Sunday, May 17, 2020
Business Ethics Of Anglo American Company - 1149 Words
Anglo-American Company represents one of the companies that respect business ethics by treating employees fairly. This practice has not been previously employed in the enterprise. I have previously worked with this company as an attachà ©, and I did not like the experience of being coordinated by the previous manager. This manager mainly used to overwork and mistreat us. However, the company realized a new trend towards employeesââ¬â¢ treatment after recruiting Mr. Long as the new company manager. During the first meeting as the manager, Mr. Long issued a long statement that seemed to touch on the importance of recognizing employeesââ¬â¢ effort. Towards the end of his speech, Mr. Long announced his decision to reinstate three employees that had previously been sacked after getting involved in a road accident while going to work. ââ¬Å"They are our brothers,â⬠recounted the new manager after calling the names of three managers. Apparently, the accident did not occur when the employees were within the business premises. Therefore, a legal process that ensued concluded that the company was not liable for their accident insurance cover. Although the company catered for their medical expenses, no compensations were awarded because of involvement in an accident. To our surprise, what awaited them was another discouraging update. The previous manager had already signed their termination letters. According to the previous manager, retaining incompetent employees in the business was an easy way ofShow MoreRelatedEthical Business Behavior: Primark and Anglo-American Case Study1740 Words à |à 7 PagesBehavior: Primark and Anglo-American Ethical business behavior and the costs and benefits for a company behaving ethically In recent times there has been an emphasis on following business ethics, as it is believed to have an impact on the way business is run and how its prospects turn out. In the past, business ethics were often ignored, as entrepreneurs had other priorities that took the front seat to ethics, such as, profit-making and stakeholder interests. However, business ethics are a tool to improveRead MoreEthical Theories920 Words à |à 4 Pages2. Ethical Theories used to justify Anglo-Americanââ¬â¢s Obligation to the ethical issue in Chilean Mines 2.1 Virtue Ethics: In virtue ethical theory, an individual is judged by his character rather than by his actions that may deviate from his normal behavior (Fraedrich, Ferrel and Ferrel, 2009). In Chileââ¬â¢s case, application of virtue ethics justifies the following mishaps: Fairness: With Research gathered from the case study, contract workers are assigned much more dangerous tasks with greatRead MoreBusiness Ethics : More Important Than You Think1577 Words à |à 7 PagesEnglish 3, Period 8 30 January 2015 Business Ethics: More Important Than You Think There is no debate that building a business from the ground up is a difficult thing to do. Then, take into account all of the nuts and bolts, the little things that go into running a business. You have employees, inventory, stock, finances and everything that might slip through the cracks to worry about. Most importantly businesses have public perceptions. This very thing defines a business and how successful it may or mayRead MoreWhat Are The Pros And Cons Of Anglo American Plc In South Africa1144 Words à |à 5 PagesSubmission Case: Anglo American PLC in South Africa (from Lesson 5) 1. Who are the various stakeholders that Anglo American needs to consider as it adopts an effective HIV/AIDs strategy? o Anglo Americanââ¬â¢s stakeholders are its employees, the employeeââ¬â¢s families, their communities that they reside in. Political officials, health organization, its shareholders, hospitals, drug companies and anyone else that may be affected or can help this health epidemic. This is not a problem just for Anglo, itââ¬â¢s alsoRead MoreAnglo American Corporate Social Responsibility1514 Words à |à 7 PagesFriedman (1970) considered that: ââ¬Å"â⬠¦business as a whole cannot be said to have responsibilityâ⬠¦Ã¢â¬ , the improvement of the notion of Anglo-American corporate social responsibility (CSR) has rapidly expanded. This essay will review the important concept around Anglo-American CSR, its development and provide a verdict on the extent whether liberalisation, globalisation, and developments in the markets for debts and equity are impacting the tradition view of an Anglo-American public corporation and the natureRead MoreBusiness Ethics And Corporate Social Responsibility Essay1382 Words à |à 6 PagesSOLUTION Business Ethics Business ethics are moral principles that guide the way a business behaves. The same principles that determine an individualââ¬â¢s actions also apply to business. Acting in an ethical way involves distinguishing between ââ¬Å"rightâ⬠and ââ¬Å"wrongâ⬠and then making the ââ¬Å"rightâ⬠choice. It is relatively easy to identify unethical business practices. For example, companies should not use child labor. They should not unlawfully use copyrighted materials and processes. They should not engageRead MoreAnglo American Corporate Social Responsibility1501 Words à |à 7 PagesFriedman (1970) considered that: ââ¬Å"â⬠¦business as a whole cannot be said to have responsibilityâ⬠¦Ã¢â¬ , the improvement of the notion of Anglo-American corporate social responsibility (CSR) has rapidly expanded. This essay will review the important concept around Anglo-American CSR, its development and provide a verdict on the extent whether liberalisation, globalisation, and developments in the markets for debts and equity are impacting the tradition view of an Anglo-American public corporation and the natureRead MoreThe Role Of Anglo Amer ican Acting As A Moral Agent Essay1876 Words à |à 8 Pagesrole of Anglo American acting as a moral agent in its mining projects Ethical behaviour Anglo American workers were fired or resigned because of the default in the principles in 2009. The defaults were covered by conflicts of interest, dishonesty, harassment, violence and acts that were likely to result in the disrepute of the company. The company follows an uncompromised rule in maintaining the ethical conduct. Whistle-blowing Whistle-blowing is an independent way of letting the Anglo American stakeholdersRead MoreCase: Anglo American Plc in South Africa (from Lesson 5) Essay1822 Words à |à 8 PagesCase: Anglo American PLC in South Africa (from Lesson 5) 1 Who are the various stakeholders that Anglo American needs to consider as it adopts an effective HIV/AIDs strategy? - Anglo American employees and their families - Government bodies - Non- Profit organizations (NGOs)/ World Health Organization (WHO) - Competitors/ Other large mining concerns or companies operating in South Africa - Pharmaceutical companies - National Union of Mine Workers - Financial Institutions - ShareholdersRead MoreBecoming Mexican American Essay1313 Words à |à 6 PagesBecoming Mexican American George J. Sanchez Becoming Mexican American is George J. Sanchezââ¬â¢s document how Chicanos survived as a community in Los Angeles during the first part of the twentieth century. He goes into detail of how many thousands of Mexicans were pushed back in to Mexico during a formal repatriation. Those that survived in Los Angeles joined labor unions and became involved in New Deal politics. The experience of Mexican-Americans in the United States is both similar, yet different
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