Question

In: Operations Management

One of the concepts discussed in our textbook is the differencebetween compliance-based and values-based culture....

One of the concepts discussed in our textbook is the difference between compliance-based and values-based culture. The compliance-based approach tends to focus only on what is legal or the minimum that is to be expected to be in compliance. The values-based culture, on the other hand, is "[a] corporate culture in which conformity to a statement of values and principles rather than simple obedience to laws and regulations is the prevailing model for ethical behavior." (Hartman, DesJardins, & MacDonald, 2018, p. 119).

Based on this description and the nine principles of ethical decision making, can you give an example of a business-type situation that you can apply both concepts? Please provide references

Nine principles of ethical decision making:

1. Integrity of an organization and management

2. Establish the facts about the situation

3. Decide whether the situation involves legal or ethical issues

4. Identify your options

5. Choose the ethical one

6. Implement decision

7. Analyze the professional competence of an individual who is taking decision

8. Confidentiality should be there

9. Professional behavior of management

Solutions

Expert Solution

After clearly analysing the scenario of Compliance-based and Value based culture,I think the best situation of business to apply these both cultural norms is the BABY PRODUCTS BUSINESS...

Reason for my opinion:

When applying the Compliance based culture :

The baby product business is one of the crucial and reliable business to undertake as if once the trust is broken of a baby product brand, regaining that back is too difficult.Hence certain rules and strict conditions should be applied for this business such as Using quality ingredients that are not harmful or allergic to the baby,strictly clean maintanence of the factory unit, a very good testing unit of the final product.Hence we can see that there are certain conditions and orders the business need to follow which is what a compliance based culture tells about.

When applying the value based culture:

As we all know..babies are the most innocent creatures of the world,hence there are some international or emotional values and norms we have in our head when using a product for a baby.Since all humans have a heart, no any kind of adulteration happens in this business dealing with the baby products for sure.Moreover, every parent prefers the BEST for his/her baby and hence no any company would play by leaving the value based culture in this kind of business.

Hence we can surely say that business ethics(including ethical principles) would be maintained both due to compliance based and value based culture in case of a business situation dealing with baby products.


Related Solutions

The benefits and costs of globalization sound very straightforward as discussed in our textbook. Yet, there...
The benefits and costs of globalization sound very straightforward as discussed in our textbook. Yet, there are complexities to consider as companies attempt to sell their goods and services in a global economy. (These complexities also apply to NGOs and IGOs that attempt to provide services globally.) Should for-profit businesses attempt to reach only affluent markets, or is there reason for them to pursue customers and clients at the base of the pyramid (BOP)? Conduct research to support your answer...
Describe the three pricing methods discussed in the textbook (cost-based, demand-based, competition-based).
Describe the three pricing methods discussed in the textbook (cost-based, demand-based, competition-based).
As we discussed in our class the notion of organizational culture, structure and styles of management...
As we discussed in our class the notion of organizational culture, structure and styles of management from the perspectives of Handy’s (1976) and Miles & Snow (1978). These authors provided their frameworks that are different from each other’s. What you have to do: Take an organization with which you are familiar or imaginary organization and evaluate & relate or apply Handy’s and Miles & Snow’s typologies (scientific/logical classification/steps of organizational culture, structure and styles) that they provided in their approaches...
This introspective assignment is based on the various concepts that you have studied from your textbook...
This introspective assignment is based on the various concepts that you have studied from your textbook The Ethics of Leadership. Write a 350- to 500-word report sharing what you learned about ethical leadership from Chapters 1 and 2 of the textbook. You will be assessed on the American Psychological Association (APA) citation style, grammar, and content organization. Cite specific ideas from the textbook in your report. Ciulla Reading Concepts
One of the values of the sort of approach to culture in the world system made...
One of the values of the sort of approach to culture in the world system made possible by practice theory and related developments in anthropology is that it allows us to recognize peoples like the contemporary Kayapo or the Kwakwaka’wakw as: Indigenous Modernities Billiard Ball Polities Isolated Villagers Disappearing Worlds Our contemporary ancestors According to David Miliband, most of the world’s refugees reside In western countries. In Asia. In the poorest parts of the world. All of the above. None...
Select one type of Probability sampling discussed in your textbook and provide an example of how...
Select one type of Probability sampling discussed in your textbook and provide an example of how you could use this sampling strategy to conduct a research study. What would be the strengths and weaknesses of your selected strategy in terms of external validity and sampling error?
Muslim consumer behaviour is based on values, norms and culture in Islam, where the choice and...
Muslim consumer behaviour is based on values, norms and culture in Islam, where the choice and priority for a product are influenced by belief in the Holy verses of Al Quran and Sunnah. Therefore for a Muslim user, avoidance of conspicuous consumption is a priority. a)  Discuss what conspicuous consumption means in the statement above. b) If a product is marketed specifically as a luxury symbol, does it mean that the product cannot be marketed to Muslim consumers? Elaborate your answer...
One of the key concepts we have discussed this semester is the concept of “Elasticity”. Generally...
One of the key concepts we have discussed this semester is the concept of “Elasticity”. Generally speaking, elasticity is simply a measure of how responsive one variable is to a change in another variable. While we have focused on the “own price elasticity of demand”, the “income elasticity of demand” and the “cross-price elasticity of demand” this concept can be extended to a number of different situations. (10 pts) The demand curve for a product is given by Qx=1,000-2Px+0.02Pz,  where Pz...
One of the most important concepts discussed in the text is the moral hazard problem. Even...
One of the most important concepts discussed in the text is the moral hazard problem. Even though this problem cannot be eliminated completely, it can be reduced through various actions such as the Basel Agreements. Submit a summary of these agreements (Basel I, II, and II) using the Web site of the Bank of International Settlements. Briefly explain the moral hazard concept and summarize the three pillars of the Basel Agreements, which are: a. Minimum capital requirement b. Supervisory review...
In this assignment please relate one of the following economic concepts we have discussed to a...
In this assignment please relate one of the following economic concepts we have discussed to a personal experience you have had since the COVID-19 pandemic began. Chapter 1: marginal analysis Chapter 2: trade off Chapter 3: a shift in supply and demand (book: Hubbard and O'Brien 3rd edition Macroeconomics) Your assignment should explain the concept you chose and how it relates to a personal experience over the past couple weeks. I would recommend your response contain 2-5 paragraphs in to...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT