business practices‚ as exuded by Enron and WorldCom for example‚ business leaders and governing agencies realize the importance of ethical behavior. Although there is not a clear cut or standard set of attributes that constitute an effective and ethical leader‚ there are several common aspects that can be identified. The most important attributes of an effective and ethical leader are trustworthiness and accountability. Employees must feel that they can trust their managers in any and every
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VOLVO’S "BEAR FOOT" MISSTEP INTRODUCTION The Volvo car manufacturers in 1990‚ following a monster truck rally in Vermont‚ devised an advertisement to show the strength and safety of the Volvo station wagon. The actual event of 1990 was one whereby a monster truck which because of its size was given the name "Bear Foot"‚ rode atop of the roofs of cars lined in its path‚ one of which was a Volvo. The oversized truck crushed all the other vehicles in its way‚ except the Volvo wagon and thus the new
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Topic 2: Ethical leadership is mostly about leadership integrity. Discuss. Introduction A recent study conducted in 2010 among UK and some European companies‚ revealed that the most prominent ethical issues to organisations includes harassment‚ bribery‚ corruption and facilitation payments‚ and whistle blowing (Wesley et al. 2011). Thus‚ it is important that ethics must indeed embark from the top. Leaders cannot escape from their responsibility to establish a moral example for their followers.
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November 20‚ 2015 Sydnee Lyman Sweatshop Debate Sweatshops are a very controversial discussion everywhere around the world. Whether the sweatshop is domestic or international‚ it is a major issue as to if it is an ethical way for production or not. By definition‚ the word sweatshop means‚ “a shop employing workers at low wages‚ for long hours‚ and under poor conditions” (Dictionary). The definition is portraying the term sweatshop as bad and inhumane. Some believe sweatshops are what provide better job
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ETHICAL LEADERSHIP This paper is an exploratory study on Ethical Leadership in the present Business environment which starts with the introduction to leadership and ethical leadership concept and explains about the components of ethical leadership which consists of purpose‚ knowledge‚ authority and trust. Also outlined about the modes of ethical leadership which comprises of inspiration‚ facilitation‚ persuasion‚ manipulation and coercion and followed by the best of the best Ethical Leaders
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Introduction When the discovery of sweatshop practices and human rights exploitation surfaced in the 1990s‚ Nike was forced to review and change its operations in order to please the expanding group of conscientious customers who are concerned with the conditions under which the products are manufactured (Suehle‚ 2011). The pressure for change resulted in Nike’s decision to integrate corporate and social responsibility (CSR) into its business operations. Since then‚ Nike has acknowledged the importance
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NIKE Executive Summary Nike Inc. founded in 1962 by Bill Bowerman and Phil Knight was first named Blue Ribbon sports. Their goal was to distribute high quality Japanese athletic shoes to American consumers in an attempt to compete with Germany’s domination of the athletic wear at that time (Adidas and Puma). Nike manufactures and distributes athletic shoes at every marketable price point to the global market. More than 40% of sales come from athletic apparel and sports equipment
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SUPPORTING GOOD PRACTICE IN MANAGING EMPLOYMENT RELATIONS 1. Describe 4 factors‚ 2 internal and 2 external‚ which impact on the employment relationship. Employment Relations is defined by David Farnham as “that part of managing people that enables competent managers to balance‚ within acceptable limits‚ the interests of employers and those of employees in the labour market and workplace”. The employment relationship is affected by: External Factors: Economy The level of economy affects
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Economic aspect of Sweatshops Often times‚ economists are asked about sweatshops. Economists across the political spectrum have pointed out that for many sweatshop workers the alternatives are much‚ much worse. Working in the apparel industry in any of the sweatshop operating countries results in earning more than the average income in that country. In half of the countries it results in earning more than three times the national average. Individuals often assume that sweatshops are morally wrong
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Nike shoes are endorsed by numerous professional athletes and are quite famous for their aerodynamic designs and the great comfort they provide. From famous tennis players like Serena Williams to NBA all-stars like Michael Jordan‚ many professional athletes‚ who have quite a significant influence on the public‚ can be seen on television advertisements endorsing Nike. Persuaded through these advertisements on television and social media‚ consumers line up daily in front of Nike stores worldwide‚ but
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