Essay on The Consequences of Bad Business Decisions

In todays world business is very competitive. To compete with other companys executives have turned to corrupt practices. Once respected businesses like Enron, WorldCom, and Arthur Anderson have been found deceiving there customers, stockholders, and employees. C.E.O.s try to achieve the American dream and pursue capitalism to its fullest potential. In doing so, business leaders have lost their values and ethics, and make bad business decisions. The downfalls of a company are the consequence of C.E.O.s bad decisions. According to Marjaana Kopperi business ethics, can simply be defined in terms of social and ecological responsibility of business. According to this definition, business ethics requires that business decisions†¦show more content†¦According to David Ivanovich of the Houston chronicle, The energy trading giant threw money at risky, often unrelated investments, an Indian power plant, a water company, a broadband communications operation, and in the process loaded itself up with $9 billion worth of debt. According to Kris Axtam the chief financial officers prot#233;g#233; Michael kopper admitted on trial that, he had stolen about $16.5 million from the company since 1997, and helped Fastow - whom he called brilliant and very greedy - loot $45 million. Due to improper accounting, Enron was required to restate $586 million in money they were believed to have earned. Federal prosecutors, for concealing debts, charges the former chief executive Jeffrey Skilling and former chair Ken neth lay, with conspiracy and fraud. The company formed partnerships that allowed the company to falsely boost their revenue. Enron executives were then able to boost the worth of their stocks, while their business was failing. When the truth about this finally came out their stock value fell sharply. Due to Kenneth Lay and Jeffery Skilling irresponsibility, Enron began to self-destruct. Knowing that their company was failing, the greedy executives at Enron cash in on their stock. The employees, who are the true victims in this scandal, not only lost their jobs, and werent allowed to dump their 401k while the stock plummeted, but lost theirShow MoreRelatedCase of the Ford Pinto1565 Words   |  7 PagesFord’s decision. The Ford Motor Co. are certainly affected, the stockholders of Ford Motor Co., and the buyer of the Ford Pinto are all certainly affected. But there are people outside of these groups which are affected as well. Other passengers of the Ford Pinto, other dri vers on the road, as well as friends and family of the people who could be harmed should be taken into account as well. Obviously the Ford Motor Co. and the stockholders are affected monetarily by the businesses decision. AccordingRead MoreGlobus Report1493 Words   |  6 Pageslevel camera and multi featured camera. And the market area is divided into 4 region which is : 1.North America 2. Europe-Africa 3. Asia Pacific 4. Latin America. One group have 3 members , and in my business simulation we got 8 different companies. Each company has to run the camera business every week , one week in real life is represent 1 year in the simulation for a consecutive 10 weeks. The ultimate goal for all the companies is to dominate the market of the cameras industry, the best cameraRead MoreEthical Decision Making : Ethical Issue Essay1470 Words   |  6 PagesEthical Decision Making Recognize an Ethical Issue 1 Could this decision or situation be damaging to someone or to some group? Does this decision involve a choice between a good and bad alternative, or perhaps between two goods or between two bads? This situation can be damaging to both parties. The first party involved could potentially face legal trouble or termination of their position. The second party may be damaged because it is taking away from the supplies used for customers and theRead MoreEthical Obligations in Business922 Words   |  4 Pagesand objectives consisting ethical obligations of various parties. Business and ethics are related to each other; a business cannot succeed without sticking to good ethics. Currently, I am studying Business Administration with an emphasis in International Business. By pursuing this major, I hope to learn more about the business practices that take place in my home country as well as in other countries. To learn more about the business practices of other countries, I need to do more research and gainRead MoreEthical Dilemmas : Ethical Dilemma1255 Words   |  6 Pagesas wrong or right. Ethical dilemmas pose very conflicted questions in a person s mind when making decisions. Th ere are differences in decisions, also called ethical judgments and are made by people when having moral dilemmas. These differences can be explained by divergent moral philosophies between different people. This paper seeks to discuss some moral questions people face in various business; ethical theories applied to solve them and a look at a theorist who tries to solve all of these dilemmasRead MoreBusiness Ethics, The `` Gray `` : Ethical Theories That Will Make The Decision Easier For Her Dilemma1103 Words   |  5 PagesIn business ethics, the â€Å"gray† areas are the toughest aspects that don’t have a clear right or wrong answer, but the reaction of the other party can have a potential negative impact on the business itself. Ethically, Jill will want to avoid the negative consequences as much as possible to avoid a conflict with William Potter and Henry. Objectively reviewing Henry delegated from William to Jill will have huge implications as the review moves fo rth. In making the decision, Jill will answer the questionRead MoreExamples Of Immanuel Kants Categorical Imperative1543 Words   |  7 Pagesis about essentially removing yourself from a situation and doing what is best for everyone. Kant is basically saying that it is unethical to make decisions that affect everyone, but only benefits you. The second formulation is about making sure that everyone still has their humanity. I interpret this to mean that it would be unethical to make a decision that complete degrades another person or takes away their free will. The third formulation of the categorical imperative is about creating laws thatRead MoreEthical Conflicts : Teleological, Deontological And Contemporary Theories Essay1270 Words   |  6 PagesAnalysis of ethical conflicts is mainly based on teleological, deontological and contemporary theories. ANALYSIS OF ETHICAL ISSUES Teleological theory is based on the consequence of an action and not about the action itself. It mainly focuses on the outcome an action will produce even though the action is unethical. If the outcome is ethical even when actions leading to it are unethical, then this theory is technological theory. It looks into the future if an action done. For example, a businessmanRead MoreThe Ethical Dilemma of Gambling in Pro Sports1660 Words   |  7 PagesGambling in professional sports is an ethical dilemma that needs to be examined from all angles before making a decision on whether to bet or not. Gambling has been a part our society for thousands of years, dating back to the original Olympic Games in Greece. Depending on where you live, there will be different laws regarding the rules of gambling. The story of Pete Rose shows a good example of what can happen to a sports manager that bets on his own team and others in his sport. In this case, thereRead MoreCorporate Social Responsibility Initiatives For The Company1547 Words   |  7 Pagesresponsibility initiatives were not meant to boost the image of the company but to ensure environmental sustainability. Secondly, the founders also successfully adopted a decentralized business model that allowed workers to feel empowered. For instance, various teams in the company played a big part in negotiating critical business deals such as the acquisition of the new power plants. Besides that, the founders also adopted a flat management structure that removed bureaucracy and supervision for workers

Sample Resume Improving Customer Service - 1075 Words

Improving Customer Service Lamont Worrell DeVry University November 13, 2015 It s universally acknowledged that a great customer experience is one of the best ways to ensure that customers become repeat customers and this is often the goal of most organization. Long repeat customers will imply the distinction between a thriving business and one getting ready to go under, thus understanding the worth of client expertise is often of great importance (Theyel Hofmann, 2015). Client expertise is tied with good client service, thus Team Support s Henry M. Robert Johnson offered up a report on the best way to set about that. Making better customer service, not surprisingly starts with understanding your customer. It s very difficult to make a terrific customer service environment where customers only have one way to contact the business, spend a lot of time on hold, and then do not get satisfactory answer when the call finishes. Understanding by itself is not enough, though; since the customers needs are understood, it s time to get together with the customer service team and figure out just how to address the points brought up in the understanding of the customer (Babin et al., 2015). There are, however, some common ways to deal with these problems, at the same time as they are unit specific ways in which will solely be found through joint and collaboration with the client service reps onShow MoreRelatedStrategies And Activities1279 Words   |  6 PagesActivities to facilitate the process will include resume building/writing workshops, skill building courses, mock interview trials, and a homeless transportation service. These activities are aimed at empowering homeless individuals with the necessary resources needed to overcome current barriers they face in employment attainment. The new PHC services that will be provided to homeless individuals whom want to obtain employment is innovative because such services have not been provided by the PHC programRead MoreA Study On My Online Image910 Words   |  4 Pagesbroad net. The two educational areas for improvement are bringing my certifications back into compliance and improving leadership skills. The third area that I feel needs improvement is my professional online image. I am in a field that requires certifications to not only show or prove the skillset that is listed on a resume, but certifications are often required due to contracts with customers. Leadership skills are in demand within the workplace as indicated by a recent survey by Development DimensionsRead MoreStudy of Recruitment Process and E- Recruitment12119 Words   |  49 Pagesare expected to continue their explosive growth. Presently, e- recruitment has been adopted in many organizations either from large organizations to small size companies. Most organizations are already using e-recruitment to post jobs and accept resumes on the Internet, and correspond with the applicants by e-mail. It brings the benefits to the organizations. Recruitment acts as a link between the employers and the job seekers and ensures the placement of right candidate at the right place at theRead MoreIntroduction. I Will Be Comparing The Corporate Social1554 Words   |  7 Pageswhere companies feel obligated to give back to those who assisted them in their success. A company needs both the employees and customers to be satisfied. Hence, companies feel obligated to give back to their community; a practice of appreciation and sympathy. I will begin with talking about the background of each company, followed by the employees, investors, customers, and environment. Whole Foods - Background Founded on September 20, 1980 in Austin, Texas. Primary products consist of naturalRead MoreHrm Potential Risks in Apple Inc.3637 Words   |  15 Pagesselection is the process through which organizations make decisions about who will or will not be allowed to join the organization. (F L Schmidt, 1992) Personnel selection is made up with five steps, which are screening applications and resumes, testing and reviewing work samples, interviewing candidates, checking references and background, make a selection. (McGraw-Hill, 2004) Apple has received applications from applicants after recruiting. Therefore, Apple Inc. is expected to create a selection processRead MoreFirewall Centers And History :1738 Words   |  7 Pagesdiverse set of pupil from 204 different countries that speaks 184 different languages. Broward County School system is a melting pot consisting of Whites, Blacks, Asian, Hispanic and the others being Native Americans, Pacific Islander and multiracial. Services: The afterschool organization focuses on three area to ensure that their mission is carried out to its upmost potential. By maintain a student to staff ratio of 10:1, students receive the attention they need succeed. Firewall Centers provide a strongRead MoreBusiness Plan for Opentable - an Online Restaurant Reservation System7002 Words   |  29 Pages(Opentable website). This number is large but still OpenTable has a lot of room to grow, according to OpenTable conference 2009, OpenTable estimated that 30% of all restaurants reservation online diners in North America were all OpenTable current customers; however OpenTable’s penetration is much lower outside North America The better reflection of opportunity is that OpenTable also estimated that just 6% of the all the reservations seated in north America are made online; this means that stillRead MoreEssay on Ellen Moore1543 Words   |  7 Pagesevidence that there were some successful businesswomen who did it before and she believed she was at lower risk of danger than her Western male counterparts in the event of hostility. In this situation, Ellen had four alternatives: 1. Take the Customer Service Position 2. Fight Back 3. Stay in the Business Planning and Development department and 4. Leave the company. I recommend that Ellen choose choice number 3: stay in the same position until another opportunity comes up while she keeps looking forRead MoreCase Analysis: Ellen Moore (a): Living and Working in Bahrain1583 Words   |  7 Pagesevidence that there were some successful businesswomen who did it before and she believed she was at lower risk of danger than her Western male counterparts in the event of hostility. In this situation, Ellen had four alternatives: 1. Take the Customer Service Position 2. Fight Back 3. Stay in the Business Planning and Development department and 4. Leave the company. I recommend that Ellen choose choice number 3: stay in the same position until another opportunity comes up while she keeps looking forRead MoreTanglewood Case 62300 Words   |  10 Pagesbegins work and the employee is not at all the sort of person they thought they had assessed in the interview. Improving the Process One of the primary problems in the process of selecting external candidates to serve as department managers is the lack of structure to the selection process. In most cases, managers request that applicants fill out the work history applicant, a brief rà ©sumà ©, and then interview everyone who applies. This is a time consuming process, because many candidates simply

United States Department Of Corrections - 957 Words

I. Introduction The United States Department of Corrections is currently suffering from a problem of overcrowding of inmates within its prison system resulting in a racial, ethical and administrative challenges. In an effort to address and diminish overcrowding, the Department of Corrections has enacted major policy changes relating to inmate early release credit programs. Therefore, the Department of Corrections through policy changes and the reinstatement of early release credit programs has provided both positive and negative public reception and renewed calls for further analysis on other alternatives to reduce prison overcrowding. II. Problem Identification A. Prison Overcrowding: Prisons have become warehouses of human beings as opposed to institutions meant to provide a means to engage in restitution by delinquent individuals in society. â€Å"One necessary condition for rising incarceration rates has been the massive expansion in prison construction and capacity, without which prison populations could not have grown so dramatically† (Guetzkow Schoon, 2015). As more prisons are being built, more delinquents are being incarcerated in order to fill them. â€Å"Prison facilities are filled 38 percent beyond rated capacity, with overcrowding being particularly acute in higher-security institutions† (Rowland, 2013). B. War on Drugs: A major factor in the overcrowding of prisons, the war on drugs has resulted in the rise of the Criminal Justice system utilizing incarceration asShow MoreRelatedThe United States Prison System996 Words   |  4 PagesSince the 1980s, the United States prison population has quadrupled to 2.4 million inmates; with nearly half of the inmates in federal prison serving time for drug offenses. The majority of America’s general population has been hoodwinked into believing that the prison system helps prevent crime, but the side effects of mass incarceration is like spilling gasoline on a burning car. The side effects of fabricating additional prison complexes for the sole purpose of preventing crime will continue toRead MoreCorrections Programs of North Carolina and Oregon Essay817 Words   |  4 PagesCommunity corrections programs in the United States are founded upon the same principles of promoting public safety and security by housing any individual that h as broken the laws established by society. However, while there are several similarities there are also several differences in each individual states correctional programs and philosophies. Consequently, those similarities and differences for the states of North Carolina and Oregon will be individually analyzed and explored. The state of NorthRead MoreCriminal Justice System Paper803 Words   |  4 Pageshandled accordingly, whether it is jail time or probation. The criminal justice system in America is separated by each state, with each state being divided into three major components. Each state handles adult and juveniles cases differently. The three important components are: Law enforcement, the Court and Corrections department. Law enforcement is the first component. Law Enforcement is the first line of action and is the most dangerous component in theRead MoreJuvenile Offenders And The United States1092 Words   |  5 Pagesvery state has its own Department of Corrections; this agency is responsible for the regulation and controlled of convicted prisoners. The Department of Corrections allows the safety of the community by performing safe and secure facilities which keeps the prisoners and offenders under control. In prison there are wide facilities are available for offenders and prisoners such as medical treatment, educational and vocational programs. These programs are there to help the offenders become betterRead MoreCase Analysis : Padgett V. Donald 41884 Words   |  4 Pages41 F.3d 1253 (11th Circuit 2005) FACTS Procedural: The United States and Georgia Constitutions allow the Georgia Department of Corrections to compel incarcerated felons to submit saliva samples for DNA profiling, pursuant with O.C.G.A. section 24-4-60. The district court granted summary judgement in favor of the Commissioner of the Georgia Department of Corrections, the Georgia Bureau of Investigation, and the Georgia Department of Corrections. The statute does not violate the Fourth Amendment, theRead MoreA Report on the Need of Improved Communication in the Criminal Justice System736 Words   |  3 Pagesjustice system functions by the cooperation of various key agencies including federal and state courts, federal and private investigators, private security firms, police departments, institutional and community corrections programs (The Structure, n.d.). Crimes committed within state boundaries are handled by state criminal justice systems, whereas crimes committed on federal property or in more than one state are hand led by the federal criminal justice system (The Criminal Justice System, 2008)Read MoreCja234 Week 3 Essay1318 Words   |  6 PagesPrincipal Objectives of Corrections CJA/234 January 1, 2013 The Principal Objectives of Punishment with the U.S. Corrections System The Department of Corrections has continuously changed their goals and objectives throughout the history of corrections. The continuous changes to policies have many contributing factors beginning with the Attorney General, Governors, and appointed directors of the incarceration establishments. With changing laws, new problems arising and changing politicalRead MoreThe Case Of Correctional Officers1653 Words   |  7 Pagesin the nation. The Department of Correction in Connecticut was the first to bring young adults and adult institutions in the same central authority. This department is one of a few agencies to put together a system of jails for prisoners before their trial and prisons for offenders that have already been sentenced. Connecticut’s first correctional system started in the Old Newgate prison located in East Granby, which was used as a copper mine in 1705 (â€Å"Doc: History Department†). In the twenty firstRead MoreSocial971 Words   |  4 PagesAdmini strator Challenges The job requirements of a criminal justice administer in the United States can be extremely demanding. The three foremost areas of criminal justice include the police, courts, and corrections. As an administrator overseeing the police department would be indeed the hardest of the three. Within a police department the chief of police would be the top administrator and in command of administrating the departments policies to officers, detectives, and supporting staff. This paper will discussRead MoreThree branches of government1113 Words   |  5 Pages civil courts, and corrections. Federal Government Criminal Justice System The United States federal government is made up of three branches, which all serve different purpose but are equal in power to ensure a system of checks and balances. Just like the federal government has a separation of powers and different components, the United States criminal justice system not only has many components, but is also ruled by both federal and state authorities which are

International Student Life in America Essay Example For Students

International Student Life in America Essay Everyone has a story about their life, and I am no exception. My life has changed for the better since I moved to America to study. In here, I had a chance to experience so many things that I have not ever done before, especially English and American culture. Therefore, a new world was opened to me which created a new story about my life in America. I never forget the first day I step on American soil; I was surprised and scared because everyone spoke English very fast. On the day I arrived to the airport in Los Angeles, I did not know where I should go. I was lost for one hour, and I cried a lot because I did not know what I should do at that time. Fortunately, there was a Vietnamese man who wore blue shirt and black jeans looking very elegant helped me find the right way. After that day, I spent almost one month just staying at home because I was afraid of communicating with others. Therefore, speaking English became my huge problem when I moved to the US. Whenever my sister invited me go out with her, I always refused immediately and sometimes, I was even angry at her. Then, my friend, Vy, said to me that â€Å"staying at home just makes you more scared, and you cannot have any chance to improve English. Moreover, you will gradually become more stupid if you continue to lock yourself in the house. † Therefore, I started to change my mind because of her suggestion. After that, I chatted to Andy on Facebook, another friend who studies in the US like me. He said with his cheerful face, â€Å"Hey Thuy, I travelled to San Francisco, Las Vegas, and Miami with my American friends, these places are very wonderful. So, have you travelled to there yet? † I just responded to him with a halt because I did not go to anywhere yet, so how can I talk to him that I just stayed at home for whole month. That was ridiculous and embarrassed! However, after he asked me this question, I was woken up. I recognized that avoiding speaking English was not healthy; it will let me down and I will lose my chances to discover beautiful places in America. Moreover, we both went to America to study but he is more courageous than me, so I become more disappointed about myself. Then, I spent my remaining break time going out and trying to communicate with everyone and watch American shows before going to school. I remember on one day, I went to McDonalds to order food. I told to an assistant that â€Å"Hi, can I get one Mc chicken and large fried? † However, I was still timid, so my volume was very small. Therefore, she did not understand me and her face winced when listening to me because of my wrong pronunciation. This thing made me a little bit confused and shy. However, I did not give up and tried many times to fix my pronunciation for many times. Finally, she understood what I said. I smiled all the time when I went home because I overcame this difficulty and now, I felt very confident when going out and talking to others. Moreover, this is my first time in a different country without my family, so it was very difficult to me to do everything by myself. However, all problems will be resolved if we take the time to ask for help. Thus, I had an opportunity to learn how to live independently in America, such as how to creating an account bank, how to take a bus, and how to take a driving exam. After that time, I took American Language Program which is abbreviated as ALP in Cal State Fullerton before studying in the university. This course was wonderful because it not only helped me improve my English skills but also provided to me with a lot of knowledge about America. I remembered that on one day, ALP had an exciting activity about exchanging culture with American students. They often created so many jokes to make us laugh. Moreover, whenever I asked them, they always smiled and answered questions immediately. .ucaf593f334868137c498873c53d40551 , .ucaf593f334868137c498873c53d40551 .postImageUrl , .ucaf593f334868137c498873c53d40551 .centered-text-area { min-height: 80px; position: relative; } .ucaf593f334868137c498873c53d40551 , .ucaf593f334868137c498873c53d40551:hover , .ucaf593f334868137c498873c53d40551:visited , .ucaf593f334868137c498873c53d40551:active { border:0!important; } .ucaf593f334868137c498873c53d40551 .clearfix:after { content: ""; display: table; clear: both; } .ucaf593f334868137c498873c53d40551 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ucaf593f334868137c498873c53d40551:active , .ucaf593f334868137c498873c53d40551:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ucaf593f334868137c498873c53d40551 .centered-text-area { width: 100%; position: relative ; } .ucaf593f334868137c498873c53d40551 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ucaf593f334868137c498873c53d40551 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ucaf593f334868137c498873c53d40551 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ucaf593f334868137c498873c53d40551:hover .ctaButton { background-color: #34495E!important; } .ucaf593f334868137c498873c53d40551 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ucaf593f334868137c498873c53d40551 .ucaf593f334868137c498873c53d40551-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ucaf593f334868137c498873c53d40551:after { content: ""; display: block; clear: both; } READ: Lord Of The Flies - What Evil Lurks In The H EssayTherefore, they made me more comfortable when communicating with them and removed any worries about my English skills. In addition, they taught me so many things about American culture that I have never known before. For example, they said that â€Å"tipping is a common habit in the US, so you need to remember to pay tip for waiters when eating in restaurants because this action is showing respect for staffs. Moreover, asking someone about their age or weight is very impolite in this country, so you should not ask them about these questions because they can be angry with you. However, I unintentionally asked my American friend about her age and weight because these questions are very normal in my country and now, I knew the reason why she did not answer me, and her face was a little bit angry with my question. After this lesson, I learned not asking others about these questions anymore. Therefore, exchanging culture with American students helped me expand my knowledge, and I gradually adapted to life in America. This is a story about my new life when I have lived in the US. This country is very great and wonderful because it gave to me opportunities to experience and discover. In spite of having difficulties about the language and culture, I can still adapt to this life and I am more and more mature when living here. Now, I understood that giving up challenges is one of the worst ways to resolve problems; instead of acting this way, we need to overcome them by turning from challenges into opportunities to help us learn new things and open a new world.