The main ethical issue to this story is the following: what сan we say about Google as a company with respect to its decision to move to a country with strict censorship policy. Will doing business there help to protect Chinese people’s rights and freedoms or is it just because of the possibility to enlarge target audience and thus increase profits? Let’s think it over. Many criticisms rose against this step of Google to provide censorship for search results in China – it was exactly opposite to their motto “Do No Evil” and their policy. Meeting the Chinese government requirements the company showed disregard to their own corporate mission in order to get profits.
There are multiple types of cyber-attacks that destroy businesses and hamper the economy. Some of them are spear phishing and malicious intrusion using codes. I will be discussing two examples, one for small-scale businesses and the other for larger firms. The first one is an example of spear phishing. Spear Phishing involves sending of e-mails that appear genuine but are actually spams.
Apple Inc. uses both quantitative and qualitative measures to measure performance spending patterns. Apple Inc. monitors the sales data and the revenue data to reach meaningful conclusions. The company also uses the inputs from its top management and stakeholders to derive at conclusions about the success and failure of its strategic effectiveness. According to "Apple’s Retail Strategy " (2016), " Devices that aren’t upgradeable or modular are not useful, Apple Inc. is taking commerce out of the store experience as much as possible and yet as a reward it’s winning more customer dollars. You can measure innovation strategies in terms of a revolutionary new smartphone, or a dramatically different PC design, or you can measure it in the aggregate effect of a sustained effort to change an age-old practice.
Background on Digital Piracy Digital piracy refers to the general use of digital resources and capabilities (in some cases, hardware and reverse engineering) to illegally copy, hijack digital protection and distribute counterfeited or modified digital commercial products like software, music, films, electronic books, online journals and among others, without the consent to the legal owner. (Higgins, 2008) The evolution of information technology can be attributed for the rise and propagation of digital piracy. (Ramayah, 2009) Software is one of the leading products distributed online. Thus, the software industry is one of the most targeted industry by piracy. (Arli, 2014) This has caused the industry to suffer declines in profitability.
The accounting was skewed because of two issues. The first is that its trading business involved complex long term contracts which was accounted by using mark-to-market accounting. This accounting methodology was challenging because it overstated its operating income by recognising the present value of stream of future contracts as revenue. The second challenge was the unethical practices being followed in SPE’s to hide debts. • Diversification Strategy Enron always motivated new ideas and innovation in its organization.
This negative impact also occurs in manufacturing, as more products need to continuously be manufactured because of the inventory shortages. The extra production increases costs, which as a result decrease profit. As minor as these discrepancies maybe, the costs add up over years. 9. Furthermore, discrepancies affect inventory levels because the continuous inventory inaccuracies result in revere plastics having to overstock on inventory to be able to replace shortages.
Consumers bought the cars which were advertised as environmentally friendly, and higher sales resulted to higher compensation and incentives to company executives. (Hakim, et. al., 2015) Therefore, it is highly doubtful and quite a flimsy excuse to day that the corporate leaders were not even aware that their engineers used a software that manipulated test results for mono-nitrogen oxides or NOx. VW leaders should just simply own up to their “grand ploy” to increase revenue, apologize to the public and all consumers in the world, return the money of all their buyers who were deceived by their false advertisement of having environment-friendly vehicles, and re-build the trust and brand image that got destroyed by the
Another example would be outsourcing a manufacturing job to a vendor, but that vendor needed some new machinery in order to complete the task. In this situation the vendor would most likely charge you for the new equipment. Usually when companies deal with outsourcing they feel as if they have a fixed cost throughout the contract, but in most cases additional costs are usually gained throughout the process of the job. Another disadvantage of outsourcing would be the exposure to confidential data. In most cases vendors that deal with outsourcing are not only working your company, they may be working for other companies as well and can be exposed many companies confidential information.
It is seen that sometime high level of options offered to customer may confuse him instead of increasing his satisfaction; it may also lead to a production of the product which was in actual not desired by the customer . Since large number of quantity may leads to customer confusion, it is thus very much needed that sales process should me made so much easy and understandable that it don’t let customer to design something that is not appropriate or it should not let the customer to get confuse from the variety offered. Though, it is observed that high number of varieties offered for the customization makes the customer dealing process more complex, as the number of offered options for customization increase the “build up” process for customer becomes more complicated as the choice to get the best one becomes more difficult for the customer. This analysis makes the dealership process more prominent, it is thus important that sales process should be modified according to the needs of customization; it should be made as simpler as possible. So, mass customization puts lot of responsibility on dealer to simplify things.
This led to the difficulty in deciding which product process was appropriate, jobbing or mass process. Moreover, vague goal also resulted in unclear kind of customers, so it would make some obstacles determining the product portfolio, leading the surplus due to wrong anticipation. Therefore, inventory would increase, costing more expense of storing.