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Related to Bussiness Ethics (see the assignment creteria) - Essay Example

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He is currently Chairman of the Microsoft Corporation. Bill Gates is a well known philanthropist and whilst CEO of Microsoft his pledges of…
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Related to Bussiness Ethics (see the assignment creteria)
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Download file to see previous pages Since 1999 Microsoft has been at the centre of a number of legal disputes with both the US Government and the European Commission. At the heart of the disagreements have been accusations that Microsoft had been exploiting its monopoly power in order to reduce competition, and consequently choice, in the marketplace. Microsoft was accused of anti competitive behavior in the United States and had severe financial penalties inflicted on them in an anti trust law court action in Europe. Whilst the financial penalties were relatively easy for Microsoft to bear, the company continued to face accusations of poor ethics and unfair tactics)
In your opinion, how important is it to stakeholders in a company that the ethics of the CEO match those of the organization? Explain your answer with reference to Bill Gates during his tenure as CEO at Microsoft.
How well a business corporation performs in financial terms is significant for a broad group of people that includes potential/existing investors, creditors, employees or managers. With differing information needs and purposes, each category of stakeholders should be provided with data that is comprehensive, relevant and reliable, so as to allow an informed opinion to be reached on the corporations financial performance. However, all too often, the customer is left out of this equation. The situation is no different in the case of Microsoft Corporation, which has tremendous reach and market share, but whose customers have very little say in the affairs of the company. Bill Gates’ personal efforts as a philanthropist is widely appreciated,– both in terms of money and energy. Yet, the history of Microsoft since its inception shows that the organization is a purely economic enterprise, whose sole purpose is profits and whose foresight stops with the next quarter. This deviation in behavior between the Chief Executive Officer and his organization is the ...Download file to see next pagesRead More
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