Business & Society ( Ethics & Stakeholder management) Essay

Business & Society ( Ethics & Stakeholder management) - Essay ExampleA.2 A CEO has to lead by showcase and John Mackey must be aware of this basic ethical tenet. Else, he would neither have taken the trouble to hide his identity nor chosen the Yahoo Finance Stock Forum, to nimbus his messages. Yet he persisted with this deception in spite of knowing the implications of his activity. The loss of prestige in the event of his beingness found out probably did non bother him too much. I would qualify his attitude as being indifferent in setting high ethical standards for his company.A.3 A firms image is the sum total of its products and social responsibilities. Firms go to great lengths to reinforce their positive images in fields such as corporate governance, social responsibility, environmental compliance etc., in order to attract various stakeholders employees, suppliers, consumers, investors and regulatory authorities. John Mackeys activities are definitely harmful for the future of Whole Foods. The specific example of the difficulties faced in its attempts to acquire Wild Oats can be seenA.1 The reality of the situation (or, what is) is that my boss used official resources for his personal purpose, however insignificant it whitethorn be. This was not a one time, inadvertent practice, but indulged periodically with the full knowledge of himself and his subordinates. The normative (or, what ought to be) behavior demands that personal works are not carried out at the expense of the business.A.2 The bosss practice is not ethical. He is trying to justify his action by rationalizing. Neither his length of go with the company nor the limit put by himself on the maximum postage at 60 cents, offer any justification for his conduct. If this issue is ignored, one has to make out the logical ends up to which such behavior can be accepted as ethical, in an infinite number of situations.A.3 If his argument of low pay being compensated by his unauthorized use of compan y resources