StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

ETH501, Business Ethics, Mod 2 Session Long Project - Essay Example

Cite this document
Summary
The Coca-Cola Company may be the biggest brand in the world, but its employees also experiences same problems as experienced by the employees of any other company. Coca-Cola employment contracts may look very tempting at the first look but they can be as bad and as unethical as…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER95.3% of users find it useful
ETH501, Business Ethics, Mod 2 Session Long Project
Read Text Preview

Extract of sample "ETH501, Business Ethics, Mod 2 Session Long Project"

The Coca-Cola Company may be the biggest brand in the world, but its employees also experiences same problems as experienced by the employees of any other company. Coca-Cola employment contracts may look very tempting at the first look but they can be as bad and as unethical as any small or not well reputed company may offer. The Coca-Cola Company stops its employees to say anything bad about the company in front of media. Although, employees are ambassadors of the company and should praise the company, but stripping them of their basic fundamental right to speak they want cannot be justified under any circumstances.

It is the company’s duty to inculcate such an environment in the company and practice such ethical behavior that employees have nothing bad to say about the company. Many companies, however, take the easier route, that is they coerce their employees to restrain from whistle blowing about the company. One such contract, where an employee was restrained from speaking anything bad about the company was offered Charles F. Frenette. The contract stated that the initial offer to him about a stock option will e forfeited if he is found disparaging or using bad words about the company.

This was like stopping him from speaking what he wants or what he may want to speak in the future. And punishment levied on him for his freedom of expression would be forfeiting his monetary reward. As discussed before, you cannot force an employee to restrain from speaking and instead you should inculcate such policies with the company that it may never indulge in any wrongdoings and hence does not come under bad wording by its employees.Let’s now look at the issue under the two most important ethical frameworks of deontology and utilitarianism.

Unitarianism is all about the good for the society. This principle states that every action should increase the goodness for the society in all cases. An action should only be taken if costs associated are less than the benefits attained from it. For example, if Coke’s decision to stop its employees from whistle blowing or from telling people about any wrong doing of the company, this action would bring upon people very negative effects and will save only the reputation of the company. In other words, the costs inflicted in the society might be very high as compared to the reputation of the Coca-Cola that will be protected from any controversy.

Under this ethical framework, the clause added by the Coca-Cola Company is never justified. They are inflicting costs on the society in order to prevent their own reputation. So, we can safely say that this contract clause cannot be permissible under this ethical framework. Similarly, deontology framework is all about the motives behind an action. If motives are good than action is permissible, otherwise it is not. If motives are bad and outcome from the action is good, even then that action is not permissible.

Since, Coke’s motives are to save their own reputation at the cost of society, their contract is not ethically justified under this framework either. Reference:Manuel Velasquez. (2003). Business Ethics: Concepts and Cases. Pearson Education.FindLaw For Legal Professionals. (2010). Retrieved on March 2010. http://contracts.corporate.findlaw.com/compensation/severance/881.html

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“ETH501, Business Ethics, Mod 2 Session Long Project Essay”, n.d.)
ETH501, Business Ethics, Mod 2 Session Long Project Essay. Retrieved from https://studentshare.org/miscellaneous/1564427-eth501-business-ethics-mod-2-session-long-project
(ETH501, Business Ethics, Mod 2 Session Long Project Essay)
ETH501, Business Ethics, Mod 2 Session Long Project Essay. https://studentshare.org/miscellaneous/1564427-eth501-business-ethics-mod-2-session-long-project.
“ETH501, Business Ethics, Mod 2 Session Long Project Essay”, n.d. https://studentshare.org/miscellaneous/1564427-eth501-business-ethics-mod-2-session-long-project.
  • Cited: 0 times

CHECK THESE SAMPLES OF ETH501, Business Ethics, Mod 2 Session Long Project

AICPA Ethics & COSO Framework for Internal Controls

5 forbids people to use the title CPA when they are not qualified members in Public Practice to use the designation of 'Accountant' without making disclosure of his capacity (ethics Ruling, 2011 para 65).... Further instruments in the Code of ethics go against Harold in this direction.... Upon graduation, Harold decides to describe himself as 'Accountant' on his business card....
9 Pages (2250 words) Essay

MOD 1 SLP ETH501 - Business Ethics

MOD 1 SLP ETH501 - business ethics Name Surname Educational Institution MOD 1 SLP ETH501 - business ethics Large and small corporations face ethical issues that stem from improper behavior of certain people within the organization.... Deontological Implications Deontological ethics posits that people's duty to act or not to act centers on the uprightness or evil of the act rather than the consequence of the act.... Deontological ethics puts emphasis on the concept of whether or not an act is proper or evil, an obligation or duty (Kant, 1993)....
3 Pages (750 words) Essay

ETH501, Business Ethics, Mod 3 Case Assignment

Now, we can link it with the ethics of efficient resource usage and can easily conclude that due to incompetent people being hired due to discrimination on the basis of genes, the output of the firm using the specified amount of resources will be less than if people would have been hired on the basis of their competencies and merit....
5 Pages (1250 words) Essay

ETH501, Business Ethics, Mod 4 Case Assignment

Morality and ethics dictate that all members of society should have the opportunity to contribute to the development process.... This is especially true in business settings where the desire for production, operational efficiency and sales volume often take priority rather than moral and ethical obligations....
5 Pages (1250 words) Essay

ETH501, Business Ethics, Mod 1 Session Long Project

business ethics: Concepts and Cases.... It is said that this brand has the largest brand equity and currently running 400 different brands in 200 countries.... The Coca-Cola Company also happens to be the market leader in the… However, The Coca-Cola Company is a brand of great reputation, but it has also experienced some controversies regarding the moral issues in the last few years....
2 Pages (500 words) Essay

ETH501, Business Ethics, Mod 3 Session Long Project

business ethics: Concepts and Cases.... Since, we only know that Coca-Cola installed the system to get rid of bottles theft, we may assume that they have ignored societal costs and hence this system is against ethics in the light of utilitarianism.... Using GPS tracking devices without violating employee business Management Daily http://www....
2 Pages (500 words) Essay

Business and Accounting Ethics of Enron Company

The accountants need to prepare the financial statements like the balance sheet, profit and loss account based on the data they have collected....
6 Pages (1500 words) Essay

The Critical Success Factors to Send an Appropriate Marketing Message

The following paper under the title 'The Critical Success Factors to Send an Appropriate Marketing Message' presents targeting the over-50 consumer group, specifically to highlight lifestyles, attitudes, and product-related opinions of this growing market.... hellip; The over-50 consumer group is constantly growing as the projected lifespan of individuals is projected to steadily increase, making them a very viable market opportunity for today's companies searching for new target audiences....
7 Pages (1750 words) Term Paper
sponsored ads
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.
Contact Us