We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Sustainable Management Futures - Essay Example

Comments (0) Cite this document
Summary
Sustainable Management Futures 1.1 Introduction In light of the recent economic recession considerable attention has been given to the very foundational nature of the capitalist structure. Within the spectrum of British politics this has notably become an area of focus as conflicting political parties work to establish the most appropriate step forward…
Download full paperFile format: .doc, available for editing
Polish This Essay95% of users find it useful
Sustainable Management Futures
Read TextPreview

Extract of sample
"Sustainable Management Futures"

Download file to see previous pages This issue raises a number of specific questions regarding ethics and morality. Discussion There are a number of considerations when evaluating the ethics and morality of the free market. Classic economic theory rooted in Adam Smith largely painted free market economics not only as an ethical and moral system, but as the necessary processes that occurred during transactions (Scott 2004, p. 34). Smith’s ‘invisible hand’ posited that the invisible hand of the market would, eventually rectify supply and demand factors, as well as immoral business practices (Scott 2004, p. 34). While to an extent it’s clear that modern economic systems abide by Smith’s invisible hand of the market, there are further ethical and moral constraints that are not entirely articulated by Smith’s theory. From an overarching perspective one of the prominent criticisms has emerged from 19th century thinker Karl Marx. Marx not only criticized the free market, but the entirety of the capitalist system (Scott 2004, p. 70). This perspective considered that capitalist operations resulted in the increased exploitation of workers. In this sense, the very notion of ‘profit’ is the extraction of value from the employee’s portion of work. ...
In the modern Western world one of the most prominent examples of this occurred with Standard Oil who had consolidated the petroleum industry in the 20th century; this organization was later divided into smaller subsidiaries as a means of allowing for increased competition (Shaw 2009, p. 45). There is the recognition that if the government was to allow unhinged capital expansion and the development of monopolies and oligopolies then there would be a corresponding increase in prices. Without competition businesses have no motivation towards lower prices. Strictly speaking this perspective eschews traditional notions of the free market as operating without government regulation. This recognition then would simply posit free market economics as an unethical system as it limits fair competition. Another prominent consideration within the ethics and morals of the free market system are considerations related to the environment and social welfare. In terms of the environment many industries have a potential considerable impact on environment sustainability. Most prominently one recognizes these industries with petroleum companies that have been involved in costly oil spills or other processes of environmental degradation. Another prominent consideration involves companies that produce high amounts of pollutants. Notably, in regions such as China such pollution has resulted in considerable degradation to the skyline and available oxygen (Mathews 1997; Gray 2006; Gray 2002). Finally, there is the consideration of wage rates. Most prominent in emerging economies such as China, but also in the developed world, are concerns related to factory labor. Replete with poor wages and long hours these ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Sustainable Management Futures Essay Example | Topics and Well Written Essays - 3000 words - 1”, n.d.)
Retrieved from https://studentshare.org/management/1400109-sustainable-management-futures
(Sustainable Management Futures Essay Example | Topics and Well Written Essays - 3000 Words - 1)
https://studentshare.org/management/1400109-sustainable-management-futures.
“Sustainable Management Futures Essay Example | Topics and Well Written Essays - 3000 Words - 1”, n.d. https://studentshare.org/management/1400109-sustainable-management-futures.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Sustainable Management Futures
Having hypothetical framework and claiming its ethical values to be honesty, integrity and objectivity while making absent decisions will not result in what would be in the best of society’s interest. The underlying reason behind such problems is the self-interest rather than that of the society.
12 Pages(3000 words)Essay
Sustainable Management Futures
He put forward the example of Eurozone which is suffering from deep trouble at the moment. The level of unemployment took the rising curve again. The present government in Britain is doing its best to keep the economy moving. Some of the initiatives from the part of the government include massive drive on infrastructure and measures to drive growth and enterprise.
12 Pages(3000 words)Essay
Sustainable Management Futures
In 1994, McDonald’s was able to serve 22 million people worldwide (Lyon et al., 1994). This is one of the most important reasons why franchising a McDonald’s restaurant is a good business idea. The market has created a strong acceptance about its product and service offerings.
10 Pages(2500 words)Essay
Sustainable Management Futures
Headquarter of The Body Shop is situated at Littlehampton, West Sussex in England. The Body Shop is at present under the parent company of L’Oreal Group. It has over 2500 stores which are situated in more than 60 markets globally (The Body Shop, 2011). The Body Shop is also involved in running different campaigns such as protecting animals, human rights abuses and fight against HIV among others.
8 Pages(2000 words)Essay
Sustainable management futures
ii) An employee upon identifying severe threat to product users or the general public ought to inform the immediate supervisor and make known his/her moral concerns. iii) Failure by the immediate supervisor to act on the complaint or concern, the employee should exhaust all the possibilities and internal hierarchical procedures even to the board of directors.
9 Pages(2250 words)Essay
Sustainable Management Futures
The women are an enormous factor in the revenue acquisition of many companies, yet their recognition at the higher management jobs has declined. The 2010 research on the Institute of Leadership and Management shows that the women contribute 130 billion sterling pounds to the UK economy.
3 Pages(750 words)Essay
Sustainable Management Futures
The other condition is when the activities of the organization have a great threat of causing harm to individuals. The third condition is when the direct supervisor fails to act to the employee concern forcing them to seek help from the people in the higher ranks.
3 Pages(750 words)Essay
Sustainable Management Futures
Available at http://ecoverusblog.com/ecover-news/ecover-ceo-mick-bremans-opposes-san-franciscos-plan-to-bleach-away-sewage-odors/. USDA Advisory Committee. Global traceability and labeling requirements for agriculture biotechnology-derived
12 Pages(3000 words)Essay
Sustainable Management Futures
It is imperative to note that, in most cases the whistle blower remains untouched or unaffected by the risks attributed to the practice. In
9 Pages(2250 words)Essay
Sustainable Management Futures
In addition to that, Beaufort County is home to an internationally acclaimed resort area called Hilton Head and owing to scenic beauty, it attracted several
12 Pages(3000 words)Essay
Let us find you another Essay on topic Sustainable Management Futures for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us