ethical_concerns_related_to_the_initiative.docx
Ethical concerns related to the initiatives are widely used and promoted by corporations and businesses, for not just employee morale, but to increase profitability. For General motors, ethical conducts are highly promoted and is in full force for the greatest good of the company. Maintaining a strong and firm financial position, as well as aiming to most likely be the company to emerge as the industry’s leader in production and profitability. General Motors knows that part of maintaining an ethical standing, is to meet and exceed current obligations, such as the company profitability ratios, while working towards its profit maximization. Shareholders, employees and investors are trusting General Motor to make decisions that will allow its profitability ratios to not fall too far below the industry average. These initiatives can be in many different forms, and effectiveness, which are being determined by the company. Maintaining a strong work ethic among employees, shareholders, and investors is essential to increasing profitability. For a corporation to be profitable and successful, strict rules and regulations have to not just be in place, but will need to be followed by everyone. Teamwork has become a primary goal in many corporations, indicating its effectiveness in maintaining industry competitiveness. Being a part of a team, often times leads to an increased work ethics. This is an initiative that tends to support people and motivate them to a greater effort. Ethical initiative also is implemented towards the company profitability ratio, to make sure that the company is in accordance with shareholders expectations. If profit margin falls below the industry average, then decision makers should be concern and look into ways of improving this.
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