Comparative Business Ethics & Responsibility- MyAssignmenthelp.com

Questions: 1. How does managing ethical risks in the oil and gas industry relate to reducing accidents?2. Compare the risks that BP, Exxon and the fracking industry continue to face in providing an adequate supply of energy.3. How can ethical leadership help the oil and gas industry to manage risk? Answers: 1. The accidents in the workplace of the organizations operating in the oil and gas industry can be fatal to the live of the business along with the lives of the employees. So, the organizations like BP, Chevron and Exxon are putting a lot of effort in making their workplaces safe from various accidents in order to establish a robust business model along with healthy and safe workplace for the employees. There are a number of common factors in the major accidents that have happened in the past, in the workplaces of organizations operating in the oil and gas industry. These factors include flaws in the safety culture implemented in the workplace, lack of focus on the safety of the workplace, non-compliance to the organizational guidelines, flawed communication and inadequate learning from past events. All of these reasons are responsible for causing an accident in the oil and gas industry along with causing some significantly adverse effects on the brand image of the organization. So, the management of these organizations are putting a lot of effort in maintaining the integrity and compliance to the organizational procedures and guidelines in the workplace (Raufflet, 2014). The non-compliance to the organizational guidelines and policies is one of the major causes of the ethical risks of the organizations. The ethical risks in the workplace of the organizations operating in the oil and gas industry include various types of corporate and personal risks, which also include fraudulent transactions. These ethical risks create the probability of allowing unethical activities, which in turn affect the overall safety of the organization, which might lead to accidents in the workplace. So, the major reason for the management of ethical risks in the organizations operating in the oil and gas industry is to stop and avoid the unethical activities that can lead to accidents (Varfolomeev, 2014). Other than the obvious effect, the ethical risk management also has a lot of other benefits as mentioned here. The management of the ethical risks improves the leadership in the organization along with its focus on the safety of the workplace, which in turn leads to the reduction of accidents. The management of the ethical risks leads to the enhancement of the organizational policies along with the removal of various organizational issues. This in turn leads to the reduction of accidents due to strict and effective business policies. The management of the ethical risks also allows the management of the organization to have better regulatory governance and compliance to the organizational policies in the workplace, which in turn keeps the employees conscious and aware of the possibilities of major accidents in the workplace of the organization. This in turn reduces the number of accidents in the workplace of the organization (Jordan, 2013). 2. There are a number of risks that BP, Exxon and the fracking industry continue to face in providing an adequate supply of energy. One of these risks is related to the environment of the workplace. The business activities of BP, Exxon and the fracking industry can have multiple negative impacts on the environment including water pollution, seismic shifts, global warming and negative effects on the ecosystems. These environmental impacts of the organizations lead to oppositions from various activists and environmental groups, which is a significant risk for the business processes of the organizations (Hystad, 2014). Environmental groups and activists with political influence can cause operational and financial risks to the organization as well. Along with the environmental groups and activists, the customers can also be affected by the environmental impacts of the organization. The buying behavior of the customers can change drastically if there are any major accidents related to the organizations. Safety and health concerns of the employees in the workplace of the organization is another risk to the business operations of these organization. If there are any adverse effects to the health and safety of the employees even after implementing efficient business policies and guidelines, then the employees become demotivated to work in the organization. A small accident in the workplace can also cause big disruptions in the business activities of the organization due to the involvement of the labor union and legal authorities (Ferrell, 2015). Another risk that these organizations face is the increasing pressure from the society to maintain a positive public image. The public image of the organizations allows the organizations to have a positive environment for the business activities. A weakened public image costs a lot to the business of these organizations (Keil, 2014). Possibility of leaks is always there in the business processes of these organization. None of the business processes or policies can guarantee 100% safety and security in terms of leaks and accidents. This in turn is a continuous risk that these organizations face all the time. Political pressure is another risk that these organizations face continuously in order to maintain minimal environment impact along with complying to various regulations and legislations. The financial risks faced by these organizations include the increasing costs of operations and maintenance of compliance (Crane, 2016). 3. The presence of ethical leadership in the workplace has a number of effects and impacts on the overall business model of the organization. The effective leadership in the organization allows the organizational culture and policies to be transparent. This in turn allows all the employees to be clear about the safety and health policies in the workplace along with other organizational guidelines. This allows the employees to be aware and conscious about all the possible risks to the business processes of the organization, which in turn helps the management to effectively manage the risks (Yukl, 2013). The ethical leadership in the organization also allows the business strategies and guidelines to focus a lot on the health and safety of the employees along with the business processes. This in turn allows the management of the organization to have effective strategies for the management of the risks (Berkowitz, 2016). The ethical leadership also allows efficient complaint and grievance processes to be implemented in the workplace, which allows the employees to easily report any unusual or harmful activities in the workplace. This in turn helps in the management of the business risks. The ethical leadership in the organization also ensures the implementation of effective and efficient ethical guidelines along with code of conduct. These in turn allow the employee to avoid unethical activities in the workplace, which generally lead to accidents. This allows the risks to be reduced in the workplace of the organizations operating in the oil and gas industry (Cotton, 2017). The presence of ethical leadership also allows the employees of the organizations to be involved in the key business decision making processes. This in turn allows the employees to feel motivated and confident about their employment with the organizations. This in turn allows the employees to have high performance in their corresponding business activities, which in turn reduced the risks to the business processes of the organization (Avolio, 2016). Conclusion The information provided in the case study reveals the importance of ethical leadership, business ethics and organizational policies in the management of the business risks along with the risks faced by the business processes of the organizations operating in the oil and gas industry. As per the analysis of the case study, ethical leadership in the workplace of these organizations allows the employees to have a safe and healthy workplace. This in turn allows the business risks to very decreased. The ethical leadership in the workplace of these organizations also allows the employees to have high performance and quality of the corresponding business processes. All the risks faced by the business processes of the organizations in the oil and gas industry are tackled efficiently by efficient risk management along with ethical leadership. This in turn allows the organization to yield a lot more value from the business processes which in turn leads to the success of the organization. The case study provided an effective way of analyzing the role of these factors required for efficient risk management along with the business processes without any accident in the oil and gas industry (Brown, 2014). References Avolio, B.J., Keng-Highberger, F.T., Schaubroeck, J., Trevino, L.K. and Kozlowski, S.W., 2016, January. How Follower Attributes Affect Ratings of Ethical and Transformational Leadership. InAcademy of Management Proceedings(Vol. 2016, No. 1, p. 16854). Academy of Management. Berkowitz, H., Bucheli, M. and Dumez, H., 2016. Collectively designing CSR through meta-organizations: A case study of the oil and gas industry.Journal of Business Ethics, pp.1-17. Brown, M.E. and Trevio, L.K., 2014. Do role models matter? An investigation of role modeling as an antecedent of perceived ethical leadership.Journal of Business Ethics,122(4), pp.587-598. Cotton, M., 2017. Fair fracking? Ethics and environmental justice in United Kingdom shale gas policy and planning.Local Environment,22(2), pp.185-202. Crane, A. and Matten, D., 2016.Business ethics: Managing corporate citizenship and sustainability in the age of globalization. Oxford University Press. Ferrell, O.C. and Fraedrich, J., 2015.Business ethics: Ethical decision making cases. Nelson Education. Hystad, S.W., Bartone, P.T. and Eid, J., 2014. Positive organizational behavior and safety in the offshore oil industry: Exploring the determinants of positive safety climate.The journal of positive psychology,9(1), pp.42-53. Jordan, J., Brown, M.E., Trevio, L.K. and Finkelstein, S., 2013. Someone to look up to: Executivefollower ethical reasoning and perceptions of ethical leadership.Journal of Management,39(3), pp.660-683. Keil, K., 2014. The Arctic: A new region of conflict? The case of oil and gas.Cooperation and Conflict,49(2), pp.162-190. Raufflet, E., Cruz, L.B. and Bres, L., 2014. An assessment of corporate social responsibility practices in the mining and oil and gas industries.Journal of Cleaner production,84, pp.256-270. Varfolomeev, E., Marin, O., Bykov, D., Karasev, O., Velikanova, N., Vetchinkina, E., Edelkina, A. and Thurner, T., 2014. Connecting strategy, environmental and social indicators: a study of oil and gas producers. Yukl, G., Mahsud, R., Hassan, S. and Prussia, G.E., 2013. An improved measure of ethical leadership.Journal of Leadership Organizational Studies,20(1), pp.38-48.

Warehouse Clubs free essay sample

The leading warehouse clubs in North America competes through prices and operating costs. These companies cut their operating costs to shoulder the low prices they are offering to the buyers. They also offer broad merchandise selection which attracts small-business owners, organizations and individuals. The three dominating companies were Costco, Sam’s and BJ’s which have 56, 36 and 8 percentages of shares in the market respectively. According to the figures given in the case, a five-forces analysis of the industry would be: Buyer Bargaining Power: -Buyers can easily switch brands. -Buyers have a strong leverage. Substitute Products: -Substitute products are abundant. -Substitute products would create a price ceiling. Supplier Bargaining Power: -There are many suppliers of the products. -The products are easy to substitute -Input materials are not in scarce. Threat of New Entry: -Economies of scale -Pricing trend -Branding Competitive Rivalry. There are many wholesale sellers in the market -There is low switching cost Trend in price reduction by competitors Among these factors, competitive rivalry, supplier and buyer’s bargaining powers must be the most significant. We will write a custom essay sample on Warehouse Clubs or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Buyers are always looking for better prices within the industry, thus, wholesale clubs are forced to lower their prices to attract customers. Suppliers also play an important role in maintaining these low prices. Competition is a big factor because the competitors are similarly capable of countering each other. 2. The three warehouse club rivals did not employ similar strategies. Costco used low-cost strategy which they were able to provide customers low-priced items with good quality. Sam’s, on the other hand, purchased merchandise from low-cost labor countries in order to reduce their product costs. For BJ’s strategy, unlike with the other two, they offered smaller packaged goods for retail customers and it was the only major warehouse club that accepts manufacturers’ coupons that added value for members. Costco, compared with the others, has the best strategy employed. It has offered better prices, has good product quality and selection, has emphasized low-cost, has large quantity of members and has trained and well-compensated employees. 3. Given the information regarding the financial performance of the company, the strongest player among the three warehouse clubs is Costco. In terms of Total Revenue, Costco is performing well with $ 71,422 of Total revenue while Sam’s and BJ’s acquired $46,899 and $10,027 (in millions) in the year 2009 respectively. When using financial ratios, Costco’s Net Profit Margin of 1. 2% is higher compared to that of BJ’s Warehouse which is 1. 34% also in the same year . The Net Profit Margin indicates how well a company is doing in transforming their revenue into profit. 4. By simply looking at the total revenue of other international operations of Costco, they are financially successful because their revenues increase every year. In 2005, warehouses outside North America contributed 5. 96% to Costco’s total revenue. While in 2009, it jumped to 7. 19%. So in 4 years, 14 warehouses were opened and they earned $1,982 million.

Sample Essays on Education Goals

Sample Essays on Education GoalsSample essays on education can be a good way to set some goals for you. You can use these as a basis for your own essay if you so desire. The main purpose of writing a sample essay on education goals is to make the essay easier to write, and to give you ideas that you can make your essay easier to write.Writing an essay is no different than writing any other essay, there are a few things that you need to remember. In fact, you should also learn how to answer the questions that other people will ask. This can also be done by doing a little research, finding out what the right questions are before writing your essay. You will be surprised at how much research can make it easier to write your essay.If you write a lot of sample essays on education goals, you will notice that theses are often very similar. This is very helpful for a few reasons. First, it is good to have something that is always in the back of your mind. Second, it gives you ideas and can g ive you some examples of what you should be talking about in your essay. Lastly, you may find that it is something that is useful in other courses.Usually, when you go to college, you are going to be faced with two main goals. The first is to get your education, and the second is to have fun. It is not very hard to get your education, but many people have had a difficult time finding the time to keep up with all the classes. Many students are stressed and worry that they cannot continue to do well in their classes. This is why it is so important to write a good essay on education goals, and to make sure that you reach your goals.If you want to create an essay that is easier to write, the best thing that you can do is to organize your ideas. Instead of sitting down and writing on your own, you should plan out your essay first. Get a notebook, and organize your ideas, make a list of them, and then write each one down. Think about your main goal, the reason why you want to write an ess ay on education, and see where you can fit that into your essay. Write down the reasons why you want to achieve your goal, and make sure that it is relevant to your main goal.Once you have listed the main goal, make sure that you outline what you will write about in the essay. You may want to write about each class, and list the subjects that you will cover. This way, you will know what you need to cover in your essay. By writing this down, you can more easily organize your ideas. You may find that it is easy to write an essay if you just keep everything organized, instead of just randomly going off and doing something.If you are having trouble getting your essay written, it is not going to be hard to make it easier to write. You should have a plan that helps you come up with great ideas for your essay. The trick is to do this on a daily basis, and to make sure that your plan includes learning as much as possible. This way, you will be able to come up with an idea after thinking abo ut it for a while.Sample essays on education goals can help you achieve your goals. It is also a good idea to try out writing different types of essays on education. This will help you get used to writing essays and will allow you to come up with new and different ideas. If you are having a hard time writing an essay, or are having a hard time coming up with good ideas for your essay, you should try writing a sample essay on education goals.

War And Society Essays - Culture, Structure, Cultural Studies

War And Society Keeleys is attempting to prove that primitive warfare throughout history has been effective and occasionally more successful than civilized methods. Throughout Chapter five of War Before Civilization, evidence is displayed showing the different success rates of primitive warfare compared to its civilized counterpart. Two examples that offer proof to Keeleys theory are: 1. Julius Caesars Roman legion was incapable of conquering England, which was defended by the undisciplined, barbarian hosts of Celts and Germans. Raids and ambush tactics demonstrated by the barbarians deferred a Roman triumph for a century. (A.D.9.) (Pg.72) 2. During the Battle of Little Big Horn, two hundred U.S. soldiers led by Colonel Custer were ambushed and defeated by one thousand and eight hundred Sioux and Cheyenne warriors. (1866) (Pg.73) Certainly, aspects of primitive warfare have had high success rates throughout war and history, yet the majority of Keelys examples are only of individual battles. The majority of Primitive societies lack the required population, food, and artillery to win the war. Attempting to differentiate the success rate of primitive and civilized warfare is an unattainable task. While particular historical battles have proved the effectiveness of uncivilized warfare, economic and social resources should be considered in every individual case. Keelys illustrations and examples of past war patterns disprove the myth that primitive societies will always be defeated by civilized armies in time of war. Proving primitive effectiveness is clearly Keelys aspiration in Chapter Five. (Pg.71) Keelys various examples from different centuries demonstrate that primitive warfare has occasionally been victorious in opposition to civilized societies. History Essays

Studying Language and Grammar Essays

Studying Language and Grammar Essays Studying Language and Grammar Essay Studying Language and Grammar Essay Learning grammar in a language course. Grammar is the structural base of how we express ourselves. Studying grammar gives you more important benefits. When you study grammar you improve your reading comprehension, you get a higher status in the society, and you catch the message of a text quickly. Students can dominate the language, it is important at the time of traveling to a new country, and they also improve their handwriting writing and spelling. Studying grammar help students to expand their knowledge so that they can dominate the language. Students improve their reading abilities; they speak the language with much fluency. When the student is reading a text, he can easily understand the message because he knows perfectly the meaning of every word as his native language. When the student knows the language perfectly, he speaks and writes without any problem. It also avoids problems of understanding and speaking new languages. If you travel to a new country, you can have problems to understand what other people say and at speaking time. And if you study grammar you avoid those problems. It does not matter how quickly is the person talking you will understand him. And you easily will get a job because you know how to speak in a formal and polite way. People will understand you because you are talking in sequence and using the correct verb tenses. It is much important to know the rules because maybe you think you are speaking pretty well but you are not. People who do not know the rules have many problems using tenses, for example, you are telling a person what you did the last week but maybe you are speaking in the future time instead of the past time, and you do not know, and it will sound stupid and strange. You cannot say â€Å"Tomorrow I was talking to my mother last week.† And if you know grammar you are going to say â€Å"The last week, I was talking to my mother ,† it sounds better, and it has much sense. So, it is much import

The Cask of Amontillado Essay Example | Topics and Well Written Essays - 500 words

The Cask of Amontillado - Essay Example Figurative enclosure began with the reader, drawn by Montresor into his space, assuming collusion and sympathy: "You, who so well know the nature of my soul" (Poe, 1090), tells the reader "you are with me in this, you understand." Fortunato was trapped too, by his greed and vanity, and into placing himself in the trap. Montresor was also enclosed in his world of paranoia and revenge, a loner who perceived himself superior, who had no rational cause to kill. The absence of real motive here showed a mind locked into a cold, psychotic personality. He did not explain, "The thousand injuries of Fortunato I had borne", but provided glimpses of a focused, calculated, mental derangement in "I must not only punish, but punish with impunity." (Poe, 1090). If Montresor was mad, then he was locked in that space, without human feelings, taking victim and reader with him, to the horrific reality of a living death, enclosed in the catacomb walls. These and the journey to them, represented a metaphor for the convoluted workings of a deranged mind, while focusing on themes, plot, action and resolution. Literal, real enclosed spaces become smaller and more threatening, reaching the horrific climax.

What do you think will be the most critical issue facing the corporate Essay

What do you think will be the most critical issue facing the corporate world during the next few years - Essay Example For companies to adapt to the fast-paced business scenario, change in prevailing organizational culture is required. To address this, companies should find means to communicate desired changes to employees. They should be able to hone their workforce such that everybody becomes committed to make their respective companies more competitive. To maximize their productivity, companies should be able to instill to their employees that high-quality output and multi-tasking are rewarded and held at a premium. Moreover, companies should be able motivate their employees amidst the uncertainty of employment tenure. With globalization, labor turnover has dramatically escalated. As companies pursue streamlined operations, changes in skill requirements result. As such, thousands of people have been retrenched. Those retained by the companies usually feel demotivated with their productivity adversely affected. In view of the above, companies should be able to fortify their human resource management function. They should continuously undertake staff programs that will further enhance employee performance. Furthermore, they should be able to balance the process of economic globalization with employee welfare and satisfaction (Kinley & Joseph).