November 10, 2010
Anatomy of a Corporate Takeover
What did you think of this video?
I think this video is a very informative series addressing ethical situations and dilemmas. As a business major it is very important to understand the challenging issues you will be faced with as you embark on the career path into corporate America. The video examines ethical conflicts and gives students a background the tradition of ethics. When there is always so much being said and written about the decline of ethical behavior in our country, a series like this was a appropriate effort to alleviate confusion over what we have a right to do and what is the right thing to do.
What questions are being addressed?
Some of the questions being addressed are whose best economic interests are most important? Does the government have a role to play in this game of high finance? Also, with large amounts of money changing hands, what ethical concerns surround this issue? While consumers and producers in the world make most decisions that mold the economy, government activities have a powerful effect on the U.S economy. The federal government controls the general pace of monetary activity, attempting to preserve steady growth, high levels of employment, and price stability. By changing spending and tax rates or running the money supply and maintaining the use of credit, it can slow down or speed up the economy's rate of growth. As a result, it affects the level of prices and employment. With the rising focus on globalization of the financial system, ethical issues are often submerged by the objective of increasing success. Ethics covers an extensive area in terms of business. Moral principles that one follows should please the customer, the employee, and the employer. There are values that should be satisfied within the organization as well. I believe most ethical issues begin the management stage of the organization. In...