Ethics 1

VALUES, ETHICS, AND WORKING COLLABORATIVELY

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Task A

Concerning the escalation of events, the renaissance of business ethics has improved thanks to

Enron's record-breaking economic failure. The occurrence of accounting and corporate fraud

forced shareholders to lose approximately 74 billion dollars of financial assets, which later led to

bankruptcy. Even automobile marketers, for example, in the United States and Poland, have

legislated ethics or a "Code of Practice." However, as some uncertain examples of practical

approaches to ethics in organizations indicate, there is lack of distinct goal of ethics' function in

corporate surroundings (Schumpeter, 1976, p. 73). In answering the question of "explain the

concept of ethics and what it means to an organization, the answer will highlight how ethics is a

requirement for conducting any business and the benefits that may accrue if a clear set of

principles is adopted. Demonstrate the mechanics of ethics in management by examining

Boeing's (U.S.) ethics-based value-added management, and underscore the critical nature of

transparent ethics-related communication mechanisms within businesses. Demonstrate how

interaction ideas are used within a business structure to facilitate discussion about an abstract

subject such as ethics. Finally, discuss how corporate companies should handle ethical ideals and

cultural values.

Ethics as a necessity to conduct business

Ethics, in the notion of an established set of norms, are necessary for conducting a given activity.

Specific provisions of the regulations are – or may be – governed by legal requirements.

However, none of these is likely to be exhaustive. In addition, policies and guidelines reflect and

consequence of a well-defined and sanctionable set of morals taken for granted by the

organization that institutes and enforces them.

An open-minded, entrepreneurial economy could only operate if its contributors and relevant

actors adhere to a set of ethical standards. For that reason, the law must fulfill the agreements

reached with various stakeholders in the organizations. Only when substantial participants in an

economic setup conform to these standards can the economy perform efficiently. As a result,

these ideas serve as the economic growth bedrock. Schumpeter states that urban and business

societies have been shaped economically: their underpinnings, pillars, and signals are based on

financial elements. The value of incentives and punishments is quantified and presented in

monetary terms. This social system is – or was – eminently functional within this framework

(Schumpeter, 1976, p. 73). The lure of money is powerful enough to entice a considerable

proportion of a culture's population, and progress becomes synonymous with organizational

effectiveness (Schumpeter, 1976).

In the recent past, we have observed a substantial rise in managers' propensity to engage in

unethical or criminal – or both – activity to be included in the tiny minority of excessively paid

"winners" in the financial sense. Let's put it this way, if a society, for example, observes itself

and detects the eroding of its values and institutions, how can it respond to ensure the survival of

this foundation for its system of social organization? Thus, corporate ethics has a role at the

macroeconomic level. In this sense, its function would be to demonstrate the risks inherent in the

loss of conventional values, namely, the disintegration of capitalism, according to Schumpeter.

Its duty would also be to establish a conceptual framework and practical methods for avoiding,

halting, or slowing this cycle. And therefore, serve as an indication to relevant participants of the

current social system of the inherent and pure necessity of ethics. Business ethics aims to show

the value of ethical behavior in today's society. Thus, microeconomic ethics would be removed,

i.e., corporations and institutions. Organizations cannot depend on "higher authority" to do right.
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An organization or firm must try to build and define its values for its members to comprehend

and at least partially adopt them.

Discover and Develop values: The Need for a Clear Set of Ethics

Ethics are embedded in cultural norms. An organization's communication strategy must be

mindful of the role values play. An example is Boeing Corp communication's impact on human

involvement with ethical principles. The example below outlines how Boeing Corp has set up a

successful standard approach to corporate and human interaction with a clear set of moral

principles.

Boeing: Strict compliance-and-values-management

The Boeing Corp has created a standard approach to dealing with ethical difficulties and outlined

the types of conduct damaging the firm. Boeing's virtuous program reacts to the federal

government's anti-waste fraud. In addition, they developed a corporate conduct standard, ethical

organization control structure, and an obligation to solid punishments for wrongdoing.

The Benefits of Businesses to the Wider Community: A Case Study of the Vietnamese Nail

Shops in the U.K.

There is increasing acknowledgment that high ethics may improve corporate performance

(Joyner and Payne, 2022, para. 1.). Data extends ideas whereby morals, standards, reliability, and

accountability are necessary for the contemporary workplace. According to studies, strong ethics

is a superb business opportunity for consumer groups and society.

Case Study: Pepsi in the U.K.

Globally, unhealthy food intake (e.g., canned meats, sugar-added beverages) has sporadically

risen in recent years (Khatibzadeh et al., 2016). Poor nutrition raises the chances of early

mortality and chronic disorders like obesity and heart complications (Danaei et al., 2009). Policy

intervention is required to reverse these trajectories and achieve significant population-wide

gains in nutritional patterns and diet-related illness.

Regulations enforcing warning labels on harmful foods and drinks are emerging as an essential

tool for addressing poor dietary quality. Research indicates that warning labels stimulate better

lifestyles and may even determine and implement (Kanter, Vanderlee, and Vandevijvere, 2018).

Food and beverage warnings are labels on goods, menus, or ads that make a straightforward

statement about the health repercussions. Therefore, in ensuring that ethics guidelines are strictly

adhered to by consumers in the U.K., Pepsi products should have warning labels on their menus,

ads, and beverages. This will raise the number of sales and help prevent society from poor

dietary choices. Every organization may benefit by having an ethical code in place. Codes of

ethics may help guide choices made by corporate owners or frontline workers. Restaurants,

grocery shops, and wholesalers all confront severe ethical issues related to minimum-wage

workers and the cost-benefit trade (Schubert, 1949. Pg. 85)

Below are the ethical guidelines that Pepsi can undertake to market drinks in the U.K.

Employee Relations

Employee participation is an aspect of ethics that far too many establishments overlook. With a

few notable exceptions, food establishments usually pay the minimum wage or somewhat more

for professions with high-stress levels. According to Schubert 1949), scheduling conflicts are
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common in restaurant environments, with personnel working double hours or early morning

shifts directly after work nights.

Organizations such as Pepsi should commit to ending the practice of overburdening and

undervaluing workers. Addressing this problem in a code of ethics may significantly influence

the company's image with prospective workers (Schubert, 1949).

Food Hygiene

Whereas most individuals are unaware, clients of food establishments entrust the businesses with

their lives. While improper food storage and branding or selling slightly expired food may be

financially appealing, they might result in significant damage or loss due to food poisoning,

cross-contamination, or sensitive reactions (Schubert, 1949).

Food businesses' codes of principles (Pepsi) must contain unwavering pledges to food protection,

regularly highlighting food protection before financial concerns even if it means going above and

above the letter of the law to ensure the most outstanding probable product value.

Provider Norms

Pepsi and other food enterprises should be acquainted with their suppliers. Again, financial

reasons may drive business operators to select the cheapest ingredients available. Food outlets,

e.g., Pepsi, should do due diligence before entering into a contract with a new supplier to

demonstrate an ethical commitment.

Organizations such as Pepsi should know where their goods come from, how they are collected

and processed, what artificial ingredients/additives are used in the beverages, and other ethical

issues, including employment methods.

Aspects of Public Health

Food businesses in the twenty-first Century are starting to recognize that the law permits severe

ethical violations in the food and beverages sector; as an outcome, many are taking things into

their own hands to battle the United Kingdoms' rising health predicament.

An ethical code should contain a promise to offer only healthy goods and to avoid the use of

potentially dangerous components. Fast-food restaurants in the 20th Century, for example, paid

almost no concern to fat content or hazardous elements, fixing a whole generation at the danger

of human health — and sporadically even their existence. On the other hand, twenty-first-century

fast-casual establishments sell the same meals and drinks with fresh, healthful ingredients low in

fat and additives.

(b) In addressing marketing and advertising laws, the soft drink company must comply with

various legislation to trade in the United Kingdom market, where the regulation is stricter than in

other countries. Therefore, the international soft drink company (Pepsi) has no choice but to

adhere to various marketing and advertising laws as stipulated.

The following are the most significant legislative changes/ regulations that the international soft

drink company need to comply with:

i. Restriction on capacity promotions and selling locations (pre-packed products only)

ii. Prohibition of television and internet advertising

iii. Mandatory calorie labeling for all menu items at out-of-home establishments (OOH)

The regulations above will apply to items classified as "less healthy" or "H.F.S.S." (High in Fat,

Sugar, and Salt) under the 2004/2005 U.K. nutritional profile model (N.P.M.).
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Promotional pricing and geographic constraints

Not all HFSS-classified goods are covered. The regulation targets goods that contribute

considerably to children's calorie consumption. Soft drinks with sugar additives are among the

proposed categories of products under this regulation.

Restriction on television and internet advertising

Before the end of 2022, the government will enforce a 9 pm ban on H.F.S.S. items and an

outright ban on paid-for online H.F.S.S. advertising for television.

The new proposal will prohibit the broadcasting of H.F.S.S. ads between the hours of 5.30 am

and 9 pm, as well as the entire prohibition of internet advertisements (Critchlow et al., 2020)

This proposal is a little more problematic for online communication since it is advised to be

considered any connectivity that impacts marketing recognizable H.F.S.S. items.

Food and Health Regulations

Concerning food and health regulations, Pepsi has to adhere to U.K. legal frameworks of food

laws and regulations since they are critical elements for effective food safety methods. Food

regulation is overall in all the countries - in this case, the United Kingdom by a complex web of

rules and regulations that outline the government's expectations for food chain businesses to

ensure food hygiene and safety.

Consider the following food and health regulations;

i. Businesses do not add anything in nutrition, take anything out of food, or process food in

any manner that might be detrimental to the health of those who consume it.
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ii. The food served or sold by companies is of the kind, substance, or quality that customers

anticipate.

iii. The food is accurately labeled, sponsored, and displayed.

The Importance of Team Collaboration in a Workplace

A team is a collection of individuals who work together to accomplish a shared objective

(Katzenbach & Smith 1993). Team collaboration is a serious issue in today's business setting, as

firms strive to boost their performance, effectiveness, and customer satisfaction via team-based

organizations (Heap 1996, pg. 3-7). Many consider that team-based, parallel organizational

structures are ideal for attracting all workers to corporate success (Brower 1995, pg. 13-25).

The need for team collaboration

Team collaboration has numerous vital goals: to improve participants' communication skills as

team members and individuals. The purpose of team development is multifaceted. One of which

is strengthening participants' ability to communicate effectively as team members and

individuals.

Additionally, there is a continuous improvement in performance and innovation. Another

purpose of team collaboration is to expand operational rules and processes, which will motivate

team members to succeed.

Team collaboration also targets to raise an atmosphere of teamwork and shared problem-solving

by creating clear working objectives and promoting an environment of teamwork and collective

problem-solving.
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Furthermore, team collaboration increases trust and support. Through team building, different

coworkers collaborate effectively, increasing job satisfaction and dedication.

Collaborating Outside the Organization

Teamwork possibilities differ between businesses due to various variables such as ethos and

surroundings, the efficiency of team administration, and the company (Heap 1996, pg. 3-7). In

companies, great teams produce maximum output. Teams that are permitted get the highest

outcomes. Empowering individuals is more about employees' attitudes and behavior than

processes and technologies. (Heap 1996, pg. 5), (Roufaiel and Meissner 1995, pg. 21-37),

(Sundstrom, De Meuse &Futrell 1990, pg. 125) propose the adoption of ever-increasing numbers

of teams as a response to greater competitiveness. In addition to international rivalry, there is a

growing prerequisite to assist specialized markets and compete on price and innovation (Heap

1996, pg. 3-7). Consequently, businesses can no longer compete based on manufacturing in bulk

and economies of scale.

Teams may maximize organizational creativity by helping workers with enhanced autonomy,

contribution, and ownership in decision-making. As an alternative to being told what to do,

workers are given purposes or work with their team leaders to set goals and then have the

freedom to choose the best approach for attaining the goals. To begin, teams maximize human

resource utilization by providing enterprises with access to personal knowledge and talents.

The team collaborating outside the organization introduces new ideas regarding innovation and

invention. Also, there is the adoption of a new set of skills and knowledge obtained from other

team members.
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Kirkman and Shapiro (1997, pp.730-757) uphold that teams result in enhanced work satisfaction,

motivation, and employee engagement since they include a broader range of duties and more

involvement by team members. The result is reduced personnel turnover and absenteeism, lower

organizational expenses, and improved retention or skill set.

The Consequences of Poor Collaborative Working

Teamwork implementation is primarily a process of organizational transformation and growth.

As a result, teams are vulnerable to all difficulties throughout any corporate transformation

process. In particular, employee resistance is more likely to occur when workers are asked to

work with other staff that they are unfamiliar with. Field & Swift (1996) observe that teams often

confront challenges that impair their performance and, more significantly, their capacity to make

positive choices. Because the team may lack common goals or objectives, as previously noted, it

is critical to define precise goals.

Poor collaborative working conditions within an organization can spur reduced output and input,

leading to increased margin losses. There may be issues with "collectivism" and conformity

pressure, as well as the possibility of an increasing dispute over decision-making. Without

sufficient team planning and preparation, teams cannot work successfully to build and achieve a

common goal. Additionally, there are difficulties resulting from a lack of communication,

personal conflict, and an overreliance on giving and take relationships.

Team collaboration enhances group performance via improved communication, conflict

resolution, and increased cohesiveness and engagement between work team members. A healthy

work-life balance helps firms function more smoothly and efficiently, particularly in disputes
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and consulting, stress management, peace-building, recruiting and turnover, strategic planning,

corporate reputation, and identity.

To sum up, creating and maintaining teams in a business requires significant organizational

transformation and thought, including the team members, leaders, and the organizational

structure and culture are affected.

Due to the magnitude and extent of the modifications, team collaboration and implementation

will be a protracted process uptight with difficulties. However, the advantages are substantial,

and the teams responsible for implementation lack the meaning of reverting to their prior

arrangements. Irrespective of the obstacles, good team collaboration has several advantages for

companies.
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