A. Wall Street Journal, “The 100 Most Sustainably Managed Companies in the World,” Link: https://www.wsj.com/articles/the-100-most-sustainably-managed-companies-in-the-world-11602507298?mod=management_lead_pos4 (Links to an external site.)
B. Wall Street Journal, “Rethinking the Employer-Employee Relationship,” Link: https://deloitte.wsj.com/articles/rethinking-the-employer-employee-relationship-01628713474?mod=Searchresults_pos16&page=1 (Links to an external site.)
Please review the assigned materials before answering the questions below.
Questions: —————————————————
- The Wall Street article (A. The 100 Most Sustainably Managed Companies in the World) discusses how Philips creates social capital for its program to take back and resell every medical machine that sells. The goal for Philips is to extend the useful life of each device and offer customers lower prices without compromising quality. Discuss how two other companies mentioned in the article have achieved a ranking in the top 100.
- The ISM Code of Ethics on pages 617-618 of the textbook has been regarded as a critical guide for this organization’s members (I am a member of this organization). Compared to other managers, many purchasing managers are often required to spend additional time training in ethics. Why is ethical conduct so crucial for organizations that employ purchasing managers?
- Please review the ISM Principles of Sustainability & Social Responsibility in Exhibit 15.5 on page Please identify three principles from this list that can be identified in the Wall Street article (B. Rethinking the Employer-Employee Relationship). Why are these principles important for all businesses in the future?
- Please post an insightful question about supporting ethical behavior in organization in the future.