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Saved by Daniel Aloroy
on February 10, 2008 at 7:45:20 pm
 
<p class="MsoNoSpacing"><span style="font-size: 12pt; font-family: &quot;Arial&quot;,&quot;sans-serif&quot;;">Daniel Josef M. Aloroy<span style="">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>2.05.08<p>&nbsp;</p></span></p>
<p class="MsoNoSpacing"><span style="font-size: 12pt; font-family: &quot;Arial&quot;,&quot;sans-serif&quot;;">ITETHIC<span style="">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>O0B<p>&nbsp;</p></span></p>
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<p class="MsoNoSpacing"><span style="font-size: 12pt; font-family: &quot;Arial&quot;,&quot;sans-serif&quot;;">Book Review on “Business Ethics Ethical Decision Making and Cases<p>&nbsp;</p></span></p>
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<p class="MsoNoSpacing"><span style="font-size: 12pt; font-family: &quot;Arial&quot;,&quot;sans-serif&quot;;">CHAPTER 2: ETHICAL ISSUES IN BUSINESS<p>&nbsp;</p></span></p>
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<p class="MsoNoSpacing"><span style="font-size: 12pt; font-family: &quot;Arial&quot;,&quot;sans-serif&quot;;"><span style="">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>Communication refers to the transmission of information and the sharing of meaning. Ethical issues in communications relate to advertising messages and formation about product safety, pollution, and employee work conditions, as well as other situations. Communications that are false or misleading can destroy customers’ trust in an organization.<p>&nbsp;</p></span></p>
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<p class="MsoNoSpacing"><span style="font-size: 12pt; font-family: &quot;Arial&quot;,&quot;sans-serif&quot;;">Whenever the company wishes or has come to a point that they should send a message to their customers, they have the responsibility of making sure that it would all be true, concise and not misleading. There are times that when customers receive or conceive false and wrong information that would protect them and keep them safe from the products or services the company serves. This happens sometimes here in the Philippines just like in the situation of Wyeth Philippines when their line of milk products were accused of being expired already but still on sale in the market. Another, just recently, is about the wrong accusations of ABS-CBN to GMA7 of manipulation of the TV ratings. This chapter focused on the situations that could occur inside and organization, and explained how these issues affect the company itself and their customers.<p>&nbsp;</p></span></p>
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<p class="MsoNoSpacing"><span style="font-size: 12pt; font-family: &quot;Arial&quot;,&quot;sans-serif&quot;;">CHAPTER 4: SOCIAL RESPONSIBILITY<p>&nbsp;</p></span></p>
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<p class="MsoNoSpacing"><span style="font-size: 12pt; font-family: &quot;Arial&quot;,&quot;sans-serif&quot;;"><span style="">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>The economic dimension of social responsibility relates to how resources for the production of products are distributed within a social system. The economic dimension also relates to a company’s focus on providing employment to sustain growth and profits and returns to investors. Ethical issues in competition arise when businesses do not compete fairly and do not use legal and socially accepted methods of gaining advantage.<p>&nbsp;</p></span></p>
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<p class="MsoNoSpacing"><span style="font-size: 12pt; font-family: &quot;Arial&quot;,&quot;sans-serif&quot;;">We all know that businesses do really generate employment and help jobless people to finally have a work to do. But what most people don’t know about most of these businesses is the story behind them. Some large companies force smaller companies out of the business. There are also companies who are requiring their small suppliers to file a lengthy order document. On the situation of Nike, they outsource their production of shoes and apparel to countries in Southeast Asia because of their lower wages and faster production. Microsoft Network Explorer was bundled with Windows 95 therefore forcing customers to buy it rather than any other web browsers.<span style="">&nbsp; </span>It was considered as an issue of competition because Microsoft’s competitors are helpless and with no choice but to give their product up on the market. These companies are examples of those who do not practice fair competition and do not use legal and socially accepted methods of gaining advantage.<p>&nbsp;</p></span></p>
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<p class="MsoNoSpacing"><span style="font-size: 12pt; font-family: &quot;Arial&quot;,&quot;sans-serif&quot;;">CHAPTER 6: ORGANIZATIONAL CULTURE AND ETHICAL DECISION MAKING<p>&nbsp;</p></span></p>
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<p class="MsoNoSpacing"><span style="font-size: 12pt; font-family: &quot;Arial&quot;,&quot;sans-serif&quot;;"><span style="">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>In a centralized organization, decision-making authority is concentrated in the hands of top managers, and little authority is delegated to lower levels of the organization. Ethical issues associated with centralized organizations relate to scape-goating and lack of upward communication. In a decentralized organization, decision-making authority is delegated as far down the chain of command as possible.<p>&nbsp;</p></span></p>
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<p class="MsoNoSpacing"><span style="font-size: 12pt; font-family: &quot;Arial&quot;,&quot;sans-serif&quot;;">Decision-making is usually made really at the top management and the superiors in a typical organization to be sure that it would be really the right decision. The subordinates seldomly participate in the decision-making in a centralized organization to show them that there is appropriate authority and standards that are set to be followed. On the other hand, decentralized organizations allow even up to the lowest position to make a decision and it gives them the feeling of a sense of ownership.<p>&nbsp;</p></span></p>

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