Business ethics and environment Assignment Example | Topics and Well Written Essays - 500 words - 1

Business ethics and surround - Assignment ExampleIt also strongly advocated for the principle that companies should embark on fair pricing so as to improve the economy and attract investment. In addition, it advocated for employees by stating that they should be respected and treated with high up regard. It believed that by doing this then one would increase employee output and reliability. This would in return amount to better prize work done. Subsequently, the company will make returns. The prime problem of this assumption is that the employee may fail to represent when they feel that respect for them lacks.Indeed, Sh areholder pry Management and Stakeholder value management are quite disparate in aspect. Shareholder Value Management stresses more on the principle of profitability over duty, and the organizations are seen as tools that are to rake in profits. On the other hand, Stakeholder Value Management believes in the principles of responsibility for profitability (Denning , 2014). While Shareholder Value Management deals more with issues targeting at how a corporation mint manage to rake in more profit, Stakeholder Value Management seek to deal with the main issues, which balk effective productivity. Additionally, it offers to bring solutions, which can improve the overall situation. Focusing on profitability seeks to look for short-term solutions that will ensure quick profits. The prime focus of the former is to concentrate on profit margins, turn the latter digs deeper and seeks to offer practical solutions to these issues at hand (Carroll, & Buchholtz, 2015). The satisfaction of the employees and the clients as well is the precession of the latter while the former seeks to please the bigwigs with impressive figures.The major issues leading to failure of the Shareholder Value Maximization were that the emphasis was placed on returns, and this resulted in a workforce, which was not producing results as per the expected outcomes.