Essays on Bad Business

Starbucks and their ascendancy to the top of the retail coffee world has been nothing short of remarkable. While coffee served at its stores has been its primary focus and product for all of its existence, its ability to diversity its product lineup and how far its product reaches into the daily lives of its consumers is stellar. Indeed, there are the usual customers who just the coffee, others that love the tea offerings, others still that get the sandwiches or other food treats that are present and Starbucks also has a heavy presence in the single-serving self-service coffee ...

Question 1. How do morality, ethics, and leadership play a role in shaping good and bad business?

Answer. With Enron and other similar scandals flummoxing the corporate world even now, the significance of morality, ethics, and sincere leadership automatically comes to the fore. There is no debating around putting the business into ethics or putting ethics into the business. Literature endorses that sustainable and fruitful business enterprises share values with the societies they operate in. The absence of this trait may put them under legal scanner or render them insignificant in the eyes of stakeholders. Statistically speaking, 59 percent of respondents, in a survey conducted in 2006, rated their school programs as good for integrating ethics ...

Introduction

Ethics refers to moral judgments and rules that can help in making proper decisions after differentiating between right and wrong. Business ethics shows ethical behavior including respect, honor, honesty, and trust in all aspects of the business and dealings with stakeholders, employees and customers. If we look at business ethics, several decisions including the decision to behave ethically are made in an organization by not only high level officials but also by the employees at every level that can influence the company’s overall environment. Practically, business ethics tries to find an impact ...