What is an example of an ethical decision?

A customer service representative taking responsibility for failing to follow through with a service action is making an ethical decision. A manager taking responsibility for his team not making a deadline because of his lack of oversight is ethical behavior.

What are three ways to make ethical decisions?

A Framework for Making Ethical Decisions

MAKING CHOICES: A FRAMEWORK FOR MAKING ETHICAL DECISIONS.
Three Broad Types of Ethical Theory:
The Utilitarian Approach.
The Egoistic Approach.
The Common Good Approach.
The Duty-Based Approach.
The Rights Approach.
The Fairness or Justice Approach.

What is a good ethical decision?

Ethical decisions generate and sustain trust; demonstrate respect, responsibility, fairness and caring; and are consistent with good citizenship. These behaviors provide a foundation for making better decisions by setting the ground rules for our behavior.

Which company is the most ethical?

Tokyo, Japan – Sony Corporation has been recognized by the Ethisphere Institute as one of the “World’s Most Ethical Companies” for the 3rd consecutive year. The US-based Ethisphere Institute researches and advances the standards of ethical business practices worldwide.

Is Nike an ethical company?

Though Nike has made a few positive changes to its environmental practices and is a member of the Sustainable Apparel Coalition, it still has a way to go before it can truly be called a ‘sustainable’ brand, which is why its environmental rating is ‘It’s a Start’.

Is Target an ethical company 2020?

Target’s high standards for conduct mean the company is committed not only to maintaining legal compliance, but operating its business ethically and with integrity.

Is Costco an ethical company?

Costco is often cited as one of the world’s most ethical companies. It has been called a “testimony to ethical capitalism” in large part due to its company practices and treatment of employees. The company resists layoffs, invests in training its employees, and grants them substantial autonomy to solve problems.

Is Costco a Chinese company?

Costco Wholesale Corporation (doing business as Costco Wholesale and also known simply as Costco) is an American multinational corporation which operates a chain of membership-only big-box retail stores. The company opened its first warehouse (the chain’s term for its retail outlets) in Seattle in 1983.

What is Costco’s motto?

do the right thing

What are Costco’s weaknesses?

Costco’s most important weaknesses are as follows:

Limited product mix.
Exclusivity to members.
Low profit margins.

Who is Costco’s biggest competitor?

The company’s most significant competitors include Sam’s Club (Wal-Mart) and BJ’s Wholesale Club in the warehouse club segment as well as Target, Kroger, and Amazon.com with respect to general merchandise retail competitors.

What are Walmart’s weaknesses?

Walmart’s Weaknesses – Internal Strategic Factors Low wages, inadequate healthcare, and poor working conditions are few of the issues that have been publically criticized. Large span of control – Its highly extended size and massive span of control could leave Walmart weak in some areas.

Who is Walmart’s biggest competitor?

Here are the most significant competitors of Walmart in the US.

The Kroger Company:
Costco:
Home Depot:
Walgreens Boots Alliance:
Target:
Amazon:
Lowe’s:
Best Buy:

Why is Walmart unethical?

Wal-Mart has been accused of sexual discrimination and unfair pay for employees, and destruction of small towns, excessive amounts of corporate power through the government and how Wal-Mart is turning into a monopoly. …

What is Amazon’s biggest weakness?

Amazon’s Weaknesses – Internal Strategic Factors

Easily imitable business model – Online retail businesses have become quite common in this digital world.
Losing Margins in Few Areas – In few areas such as India, Amazon has faced losses.

What is Amazon’s greatest strength?

Being the world’s leading online retailer, Amazon derives its strengths primarily from a three-pronged strategic thrust on cost leadership, differentiation, and focus. This strategy has resulted in the company reaping the gains from this course of action and has helped its shareholders derive value from the company.

How much is Amazon in debt?

According to the Amazon.com’s most recent balance sheet as reported on October 30, 2020, total debt is at $33.08 billion, with $32.93 billion in long-term debt and $155.00 million in current debt. Adjusting for $29.93 billion in cash-equivalents, the company has a net debt of $3.15 billion.

Is Facebook Debt Free?

Can FB service its debt comfortably? The good news for investors is that Facebook has no debt. It has been operating its business with zero debt and utilising only its equity capital.

How much is Apple’s debt?

Apple finished its most recent quarter with $196 billion in cash and $112 billion in total debt.

How much is Google in debt?

Compare GOOG With Other Stocks

Alphabet Annual Long Term Debt (Millions of US $)
2020	$13,932
2019	$4,554
2018	$4,012
2017	$3,969