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Business Ethics

   

Added on  2023-01-23

6 Pages816 Words70 Views
Mechanical Engineering
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Running head: BUSINESS ETHICS
BUSINESS ETHICS
Name of the student
Name of the university
Author note
Business Ethics_1

1BUSINESS ETHICS
Part 1
Answer to question 1
The employees play a major role in maintaining the efficiency of the organizational
performance through continuously supporting the productivity of the same. According to the
case of General Motors, the employees play a major role in maintaining the efficiency of the
automotive manufacturing units. It assisted the business in enhancing the rate of profitability and
corporate sustenance.
Answer to question 2
The owner of the business plays a major role in managing the different operations
through the delineation of the current market position and environmental trends. In the case
scenario, the owner of GM played a major role in devising the different processes that might be
utilized by the organization for maintaining consistent sustainable processes.
Answer to question 3
The owner of the organization being one of the major stakeholders acted unethically by
closing down the General Motors Oshawa facility as it provided employment to above 2500
employees1. On the other hand, the step that was undertaken by the owner compromised 15000
jobs on which the Canadians were employed in the different auto-parts suppliers. The total loss
of 17500 employment in the automotive sector, accounting to 14% of the overall job in the
1 Alini, Erica. 2018. "GM Oshawa Plant Closing Could Affect Nearly 15 Per Cent Of Auto Industry Jobs". Global
News. https://globalnews.ca/news/4698395/gm-oshawa-plant-closing-job-losses/.
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2BUSINESS ETHICS
nation, would be affected through the decision2. Therefore, the decision that was undertaken by
the management was unethical.
Answer to question 4
The stakeholder was assured with the responsibility of maintaining the standards of the
operations in accordance to the needs of maintaining the equilibrium in the automotive sector.
However, the decision that was undertaken by the management of the organization resulted to
the market meltdown.
Answer to question 5
The self interest of the stakeholder was justifiable for adhering to the short term
profitability of the organization. However, the decision was unjustified while considering the
long term sustenance of the automotive sector.
Answer to question 6
The stakeholder could have communicated with the different unit and suppliers in order
to form a powerful coalition, which would have supported the concerned organization in
maintaining the efficiency of the operations in the context of USMCA agreement3. The coalition
would have helped the organization in maintaining the collaborative functioning of the systems
in order to maintain the long term sustenance of the automotive sector.
2 CBC. 2018. "GM's Oshawa Plant Is Closing: Here's What You Need To Know | CBC News". CBC.
https://www.cbc.ca/news/canada/gm-oshawa-closure-1.4921660.
3 May, E. 2018. "Elizabeth May: Would Canadian Politicians Have Fallen Over Themselves To Save The Horse
And Buggy?". National Observer. https://www.nationalobserver.com/2018/11/27/opinion/elizabeth-may-would-
canadian-politicians-have-fallen-over-themselves-save-horse.
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