In 57 paragraph please ethical issues within Honda Motors an

In 5-7 paragraph please ethical issues within Honda Motors and what principles of ethics and integrity should be included in Honda Motors business decisions?

Solution

Ethical issues within Honda Motors:

Honda motors is the Japanese MNC which was formed in 1946 for the manufacture of the automobiles, aircraft, motorcycles and power equipment’s. This company has the best market of its product in the USA. It generates much more revenue from the sales of its product mainly in USA.

The ethical issues found when the company has done something done wrong or unethical. The company has many issues and controversies over the years during its journey. The company had been found that they were indulge in the issue related to Takada airbags usage in the vehicle. The Takada company which was the largest maker of airbags was pointed out as the isolated manufacturing problems with their products.

The Honda company firstly discarding this issue but later after the death they had rolled back its products from the market. But the company strategy was different. Both the company were in the determination of the propellant used in the airbags may inflate the airbags weather it is the root of explosion. They did not alert the public. As the public is the major contributor to the business success but the company hides the information.

The aim of the company was to be the market owner but the ethical way of doing business would sustain in the long run. The unethical direction leads to the deterioration of the company business and growth. Although it may benefit the company in much profit for the short run.

There are principles which need to be included in the business decision prior to take it. The principle of environment friendliness, sustainability, stability, integrity, effects etc. The principles of ethics deal with the friendliness with the environment of the business. It may lead in the slower growth but in the long run definitely. The ethics which the company has to be maintained in the business as the proper dissemination of the information to the general public. This leads to gain the trust from the public which is the main origin of the success. Take the proactive effects or Plan alternatively while taking decision as what will the implications on the decision which would be effective in future. If the business does unethical they may have the financial benefits.

The principles of the ethics and integrity should be included in Honda Motors business decisions are as Firstly they need to Recognise the Moral issue and gets the facts related to it. Then they need to look for the alternative actions on the various perspectives of the moral. Then make the decision and act but reflect later stages. These principals work for the integrity of the organisation and develop the loyalty and trust with the business.