Ethics in Business: Analyzing Toyota's Ethical Practices and Policies
VerifiedAdded on 2022/09/10
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Essay
AI Summary
This essay analyzes Toyota's ethical practices, specifically focusing on its inclusion and diversity policies within its internal environment. The paper begins by highlighting the importance of a positive organizational culture and the impact of issues like job discrimination. It then explores Toyota's implementation of inclusion and diversity policies, which encompass employees from diverse backgrounds, including different genders, ethnicities, and age groups. The essay examines the company's commitment to stakeholder appreciation, both internal and external, and how its practices align with ethical principles. It also mentions specific collaborations like AAC and MOSAiC that emphasize multicultural development. The conclusion emphasizes Toyota's success as a market leader, attributed to its focus on both the internal and external environments, particularly through its inclusion and diversity initiatives. The essay adheres to the assignment brief, addressing the issue of job discrimination, its impact on morale and productivity, and Toyota's ethical rating and best practices.
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