Although corporate ethics are individual to each entity, the two overriding prin
ID: 395977 • Letter: A
Question
Although corporate ethics are individual to each entity, the two overriding principles that frame the discussions are profit maximization versus social responsibility.
For this discussion, first read the following scenario from page 72 of your text:
“One of this country’s richest commercial fishing areas was devastated by a massive oil spill when an oil tanker, the Exxon Valdez, ran aground. The ship’s captain had been treated for alcoholism and returned to work. After the oil spill, his blood test showed a high level of alcohol in his blood. Following the wreck of the tanker, Exxon announced that, even after treatment, known alcohol and drug abusers won’t be allowed to return to so-called critical jobs such as piloting a ship, flying plane or operating a refinery, although they will be given other jobs. Exxon Chairman Lawrence Rawl defended the new policy by stating: “Even with close follow-up, there are certain things you can’t have people do.” United Airlines, on the other hand, has a corporate policy of regularly returning pilots to the job after they have received treatment for alcoholism. It believes that not reinstating them would be short-sighted because such a policy would discourage alcoholics from seeking help.”
Initial Post
In your initial post, include the following:
First, define ethical corporate behavior in your own words. Is this the same, or different than corporate social responsibility? Why or why not?
In the same post, make sure to address the following questions as they relate to your case:
What ethical decision(s) was/were made?
Which ethical theory do you think best epitomizes the decision(s) made?
Do you agree with the decision(s) that was/were made? Why or why not?
Do you believe that Exxon or United Airlines is demonstrating Corporate Social Responsibility? Explain how you came to your conclusion. Please use and cite (provide the URL) for at least one outside source to support your answer.
Explanation / Answer
- To me, Ethical Corporate Behaviour alludes to one side and the wrongs that have to do with our ethical standards whether than the law, that overlook our conduct or movement that happens at the corporate working environment/or environment. Cases of these to me would be regard, balance, constancy and genuineness. Although we are responsible to act proficient in the two angles since they do both impact the organization and the investors, I trust that moral corporate behaviour and corporate social obligation are unique. Corporate social responsibility is a type of corporate self-control incorporated into a plan of action which would impact the different partners of the organization, including the investors, network, government, condition, the workers and numerous others. You could likewise have a financial, natural, and social contact with those partners, so this would incorporate being moral also.
1) The moral choice that was made is regardless of whether to enable the alcoholic skipper to come back to work after he has been dealt with. Possibly not their past position but rather it could be some other position in the organization.
2) I trust that the moral hypothesis utilized here was equity hypothesis. They are making the right decision for their organization by not having individuals who may have a liquor issue doing basic occupations, making the right decision for the earth by attempting to keep another tremendous oil slick, and making the right decision for their representative by giving them another activity to do as such despite everything they get help. ethical hypothesis that best encapsulates the choice made is the rights hypothesis and the utilitarianism hypothesis since they viewed that drinking liquor is a human right and the essentials must be regarded by others. By utilizing the utilitarianism hypothesis, they took a gander at concentrating on settling on a choice where they will expand their benefits for the higher up directors and the organization. Utilitarianism hypothesis is the most widely recognized approach for enormous organizations to settling on a moral choice.
3) I don't generally concur with this choice. I can perceive how it is moral, however I don't imagine that it is extremely reasonable for someone to get another possibility once they come to work with enough liquor in their framework to influence how they play out their activity. I would not have any desire to be on a plane that was flown by a pilot who just returned to work from being dealt with for liquor abuse.
4) Yes, I trust Exxon and United Airlines exhibited corporate social duty. As expressed in the book they both have a composed, reasonable arrangement according to substance manhandle that secures the organization as well as the prosperity of everybody. Those people mishandled those substances knowing the part they held in these organizations and in doing as such there are results. I was even ready to locate these online for the two organizations. As I am a chief I make every representative sign this upon employ, so everybody is dealt with decently and realize what they oversee at our organization.
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