What Are the Systemic, Corporate and Individual Ethical Issues Rose by This Case?
What are the systemic, corporate and individual ethical issues rose by this case?
In the case of Slvery and the choolate industry contains sytemetic, corporate and individual ethical issues in many different ways. Looking at the economical repercussions, it would not be logical to do business with these countries considering that close to half of the worlds chocolate is made from cocoa beans that are grown in the Ivory Coast and Ghana. If we refused to do business with these countries the ost of these goods would be un-affordable to consumers. In a political aspect, we tend to be the leaders the moment we stop doing business with these individuals many other countries will follow along or vis versa; those countries who refuse to do to stop doing business with them might then stop doing business with us. The last systematic issue raised is legal. As stated in the article slavery on the farms is in illegal in the Ivory Coast. Whether it is or how well the laws are enforced is for the most part out of our control.
What are the systemic, corporate and individual ethical issues rose by this case?
It is common knowledge that Enron is arguably to biggest corporate collapse in recent history. It is not common knowledge, however, what exactly happened within Enron that lead to its demise. Kenneth Lay founded Enron in 1985 when he configured the merging of two natural gas companies. Enron continued to grow by acquisition, leading to large amounts of debt. Lay hired Jeffery Skilling in 1989 to head the company’s finance department. Skilling devised a way for Enron to be the middle man for many commodity markets, when added together Enron traded over 1,800 unique products.
As the value of Enron stock plunged in value, many Enron employees lost their jobs and nearly all of their retirement savings. In their testimony before Congress, former Enron employees testified that while they had retired with $700,000 to $2 million in Enron stock, they now had
In the case of Slvery and the choolate industry contains sytemetic, corporate and individual ethical issues in many different ways. Looking at the economical repercussions, it would not be logical to do business with these countries considering that close to half of the worlds chocolate is made from cocoa beans that are grown in the Ivory Coast and Ghana. If we refused to do business with these countries the ost of these goods would be un-affordable to consumers. In a political aspect, we tend to be the leaders the moment we stop doing business with these individuals many other countries will follow along or vis versa; those countries who refuse to do to stop doing business with them might then stop doing business with us. The last systematic issue raised is legal. As stated in the article slavery on the farms is in illegal in the Ivory Coast. Whether it is or how well the laws are enforced is for the most part out of our control.
What are the systemic, corporate and individual ethical issues rose by this case?
It is common knowledge that Enron is arguably to biggest corporate collapse in recent history. It is not common knowledge, however, what exactly happened within Enron that lead to its demise. Kenneth Lay founded Enron in 1985 when he configured the merging of two natural gas companies. Enron continued to grow by acquisition, leading to large amounts of debt. Lay hired Jeffery Skilling in 1989 to head the company’s finance department. Skilling devised a way for Enron to be the middle man for many commodity markets, when added together Enron traded over 1,800 unique products.
As the value of Enron stock plunged in value, many Enron employees lost their jobs and nearly all of their retirement savings. In their testimony before Congress, former Enron employees testified that while they had retired with $700,000 to $2 million in Enron stock, they now had