Ethics Article Analysis Essay Example | Topics and Well Written Essays - 500 words

Ethics Article Analysis - Essay Example imbroglio, President Obama called Wall Street bankers "shameful" for giving out nearly $20 billion in bonuses while the government bailed out financial institutions (Herald Tribune, 2009, Jan 29). Whelan, in his article, â€Å"Spirituality and the Global Financial Crisis† (2009), raises pertinent questions: How was this allowed to happen? What ideology, what policy, what abuses made this possible? Were there any warnings? And if so, why were they ignored?† The writer also argues on the ethical propriety of top CEOs amassing huge wealth amidst such epic financial crisis. On a spiritual note, society craves for joy in life. And what is J-O-Y? Jesus-Others-You: necessarily in that order. But our capitalist, consumerist approach to life, is otherwise. Enjoy has verily turned into, end-joy! The common person’s bafflement has naturally turned into anger. Questions about moral and ethical values in society are beginning to surface, especially, in the corporate arena. The financial crisis provides an opportunity for somber introspection, contemplation, and reflection on the foundations of human values on which corporate, and business edifices are built. Ethical considerations in financial management and decision making should focus on the societal and national goals. As Whelan puts it, â€Å"spirituality is living relationships. Spirituality can transform the culture and support the new economic structures and government regulations intended to foster and protect the common good.† Whilst business managers seek to maximize profit to delight investors of their companies, presumably legally, it is equally important to examine, can profits accrue by being good? Is there an incentive for being good? The reward of being good is goodness itself. It has a long term spread of happiness that only grows. Hooker candidly asks, â€Å"Business management is all about making the right decisions. Ethics is all about making the right decisions. So what is the difference between the

Hotel industry Assignment Example | Topics and Well Written Essays - 250 words

Hotel industry - Assignment Example In my case, I intend to add value to my hotel service industry by picking my raw foodstuffs from distributors who are recommended by the public health organization in the United States. My hotel service targets all customers, fixing desired prices on the foodstuffs while making quality and service to customers as the main aim as opposed to mincing money from the public. Moreover, the staff employed in my hotel should have adequate training in catering bearing in mind health and safety standards of the organization. However, I do not intend to run the hotel for my entire life. I intend to make it pick and gain popularity within its location then sell it to a new management at a higher price when business hits peak. This, I intend to implement through ample customer relations, providing safe products as well as placing customer preference and quality as my main aim. Service to humanity is service for money.The chart above shows the organization of my hotel service industry. Moreover au dit ought to be done every end of the financial year to assess the employees as well as the milestones achieved by the organization. Any product that aims to be brought to the hotel must be taken through health and quality checks to ensure that safety and health standards are adhered to.Reputable hotels are very successful in both their businesses and expansion. The most challenging task in the hotel industry is the handling of competition which comes about with providing quality services as well as fixing prices that are desirable to the target customers.