Role of Business Ethics in Staff Motivation and Productivity Essay

Role of Business Ethics in Staff Motivation and Productivity - Essay Example It is of pragmatic that literature on business ethics provide adequate and specific information on the needs of leaders and managers as they are mainly responsible for ethics management in the work environment (Schwartz and Weber 2006). Ethics programs in organisations generally aim to integrate ethical guidelines into processes and procedures and establish the necessary values and behaviours for operations within the organisation. Business ethics in the workplace establishes and fosters a moral course particularly during unstable times (Kapstein 2004). Paying attention to ethics when an organisation is faced with changes allows managers and employees to have a moral guide for them to realise what is good or bad. This becomes specially critical in coping with conflicts, facing risks, and responding to ambiguous circumstances (Schwartz 2001). Continual support for ethics in the workplace enables leaders and members to become sensitive to how they ought to think and behave. Due to the emphasis on ethical principles in the conduct of activities and procedures, business ethics has been shown to produce favourable outcomes for the organisation. These include increased level of employee commitment, motivation, productivity, and performance (Ferrell 2004). Hence, the current study aims to examine the impact of business ethics in UK organisations especially on employees’ sense of productivity and motivation. 1.2 Background of the Organisation Wolseley UK, also formerly known as Wolseley Centers, is widely known as one of United Kingdom’s largest suppliers of building materials, with plumbing and building firms as their common trade customers, accounting for the largest share of their sales. It has been reported to distribute a substantial amount of materials to the international market and has continued to expand to 25 countries (Wolseley Annual Report 2009). Wolseley UK has set a number of policies with which the company aims to further enhance each of t heir business aspects. Quality policy remains to be an important objective through a reliable quality environment for both suppliers and customers, particularly by successfully meeting all contractual requirements. Health and safety concerns regarding their employees, customers, and the larger community have also become a top priority for Wolseley UK as the company intends to foster a healthy workplace wherein their employees’ attain a sense of well-being and comfort while their customers are assured of accident-free operations. Moreover, the company’s policies also highlight the importance of environmental care. Regarding their human resources, Wolseley UK aims to make the best use of every employee’s potential regardless of demographics, cultural, social, or economic differences, and attempts to provide opportunities for training and development. Finally, the company relies on a code of ethics that emphasizes the significance of fair competition, risk manageme nt, environmental protection, and interpersonal relationships with employees and customers (Wolseley 2010). 1.3 Research Aims and Objectives Owing to previous studies that have pointed out the favourable impact of business ethics on organisations, the current stud

Stock analysis Essay Example | Topics and Well Written Essays - 1500 words

Stock analysis - Essay Example Samsung gets some space: A federal judge in California rejected a request from Apple Inc. to block Samsung from importing 4 Samsung producs: Infuse 4G, Galaxy S 4G, Droid Change and Galaxy Tab 10.1. Apple had claims that these products violates its patents. The judge rules that the products are not a significant threat to Apple. A trial is scheduled in July to settle the patent liability issue Apple Inc. is a leading organization involved in designing, manufacturing, and marketing of personal computers, mobile communication devices, portable digital music and video players. The company is also involved in related software, services, peripherals, networking solutions, and third-party digital content and applications worldwide. Its products and services include iPhone, iPad, Mac, iPod, Apple TV, iOS and the Mac OS X, I Cloud and various accessory and support offerings. It’s customers include small and mid-sized business, consumers, enterprises as well as government customers. The company’s sales force include retail stores, online stores, as well as direct sales force. The company also sells its products through partnership with third-party cellular network carriers, wholesalers, retailers and value-added resellers. It primarily started as a company in the personal computers industry. The industry has been witnessing significant changes in terms of the way services are provided to the customer. Some of the key competitors in the space include Dell, Microsoft and HP. The market for personal computers is characterized by minimal differentiation. Apple is the only manufacturer that uses Mac OS. As a result, the operating system has a significantly less market share. Majority of the market in this space is dominated by Windows, the operating system from Microsoft. The industry has been witnessing downward trend in terms of shipments in US. In the mobile handset industry, the company faces stiff competition from companies like Samsung, HTC, Google, Nokia,