Tuesday, February 11, 2020
Buddong System Case Study Example | Topics and Well Written Essays - 1000 words
Buddong System - Case Study Example Though the company headquartered in New South Wales, it became able to present its products in varied parts of the world in a very efficient way. It is mainly due to high-level of dedicated and committed employees, who always try to fulfil the requirements of the customers and leads to the betterment of the organization. Due to which, its range of profit margin and ROI tends to increase day by day to a significant extent as compared to others. Along with this, the level of reputation of the organization also enhances to a considerable extent as compared to others (Rosengren, 2000). However, due to certain communication and ethical issues and problems, Buddong system failed to maintain its sustainability, due to which its competitiveness also reduced considerably. Side by side, due to lack of proper communication among the members of the organization, the morale and dedication of the employees are declining day by day resulting in downfall of the entire organization in long run. Criti cal Analysis Ethical and Communication Issues Ethics is also described as the moral philosophy that helps an individual to perform the accurate things in accurate time. It also involves defending and recommendation accurate facts and opinions to the peers and other members of the organization so as to achieve the goals and objectives of the organization.... deas that help an organization or its members to improve its portfolio or profit margin along with the level of dedication and commitment to perform the work. Not only this, corporate ethics that helps to increase the strengths of the organization thereby reducing, its weaknesses in this competitive market among other rivals. Apart from this, appropriate ethical conducts also need to be followed within the organization within its entire hierarchical process so as to enhance the productivity of the organization in the market among other rivals. Only then, the level of sustainability of the organization (Buddong System) might get enhanced in the future run. However, after reading the case study, it may be analyzed that proper corporate ethics is not followed within the entire organizational hierarchy. The CEO of the Buddong System, Mr Ken Young advised his financial officer, Simon Cheng to present $ A 200,000 as a bribe to the officials of Absurdastan so as to extend its mode of operat ions. Along with this, it also helps in increasing its market position and brand image of the Buddong Systems in the market among other competitors. But, Simon Cheng was not at all happy with the decision of Ken Young as he always desired to follow ethical paths in each and every sort of situations. So that, he might remain ethical at the time of tough situation, that is extremely essential on the part of an officer or manager of an organization. This is because the officer or CEO of the organization is just as the driver or controller of an engine, who drives the car or organization in accurate way (Warren & Fassett, 2010). But if, he or she follows the wrong path then the entire organization might move in wrong way resulting in is downfall among all other organizations. So, it is
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