The fictional business under scrutiny is a hotel situated in New York. The management of the company has put in place specific rules that govern different operations spearheaded by the company. For instance, both the employees and other external stakeholders are expected to respect the cultural objectives of the firm regardless of their positions and contributions in promoting the brand of the organization. A code of ethics document is important because it stipulates the most crucial policies that should be respected and perpetuated by all concerned parties. Below is a code of ethic model which will be used by the organization. It is essential to not that the policies highlighted in the code of ethics align with the primary goals and objectives of the firm. Although these policies are expected to put employees on their toes at all times, it is not a guarantee that they will be sustained for an extensive period depending on the interests of different stakeholders attached the company.
Privacy and confidentiality: Staff members are expected to protect company data from the bad guys such as hackles who can sabotage the operation of the company. This is a major threat because in some case the hacklers find a platform where they can steal clients from the organization.
The associated consequences from this issue can be reduced by improving the company’s security. The IT department must ensure that concrete innovations are made to prevent similar issues.
Every stakeholder who can access specified company data must undergo a training program that prioritizes the training of ethical behavior. They should be trained on protecting the secretes of the organization and how they can handle specific challenges related to the highlighted threats
Appearance: Employees are required to dress in decent outfits in a bid to portray a professional image that can attract clients. Ladies are discouraged from wearing short dresses while the male workers should avoid tight attires. All employees are expected to put on the recommended uniforms during particular occasions as specified in the operational calendar.
The company as set a fine policy whereby, workers can be fined whenever they disrespect this policy. Furthermore, the management has the authority to decide other suitable punishments for those who go against this rule. The company will provide the required uniforms and therefore no employee is expected to buy their own uniforms form outside source. This approach will enhance the desired uniformity during the special occasions hence, creating cohesion amongst the workers.
The management should employ professional designers who are expected to train the workers on how they should dress when on duty.
Green business practices: Stakeholders of the organization ought to promote the objective of the company that revolves on protecting the environment. The operations of the company should be conducted in a manner which is not distractive to the environment.
The company will purchase products from reliable and approved firms. This will ensure that the organization is able to avoid external conflicts with the concerned agencies and the notable governmental bodies.
The intervention of environmental analysts must be prioritized. These experts will work in cohesion with the management to ensure that the company is on the right direction regardless of the attached odds.
Obey the law: All workers should obey the law of the nation. Actions perpetuated by employees which sideline the set rules can taint the brand of the organization.
The organization will involve other consultants who are anticipated to provide the best legal advices meant to enhance the growth and development of the business.
The organization should employ a company attorney who will guide the workers on the best legal practices and who they can avoid going against the law. The attorney will also represent the organization in law cases when a legal issue pops up.
The Waimate Springs Lodge case study is an interesting story that divulges the achievement of two innovative investors in the global business platform. In as much as the lodge has been able to attract a significant quota of high-profile guests from diverse geographical locations since its foundation, various ethical concerns can be pin pointed from their case. For instance, it remains a question under evaluation as to whether or not it is ethical to sustain an operation that tempers with the natural habitants of specific species. Another notable concern revolves on the concept of national interest. Based on the arguments of their critics, it remains questionable whether it is ethical for the company to perpetuate operations which are less beneficial to a significant portion of the country’s tax-payers.
This case brings to light various issues which might be contradictive to the arguments elevated by the critics. It is essential to note that local investors have a right to do business in their country. Therefore, it is the right of Peter Slater to commence the business regardless of the fact that his primary partner was a foreigner.
The Overseas Investment Act 2005 is a crucial law that might taint the objectives of many people who are willing to invest in New Zeeland. Another significant law that can be connected to the Waimate Springs Lodge case study is the Overseas Investment Regulations Act 2005. According to Johns and Wellhausen multinational investors might find it difficult to operate in countries where there are no concrete institutions to protect their property rights. It is essential to note that the government of New Zeeland expects foreign investors to abide by the rules of the two Acts. For instance, the investment approval process entails an evaluation phase whereby, the value of the business to the nation is scrutinized (Jackson Russell Lawyers, 2018). An In-depth assessment divulges that the New Zealanders were the prioritized beneficiaries when these laws were formulated and ratified. With this under consideration
Certain social principles that uplift the need of cohesion in the cotemporary epoch can be identified from this case. For instance, the division between the poor and the wealthy in the society is something that taints the value of social order. In as much as there exists a massive gap between the fortunate and the less fortunate in the society, the later group of people deserve to enjoy life too. Therefore, it can be argued that the management would have considered constructing a separate unit that can accommodate the marginalized group from a social principle perspective. On the other hand, it can be avowed that the organization strived to maintain the culture of New Zeeland by supporting a natural project in case the zoo is something to reflect upon.
Restricting the company from sustaining their business might have a sore outcome. Just to mention, the fact that the organization was accepted as an investment by the concerned parties depicts that the two investors had respected the laws of the land. Therefore, such a restriction can be challenged by the investors in the court of law. Another outcome that might pop up might be relished by many people. This will be foundation of other modernized units that are affordable to most New Zealanders. Additionally, the company might opt to employ many local people to create the desired balance.
The selection of the most appropriate decision will require the intervention of numerous experts and stakeholders. As revealed in the model of ethics above, an organization cannot succeed in a polarized environment without the assist of different professionals from diverse fields of life. From a socioeconomic and legal point of view, the ethical concern in the case can be squeezed by selecting a decision which elevate equity n the society. The people living in New Zealand are anticipated to benefit in case a significant quota of them can gain from the endeavors of the company either directly or indirectly.
The code of ethics exposed in the preliminary phase of this assignment is effective due to various reasons. First off, it divulges how specific external forces might affect the success of an organization. It also provides reliable recommendations that can be used under different circumstances. One thing that I can change in the model is the inclusion of more modified policies which can be applied to a vast spectrum of personalities and agencies connected to the firm.
Jackson Russell Lawyers. (2018). Foreign investments in New Zealand: An overview of New Zealand’s overseas investment regime. Retrieved from https://www.jacksonrussell.co.nz/PUBLICATIONS/x_post/Foreign-investments-in-new-zealand-an-overview-of-new-zealands-overseas-investment-regime-00088.html
Johns, L., & Wellhausen, R. L. (2016). Under one roof: Supply chains and the protection of foreign investment. American Political Science Review, 110(1), 31-51.
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