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(Solved) Concept of Ethics - Doc

   

Added on  2021-01-02

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ACADEMIC ANDPROFESSIONAL SKILLS
(Solved) Concept of Ethics - Doc_1
EXECUTIVE SUMMARYEthics begins with moral and philosophy ,which help understanding, defending andrecommending what is right and wrong. Ethics with aesthetics are the combination of values andis concerned with philosophy. Volkswagen is taken in our report for understanding the conceptof ethics. In addition to it, company has also helped in finding out the importance of its goodwillin its own performance. A detailed analysis is also conducted for understanding the position,marketing, operations and distribution of the organisation. Company has faced a emission relatedissues which is also discussed and some recommendation has been given on its behalf .
(Solved) Concept of Ethics - Doc_2
Table of ContentsEXECUTIVE SUMMARY.............................................................................................................2INTRODUCTION...........................................................................................................................1ANALYSIS......................................................................................................................................1CONCLUSION................................................................................................................................6RECOMMENDATION- .................................................................................................................7.........................................................................................................................................................7
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INTRODUCTIONEthics are also known as moral philosophy which help understanding, defending andrecommending what is right and wrong(Ethics, 2019). Ethics with aesthetics are the combinationof values and is concerned with philosophy. It is related to the human morality by explaining theconcepts like crime, justice, vice, virtue, wrong, good and evil. Ethics are divided into threesubject areas by the philosophers i.e. Meta ethics, Normative ethics and Applied ethics. In caseof organisation, Ethics is the ways company respond to external environment. There aredifferent principles and guideline made by the organisation to provide a way in which individualshould behave. This concept of ethics will be understand by Volkswagen case study which says that, companymade 6,00,000 cars for US market and 11 million cars for whole world in which an emissioncontrol device was fitted to pass the pollution test but it was emitting a lot while driving(Wallace and Sheldon, 2015). It was an unethical step taken by the organisation for which theyrefused to take the blame. They put the blame on their software engineers and stated some reasonbehind their unethical step i.e. it is very much difficult to make such a diesel engine which keepemission in regulatory standard. Significance of reputation to organisation within sector:Reputation or goodwill of an organisation is intangible in nature, more the goodwill ofthe company, greater the value of their intangible assets. Other than this reputation of thecompany is also important for its equity value & accounting value and to earn the trust of thecustomers.In the introduction part everything about the ethics is covered from meaning to application incompany. Other than this some real life cases of unethical behaviour has been observed andimportance of reputation to any organisation has been discussed. ANALYSISIntroduction to the companyVolkswagen is a German based auto mobile company which was founded in 1937, it isserving their products worldwide. It is the largest producer of auto mobile in the world with itsheadquarter in Wolfburg, Germany. Operation strategy:1
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