Ethic Case Opinion and Analysis Essay Example | Topics and Well Written Essays - 750 words

Ethic Case Opinion and Analysis - Essay ExampleThe rack up total of all the above challenges result in a gritty cost of push back which impacts negatively on the firm. Therefore, a worker-sensitive firm needs to institutionalize up a number of measures to curb this high toil costs, otherwise the beau monde might face a competitive disadvantage in the market. The measures put forth should be ethical and fair both to the firm and the workers or employees. In cases where the measures ar not fair, customers tend to distant themselves from the firms products or services and this impacts negatively on the firms share of the market. This is lots the cause of a crease gap between client prospect and what they basically get from the market. The interpret caused between the client and the firm interferes with the projected incomes and sales. It is worth noting that there is a need to identify univocal criteria through extensive research that relates to labor resources and service de livery. There are two main methods of managing labor costs, controlling staffing and adjusting salaries paid. In the face of competitive forces, a firm has to adapt quickly since it is essential for the company to react to the changing conditions. The other way of dealing with company downsizing is to act on employees number. The actions chosen need not be ruthless only if rather ethical. Actions such as compulsory aboriginal retirement or lay off in a firm need to be do in a selective manner. It is worth noting that the criteria chosen should take into consideration the needs of the workers. It should be germinal so as to draw and keep employees. However, it should not compromise the operational efficiency or shekels margins at any cost. It should be viable and reasonably ethical. Some of the ethical ways of reducing labor costs include job sharing and developing outreach programs. Question 2 The Golden Rule Do unto others as you would have others do unto you is an ecumenical and ethical standard that requires those who believe in it to consider the feelings and likes of others onward acting. It is often referred to as the ethic of mutual exchange. This rule has often been applied in solving business related problems among other worlds problems. This paper seeks to explore the application of the golden rule in business ethics. It is a rule in business worry that plays a big role in long shape success of a firm. Ethics does not always pay but rather presents a central challenge towards good management to constantly align success and responsibility in business. (Maxwell 122) Executive management in firms faces a lot of challenges in trying to apply this rule because of the conflicting behaviour of humanity nature. However the golden rule underlies and protects codes of business conducts and responsible consumption. Golden rule actually works in a competitive business this is because workers tend to be more motivated since they will have a feeling of b eing appreciated in their work. They will further put their own initiative and stew in work with minimum or no supervision as long as they are provided with good working environment. This is a policy that makes one feel respected. This does not only apply to the workers but also to the customers. Everyone wants to be treated with honor and respect in ways that enrich