Ethics and Social Reqponsibiliities Paper Essay Example | Topics and Well Written Essays - 750 words

Ethics and Social Reqponsibiliities Paper - Essay Example Nike abused workers in various third world countries with sweetshop operations which violated human rights and working standards. In India in 1984 there was a huge gas leak accident cause by Corporation which could have been prevented if the company followed the safety standards of developed nations. This paper analyzes the statement â€Å"Strict governmental regulations are necessary to make companies behave ethically. The essay provides an analysis of the statement to illustrate whether the statement is true of false. Ethics and corporate responsibility are the two concepts used to dissect the statement. Ethics is the rules of conduct that are considered to determine if an action is right or wrong (Webster’s II, 1984). Most corporations especially public firms have established codes of ethics to set guidelines for the behavior of its employees. These written documents many times are not proactively referenced and utilized by the firms. In their host country many companies act and practice legitimate business practices, but once the opportunity surges to break the rules in foreign land it is another story. Ethics are suppose to be universal principles, but competitive forces at times drive company and its management staff into unethical decision due to the pressure to achieve results. A company establish in a foreign country such as the South American nation of Peru can legally abide by the standards set in that nation and if the norms in this nation are softer in different operating aspects the company will take advantage of it and lower their standards in order to reduce cos ts. The regulations about environmental issues set by agencies such as EPA are tough. If in Peru a company does not have to comply with certain air quality standards a company will not purchase the machinery and equipment necessary to comply with the US standard. The premise that strict governmental

Conflict Management and Negotiation Critical Thinking Essay

Conflict Management and Negotiation Critical Thinking - Essay Example The essay "Conflict Management and Negotiation Critical Thinking" discovers the Negotiation Critical Thinking and Conflict Management. In the modern world, handling of conflicts constructively is one of the paramount challenges. Even with maturing humanities, technology and scientific knowledge understanding, not to mention a more educated population, damaging conflicts are still prevalent. When conflicts intensify, the parties reach impasses, and gradually end up hurting each other in the conflict progression. This may lead to psychological problems, personal relations break down and group fights. Nevertheless, even with such adverse effects, conflict management academics still hold that many conflicts are potential to integrative resolution means. As such, parties can reach a mutual satisfactory settlement if they determinedly search for it. In order to handle conflicts constructively, the conflicting parties must be willing undertake an integrative approach. Hence, they must look for evidence in relation to facts and interests. Accordingly, they should be able to creatively exploit that information to breed mutually satisfactory settlements. As a consequence, integration is a significant concept in the conflict management methodologies. It is used in relation to numerous features of the conflict management practice such as integrative potential, integrative outcome, integrative procedure and integrative purpose conduct and helps both parties to arrive at a win-win situation. Case Facts In the case at hand Peter Smith and his wife Catherine Smith became involved in contemporary art in the 1970s. Subsequently, Peter was invited to become a member of the MCA board of trustees which he agreed to and was prepared to donate more money to the $10000 the organization had earlier requested. In 1989, Peter was elected as the chairman of the board. On the other hand, Keith Schmidt was hired by the board to hold the post of executive director at the start of the same ye ar and this was because of his wide knowledge on matters related to museum management. However, these two executives were in constant conflicts mainly in regards to expansion and fund management. Peter was more conservative especially when it came to expansion while Keith was objected towards growth and he viewed Peter as a barrier. The peak of their conflict reached in November 1991 when the board chose to vote for Schmidt’s projects to rapidly expand the MCA against Peter opinion. After this eventuality, Peter and Catherine disappeared from the Chicago art community. In 1997 MCA was under the leadership of Peggy Fischer as the chairperson of the board while Schmidt was still the executive director of MCA. It came to the realization that MCA was under financial constraint since it