The paper 'Personal and Organizational Ethics and Values between For-Profit and Not-for-Profit Organizations" is a good example of a management case study. This case study highlights the fact that Not-for-profit and For-Profit organizations, both can be unethical in their conduct. It highlights how well known organizations indulge in unethical conduct for their own gain. Good ethics must be an important foundation of every business regardless of its nature, i.e. Not-for-profit or a For-profit organization. Thorough the case one may note that the Ethics of the organization will be strong if the stakeholders and people involved have strong integrity. This case study used in this paper is of Red Cross and Exxon Mobile it highlights the ethical problems of their conduct.
A few solutions will be provided, and recommendations shall also be given at the end of the paper. Introduction Ethics is something extremely important in everything one does. Personal interests and gain should be kept aside while regarding ethical practices. Business these are moving towards more ethic conduct, at the time this conduct is even considered as corporate social responsibility. It may be noted that proprietors are more apprehensive regarding ethical business practices nowadays than in the past.
At times companies with sound ethical business practices, may sol face many issues. Red Cross is a Not-for-profit business and ExxonMobil Corporation is a For-profit business. Red Cross like other Not-for-profit business faces many issues in raising sufficient funds to execute their strategies, apart from this the major issue they face is the misuse of funds. ExxonMobil Corporation faces numerous issues regarding promoting the use of fossil fuels, opposing the Kyoto Protocol on climate change and not controlling control carbon dioxide (CO2) emissions the method they use to outsource their products. Thesis statement Both companies Red Cross and ExxonMobil Corporation face numerous ethical issues.
However, it may be noted that the difference is that the Red Cross faces issues not regarding personal gains whereas ExxonMobil Corporation seems to sway way from the true meaning of ethics and uses it for personal gains.
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