Business Is All About Decisions Essay

Business Is All About Decisions Essay

Length: 814 words (2.3 double-spaced pages)

Rating: Better Essays

Open Document

Essay Preview

Business is all about decisions. There are decisions regarding staffing, products, contracts, and policies just to name a few. Executives are plagued with an enormous amount of pressure to make the right decisions on all accounts. When one adds in the legal aspects applicable to business, the job of the executive becomes all the more difficult. There are both federal and state laws applicable to almost every size and type of business. At times, the law is not clear and concise resulting in a need for interpretation. This interpretation is provided through the courts in the form of case law (Kubasek, Browne, Herron, Dhooge, & Barkacs, 2016). As judges decide cases, their opinions or interpretations become law (Kubasek, Browne, Herron, Dhooge, & Barkacs, 2016). Businesses can be particularly vulnerable in the area of employee, discrimination, and consumer law, therefore a review of case law in these areas can help ensure the business maintains compliance.
Employment Law
Employment law can be a concern for businesses due to the sheer number of laws falling within the category. The relationship between an employee and employer has not always been healthy, therefore laws were created to protect the employees. There are several examples of the impact employment case law can have on a business, although the case of City of Ontario, California v. Quon (2010) shed some much needed interpretation onto the area of employee privacy. The Ontario Police Department provided text enabled pagers to officers and after months of overages, decided to pull text message transcripts to determine whether the text message limit needed to be raised (City of Ontario, California v. Quon, 2010). Upon pulling transcripts, the Department found many of the messa...


... middle of paper ...


...place to protect the safety of consumers. This case proved that a business could be liable for hackers gaining access into a system if there was a gross disregard of cybersecurity standards.

Conclusion
Part of running an ethical, legal company involves the evaluation of all laws applicable to the business. However, at times, the laws are not clear and portions or even entire sections are left up to interpretation. This causes several issues for business working to remain ethical and compliant. Through the use of case law, the courts provide an interpretation of unclear areas of law which can help to protect the business. The precedents set by case law provide helpful clarifications necessary to conduct business in a compliant manner Case law should be read critically and closely to determine what impact the decision has on the business and the industry as a whole.

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Essay Micro And Macro Environments : Factors That Affect Business Decisions

- As managers invest their resources into their company it is prudent to conduct a proper analysis of the market. Particular attention must be given to the factors that can and to pose a threat to the longevity of their enterprise. Micro and macro environments are the two major forces that affect business decisions. A strategic prospective of each entity enables the marketers and the company by extension, to stay ahead of the competition. The micro environment encompasses all the entities that affect the function ability of the enterprise....   [tags: Marketing, Marketing strategy, Business, Activism]

Better Essays
1026 words (2.9 pages)

Evaluating Business Decisions On Social Media Essay

- 3.0: Evaluating business decisions. 3.1: Social media channels. Criteria explanations. Most effective social media solution. The most effective social media solution and tool is Facebook. Through analysing the decision making matrix it becomes obvious that Facebook has topped every one of the criteria and it is ranked number 1 above all other social media solutions. In addition to this, Facebook has the most number of people connecting on it throughout the world in comparison to the other applications....   [tags: Advertising, Social media, Facebook, Mass media]

Better Essays
1387 words (4 pages)

Critical Thinking and Business Decisions Essay

- Critical Thinking and Business Decisions Our basic concept of critical thinking is, at root, simple. We could define it as the art of taking charge of your own mind. Its value is also at root simple: "if we can take charge of our own minds, we can take charge of our lives; we can improve them, bringing them under our "self-command" and direction (McCall and Kaplan, 1990)." Of course, this requires that we learn self-discipline and the art of self-examination. This involves becoming interested in how our minds work, how we can monitor, fine tune, and modify their operations for the better....   [tags: GCSE Business Marketing Coursework]

Better Essays
991 words (2.8 pages)

Good Decisions and Information in Business Essay

- Introduction In business, making good decisions requires the effective use of information. Business Decision Making provides the opportunity of learning a variety of sources and develops techniques in four aspects of information: data gathering, data storage, tools available to create useful information and presenting. Moreover, using appropriate IT software and spreadsheets for data analysis and the preparation of information provides the advantages of using information systems which is currently used at all levels in every organization....   [tags: Business Decision Making, Success]

Better Essays
1167 words (3.3 pages)

Ethical Decisions in Business Essay

- Throughout the ages businesses have developed through technological advancements and innovative ideas but there has always been a common struggle that they are faced with, ethical decisions. Everywhere we look there is some level of ethical deterioration (Norman V. Peale, 1988), immoral millions made through inside trading information, a day hardly passes without the head of some major organisation who has been involved in some aspect of an ethical dilemma. This essay will break down why businesses struggle with ethical decisions but before examining such a sensitive issue we must understand what an ethical decision really is....   [tags: business, ethics]

Better Essays
2254 words (6.4 pages)

Using Biblical Principles For Making Wise Business Decisions Essay

- ABC Company is a small contract manufacturing business. They are located in a small town and employ 33 people. They own an 80,000 square foot building that is built on 66 acres. They manufacture their own product and also do contract manufacturing for other customers. ABC Company has been approached by a new customer requesting ABC Company to manufacture their product with the new customer’s brand name. At this time, ABC Company is running the manufacturing line for this product for another customer and is running at capacity on first shift....   [tags: Business Expansion]

Better Essays
1993 words (5.7 pages)

The Consequences of Bad Business Decisions Essay

- In today's world business is very competitive. To compete with other company's executives have turned to corrupt practices. Once respected businesses like Enron, WorldCom, and Arthur Anderson have been found deceiving there customers, stockholders, and employees. C.E.O.'s try to achieve the American dream and pursue capitalism to its fullest potential. In doing so, business leaders have lost their values and ethics, and make bad business decisions. The downfalls of a company are the consequence of C.E.O.'s bad decisions....   [tags: Marketing]

Better Essays
1312 words (3.7 pages)

Affect of Cultural Values And Personal Ethics in Business Decisions Essay

- Personal, organizational, and cultural values can create a difficult problem when trying to make a business decision that includes all the previously stated. Personal values are what each individual holds dear to them living the types of lives that he or she like and would like to lead. Organizational values are what are best for the company to maintain a good public image and employee guidance. Cultural are set on traditions handed down from generation to generation to preserve a way of living that each culture holds dear and true to them....   [tags: Business Ethics]

Better Essays
1227 words (3.5 pages)

Essay about Ethical and Moral Decisions in Business

- Ethical and Moral Decisions in Business Ethics alone tend to be defined as a moral code of conduct that is perceived to be the right thing to do. An ethical decision means doing what is right, as apposed to assessing the most profitable course of action. In the past, free market ideology was that corporations were kept responsible to customers, shareholders, workers and society by customer and investor behavior, seen in share price. Millions of individual “voters” in the market place ensured they behaved....   [tags: Business Ethics Morality Papers]

Better Essays
1560 words (4.5 pages)

Essay on Decisions in Paradise Business Scenario

- Decisions in Paradise Business Scenario The decision making technique to be applied for current situation in the country of Kava should be the ‘Six Thinking Hats’. Six thinking hats is a powerful technique that helps to look at important decisions from a number of different perspectives. It helps to make better decision by pushing one to move outside their habitual ways of thinking. It helps to understand the full complexity of the decision, and spot issues and opportunities to which one might otherwise be blind....   [tags: Business Management Analysis Strategy]

Better Essays
1151 words (3.3 pages)