Discussion Responses: Evaluating Codes of Conduct and Market Dynamics

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Added on  2022/09/12

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This assignment contains three discussion responses. The first response addresses Target's code of ethics, highlighting its detailed structure but also questioning its practical implementation and emphasis on profit maximization over societal good. The second response discusses Google's code of conduct, noting its comprehensive nature and the potential for profit-driven decisions to override ethical concerns, as exemplified by a whistleblower case. The third response engages with the interplay of market forces and government regulation, debating the extent to which market mechanisms can ensure ethical behavior, and the need for government intervention to address monopolies and protect consumer interests. The responses provide valuable insights into real-world business practices and ethical considerations.
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Discussion Reposes 1
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Discussion Reposes 2
Discussion 1
Response 1
Target has a strong code of ethics stipulated in a 44-page document. It provides a
guidance to the employees on the best decision to make on particular circumstances. However,
the company fails to enforce these codes and mostly relies on the will of the employees’
goodwill. The company’s value system is based on the ideals of profit maximization. They are
particularly aimed at safeguarding its interest rather than for the common good of the society.
Response 2
The description of the code of conduct by Google presents is very elaborate. The
categorization makes it easy for users to refer whenever need arises. A department is enforcing
these codes of conducts. The case of the whistle blower who had to resign because no action was
done pertaining his concerns, is an indication that even with the codes, the company is
committed to maximizing its profits.
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Discussion Reposes 3
Discussion 2
Response 1
This is an excellent post with real life examples demonstrating how the invisible hand in
competition would influence market but not completely to the public interest. Governments play
a role in streamlining the behavior of some companies. It is true that the natural market forces
cannot fully compel the behavior of certain businesses. The government will need regulate their
conduct.
Response 2
The ideas brought forward are valid though debatable. I would differ from your point of
view. I appreciate that market forces are strong and will encourage the companies to comply.
However, on essential goods and service, there may exist monopolies, which would take
advantage of the absence of competition to disregard the consumers’ wishes. In this case,
government regulation is crucial.
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