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Structure
. Introduction - 300-400 words
1st part (black): Introduce the subject of the assignment: Contemporary management (black) and 2-3 lines /a very small paragraph about the company is sufficient.
2nd part (Green): Then add some info not too many words, just add useful info
3rd part (Blue/purple): Say what's the assignment is about. Tells us what is in this report.
Assignment Question
Select any ONE organization with which you are familiar or can research from publicly available sources.
Drawing upon appropriate sources of information, critically evaluate how increasing pressure to operate businesses in an ethical and socially responsible manner impacts upon its business decision making for the future and its operations and assess the effectiveness of its current response/s to that pressure.
Notes:
First, select an organization that is coming under ethical and socially responsible pressures. This organization must be under pressures to behave "properly".
AMAZON REPORT
by (Name)
The Name of Class (Course)
Professor (Tutor)
The Name of the School (University)
The City and State where it is located
The Date
Introduction
In recent years, the
introduction of digital media, software support, computer techniques, advanced technologies,
and developments in innovations have facilitated Amazon's business management
processes. However, accompanied by all these facilities, speedy work, and
conveniences, the organization faces many challenges influencing its
operations, specifically resulting from ethical pressures. Despite all Amazon's
recent corporate management advancements, moral pressures have augmented and
manifested in new forms and nature. Accountability as well as Ethics and Social Responsibility (ESR) are
among the prominent issues affecting its organizational operations. Some of the
ethical problems creating significant pressure and upsetting Amazon's activities
result from fake reimbursement, privacy threats, cybercrimes, bribery, child
labor, workplace safety, and legal liability. The development and
popularization of social networking sites, such as Twitter and Facebook, have
profoundly strengthened issues relating to ethical pressures; for example,
unlike before, today, people readily expose matters on the internet. Therefore,
such instances determine how a business operates. It results in management
teams making decisions that will not affect them negatively by tarnishing their
reputation or plummeting their popularity, leading to a reduction in revenue
and loss of business. Perhaps the best example of the failure to adjust to
ethical pressure is the 2001 closure of Enron, an American-based energy company
(Nuseir & Ghandour, 2019). Amazon's administrative
teams face significant ethical pressure from different stakeholders, causing
permanent stress on their honesty, integrity, and trust. In the modern
management arena, moral pressures are a significant problem. Therefore, this challenge
necessitates elaboration and justification complemented by acknowledging
approaches that can rectify such situations. Better management ensures that
Amazon meets stakeholders’ needs. Following this introduction, this report critically examines how the
cumulative pressure to operate business following Ethics and Social
Responsibility (ESR) provisions influences Amazon's decision making and
corporate operations. Also, the report evaluates how well the firm has
responded to those ethical pressures.
The Main Body (Theory, Discussion, and Argument)
Evidence of the Impact of Ethics and Social
Responsibility (ESR)
Conducting
Business Operations in a Healthy and Safe Environment
All
employers must provide their work teams with a safe and healthy workplace.
According to Aggarwal (2019), federal safety procedures demand that
organizations minimize workplace dangers, controlling hazards. Any violations
of national and international safety regulations attract serious consequences,
including the potential loss of business license, penalties, and fines (Park,
2020). Ethical principles necessitate that Amazon protects its workers and goes
beyond the stipulated legal requirements. Managerial decisions often result in
either harm or benefit to others; therefore, the management team must ethically
oblige to use its mandate to create benefit instead of injury. Proper attention
to workplace safety improves productivity, gratification, and more significant
health of an enterprise.
Employees
represent the primary source of Amazon's safety ethical pressure since they
desire to work in safe and protected surroundings. A survey conducted in 2019
by Reveal from the Center for Investigative Reporting determined that Amazon
recorded 14,000 serious injuries across 150 fulfillment centers, indicating a
steady increase annually since 2016 (as cited by Skiba et al., 2019). From this
trend, workers have become more aware of the need to dispense their duties in a
safe environment since it assures them of their wellness. Park (2020) explains
that employees demand that Amazon prioritizes and looks after their protection
while at work as they expect it to prioritize their health and safety.
Employees compel the company to conduct a risk assessment, preparing a safety
statement that identifies areas of concern, subsequently preventing injuries.
Ethical principles bind employers to do all they can to guarantee that their
workforce does not suffer a severe accident or even death.
Ethical
pressures resulting from workers' health and safety concerns have forced Amazon
to provide them with a harmless and healthy workplace. Amazon (n.d.) reveals
that as a reaction to ethical pressures, Amazon has employed Health and Safety
Professionals (HSPs) tasked with creating benefits and reducing harm at its
establishments, including fulfillment centers. According to Brubaker (2018),
HSPs engaged by the company are either on a part or full-time basis and act as
non-partisan providers of safety and health services. They are equally on the
side of the leadership teams and employees when discharging their duties because
their principal objective is to attain higher safety standards, motivating
Amazon's workforce. Adherence to safety codes safeguard employees and customers
who frequent the firm's fulfillment centers to collect or send their packages.
Hiring HSP has increased the company's salary budget but has reduced costs of
settlement cases.
Operating
in a Manner that Enhance Accounting Practices
Ethical pressures concerning accounting practices involve the fundamental principles that demand that corporations demonstrate fairness and honesty, maintaining public trust. Amazon deals with the intimate financial details of its shareholders. For this reason, according to Amazon (n.d.), Amazon must ethically execute million-dollar transactions on behalf of its owners, protecting their investment into its operations. Ethical principles demand that Amazon employ morally-upright accounting and finance professionals who will strive to preserve its bookkeeping integrity, for example, through eliminating dangers of financial misappropriation and corruption (Aggarwal, 2019). A critical component of ethical pressures is for corporations to make impartial decisions and recommendations that benefit all stakeholders. Conflicts of interest, for instance, require exposure under independence regulations. Therefore, Amazon should not benefit at the expense of its investors through committing to fraudulent deals that create...