Influence Culture and the Competitive Environment
Ethics refers to the moral principles and values guiding individual and collective behaviour in making decisions and determining right or wrong. In the context of organizations, ethics plays a crucial role in shaping how they conduct their operations and interact with various stakeholders, including employees, customers, and the broader society (De Bakker et al., 2019). Culture profoundly influences ethical decisions within an organization. Organizational culture sets the tone for acceptable behaviour and values, shaping employees’ ethical judgments and actions. According to Blundo-Canto et al. (2019), a culture that prioritizes transparency, honesty, and integrity tends to foster ethical behaviour, while a culture that values profit above all else can lead to unethical actions, such as fraud or exploitation. Also, a competitive environment exerts a significant influence on ethical decisions. In highly competitive industries, the pressure to gain a competitive edge may tempt organizations to engage in unethical practices. The fear of losing market share or profitability can lead to decisions that compromise ethical standards. However, ethical behaviour can enhance a company’s competitive advantage in the long run by attracting ethical consumers and fostering trust among stakeholders. Do you need urgent assignment help ? Get in touch with us at eminencepapers.com.
The Core Values of the Three Competing Brands
| Company | Apple Inc. | Samsung Inc. | Huawei Technologies |
| Core values | 1. Honesty- All business dealings are made ethical by adhering to honesty
2. Respect- All company stakeholders are treated with respect 3. Confidentiality- All customer and company information is kept safe and confidential 4. Compliance- All business decisions are made in line with governing rules and regulations |
1. Integrity- All business dealings are centred on integrity
2. Co-prosperity- The company prioritizes prosperity for all 3. People- Attention is paid to people aspects because they drive the company’s growth 4. Change- Change is considered a major core value for business success |
1. Customers First- The company exists to serve customers
2. Dedication- Dedication is at the centre of winning customer trust 3. Continuous improvement- The company seeks to improve its values to customers continuously 4. Integrity- Integrity guides all business dealings |
The companies above are competitors in the technology sector. They are all reputable in producing excellent technological products such as mobile phones and computers for the target market. Considering the core values identified, it is apparent that the companies are competing on the core values front. Therefore, no brand among them will be willing to sacrifice the commitment to ethical conduct in the competitive landscape. For instance, the core values of Apple Inc. align with the corporate culture of making great products, as spelt out by the company CEO, Tim Cook (Mickle, 2020). The same can be said for the other two brands, as indicated for every core value identified.
References
Blundo-Canto, G., Triomphe, B., Faure, G., Barret, D., De Romemont, A., & Hainzelin, E. (2019). Building a culture of impact in an international agricultural research organization: Process and reflective learning. Research Evaluation, 28(2), 136-144.
De Bakker, F. G., Rasche, A., & Ponte, S. (2019). Multi-stakeholder initiatives on sustainability: A cross-disciplinary review and research agenda for business ethics. Business Ethics Quarterly, 29(3), 343-383.
Mickle, T. (2020). How Tim Cook made Apple his own. The Wall Street Journal, p. 7.
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Question 
In this assignment, provide a thorough analysis of the term ethics and explain what influence culture and the competitive environment have on ethical decisions in the organization.
Influence Culture and the Competitive Environment
Research three companies’ websites and provide a list of core values for each. Your research should focus on the same industry type. For example, Home Depot, Lowe’s, and 84 Lumber are all companies that sell products to contractors and individuals.
In your research, do the core values align with the structure and culture of the organization? Explain in detail.
Be thorough and list your references in APA Format.