Business Ethics and Sustainability Essay Example | Topics and Well Written Essays - 3000 words

Business Ethics and Sustainability - Essay Example Reference is made to a specific case, as an example: the oil spill caused by BP in Mexico in 2010. Different ethical approaches are used for evaluating the role of parties in the specific ethical issue and for understanding how the effects of this issue, in terms of ethics, could be limited. Also, the following problem is explored: can a particular ethical theory be used for realising all aspects of an ethical issue in the business sector or a combination of different ethical approaches would be rather preferred? The examination and the analysis of the facts of the specific case, as based on appropriate literature, lead to the following assumption: business decisions and operations can be quite complex; current ethical approaches are not able, if used separately, to explain all ethical issue related to business activities no matter the size of a business. In the 20th of April 2010 a strong explosion occurred in BP’s ‘drilling rig in the Gulf of Mexico’ (The Guardian, 2010). The site’s safety measures were proved quite problematic: a mechanism that had been established for controlling the leak of oil did not operate while no plan appeared for limiting the human losses in regard to the company’s staff in the particular site (The Guardian, 2010). As a result, about 11 employees died while 17 others suffered severe injuries; also, an extended oil slick was gradually developed affecting the natural environment, see waters and coasts, in the greater Gulf area (The Guardian, 2010). About ‘200 million gallons of oil’ (Geggel, 2015) have been released in the Gulf of Mexico during the 87 days that followed the explosion in BP’s particular drilling rig (Neuhauser, 2014). The damage caused on the area’s natural environment has been quite critical (Figure 1). Due to its effects on the environment, the specific incident was carefully investigated by the authorities, as of all its aspects. At a first

Influence of Job Satisfaction on Staff Turnover Dissertation

Influence of Job Satisfaction on Staff Turnover - Dissertation Example Graham defined job satisfaction as, "The measurement of one's total feelings and attitudes towards one's job"(Graham, p. 68, 1982). Some specialists state job satisfaction as â€Å"any combination of psychological, physiological, and environmental circumstances that causes a person truthfully to say, ‘I am satisfied with my job’† (Hoppock, p. 47, 1935). One more defines job satisfaction as â€Å"an affective (emotional) reaction to a job that results from the incumbent’s comparison of actual outcomes with those that are desired† (Cranny et al., p.1, 1992). Dissatisfied employees are always complaining about their physical health like stiffness in muscles and joints (O’Driscoll & Beehr, 1994). Job satisfaction is a key factor that affects the employee’s turnover intention and, â€Å"Job satisfaction is important for organizations to address due to its impact on absenteeism, (1) turnover, (2) and pro-social â€Å"citizenship† beha viors such as helping coworkers, helping customers, and being more cooperative with all social ties† (Karl & Sutton, p.515, 1998). Dissatisfaction of the employees when reaches a certain limit, it gives rise to turnover intention. Most of the studies show a reasonable connection between job satisfaction and turnover intentions (Samad, pp. 1-5, 2006). Turnover intention is the intent of the staff to quit their organization. The ratio of the figure of members of organization who leave during a specific period divided by the average number of employees in that organization is the rate of turnover (Price, p.10-25, 1977). Dissatisfaction of employees is a major issue for the organizations as they suffer a lot if a competent individual quits the job due to dissatisfaction. Turnover can cause serious damage and destruction to the organization by bringing extra direct or indirect cost to it. Expenses incurred on the assortment, staffing, initiation and training of new workers is direct cost (Staw, p. 253-273, 1980). Cost of knowledge, abridged morale, stress on the existing staff and the loss of social capital are the i ndirect costs suffered by the organization (Des & Shaw, p.446-456, 2001). Therefore, the organizations must take steps to identify the factors causing job dissatisfaction in the employees. A number of aspects influence the job satisfaction of the employees. The matter of knowing about the factors affecting the job satisfaction of the individuals working for the organization is of utmost importance. The two types of the factors that manipulate the job satisfaction of an individual are factors involving the work environment and the demographic characteristics. Education, gender, age, and term of employment are the demographic measures while the difference of roles, task variety, remuneration, and relationship with colleagues are the work environment measures (Allen, pp. 27, 2002). It is obligatory for the organization to provide best possible working environment to the employees so that they feel comfortable. Dissatisfied employees are a cause of numerous problems for the organization s and are not productive. A recent study reveals the consequences of job dissatisfaction through which one can conclude that if disgruntled workers stay in the organization they may take on counter-productive activities (Spector, 1997). Roznowski and Hulin contend that overall job satisfaction measures are "the most informative data a manager or researcher can have for predicting employee behavior"(Roznowski and Hulin, 1992, p. 26). Job satisfaction of an individual directly affects his or her turnover intention. Experts have been

The European Economic Community Essay Example | Topics and Well Written Essays - 2250 words

The European Economic Community - Essay Example This resulted in the benefits of four freedoms namely, capital, labor, products and services to the European community. In subsequent years, the movement gathered momentum, and as the policies of liberalization and globalization started having bigger impacts on the world polity, the EEC saw more relevance for it. Stated objective of formation of EEC is of course protecting the economic interests, but the region has also learnt quite a few lessons from the history as well. Germany used to be a loose confederation of independent states till 1870. On January 18, 1871, these states united under a Prussian king who had the title â€Å"Kaiser, of the German Empire†. Bismarck was the first Chancellor or Prime Minister of the unified Germany. This resulted in gradual expansion of Germany and alternation of distribution of power within Europe and a new world order (Henig, 2002). This shift is balance of power made the group of nations like Britain, Russia and France together. Gradually the imperialistic urge started crossing the borders and entered into the African region. All such events led to the two world wars and massive devastation on all sides. Therefore, formation of a common platform is also the efforts towards averting the recurrence of such wars. The stated objectives for the EEC in clude2; The common commercial policies are an important step towards safeguarding the interests of the region particularly while dealing with the outside world. After the treaty of Rome, a need was being felt to serve the interests of the customs union with a Common Customs Tariff (CCT) to deal with the third parties. Established by Article 113 [133] of the Treaty of Rome, Common Commercial Policies therefore took shape in 1961 to safeguard the common interests of the EU nations3. This effectively meant that the EU region will act as one country while

Sustainable Communites Essay Example | Topics and Well Written Essays - 500 words

Sustainable Communites - Essay Example â€Å"Perma-culture  is a sustainable method of edible landscaping that minimizes energy and water usage, while  cohousing  is the sharing of common resources by a group of people.† (Horton, 2011) Sustainable communities help in promoting sustainable living, which refers to a lifestyle that leads to reduction in usage of natural resources. The concept generated because it has been believed and is often believed even now, that only manufacturing companies are contributing to the ill health of earth. The truth is, however, otherwise. Individuals on their own cause a lot of pollution and reduce earth’s life. Sustainable communities help individuals learn how they can improve their lives and the lives of their future generation. That is, they are taught how as individuals they can help in sustainable development. For example, Toyota has been working on reducing its carbon foot print. Accodrding to Toyota, 2011, â€Å"Toyota’s culture of shared environmental responsibility has enabled the company’s manufacturing facility to implement 1,700 energy-saving measures over the past five years—resulting in a CO2—emission reduction result of 120,00 0 tons—that’s roughly equivalent to planting 45,000 trees.† I thought to myself what my carbon footprint is. I calculated it and I read different articles that helped me learn how I can reduce my own carbon foot print and help in making earth’s environment better in my own capacity. Moreover, sustainable communities also help in making others aware about sustainable development plus they give a platform for organizations to form partnerships and coalitions and work for the betterment of the environment and people. â€Å"The Stern Review (2006) concluded that climate change presents very serious global risks, and it demands an urgent global response.† (INFED). This means that companies need to work together for a better cause. Some companies like Coco-Cola have been

Marketing Research on Micro Beer Inc Paper Example | Topics and Well Written Essays - 2500 words

Marketing on Micro Beer Inc - Research Paper Example A research problem is frequently regarded as the nucleus of any study report. A research process is practically impossible to carry out without any proper definition about the problem of the research. The process of identifying a research problem starts with the proper recognition of the objective of the study. After the research problem has been identified, the next step is to translate it into a research hypothesis. Thus a research hypothesis is defined as the logical guess that provides a possible outcome of the study. A research problem is also considered as the most important as well as the foundation stage for any research study. In other words it acts as the basis of the study i.e. based on which the study is conducted. Now in the context of the project the problem which has been highlighted in the case is to determine whether the company Micro Beer can actually capitalize on the opportunity of importing and distributing the fine Belgian beer in the market of Naples, where the product is not sold. Hence the primary requirement which has been assessed according to the project is to portray the demand of Belgian beers in the adjacent areas of Naples.

Research paper discussing the use of progress monitoring can help Article

Research paper discussing the use of progress monitoring can help provide educators with a valuable tool to improve their own teaching - Article Example One way that a teacher can tell whether one method of teaching is better than another is by using progress monitoring assessments (Johnson, 2005, p. 319). In the absence of these assessments, teachers would subjectively prefer methods with limited effectiveness; hence leading to poor learning outcomes. Succeeding sections of this paper contains detailed description of benefits offered by progress monitoring tools to teachers. The first step in the application of progress monitoring involves determining a learner’s actual rate of academic performance. Teachers can identify this rate by administering bi-weekly measurement of student’s average score in class tests (Gloria, 2010). Subsequently, a comparison between the actual rate of learning and the average or expected rate of learning is developed. Average rates of learning are usually the normal mean rates used within a local academic context. Comparing the two rates will objectively ascertain whether or not a student has learning difficulties. In addition, the comparison also facilitates determination of effectiveness from each teaching method used by educators. After capturing the facts concerning a student’s actual progress, educators can adjust instructional techniques and other intervention responses accordingly (Evans & Lang, 2006). Technically, the first benefit of progress monitoring assessments to teachers is formulation of informed decisions on instructional techniques. Conroy and Holly (2013) agreed that progress monitoring helps to pinpoint a student’s rate of learning. Sometimes, teachers may rest content with a misconception that a student is progressing expectedly because that student passes each test in class. However, progress monitoring is not about focusing on a single point of an academic journey. It is about checking whether a student’s pace of learning will facilitate achievement of pre-determined goals

Machiavellianism Dissertation Example | Topics and Well Written Essays - 500 words

Machiavellianism - Dissertation Example 2.Machiavelli notes that huge-spending by political leaders has a significant influence, power and domination over the economical administrators. The application is still widely relevant in the contemporary setting especially during the general election campaigns. Retired leaders for example George Bush, Bill Clinton and the current leader, President Obama; rose to their presidential thrown due to their huge economic muscle they had during their presidential campaigns. Obama used multiple fundraisers and donations from well wishers which exceeded the then presidential hopeful, Mr. McCain’s financial power. Mr. Obama’s vast financial power enabled him to mobilize multiple people and initiatives, which propelled him to win the elections. 3.(a)Based on Machiavelli the Prince applies Morality to balance the sociopolitical interests where people are accustomed to. Morality is essential for the structuring of the political system. He further noted that moral corruption assist s in the realization of social benefits like security and stability.(b) Machiavelli asserted that Private Morality and Public Morality must be evaluated differently in order for the Prince to rule effectively. The Prince should not only care about his reputation but also act immorally when the need arises. As a result, Morality should constitute force in order to achieve political stability in legal and structural institutions. 4. Machiavelli displays an autocratic attitude towards the role of Religion and its importance to the government.