Ethics in Contemporary organizations Essay Example | Topics and Well Written Essays - 500 words

Ethics in Contemporary organizations - Essay Example Ethnic leaders should have strong moral values and principles and are able to control their feelings. As such, they should be able to handle stressful situations through self-control and tolerance. Such leaders should always strive for success and be able to balance their personal and professional lives. Additionally, good leaders should learn new strategies to handle issues through scholarly means, advance their learning skills and seeking feedback from the rest of the crew ethical leaders should always be energetic at their work to set a good example to the workers and increase the effectiveness of the organization (Dhar & Indian Society for Training & Development, 2009 ). As such, organizational leaders ought to have high ethical standards as it encourages the employees in organization to meet the same level of ethnicity. An ethical leader enhances the reputation of the company and this increases the effectiveness of the organization. An ethical organization attracts customers and this helps in the boosting of the sales and profits of the company. As such, the investors of the business are always at peace that their money is being used in the right way. Ethical employees adhere to the rules and regulations of the organization and ensure that they offer quality services to the company (Dhar & Indian Society for Training & Development, 2009).With this; these principles ensure that employees stay and meet the goals hence increasing the productivity. An organization with high moral principles strives to keep its customers by making sure that they provide insurance covers to them. Increasing the employees’ retention reduces the cost of replacing more employees. The principles ensure that the organization keeps the talented work and this increases the organizations productivity. A principled company ensures that there is a good relationship between the management and the vendors. Through this, the leaders make certain that vendors are paid on

The Exercise of Accounting Clothes Personal Statement - 2

The Exercise of Accounting Clothes - Personal Statement Example I thought that I had only few purchases that were made from China but I did not expect that majority of them were actually from China (there were 22 clothes that I bought coming from them). This misimpression is due to the fact that even if the brand is patently American, if we bother enough to check the label on where it is made, it is in fact made in China. For example, my sport apparel Nike. We know that Nike is an American company and we would like to think that it is also made in America. But no, check the labels and you cannot even read them because it is written in Chinese character. It is in fact made in China. This led me to think and do some basic research. I begun to understand the supply chain that companies employ in order to save cost and become competitive. But again, this led me to think if the main motivation really is to save on cost to sell their products more affordable then are their prices are saying otherwise? Nike is still priced at premium even if they had ou tsourced their manufacturing to some sweatshops in China. These companies are raking billions of dollars in profit. The motivation of having their manufacturing somewhere else must be the drive to profit more by finding ways to cut cost by looking for people who can do the job the cheapest way possible. Sadly, this takes jobs away from Americans and kills our local garment industry. This also makes the salary of those who works in our textile industry low because of competition of the dirt cheap salary of textile workers in Bangladesh and Cambodia. Worst, this outsourcing has brought new evils in the country that they were outsourced such as China and countries in South East Asia (Thailand, Indonesia, Philippines). News about the old labor, unreasonably long working hours and dangerous working conditions are prevalent that it defeats the benefit of giving people jobs because they are being exploited. Also, the quality of the textiles deteriorates because the manufacturing process of the countries they are from cut corners. Also, I noticed during the process of my accounting my clothes that some have labels of being recyclable (the ones made in USA) while many do not. I understood it because of our stringent laws about the environment and our general concern about the environment. I checked the labels on the other clothes that I have that were made overseas and there were no labels that the clothes can be recycled. This led me to think that these manufacturers must have no concern for the environment after making the sales or even during the manufacture of these clothes. Come to think of it, if they cared less about their workers, employing them in hazardous working conditions and giving them oppressive salaries whose ill effects can be immediately observed, how much more about the environment whose effect can only be felt many years ahead? Also, the quality of the fabric can readily be distinguished because those that came from the USA are noticeably of better quality. We just came from a financial crisis and to some extent, we are still reeling from it.