Part one
Apple is a great example of a company making moral decisions. It is widely known that the brilliance and innovation of Steve Job is a major key to the company’s success. Although, Jobs quickly earned himself a reputation for being difficult to work with due to his dedication to getting every detail right at the expense of his team’s feelings and deadlines (Weinburger). In 1985 Jobs was let go by Apple in which each party had a slightly different story as to exactly why he was let go. Believe it or not Apple wasn’t always at the top. It was until the company released the iMAC in 1998 and in 2000 they had announced Steve Jobs as their CEO. Apple hasn’t looked back since that year and they continue to dominate the tech world.
Part Two
Chick-fil-a is a great example of a company that made a business decision by closing their doors on Sundays. The company is widely known for their great tasting chicken which is recognized as a high-quality fast-food option. It is commonly known that Chick-fil-a has strong Christian roots as well. Closing on Sundays does prevent the company from generating any sort of revenue, but it also allows their employees to take a physical and mental break from the stress at work.
Part Three
The decision to not be open on Sundays by Chick-fil-a is one of many reasons for their success. When employees are permitted a designated day off each week it allows individuals to recharge and reset for upcoming week. Personally, I believe this is one reason as to why Chick-fil-a is known for their fantastic customer service.
The executives at Apple knew that Steve had a passion and determination to create devices that people had never seen before. The company knew that if they wanted to repair the company, they needed his mind to innovate and provide influence. I am confidant to say that without Steve Jobs returning to Apple, the company would have failed.
References:
https://www.businessinsider.com/chick-fil-a-closed-on-sunday-business-strategy-2019-6
Part 1(b)(Must be 100-200 words, use websites that are based in the United States and in text citations)
Many business decisions are made in marketing, sales, operations, and human services. Each decision is made with keeping profitability in mind (Ahmed, 2020). Business owners and leaders will want to examine decisions from an ethical point of view. Corporate executives should balance the interests of all stakeholders, shareholders, employees, customers, suppliers, and the community in which they operate (Thompson, et al, 2020, pg.274). In doing so, the concept of corporate social responsibility is displayed.
Chick-Fil-A has made a moral decision to pay up to $25,000 in tuition assistance to its employees. Moral decisions such as this is good example of how the fast-food chain treats its employees (Moore, 2021). These types of moral decisions not only help create a work environment that enhances the quality of life for employees but are typically linked to a company’s core values (Thompson, et al, 2020).
In 2014 CVS Health decided it would no longer sell cigarettes in its stores. Some may view this decision as a risk for the pharmacy. The decision ended up benefitting the company. CVS was more concerned with becoming of a health care company (Bomey, 2019). Both examples of the ethical decisions made by Chick-Fil-A and CVS Health were very good decisions in my opinion.
First, Chick-Fil-A has become has now become America’s third largest fast-food brand (Moore, 2021). In 2017 the chain ‘s sales grew twice the growth rate of Wendy’s and Burger King combined. Treating employees well has paid off for Chick-Fil-A as 60% of the tuition recipients claim they could not have attended college without company help. 90% of the employees who receive the tuition claim they will keep working for the company (Moore, 2021). The CVS decision correlated into almost 100 million less packs of cigarettes sold in states where the company had a market share of more than 15% (Bomey, 2019). Eventually CVS would purchase the giant health insurance company Aetna and create a new concept of the store as more health care and less retail.
References:
Bomey, N (2019, September,3) How Quitting Tobacco Reshaped CVS Retrieved from: https://www.usatoday.com/story/money/2019/09/03/cvs-pharmacy-tobacco-sales-ceo-larry-merlo/2151148001/
Moore, B. (2021, August 25) 10 Great Examples of Ethical Decision Making In Business Retrieved from: https://www.greatworklife.com/ethical-decision-making-in-business-examples/
Thompson, A., Peteraf, M. A., Gamble, J. E., & Strickland, A. J. (2020). Crafting and executing strategy the quest for competitive advantage: Concepts and cases (22nd ed.). McGraw-Hill Education.
For part 2a and 2b you will need to evaluate the presentations. Please add to it basically, not say the same thing the student stated in the Presentation. Please use references that are websites and based in the United States. And use in text citation must be between 75-150 words.
Part (2a) is West Side Story powerpoint which is attached.
Part (2b) is Fences by August Wilson which is attached
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