Ethical problems of organizations.

Most of this chapter focuses more on check companys disasters than typical ethical issues within companies. gibe to this chapter pedigree wasnt everlastingly as complex as it is now. (pg.195)Today, big companies move over numerous stakeholders. Stakeholders are consumers, customers, employees, shareholders and the community.(pg 197)In fact, few of these stakeholders butt end play or be touched by business decisions. So any bad decisions a company makes affect its stakeholders as we are going to fulfil in the pursual cases. With the collapse of Enron many of the stakeholders suffered the consequences of bad decisions made by the company. For instance, employees hideaway savings were wiped egress and thousands of jobs were lost. In the case of Enron not good the employees suffered but in any case the U.S preservation. The Enron debacle cost the U.S. economy $35 billion.(pg.194)So what really happened at Enron? Enron, through a revolution of account tricks relating to partnerships, inflated their scratch and lowered their debt. They misled their employees, investors and the general general roughly the companys financial mark. In fact, According to this chapter employees or stakeholders postulate the office to be certain or so the square(a) financial condition of their company. save in this case Enron failed to split up the truth about its financial performance.

Another case that is mention in this chapter is about the Johnson and Johnson Company. In the division 2000 J& angstrom;J pleaded guilty to iniquitous charges and had to have millions of dollars in fines for selling sorry glucose-monitoring devices to diabetics.(pg.203)In this case J& J failed to provide dependable products to the consumers. According to this chapter companies are cause to produce products that are refuge for consumers. If a company fails to provide safe products, it can countersink the company out of business. So, J&J didnt choose the long border consequences when... If you emergency to get a across-the-board essay, order it on our website: Orderessay

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