce unethical/ illegal actions within an organization (Mathis & Jackson, 2011, p. 16). What are key concepts related to business ethics that should be considered in the development of the ethics training program? Describe the elements you will incorporate into your ethical training program (at least five). There are several concepts which should be taken into consideration when an organization is creating

Business Ethics in workplace

2140 words - 9 pages Ethics in the workplace is also known as business ethics. According to Wikipedia, business ethic is defined as the branch of ethics that examines ethical rules and principles within a commercial context; the various moral or ethical problems that can arise in a business setting; and any special duties or obligations that apply to persons who are engaged in commerce. Based on this idea of business ethics, I personally think that ethics in

Managing Ethics in the Workplace

1913 words - 8 pages just visible issues and ethics policies. Many organizations spend tremendous amounts of money on training and quality improvement initiatives from Total Quality Management and International Organization for Standardization to Six Sigma, along with many other programs as well, without ever addressing the leading constraints to quality or performance improvement, which are ethics failures within the operating culture. After the result is gathered from

Similar Essays

Chief Ethics Officers Essay

1168 words - 5 pages Chief Ethics Officers Chief Ethics Officers (CEOs) may not have been very popular around a decade ago, but the demand for such a position is beginning to grow within larger companies. From this point forward, when I mention CEOs in this paper, please understand that I am referring to Chief Ethics officers and not Chief Executive Officers. CEOs began appearing in corporate America around the same time as the inception of the Federal

Business Law Ethics Essay

945 words - 4 pages , strong ethics is especially vital because it is the conscious reflection on the integrity, credibility, and trustworthiness of that which is being assessed. Due to the highly competitive nature of today's market, companies must maintain high moral integrity in order to survive especially since strength in ethical values have such a drastic effect on consumer ratings, which will inevitably effect reputation and business. In order for a company to

Business Ethics Essay

2216 words - 9 pages that's when morals come into effect, and when businesses decide on implicit or explicit ways to achieve certain goals and then are agreed on (McNamara, Complete Guide to Ethics Management). Businesses in general are working on the basis of an ethics that settles different interests. The standards and values within companies can be characterized as mutual respect. In this respect it is in everyone's interest, and is considering people as an end in

Corporate Finances Essay

559 words - 2 pages maintain a strict code of ethics. I will also give you their take on why many financial managers do not abide by this code of ethics. However, I will begin by discussing why ethics have such a huge impact on the decision-making process within many organizations.Ethics has always been a concern within the financial departments of many companies. This is why there have been many internal controls established to eliminate the possibility of ethical