Business Ethics, Governance and Social Responsibility Assignment - 1

Business Ethics, Governance and Social Responsibility - Assignment Example 36). Moreover, corporate social responsibility has over the decades become a prominent cornerstone for most institutions of the world (Valenti et al., 2014, p. 1). Corporate social responsibility has recently been viewed as one of the fundamental practices that have contributed to the success of most organizations of the world (Lindgreen et al., 2009, p.14). Different scholars have argued that there is no single organization that can achieve its goals and objectives without practicing proper business ethics, proper corporate governance and properly implementing corporate social responsibility (CSR). Further, it is through corporate governance that proper business ethics and corporate social responsibilities are implemented in a company. Over the decades, Boeing has grown to be one of the largest automobile manufacturers of the world. It has also grown to be one of the best companies globally. The company has provided employment for more than one hundred and sixty eight thousand four hundred American citizens. The company has a good track of corporate governance and leadership since it was founded in 1916. Recently, Boeing Company won an award in 2012 following its continued interest in building better communities of the world. Nevertheless, one of the core values of Boeing Company is to do business with the highest possible ethical standards while at the same time honoring all of its commitments to its shareholders. Boeing management is mandated to treat all of its customers with fairness, trust and respect. Not long ago, Boeing was forced to fire two of its executive officers when the company was found in possession of documents that belonged to one of its competitors and were to be used in favor of winning a contract from the government. The two employees strongly violated the company’s code of conduct and this highly damaged the

The Effects of Migration on the Labor Market in Bucharest Research Paper

The Effects of Migration on the Labor Market in Bucharest - Research Paper Example This research will also be descriptive and explanatory because descriptive data will be collected from the internet, businesses, individuals and journals on the subject area. The effects of migration on the labour market in Romania are an interesting topic for discussion, given the country's recent accession into the European Union (EU) in 2007 (Kotzeva and Pauna 2006). For instance, Romania is considered to have a high percentage of low-cost labour, which would affect other EU members' labour markets (Kotzeva and Pauna 2006), however, the greater issue is that of the highly skilled market. It's accession into the EU also meant that the labour market in Romania had to become flexible in order to meet market demands and development (Kotzeva and Pauna 2006), but this was a task on its own given the low cost base. Between the years 2000 and 2004, Romania experienced an increase in unemployment of 5% which was attributed to its policies of limiting real wage adjustment at a time of employment decline (Kotzeva and Pauna 2006). ... This increase in unemployment could be attributed to the non-employment of various groups within the community, such as women and those in their old age. For instance, in the UK and other countries it is widely accepted that women make up the bulk of the part time working industry. However, the World Bank (2004) reports that the participation of women in the labour market, has declined due to feeling discouraged with the lack of employment opportunities. This demonstrates that the labour market in Romania, is probably one which caters for a select few. In addition to this, the labour market is threatened with decline as Romania is experiencing a negative population trend (World Bank 2004) which further depletes the labour pool. This brief background to Romania's labour market is particularly important for studies into the hotel and hospitality industry which are labour intensive industries. The hotel industry will depend largely on the tourist potential of Romania, which it already has, in the form of protected national parks, the Black Sea coast and other eco-heritage sites. However, the flow of tourists to the country is low (Pop et al 2007) which means that the hotel industry is not operating at its peak capacity. The implications this has for labour is that, more employees are made redundant, as well as job positions due to a long-term decline in business. The other implication is that, the hotel industry ceases to become a desirable employment destination. It can be argued that other countries have periods of low activity and low hotel occupancy, however, the hotel industry thrives in other countries because of the level of