Business Finance
Fundação Getulio Vargas Ethical Issues Within Organizations Responses

MGMT 3480

Fundacao Getulio Vargas

MGMT

Question Description

I’m trying to learn for my Management class and I’m stuck. Can you help?

Initial posting (200-250 words)

Select one question from the list of questions provided below and post a written response. Your posting is to be written logically with good grammar and structure.

Response Postings (100-150 words each)

Read the postings of your classmates and respond to at least two postings. Present additional/alternate perspectives or, if you agree or disagree with them, explain why.(ill attach a work of my classmate below)

A quality comment should build on another student’s posting or add an additional point of view that references the text, course readings or some other reference material.

QUESTIONS:

  1. What are the key ethical issues relating to employees and the workplace?
  2. What are the ethical issues related to technology and privacy in the workplace?
  3. Are there limits to consumer sovereignty?
  4. What are some examples of unethical marketing / advertising that you have encountered?

Unformatted Attachment Preview

Saint Mary’s University Sobey School of Business MGMT 3480 Ethical Responsibilities of Organizations Ethics and Marketing 2 Consumer and Consumption • Consumer Sovereignty ▫ consumers dictate goods and services to be provided ▫ elements of democracy are present, including the idea of voting through purchase decisions, and that these decisions are made based upon the preferences of the majority ▫ consumers make their own choices and are not unduly influenced by producers or governments ▫ economic system operates more efficiently when consumers determine production 3 Consumers and the Marketplace • Concerns ▫ high information costs ▫ misleading advertising ▫ unsafe goods • Consumerism ▫ A social movement seeking to protect and augment the rights and powers of buyers in relation to sellers • Consumer rights ▫ To choose // to be heard // to educate // to redress // to be informed // to safety // to a healthy environment 4 But is the customer, always right? Are Consumers sometimes wrong? How can Consumers behave unethically? 5 Consumers and CSR What are some examples of ethical products? 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. Food (organic, local, Fairtrade) Housing (energy efficient) Clothing (organic cotton // recycled) Cosmetics (natural ingredients, no animal testing) Green weddings (catering // eliminate unnecessary costs) Financial products (ethical mutual funds) Travel (eco-resorts) Jewelry (conflict free diamonds) Energy (light bulbs // LEDs) Transportation (hybrid vehicles) 6 But are socially conscious consumers willing to pay for ‘ethical’ products? Are you? 7 Competitors and Competition • Competition: Ethics and Responsibilities ▫ Competition is necessary for an effective market economy and benefits the consumer ▫ But can lead to questionable practices:  industrial spying, espionage, sabotage, eavesdropping, hiring competitor’s key employees • Causes: ▫ ▫ ▫ ▫ cutthroat global economy aggressive competitive tactics shorter product cycles higher profitability 8 Competitors and Competition • Government Influence to Encourage Competition ▫ Canadian Competition Act: Competition is encouraged and maintained // promote efficiency and adaptability of the CDN economy // ensure that SMEs have an equitable opportunity to participate in the CDN economy // provide consumers with competitive process and product choices • Regulation of Competitors ▫ ▫ ▫ ▫ ▫ Conspiracy Bid-rigging Predatory pricing Review of mergers Abuse of dominant position • PROMOTE AND MAINTAIN FAIR COMPETITION 9 Competitors and Competition • Factors determining competitive behaviour 1. 2. 3. 4. 5. 6. Entrepreneurship, i.e., businesses are popping up every day Deregulation and privatization, i.e., enhanced opportunities for entrepreneurs Technology, i.e., has changed how businesses operate Decline of natural monopoly, i.e., utilities Global trends in trade, i.e. reduction in barriers, WTO, NAFTA, TPP Mergers/takeovers, i.e., reducing competition 10 Summary • Employees are stakeholders internal to the corporation and their relationship gives rise to many ethical issues • Consumers are important, because without them the corporation has no reason to exist • Competitors and suppliers are business-to-business stakeholders primarily involving economic or commercial relationships, but ethical issues also are evident The key ethical issue relating to employee and the workplace Workplace culture, fair compensation, and workplace privacy could be some of the key ethical issues relating to employee and the workplace. A toxic workplace culture could be created by unethical leadership. For example, leaders who taking bribes, manipulating sales figures and date, or even pressuring employees for favors. Toxic workplace culture hurts both workers and the company’s profit. Lack of communication between managers and workers is a leading contributor to the culture issues facing many organizations. Companies should listen to their employees, assign realistic workloads and deadline, and communicate transparently. Attitudes to fairness are complex and multidimensional. Organizations need to translate the key principles of fairness into their own business, and decide which is relevant to them given their business, workforce, and culture. Different businesses will place different weights on the dimensions, which should be tailored to each company’s purpose, culture, and strategy. A reasonable right to privacy on the job is necessary in an organization; organisations must balance the valid business interests of the company with employees’ reasonable expectations of privacy. Monitoring of employees, whether electronically or through drug testing, is a complex area of workforce management. Numerous state and federal legal restrictions apply, and employers must decide not only what they are legally allowed to do but also what they should do ethically, keeping in mind the individual privacy concerns of their employees The key ethical issue relating to employee and the workplace Workplace culture, fair compensation, and workplace privacy could be some of the key ethical issues relating to employee and the workplace. A toxic workplace culture could be created by unethical leadership. For example, leaders who taking bribes, manipulating sales figures and date, or even pressuring employees for favors. Toxic workplace culture hurts both workers and the company’s profit. Lack of communication between managers and workers is a leading contributor to the culture issues facing many organizations. Companies should listen to their employees, assign realistic workloads and deadline, and communicate transparently. Attitudes to fairness are complex and multidimensional. Organizations need to translate the key principles of fairness into their own business, and decide which is relevant to them given their business, workforce, and culture. Different businesses will place different weights on the dimensions, which should be tailored to each company’s purpose, culture, and strategy. A reasonable right to privacy on the job is necessary in an organization; organisations must balance the valid business interests of the company with employees’ reasonable expectations of privacy. Monitoring of employees, whether electronically or through drug testing, is a complex area of workforce management. Numerous state and federal legal restrictions apply, and employers must decide not only what they are legally allowed to do but also what they should do ethically, keeping in mind the individual privacy concerns of their employees ...
Purchase answer to see full attachment
Student has agreed that all tutoring, explanations, and answers provided by the tutor will be used to help in the learning process and in accordance with Studypool's honor code & terms of service.

Final Answer

Here you go!

Running head: DISCUSSION POST

1

Discussion Post
Name
Institution

DISCUSSION POST

2
Discussion Post
Initial Posting

Ethical issues related to technology and privacy in the workplace
According to Hayes (2019), the modern computerized age has faced an increment in
technological use in the place of work. Nevertheless, while this disruptive trend has enabled
organizations to upsurge their productivity and efficiency within their respective trades, it has
also generated fresh issues for the workers and c...

Gilmore (20785)
New York University

Anonymous
Top quality work from this tutor! I’ll be back!

Anonymous
Just what I needed… fantastic!

Anonymous
Use Studypool every time I am stuck with an assignment I need guidance.

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4
Similar Questions
Related Tags