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MMH733: Ethics for Managers Assignment

17 Pages4675 Words107 Views
   

Holmes Institute Sydney

   

Ethics for Managers (MMH733)

   

Added on  2020-02-18

MMH733: Ethics for Managers Assignment

   

Holmes Institute Sydney

   

Ethics for Managers (MMH733)

   Added on 2020-02-18

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MMH733: Ethics for Managers Assignment_1
ASSIGNMENT 22ContentsAbstract............................................................................................................................................3Introduction......................................................................................................................................4Case Study.......................................................................................................................................4Ethical Issues...............................................................................................................................4IKEA’s vision, mission and code of practice..............................................................................6Carroll’s Four Part Model of Corporate Social Responsibility...................................................7Three Key Relationship Attributes..............................................................................................8Recommendations......................................................................................................................11General...................................................................................................................................11Specific..................................................................................................................................12Conclusion.....................................................................................................................................13References......................................................................................................................................14
MMH733: Ethics for Managers Assignment_2
ASSIGNMENT 23AbstractIKEA is amongst the leading global brands and its operations are spread across nations. Havingsuch a wide ambit of operations, the company aims to work in an ethical manner, and in thisregard, the vision, mission, code of conduct and the core values of the company are focused uponethical behaviour. In the discussion carried on in this document, the ethical issues which thecompany has faced in the past and the manner in which it addresses them have been highlighted.Apart from this, the conduct of the company on the basis of the Pyramid model of Carroll hasbeen discussed, in addition to a discussion on the key stakeholders of the company on the basisof three key relationship attributes. This has been done so as to evaluate the practices of thecompany so that some recommendations can be drawn for the company, to improve on the areasin which it lacks.
MMH733: Ethics for Managers Assignment_3
ASSIGNMENT 24Introduction Ethics are such codes through which the decisions and the behaviour of the individual aregoverned and are based on the morals and values followed by them. In the daily life of anyindividual, they come across different sort of ethical issues and the same is true for thebusinesses, where the ethical decisions are faced more often (DesJardins and McCall, 2014).Ethical decisions are made on the basis of integrity and trust and cover complex issues likegovernance, compliance and diversity (Nill, 2015). IKEA is a leading brand and due to themagnitude of its operations, it constantly has to face ethical issues (Forbes, 2017). The purposeof undertaking this study is to analyse the ethical issues faced by the company; analysing theactions of the company on the basis of its code of practice, vision and mission; and applyingcertain theories to analyse if the company behaves in an ethical manner. Case StudyEthical IssuesIn international business, ethical issues are raised quite often as different business practices haveto be adopted for conforming to the regulations of different nations. IKEA is a leadingmultinational company and it faces a number of ethical issues across the global market. IKEA France was accused of spying on its employees. In order to prove this claim, a privatedetective agency had been hired for spying on the existing and the prospective employees(Morrison, 2013). The former deputy director of communications and merchandising, VirginiePaulin, raised this issue and this issue caused a public uproar in the nation due to the breach ofthe right of privacy of an individual. As Paulin was terminated, she challenged the same in thecourt and had to be awarded €60,000 as the amount of compensation (Clark, 2013). This was dueto France considering the right to liberty as the pillar of the values of French Republic. Eventhough the company did not comment on the scandal in public, an internal investigation wasinitiated and a number of executives were terminated for employee misconduct (Daniels FundEthics Initiative, 2014).
MMH733: Ethics for Managers Assignment_4

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