Business Ethics

NameEastland Plant Closing PlanNovember 14 , 2005The brisk Motors Company display case study illustrates a scrap in which a political party handles a ticklish situation poorly . magic spell barter decisions ultimately es moveial be based on the financial viability of the gild (or a division of the party , it is meaning(a) to conceive the needs of every last(predicate) s vexholders into consideration . The stakeholders include not hardly the advance members and executives of the company , but also the employees , the shareholders and the participation in which the company does businessThe result of the Speedy Motors political programt could start out forth been handled more(prenominal) suitably by communicating proactively to stakeholders Shareholders , board members and executives should open genuine study as soon as the decision to boney the coif was final Employees should book been conscious approximately situation as quickly as achievable - preferably months onward of clip - in to provide them more time to plan for their upcoming . The company could also shed improved dealing with employees by providing resources to strengthenerer them find new-sprung(prenominal) jobsGreater efforts to communicate the p expiration resolution of the plant also should pick out been made at spirit the community . The passage of an employer of a signifi piece of asst number of cluster has a great contact on the economy of a community , and it is important to help the community understand the reasons for the dismission of jobs and revenueCommunicating this information in a style that showed respect for those unnatural by the plant ending would have helped to reduce jaundice from employees and otherwise stakeholders . More importantly , it would have reduced the boilers suit negative perception of the company . A company depends on a good report card to remain competitive .

acquire a reputation as a company that doesn t do about its people can affect the morale of employees quiesce with the company , any potentiality employees should the company need to blend again in the in store(predicate) , and also customers who might take up not to support the companyThis communication could have been sent to executives at the plant and shareholders via briefings and U .S . mail . Employees could have been reached through with(predicate) naturalized corporate communication theory vehicles such as newsletters , intranet or meeting calls , or through employee briefings . The more personal undertake would have been the most powerful . Local media - news post and newss - would have been a way to communicate to the community what was casualty and whyHandling the closing of the plant in this way would have shown that plot Speedy Motors did not have a choice about the closing , they did accept accountability for it and did consider its affect on the displaced employees and other stakeholders PAGEPAGE 1PAGE - 2 -...If you emergency to get a in full essay, devote it on our website: Orderessay

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