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

Ethics in Organizations - Term Paper Example

Cite this document
Summary
Ethics in Organizations Contents Executive summary 3 Introduction to the company 3 Corporate Vision/Mission 4 Corporate Objective/ strategy 4 Company Present situation from the perspective of: 5 Business Ethics 5 Social Responsibility of Business 5 Corporate Governance 6 HR Ethics 6 Organizational Culture 7 Research Methodology 7 Type of Data Collected 8 Findings 8 Limitation in Research 12 Recommendation 12 Conclusions 13 Appendices 13 Bibliography 15 Executive summary General Electric is one of the topmost companies in the world which acts fully on the process of innovation to render significant productivity…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER96.6% of users find it useful
Ethics in Organizations
Read Text Preview

Extract of sample "Ethics in Organizations"

Download file to see previous pages

Further the high dependence on ethical business behaviour also helps in enhancing the social image of the concern in the external environment. Introduction to the company General Electric (GE) is an established company in the field of services, technology and manufacturing. The company operates in more than 100 countries and has 313,000 employees worldwide. The company owes its origin to the inventions of Thomas A. Edison. Edison established Edison Electric Light Company in the year 1878. It was in the year 1892 that a merger between Edison General Electric Company and Thomson – Houston Electric Company lead way to the birth of General Electric Company.

GE has the record of being the only company that is listed in Dow Jones Industrial Index today that was also listed in the original index. GE holds the rank of the 5th largest U.S based company in the fortune 500. The main head quarters of the company is in Connecticut, U.S. the main division of work in GE are, GE Aircraft Engines, GE Appliances, GE Industrial Products and Systems, National Broadcasting Company, Inc., General Electric Capital, GE plastics, GE medical Systems, GE power systems, GE technical products and services.

GE since its inception has undertaken the strategy of diversification and expansion in a global scale. The company has been successful in establishing itself in various industrial market and countries (General Electric, 2000, p.1). Corporate Vision/Mission The mission statement of GE represents the goals set for all their business units. The mission statement of GE represents the values that are centered on their key believes, Imagine, Build, Solve and lead. These four expressive verbs are chosen by the company to symbolize the stand of GE as a singular entity.

For almost more than 125 years GE has been regarded as a company that believes in imagining and brings the imagination into life. GE believes in the power of imagination. The imagination of human brain if focused on the right issues can build up solutions for several problems. The stress given by the management on building solutions for various problems, gives GE the edge and the strength to lead. Corporate Objective/ strategy The main strategy applied by GE in establishing itself as a global player is the two basic strategies: the strategy of diversification and the strategy of global scale operations.

GE from the era of its inception has been open to all kind of business markets. The company which owes its origin mostly to electric engineering today has several operations that vary in nature from services to manufacturing. The company has been very adaptive during their growth and has added many operations including Medical equipments and home appliances to enter new market. The company has also applied aggressive strategies to enter the global market. GE has several dealers and showrooms in most countries.

The trained sales force of GE give the company an easy entrance in many countries. GE has also applied the strategy of resourcing their raw materials or parts from suppliers in countries from low wage countries. This Step taken by GE though

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Ethics in Organizations Term Paper Example | Topics and Well Written Essays - 2500 words”, n.d.)
Retrieved from https://studentshare.org/visual-arts-film-studies/1423139-ethics-in-organizations
(Ethics in Organizations Term Paper Example | Topics and Well Written Essays - 2500 Words)
https://studentshare.org/visual-arts-film-studies/1423139-ethics-in-organizations.
“Ethics in Organizations Term Paper Example | Topics and Well Written Essays - 2500 Words”, n.d. https://studentshare.org/visual-arts-film-studies/1423139-ethics-in-organizations.
  • Cited: 0 times

CHECK THESE SAMPLES OF Ethics in Organizations

Ethics in Organizations: The Responsibility Project

Ethics in Organizations [University] [Instructor Name] Ethics in Organizations Ethics is about making right and wrong decisions through one's moral values and rules.... At times organizations are faced with tough decisions of rightness or wrongness of an act, and persons involve could have multiple and quite different views on the issue because ethics are embedded in the personal philosophy of a person's life.... Today organizations look out for the individuals with strong ethical values to promote the ethical culture within the work environment....
3 Pages (750 words) Movie Review

Managing Ethics in Organizations

In the paper “Managing Ethics in Organizations,” the author discusses the case of Donna and Michael.... DarcieDarcie is acting admirably in a goal-based ethics system.... Part of operating with goal-based ethics is the concept that the goal is what is important.... erry and SamanthaJerry and Samantha are correct in believing that everyone should have a right to make their own decisions in a rights-based ethics system....
2 Pages (500 words) Case Study

Business Ethics in Organizations Management Team - Saving the Turtles

The paper "Business ethics in Organization's Management Team - Saving the Turtles" highlights that the government is a powerful body and it can play a very effective role in making sure that the obligations and ethics are met in any organization or workplace.... hellip; Business ethics is quite vital in the success of any organization....
8 Pages (2000 words) Case Study

Ethics in Organizations: On Witnessing a Fraud

In the paper “Ethics in Organizations: On Witnessing a Fraud” the author discusses two ethical problems in this case.... Ethics in Organizations: On Witnessing a Fraud1.... Joe's Supervisor is asking him to commit fraud and the other issue is subtle bribery as a reward for cooperation....
2 Pages (500 words) Essay

Ethics in the World of Business

Ethics in Organizations, London: Kogan Page Publishers.... ethics in the World of Business, Totowa, NJ: Rowman & Allanhead.... ethics in Business & Corporate Governance, New Delhi: Tata McGraw-Hill Education.... Business ethics: Ethical Decision Making and Cases, Belmont: Cengage Learning....
2 Pages (500 words) Essay

Ethical Dilemma in Accounting and Finance

Since I am a supporter of Ethics in Organizations, I decided to take considerable time, and ensure that I came up with the right decision that would not exhibit any selfishness in me, anger the senior manager, or which would not result in a tainted image for me as an individual employee, and for the organization.... Although this is vital, many organizations and employees today still experience challenges that are related to ethics.... Although this is vital, many organizations and employees today still experience challenges that are related to ethics (Blake and Gowthtorpe 7)....
2 Pages (500 words) Essay

8.6 case study

There are two meanings of ‘corporate ethics' in organizations today.... There are two meanings of ‘corporate ethics' in organizations today.... According to the case study, the first meaning of corporate ethics is that some organizations believe that it is inevitable to comply with federal laws and regulations.... According to the case study, the first meaning of corporate ethics is that some organizations believe that it is inevitable to comply with federal laws and regulations....
2 Pages (500 words) Coursework

Can Ethical Behavior Really Exist in Business

hellip; According to the paper, today companies have realized that to stay competitive, productive and relevant in the changing world of business, organizations need to become socially responsible....  The aim, Can Ethical Behavior Really Exist in Business?... of the thesis is to study the factors which affect the Corporate Social responsibility towards employees as well as their communities....
8 Pages (2000 words) Research 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