Business ethics and environment Assignment Example | Topics and Well Written Essays - 500 words - 1

Business ethics and environment - Assignment ExampleIt also strongly advocated for the principle that companies should embark on fair pricing so as to improve the economy and attract investment. In addition, it advocated for employees by stating that they should be respected and treated with high regard. It believed that by doing this then one would increase employee output signal and reliability. This would in return amount to better quality work done. Subsequently, the company will make returns. The prime problem of this assumption is that the employee may fail to bring through when they feel that respect for them lacks.Indeed, Shareholder encourage Management and Stakeholder value management are quite different in aspect. Shareholder tax Management stresses more on the principle of profitability over certificate of indebtedness, and the organizations are seen as tools that are to rake in profits. On the other hand, Stakeholder Value Management believes in the principles of r esponsibility for profitability (Denning, 2014). While Shareholder Value Management deals more with issues targeting at how a corporation can manage to rake in more profit, Stakeholder Value Management seek to deal with the main issues, which hamper effective productivity. Additionally, it offers to bring solutions, which can improve the overall situation. Focusing on profitability seeks to look for short-run solutions that will ensure quick profits. The prime focus of the former is to concentrate on profit margins, while the latter digs deeper and seeks to offer practical solutions to these issues at hand (Carroll, & Buchholtz, 2015). The satisfaction of the employees and the clients as well is the priority of the latter while the former seeks to please the bigwigs with impressive figures.The major issues leading to failure of the Shareholder Value Maximization were that the emphasis was placed on returns, and this resulted in a workforce, which was not producing results as per th e expected outcomes.