ipl-logo

Aptitude Event Management Case Study

1502 Words7 Pages

1. BACKGROUND OF THE ETHICAL PROBLEM Established in 2007, Aptitude Event Management Sdn Bhd (AEM) is one stop event management agency that specialised knowledge and expertise to develop customise activities to promote and market its client’s products or services. AEM is local business located at Petaling Jaya, Selangor and presently the company has 15 employees. Besides, AEM had 7 years proven track records in organising a wide array of events such as product launching, roadshows, exhibitions, dinners, charity and functions. In early 2000, AEM took on its current name to reflect the company’s growth, dynamism and commitment to its clients, partners and staffs. However in recent years, ethical problems are arising and affecting AEM to represent …show more content…

According to Lex Donaldson (2008), business ethics problems are involved in managerial decisions. In other words, ethical problem is persistent because managerial decisions will affect other people negatively in ways beyond their individual control. There are three ethical problems that happen in AEM, such as managers satisfy their own interests and unethical behaviour, the company against small suppliers from which they purchase supplies, and workforce reductions that shows the lack of ethics in human resources management. However, to avoid ethical climate, AEM management should do a complete analysis on all ethical problems and consider a right way in making proper decisions to achieve a balance between economic performance and social …show more content…

In this situation, AEM can use economic analysis to identify this ethical problem in management. In microeconomic point of view, workforce reductions are one of the microeconomic issues. The unpleasant of workers who lose their jobs will affect the balance in labour market and increase unemployment issues. For example, to make a complex judgements on the balance between organisation and employees, AEM can maintain employees who are willing to adjust their salary or offer part time contract to their employees instead of cut down the number of employees. With consider in economic viewpoint, this can help the company to be more responsible to social and these resources can be use it efficiently and

Show More
Related

  • Hsm222 Unit 6 Assignment 1

    409 Words  | 2 Pages

    Per the U.S. Agency of Labor Statistics, the meeting, tradition, and event organizer calling is anticipated to grow to 33 percent from 2012-2022, which is much quicker than the normal development rate of all occupations (11 percent). 7. Large occasions, for example, the Olympics and Super Bowl can animate framework advancement in urban areas, prompting expanded property estimations also, enhancements for nearby streets and highways. 8. The meeting and occasion industry is viewed as an early adopter of natural stewardship.

    Read More

  • Hrm 531 Week 6 Mini Case

    587 Words  | 3 Pages

    Therefore, the company eliminate their employees’ benefits and pay, which acted as the “means” to ensure this “end”. To be more specific, the company needed to survive and therefore decided to reduce their costs through their workers. From an ethical perspective, I believe these actions need to be considered unethical because no excuse can justify the commitment of any

    Read More

  • Business Planning Activities Case Study

    1112 Words  | 5 Pages

    Business Planning Activity – Notes Only Document (Please answer each question thoroughly and retain a copy of this information for your records) 1. Describe your vision for building your practice at Edward Jones. How do you plan to add value to the clients and communities you will serve? My vision for building my practice at Edward Jones is to provide the best financial service and knowledge to those in my community.

    Read More

  • Examples Of Ethical Issues In Lululemon

    1452 Words  | 6 Pages

    When we hear of the apparel retailer, Lululemon, we usually think of really overpriced athletic clothing. Lululemon is a luxurious brand for those who want to invest in high quality athletic clothing. This retail company was originally founded in Vancouver, Canada in 1998. In addition, the founder of the company is Denis “Chip” Wilson, who is no longer affiliated with the incorporation due to his unprofessionalism. Over the past twenty years, Lululemon has faced a couple ethical issues, but their ethical culture has also impacted their relationship with customers and employees.

    Read More

  • Wells Fargo's Ethical Ethics Of Wells Fargo Financial Corporation

    1347 Words  | 6 Pages

    The implementation and education of the ethical decision-making model promote moral awareness and company values that can mitigate ethical dilemmas to an extent. The aftermath was devastating for Wells Fargo not just economically but for its image. The corporation can introduce this model in training courses for new hires and current employees. Also ensuring management comprehends the prominence of ethical decisions and are aware that they are the wheels of the car, therefore, lead by example. If the corporation initially had prioritized ethical values and decision-making evaluations at every level of the business, this scandal could have been prevented at least its magnitude.

    Read More

  • Ethical Issues In The Movie Erin Brockovich

    735 Words  | 3 Pages

    This movie “Erin Brockovich” present few number of business ethical issues. This film is based on true story and demonstrates few business ethical issues for their own profit. The movie describes the story of Erin Brockovich who is a struggling single mother who becomes connected to Ed Masry’s law firm because of an unfortunate car accident, and begins working at the law firm out of desperation for an income. As she spends time filing papers as a clerk, she becomes interested in the human nature of the medical cases and persuades Ed Masry to allow her to investigate further. Erin spends numerous hours examining these cases and finds a link to between the community members of Hinkley, CA and a company by the name of Pacific Gas and Electric (PG&E), who have a plant in Hinkley.

    Read More

  • Howard Gardner's Five Minds For The Future

    1311 Words  | 6 Pages

    Therefore it is beyond the scope of the ethical mind to make the determination of whether the output of the creating mind is in fact ethically valid. But applying principles of the ethical mind in real life and real workplace settings is not always easy. But one thing is certain: if one hides behind a "veil of ignorance" and deliberately shuts off one 's mind to one 's real position in the world, then one is certain to have a faulty ethical mind that makes bad ethical decision (Gardner 9). For instance, the companies globally are now under scrutiny for setting up off-shore shell companies in the tax heaven through a Panamian law firm called Mossack Fonseca (“Giant”). This scandal shows the huge willingness of global corporations and even powerful political leaders

    Read More

  • Stakeholder Analysis Body Shop

    941 Words  | 4 Pages

    Introduction This case study explores the acquisition of the Body Shop, which is one of the largest franchise cosmetics companies in the world, by L’Oreal. The main concentration of the case study aims at investigating the impact on business ethics and corporate social responsibility by the concentricity of the Body Shop and L’Oreal and how the general attitude and buying behaviour is distorted in the course of this acquisition. L‘Oreal being the big conglomerate in the cosmetics industry acquired the Body Shop International which is comparably small but having iconic brand of environmental and socially responsible concerns, on 17 March 2006, through a covenant of $1.2 billion. The combination of two brands in a newly formed conglomerate implies a combination of values, principles and associations that might affect a company’s appeal. The verity that L 'Oreal 's acquisition of the Body Shop provides plenty of potential growth opportunities is undeniable; nevertheless the question of how well the acquisition sits in the group of the world 's largest cosmetics company is another matter.

    Read More

  • Business Ethics Case Study: The Johnson And Johnson Case

    1262 Words  | 6 Pages

    Introduction The key ethical issues that were presented in this case study were quality control, lack of customer care, responsiveness, and harming the customer. The Johnson and Johnson case may have been seen as a turning point due to many things the company did right. However, there were many ethical issues in this case which will be explored more throughout this paper.

    Read More

  • The Importance Of Business Ethics In The Business Environment

    1813 Words  | 8 Pages

    This statement is supported by Bennett (2014) wherein ethics clearly defines what is the right and wrong things and shapes what kind of behavior the business should act on. For the sense of business according to Joseph (2013), ethics are constructed and decided by each business and underpins decision that an employee makes. When it comes to the business’ environment, a well-constructed ethics is a key for a considerate and responsible decision making in a business (Bennett, 2014). Business Ethics is very important inside the company, it will show the moral standards that a company or business have whether it is right or wrong and good or bad.

    Read More

  • Examples Of Business Ethics Of Nestle

    2901 Words  | 12 Pages

    Business ethics also referred to as corporate ethics can be considered as either a form of applied ethics or professional ethics. Its purpose is to analyse ethical principles and also moral as well as the ethical problems that might arise in a business environment. Business ethic is applicable to all parts of business conduct and also takes into consideration the conduct of individuals and the business organizations as a whole. Business ethics can be divided into normative and descriptive discipline. For the purpose of this assignment, the Nestle Company has been chosen.

    Read More

  • Examples Of Persuasive Speech

    700 Words  | 3 Pages

    17. Is business ethics still practiced in real world? 18. Organizations can look to imitate the best practices of their competitors. 19.

    Read More

  • Importance Of Ethics And Integrity In The Workplace

    1324 Words  | 6 Pages

    Ethics and integrity is essential and played an important role in helping the growth of the business. Behave ethically could contribute to good performance and customers’ satisfaction. This lead maintains and expands the relationship between both parties and indirectly would increase company reputation (Bandsuch, M 2009). According to the Trevino & Nelson (2010), behave in ethics and integrity not only could stronger the relationship with the customers, but also the relationship with the stakeholders.

    Read More

  • Literature Review On Unethical Behavior

    2877 Words  | 12 Pages

    Review of Literature Unethical behavior can tarnish a company’s image and reputation. If a company is unethical, they may have to spend additional money to improve their public image, as well as gain back as many customers as possible. The reason I have chosen to use articles that are quite a few years old and that are not so recent is because I feel that they are very good examples of what I am trying to prove in the terms of ethical behaviour within companies and these specific articles relate well to my chosen topic.

    Read More

  • The Importance Of Business Ethics In International Business

    1039 Words  | 5 Pages

    The earlier opinion stated that a business cannot be ethical, but this opinion is not used anymore in the modern business. Today business has belief that they must be responsible for social since they live and operate within a social structure. The key factors that make business ethics is important at the quarter of the 20th century are corporate social responsibility, corporate governance, and globalized economy. The culture of an organization, or else we can call it as the philosophy of an organization which is related with ethics have a great relationship with the performance of a business in long and short term. As a business is manage by human being, the people who manage a business

    Read More

More about Aptitude Event Management Case Study

Open Document