Highlights
QUESTION 1
Read through the following case and answer the questions below. Refer to the study guide on guidelines of how to answer a case study, (pg. 18).
Business Ethics
Every day, in companies around the world, employees are spending part of their workday making personal phone calls and using their work computers for shopping online, playing games, sending personal e-mails, and visiting social networking sites. This unethical behaviour results in decreased productivity. Today’s focus on technology has many people thinking about personal interests over dedication to their employer. Business leaders are challenged to monitor employees in the workplace for ethical use of their time.
You will prepare a report that identifies current ethical challenges and offer strategies to encourage respect and ethical conduct in the workplace. Your report must emphasize the expectation of employee productivity in the work world and how attention must be shifted from personal interests of employees to customer service and ethical use of work time.
You will address the following in complementing your plan to improve ethical conduct in the workplace.
1.1. Why must businesses have standards and rules for employees?
1.2. Why are many ethical issues associated with technology in the workplace?
1.3. How can businesses increase employee dedication?
1.4. What has contributed to the lack of productivity in the workplace?
1.5. What should happen to employees who have demonstrated unethical behaviour in the workplace?
QUESTION 2
When a determined 28 year old is deciding whether they would open their own Gym, they had to think about the opportunities and the risks. Giving up a regular job and stable income is a difficult choice. As a reward, they will have personal control over their own business, they can take personal satisfaction if their idea develops into a successful and profitable business. Keeping in mind that gym is not a new business concept, address the following;
2.1. Identify the associated risks you might want to advise them of.
2.2. Identify the opportunities (Improvements, innovation and competitive advantage)
2.3. Who can they approach as an investor? And how would they invest?
2.4. How can their business impact the community?
2.5. Besides the core business of fitness, what other ventures can their business expand into for growth and diversification purposes?
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