Value and Ethics in the workplace Essay Example | Topics and Well Written Essays - 1000 words

Value and Ethics in the workplace - Essay Example In global environment, an individual reconciles persona;, organizational and cultural values from national and international traditions and unique personal vision of life and business practices. In the past few decades, global corporations have generated a significant number of economic, moral, and political questions. Far too often, discussions of these issues have been inappropriately separated from each other. The moral behavior of transnational corporations and the implications that transnationals have for the nation-state are two such discussions. There is the importance of the moral conditions within which institutions, such as corporations and the state, may act when we note, among other things, the special powers they have, the temptations to which they may be subjected, and the competitive pressures under which politicians and transnational corporations operate (Boatright, 1997). In short, both individuals and institutions are affected by the moral conditions which surround them. Within complex situations defined by the preceding conditions, we might expect that the behavior of individuals (natural or artificial) would tend to be moral. In short, under such conditions individuals may anticipate being held morally responsible for what they do (or bring about), either in the sense that they intentionally brought it about or were in a situation such that they could have effected certain actions and their consequences. Their behavior would also be that of moral citizens to the extent that an additional condition is also fulfilled (Beauchamp and Bowie 2003). Individuals derive personal values from personal vision of life and life experiences based on national and cultural moral values. In the global context, individuals view themselves as subject to a commitment or loyalty to the community or society of which they are members. This commitment is to certain values and principles shaped by the historical

State of current US Economy Term Paper Example | Topics and Well Written Essays - 1000 words

State of current US Economy - Term Paper Example The rise in growth is primarily due to the contribution of positive factors such as increase consumption, increased volumes of exports and growing in domestic investments. The increase in imports was also registered in the second quarter. This increase was likely influenced by the stronger dollar. The real GDP and the potential GDP were closely compatible in the years that preceeded the great recession. However, the real GDP shrunk dramatically during the recession. This contraction continued for some time until in 2009 when a slight improvement was registered. Despite the increase, the contraction of the real GDP is still evident since the output gap in the second quarter of 2014 stood at $655000.2 The stronger GDP figures have also been tied to stronger job reports. For example, the growth between January and October was registered due to 200000 additional jobs on monthly. The low-skilled and low paying sectors of the economy also played a crucial role in resuscitating the economy. These sectors include retail and drinking places. The lowest unemployment rate was recorded and it stood at 5.8%. The unemployment is said to be the lowest since 2008. Thus, it indicates that the US economy is on a positive trajectory. Even though there was a lower rate of unemployment, the rates remain high. Some people are employed on part time in the United States and account for 7 million of the employed class. 2.2 million People are marginally attached hence indicates the existence of weak labor participation in the job markets. There has been reduced labor participation since 2009. This rate has been less than 66%. The implication of the low labor participation is that United States economy underutilizes its labor resources.3 Under normal economic circumstances, the economy should be able to encourage a high participation of the labor resources. People with various skills and talents should be willing to take part in the recruitment process to enable them