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

Reflection Paper: Module 2 (Business Ethics for Leaders course) - Essay Example

Cite this document
Summary
However, this is a very open statement as business is a vast field which provides goods and services to customers. This provision of goods and service should be done sincerely as through this customer we get…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER95.3% of users find it useful
Reflection Paper: Module 2 (Business Ethics for Leaders course)
Read Text Preview

Extract of sample "Reflection Paper: Module 2 (Business Ethics for Leaders course)"

Download file to see previous pages

However, when time to make a decision comes at a crossroad it is difficult to realise which is the right way till you have gone miles ahead. This is what happened with Ford in this case study. The road chosen was not the right path and since it was too far from where they had started it was a tough decision to make - either go back and start again or go ahead from where they were standing. Now was the time for the legal department to help them out if their own sensitivity had given up on them.

However, they chose to go ahead with this expected danger which cost many lives. That is why we are taught ethics from the day we are born which stops us from harming each other for money or any other reason and those who do not stoop are called barbaric. It is pertinent to understand that cost benefit is not the only aspect of getting profits from business. Sadly but truly this was the approach of his advisor and subsequently Ford’s himself. Ford’s Pinto could have survived had this decision not been taken when safety is the main issue especially with media so much in power.

It should be realised that cost benefit analysis of a problem is mostly not the right direction of the thinker. The approach should be to realise fundamental values and how to take effective actions for those values. There are a lot of choices in business; the important thing is which way we want to go. It was a great opportunity for Ford to realise and work at his mistake rather than go ahead with it causing numerous deaths and bringing a bad name to the company and letting down his employees and stakeholders.

And all of this for what? Just a few extra pennies and all because of a wrong decision. The decision making gets easy when we follow the steps of ethical decision making which includes: (1) Gather the facts, (2) define the ethical issues of the different solutions, (3) indentify the different stakeholders to be affected by the decision, (4) identify the

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Reflection Paper: Module 2 (Business Ethics for Leaders course) Essay”, n.d.)
Reflection Paper: Module 2 (Business Ethics for Leaders course) Essay. Retrieved from https://studentshare.org/miscellaneous/1568251-reflection-paper-module-2-business-ethics-for-leaders-course
(Reflection Paper: Module 2 (Business Ethics for Leaders Course) Essay)
Reflection Paper: Module 2 (Business Ethics for Leaders Course) Essay. https://studentshare.org/miscellaneous/1568251-reflection-paper-module-2-business-ethics-for-leaders-course.
“Reflection Paper: Module 2 (Business Ethics for Leaders Course) Essay”, n.d. https://studentshare.org/miscellaneous/1568251-reflection-paper-module-2-business-ethics-for-leaders-course.
  • Cited: 0 times

CHECK THESE SAMPLES OF Reflection Paper: Module 2 (Business Ethics for Leaders course)

Matching Task to Information Environment

In this context, consultants have to proceed to the appropriate measures for the development of business.... In other words, knowledge becomes a critical criterion for the measurement and the evaluation of business decisions.... The term paper "Matching Task to Information Environment" states that in the modern market the need for continuous improvement of managerial strategies has led many firms in outsourcing.... nbsp;… The paper shows that it is necessary that the appropriate information is provided to them....
9 Pages (2250 words) Term Paper

Hotel Restaurant Management

This paper describes several of the different activities that hotel restaurant managers undertake in their roles of leadership, showing how the external environment is strongly linked to the internal environment in order to make every aspect of the restaurant superior to competing food organizations....
20 Pages (5000 words) Research Paper

The Underlying Influence of Advertising

Of course, people have to be told about the possible uses of the product or service being advertised.... The aim of this paper is to provide a detailed discussion regarding the objective and techniques of advertisement.... The paper focuses on the concept of advertisement audience.... This paper will comment on the advertisements in popular magazines like Time, Newsweek, Sports Illustrated, Cosmopolitan and the like and make comments on their specific appeals to audiences based on seven separate characteristics: age, culture or ethnic background, social status and education, income and occupation, religion, political affiliation, and gender....
7 Pages (1750 words) Term Paper

Abstract Human Resource Models and Application to an Organisation

hellip; According to Kumar, no two places have the same needs and therefore the business must be met under the respective circumstances.... In light of this, it will make an analysis of two business models and then see how the contents are applicable to the chosen company.... In forecasting the staffing needs, for instance, there will be need to consider the state of the economy, the internal status of the business, examination of the current state of employees and then examination of the expected turnover as far as the company is concerned (Ashkezari & Aeen, 2012, p....
7 Pages (1750 words) Research Paper

Focus on Human Resource Management

Most leaders in a company point to 'common sense' as their management philosophy.... Employees want leaders to understand them as unique individuals, who, therefore, respond to different supervisory methods compared to what the leaders may think or assume.... leaders must, therefore, realize that what motivation method may work well with one employee may not work with another.... It is a very common fact, but leaders often make the mistake of forgetting this....
17 Pages (4250 words) Term Paper

Networks, Telecommunications and Wireless Computing

hellip; The author states that business stores can make use of in-store signs as well as flyers to notify people regarding the availability of mobile coupons.... n addition, M-coupons are an improved form of business marketing as compared to customary paper-based coupons for the reason that sometimes customers are not able to keep remember to bring paper coupons from home, on the other hand, the majority of mobile phone users keeps their mobile/cell phones with them for all time consequently there is no way they forget or misplace the coupons....
15 Pages (3750 words) Research Paper

Background of Wal-Mart and Current Challenges-300

owever in the course of its expansion plans and focus on driving operational and revenue growth the company is found to counter significant challenges both pertaining to employees and the customers pertaining to different countries.... In this light, the paper tends to research the different structural and organizational changes that need to be adopted by the concern and the different management intervention styles needed to help make the change process successful....
9 Pages (2250 words) Research Paper

Defining Moments: An Analysis and Discussion of Business Ethics

The book in question, Defining Moments by Joseph Badaraco, provides three case studies of three individuals all of which contain similarities wherein the decisions they make are personal, social, and professional in nature, yet, all vary in their individual situations.... nbsp;… This research will begin with the statement that a “defining moment” by definition is:  An occurrence that typifies or determines all related events that follow....
10 Pages (2500 words) Research Paper
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