Ethical Theory, Business Practice, And The Corporation

Running head : ETHICAL THEORY , BUSINESS be active AND THE CORPORATIONEthical Theory , Business send and the Corporation[Author][University]Ethical Theory , Business ordinate and the CorporationIf I would be about to handle the situation of spright wingly Motors , in that location be several(prenominal)(a) things that I would consider firstborn in the beginning making decision especi in all in ally the important nonpareils resembling this . I think it would be best to solve this occupation by finding the equitable welfare for all the stakeholders of the distinguish with . Given thither are only a whatever more time before the ph peerlessr shuts down , I would call for a meeting for all of the employees and workers of the go with and exempt to them the real situation of the follow . Moreover , I would as we ll as stressed out that they would be receiving additional disengagement outwear for the damages that get out be done by the company regarding the short notice of shutting down of operation . I could overly possible give them educational plans for their siblings and refer some of them to other close companies of Speedy Motors to enable them to find a job right awayWith the express structure of giving dictation of the company as with the current situation of the operation , on that point is a big possibility that they would understand the Although there is a lot of stakeholder that would surely be affected by the verbalise shutting down of the operation of Speedy Motors , at least(prenominal) , the management did made efforts not to happen the worse for all of them . One of the stakeholders of the company would be the workers , of course . With the additional insularism pay and other benefits , I think it would be profuse to compensate the welfare loss of the workers . Aside from the workers , the community is b! esides vocalisation of the stakeholders of the company especially those community that relies on the jobs that are being offered by the company to them .

Well , for them , through referring the employees orgasm from these communities to other close companies of the Speedy Motors , then , in one way or another , the possible loss in the welfare of the community will now be charge out . The last but not the least part of the stakeholders of the company would be their stockholders . With the shutting down of the company , there is a possibility that these investors would earn less from their investments in the compan y which could rigid them and lost trust on the domestic companies and in to thwart this bod of scenario , one possible way of compensating the losses of this investors would be to give additional dividend rate for them . The specie that will be used in this strategy are the funds that were produced from the riddance of the fixed assets of the company like land , expression and machineriesThe intellect why I come up with this kind of solutions would be for the primary reason that it is the responsibility of the company to put the right things into place since in the first place the...If you pauperism to force a full essay, order it on our website: BestEssayCheap.com

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