Essay on Seventeen Traditions - 1086 Words

Textual Analysis: The Seventeen Traditions Ralph Naders Seventeen Traditions, published in 2007 is a short and slim 150 page novel. Nader was born and raised in Winsted, Connecticut and is an American political activist, author, lawyer, and lecturer. Nader reflects on the seventeen traditions that shaped his life as a child of Lebanese immigrants, growing up in a small town. The traditions reveal the importance of social values and the role families play as the transporter of those values which explains Naders purpose that, traditions offer guidance and inspiration for the parents, children and grandchildren of today. This novel not only reveals much about Naders own life and values, it also challenges the reader to†¦show more content†¦I strongly believe that eating together as a family is more important today than in the past because of the competing distractions from technology, more activities outside the home and the variety of convenient fast food restaurants. As Nader states, â€Å"Were drowning in photograp hs and videos, capturing every mundane moment of our birthdays, holidays and vacations. Yet these can be no more than pleasant distractions, only scratching the surface of our real relationships.† Sharing stories around the dinner table can have a more powerful and lasting impact that digital technology. In todays society children are learning about the world from many different sources; therefore, the only opportunity to communicate as a family is at the dinner table. Children need a shared, safe place to discuss ideas within the understanding company of a family and parents need time to connect with their kids. I live in a busy household with 3 siblings who all play sports and have part time jobs aside from getting an education. Unfortunately, we do not eat dinner together every night due to our busy lifestyles, but we all try to sit down together every Sunday night. This tradition has existed for many years and isShow MoreRelatedRalph Nader’s Life Lesson in The Seven teen Traditions753 Words   |  3 PagesRalph Nader’s book, The Seventeen Traditions, discusses several traditions, seventeen in total, which the author learned from his parents, siblings, and other individuals in the community and draws certain inspiring life lessons for the current society. The book is genially human and full of sensory chronicles. Through the key traditions outlined in the book, Nader looks back at his Lebanese background and childhood experiences that directly shaped his worldview. This review analyses some of theRead Moreseventeen traditions Essay1003 Words   |  5 Pagesï » ¿Tradition normally means time transcendence passed down from elder generation to younger generation. In the book â€Å"The Seventeen Traditions† written by Ralph Nader, Nader explains many different kinds of traditions learned from his parents and family. The central idea is that tradition enriches the human experiences and gives a value building one’s personality and character beyond power and money. These days’ people are too busy to consider what is really important in their lives or what theyRead MoreObanua Ogugua Critical Analysis1850 Words   |  8 PagesInterestingly, it is clear now that the author might not have been interested in portraying the polygamy in the novel in the literal sense, but deftly twists the novel to largely accommodate his message on the immiscibility of tradition and modernity. And what better way to effect this than through the element of marriage? He marries the societal constructs together to show the ghastly effect of having them so close together. We also, however, must not ignore that there is actually a message on polygamyRead MoreSeventeen Syllables by Hisaye Yamamoto1544 Words   |  7 PagesSeventeen Syllables by Hisaye Yamamoto Writing about integration into a completely different society and, even a completely different world, is, in my opinion, very difficult. To be able to really well describe all the feelings and conflicts which, unfortunately, are present while speaking about such an issue, one needs some own authentic experience, and since the author of this short story is of Japanese origin, there is a very good chance of reading a great piece of work. â€Å"SeventeenRead MoreThe Body As Attire, By Dorothy Ko953 Words   |  4 PagesIn 1997, Dorothy Ko published an article in the Journal of Women’s History called â€Å"The Body as Attire: The Shifting Meanings of Footbinding in Seventeen-Century China†. The article is organized with a brief introduction as to what footbinding is, the negative outlook on this practice due to problematic archives, and then she discusses the examples she gives to support her thesis. Ko’s thesis was â€Å"Chinese elite males in the seventeenth century regarded footbinding in three ways: as an expressionRead MoreThe Candie s Foundation Advertisement1727 Words   |  7 PagesThis paper will analyze the Candie’s Foundation advertisement found in the Seventeen magazine. The advertisement is directed to the teenage audience, and its message is to avoid teenage pregnancy. The Candie’s Foundations is a non-profit organization that prevents teenage pregnancy by provid ing information and making campaigns. The advertisement will be examined by the use of logos, pathos, and ethos. These three different appeals will help to describe and understand each part placed in the advertisementRead MoreWomen During The Centuries Of Women1534 Words   |  7 Pageshundreds, the first colonies such as that of Jamestown in sixteen o’ seven, were being founded, so women’s key role was to keep these newly founded households alive and well. Women during this time were also expected to follow and encourage the strict traditions of the churches at this time. Although male figures dominated the churches at this time, some women began voicing their opinions in society. A key figure in the history of women during the sixteen hundreds was Anne Hutchinson. Anne Hutchinson wasRead MoreMother-Daughter Relationship in Seventeen Syllables and Everyday Use1428 Words   |  6 PagesIn â€Å"Seventeen Syllables†, written by Hisaye Yamamoto, and â€Å"Every day Use†, written by Alice Walker, the relationship between the mother and the daughter is portrayed. In â€Å"Seventeen Syllables†, the protagonist, Rosie is an American born Japanese (Nisei) who does not understand well about the Japanese culture, whereas her Issei mother, Mrs. Hayashi was born and raised in Japan and married to America. Mrs. Hayashi loves writing haiku, a traditional Japanese poetry, to escape from the reality of her lovelessRead MorePersonal Response on the On the Rainy River1309 Words   |  6 Pagesdeveloped the principles and character I have today, separation from the culture, language, and traditions that I grew up in, separation from the life I have lived for seventeen years, and separation from the dreams I have dreamed for seventeen years†¦ or is it? Tim and I might have totally different definition of Canada but for both of us the decision to move or to stay was merely just a choice. I lived seventeen years of my life in the Philippines, four years of which is with my mom separated from usRead MoreSimilarities Between Pop Culture And Transcendentalism855 Words   |  4 PagesSimilarity Between Transcendentalism and Modern Pop Culture Even though there is about one hundred and eighty years apart from the year transcendentalism started to the year two thousand seventeen, we can still see many similarities, and some notable differences between these two era. Transcendentalism movement is a philosophical movement that happen in between 1820s to 1830s in the United States. The movement started with Ralph Waldo Emerson, a famous philosopher and writer. The main tenets of the

Placing the Verb Before the Subject in Spanish

As in English, the most common word order in Spanish for the main parts of a sentence is for the main verb to follow the subject, that is, the noun that performs the action of the verb. For example, the following sentences follow the normal pattern: El hombre canta. (The man sings. In this sentence, hombre/man is the subject noun, and canta/sings is the verb.)El aà ±o fue especialmente cà ¡lido.  (The year was especially hot. Aà ±o/year is the subject noun, and fue/was is the verb.) However, in Spanish it is much more common than in English for that word order to be reversed, for there to be an inversion. In general, Spanish is more flexible in where parts of the sentence can be located. This lesson deals specifically with placing the subject after the verb. Here are those most common cases where this phenomenon appears: Inversion of Subject-Verb Order in Questions and Exclamations When a question begins with an interrogative word, also known as a question word, a verb typically comes next, followed by the noun. This pattern is common in English as well, but not as common as in Spanish.  ¿Dà ³nde pueden encontrar informacià ³n los diabà ©ticos? (Where can diabetics find information? Diabà ©ticos/diabetics is the subject of the sentence, while the compound verb is pueden encontrar/can find.) ¿Cuà ¡ndo va à ©l al mà ©dico? (When is he going to the doctor?) ¿Quà © son los cromosomas?  ¿Cuà ¡ntos tenemos los humanos?  (What are chromosomes? How many do we humans have?) When an interrogative word begins an exclamation, the subject also follows the verb:  ¡Quà © desnudos son los à ¡rboles! (How bare the trees are!) ¡Cuà ¡ntos errores cometià ³ à ©l!  (What a lot of mistakes he made!) When a question doesnt include an interrogative pronoun, and the verb isnt modified by an object or an adverbial phrase the standard word order typically is retained:  ¿Se graduà ³ en la universidad? (He graduated from the university?) ¿Va a tener un bebà ©? (She is going to have a baby?) But if the verb isnt modified by an object or phrase, the inverted order is typically used: Son amigos o desconocidos? (Are they friends or strangers?)Desaparecieron tus primos? (Did your cousins disappear?) Changing Word Order Because of Adverbs Because Spanish likes to keep adverbs close to the verbs they modify, the noun can be placed after the verb when the adverb (or adverbial phrase, as in the third example below) comes before the verb. Siempre me decà ­a mi madre que en la vida se recoge lo que se siembra. (My mother always told me that in life you reap what you sow. In the first part of the sentence, the subject mi madre follows the verb decà ­a, which is kept close to the adverb siempre.)Asà ­ era la Internet en la dà ©cada de los 90. (Thats how the Internet was in the 90s.)Cuando era nià ±o me maltrataron muchà ­simo mis padres. (When I was a boy my parents mistreated me a lot.)Con permiso salià ³ la mujer con el coche de mi padre. (With permission, the woman left with my fathers car.) Verbs of Existence Usually Go First The verbs haber (when it isnt used to form a perfect tense) and existir can be used to indicate that something exists. They are nearly always followed by the subject: Existen muchos mitos alrededor del sida. (There are many myths surrounding AIDS.)Solo hay dos opciones. (There are only two choices.)Una vez habà ­a tres hermanos que vivà ­an juntos. (Once there were three brothers who lived together.) Inverting Word Order To Indicate Whos Speaking In English, you can say either Its difficult, Paula said or Its difficult, said Paula, although the former is more common. In Spanish, the latter variation — Es difà ­cil, dijo Paula — is nearly always used. The inverted order is also used with verbs other than decir that indicate what a person is saying or thinking. Eso està ¡ muy bien, contestà ³ el presidente. (Thats very fine, the president answered.)Es sà ³lo un sueà ±o, pensà ³ la nià ±a.  (Its only a dream, the girl thought.)— ¡Bueno, bueno, basta ya! —gritaba el hombre. (Good, good, thats enough now! the man was shouting.) Using Verbs Such as Gustar Gustar is an unusual verb in that it is used almost exclusively in sentences that follow an indirect object gustar subject pattern. Thus in Me gusta la manzana (usually translated as I like the apple rather than the more literal the apple is pleasing to me), the verb gusta is followed by the subject la manzana. Similar verbs  include faltar (to be lacking), importar (to be important), encantar (to delight), molestar (to bother), doler (to cause pain), and quedar (to remain). A las vacas les gusta la mà ºsica de acordeà ³n. (Cows like accordion music. Although cows is the subject in the English translation, mà ºsica is the subject in Spanish.)Ya no me importa el dinero. (Money still isnt important to me.)Me duele la cabeza solo en el lado derecho. (My head aches only on the right side.) Inverting Word Order for Emphasis It is seldom grammatically wrong in Spanish  (although it can be awkward) to place almost any verb before its subject noun. When done, it is usually for emphasis or some kind of effect. De repente me escuchà ³ mi madre. (At once my mother listened to me. Here the speaker may be placing emphasis on the listening. It is also possible that the speaker is emphasizing the suddenness of the verbs action, so the adverbial phrase de repente comes first and is kept close to the verb. )Aprendimos de ellos y aprendieron ellos de nosotros. (We learned about them and they learned about us. Here the speaker may be subconsciously avoiding the awkwardness of ellos y ellos, which would be the normal word order.)Un aà ±o mà ¡s tarde, el 8 de abril de 1973, fallecià ³ Picasso. (One year later, on April 18, 1973, Picasso died. The subject often follows forms of fallecer and the synonym morir in journalistic writing.) Key Takeaways Spanish, like English, usually places the subject of a sentence before its verb. In Spanish, however, is is more common to change the order for reasons that include both meaning and style.Perhaps the most common reason for changing to a verb-subject word order is to form questions that use an interrogative pronoun.Sometimes the verb is placed before the subject to give the verb added emphasis.

Organizational Culture And Leadership Effectiveness

The military has always thrived on leadership; it has been the core of this organization and the foundation that sustains it. Studies on organizational culture and leadership effectiveness have continued to gain popularity in recent years. Wong (2003) stated that long before leadership became a topic of discussion in the corporate, academic, or even public realm, militaries have been enamored by leadership. Leadership in the military has always been held in high regard. A leader is anyone who by virtue of assumed role or assigned responsibility inspires and influences people to accomplish organizational goals Yet, in recent years, an ever increasing style of leadership has emerged; toxic leadership. With military officials gaining negative attention, the Armed Forces determined that there needed to be an army-wide removal of toxic leaders and implementation of training that focuses on a new leadership style; effective leadership. Toxic leadership is defined as a leader who is destructive or harmful in nature, and has only concern for personal interest. Toxic leadership is an ever increasing issue that has affected the U.S. Armed Forces as well as many institutions of higher education and other organizations. . Toxic leadership may be considered a form of oppression since it entails unjust treatment, cruelty (to an extent), and mental pressure or distress. In order to capture the complexity of toxic leadership focus should be placed on personality traits such as narcissismShow MoreRelatedOrganizational Analysis : Organizational Structure1521 Words   |  7 Pagesthe week titled â€Å"Experiments in Organizational Structure† I noticed two themes, self-managed teams and organizational culture. There was a clear divide of organizational culture between the companies such as Moosewood Collective and Zappos versus Amazon and Enron. The readings for the week were well-rounded and demonstrated that each cultu re had positive and negatives. However, research can enhance what organizational culture has been found to be the best culture in creating successful companiesRead MoreEssay on Applied Business Research Case Study935 Words   |  4 Pagescorporations to failure, researchers and business leaders realize the need for ethical and sound leadership. The need for ethical and sound leadership helps to facilitate and manage daily operations and to sustain their competitive advantage within the global economy. However, with this evolution, numerous research studies add to the understanding of leadership theories and the effects on organizational climate and culture. The following findings concentrate on research limitations, ethical standards, analysisRead MoreOrganizational Culture And Leadership Development1275 Words   |  6 Pagesprogressively generate business associations with organizations whose cultures are different, employees may work with others who hold different views of what establishes effective functioning in an organization, and what relationships are existent between organizational factors and workplace effectiveness (Kwantes and Boglarsky, 2007). Knowing the importance of leadership in modern-day organizations, it is not shocking that leadership development gets the biggest percentage distribution from trainingRead MoreCitigroup : A Leading Multinational Investment Banking And Financial Services Corporation1653 Words   |  7 Pageswill be a direct reflection of how effectively my leadership skills will influence our organizational culture. Empowering Leadership and Organizational Culture The expectations for today’s workforce are as diverse as the workforce itself. With changes in workplace trends driven by new technology and Millennials and Generation Z’ers becoming the largest share of the American workforce, organizations are demanding more from their employees and leadership teams (Fry, 2015). As a result, there is a paradigmRead MoreAn Introduction to the Competing Values Framework1091 Words   |  5 Pagesinternal relationships and processes. Others are judged to be effective At the University of Michigan, the Competing Values Framework is used to organize an approach to leadership and management development. Individual leadership competencies, for example, are developed and improved in the context of the organization’s culture, its strategic competencies, financial strategies, pressing problems, and desired outcomes. All of these factors are measured by instruments based on the Competing ValuesRead MoreAddressing Power And Political Struggles On Organizational Culture1628 Words   |  7 Pages A healthy organizational culture paves the way for cohesiveness and productivity. At times, companies will face the reality of power and political struggles due to competing individual interests. These struggles can create unhealthy organizational culture that prevents a business from being efficient and effective and thwart creativity. This is detrimental to businesses that thrive on creativity and innovation. This paper begins with an introduction of Apple Inc. and the leadership role availableRead MoreConcept Of Culture For Organizational Business1519 Words   |  7 Pagesof culture for organizational business, we first must identify the two theories of culture theory and organizational theory. Diving into these two theories, we will review in detail of how each impact a family-owned business and how the effectiveness of the management and leadership summarize the culture of the business while evaluating the different purposes about the nature of culture and the organization business. The evaluation will require a reflection on the concept of culture; â€Å"Culture isRead MoreLeadership Styles And Philosophies Of Leadership Essay1434 Words   |  6 PagesLeadership and You Leaders play a crucial role in the society and organizations, especially with regards to helping the organization achieve its objectives and purposes. These individuals use varying approaches to leadership that inform their practices in motivating organizational members towards the accomplishment of common objectives. Through their practices, leaders not only influence the behaviors of their followers or subordinates but also help in shaping organizational culture. The useRead MoreTransformational And Team Leadership Approaches1217 Words   |  5 PagesThe Heart of Leadership Organizational effectiveness depends on the forerunners leading the charge. Transformational and team leadership approaches are two options businesses can choose from to meet the vision of the company. One method identifies an individual at the figurehead of the group or division, where the other approach leaves the option open for natural selection. Neither leadership approach is wrong. Quite the contrary, transformational and team leadership share similar behavioralRead MoreLeadership Strategy : A Critical Activity For Growth And Success Of An Organization834 Words   |  4 PagesMany also know that without strong leadership that is collectively working together to achieve goals throughout the organization even the best and boldest strategies will fall short of their fullest potential (Pasmore, 2014). Leadership Strategy provides the roadmap for the development of leadership talent and culture. Having skilled leaders to carry out business strategy is crucial to success, but r esearch has shown that we must also understand leadership culture as defined by the collective actions

Context of Corporate Finance and Profit Maximization †Free Samples

Question: Discuss about the Context of Corporate Finance and Ethics. Answer: Introduction In the context of corporate finance, a companys success is measured by the shareholders wealth. It has gained paramount importance in the current scenario as it leads to goodwill of the organization. The extent to which the shareholders are enriched is often termed as shareholder value maximization. In direct terms it refers to the dividends paid to the shareholders and the capital appreciation, but indirectly it involves a lot of factors like management actions and strategic analysis on areas like cost of capital, etc that indicates the amounts the shareholders would have earned if they had themselves invested the amounts in assets bearing similar risks. Therefore, stakeholders are primarily concerned with the organization that provides a huge wealth maximization (Hemmer Labro, 2008). As the level of competition is increasing on one hand and the significance on shareholder value maximization is highlighted, on the other hand, it is becoming increasingly difficult for companies to o perate both viable and ethically. Here comes the distinction between doing well and doing good. As the drive for fast money has led to a number of corporate scams, various laws and regulations have been introduced during the recent years to ensure the ethical performance of the corporate houses. From time to time there have been scandals that have jolted the corporate arena and such problems occurred either due to the flaws in the ethical standards or due to the lust for the creation of wealth. It has been noted that the lust for the creation of wealth leads to deterioration of service and more emphasis is done on the concept of money making (Benabou Tirole, 2010). These conflicts are discussed with the help of cases and situations of ethical dilemma faced by companies. It is, therefore, imperative that the company must operate in a manner that creates shareholder wealth and looks after the ethics too. Is Value Maximization always ethical? The prime goal of the management is to increase the profit by maximization of profits. Wealth maximization of the shareholder and profit maximization must go hand in hand. The discussion from the past indicates that the manager should contain immense attention on the shareholder wealth maximization. It is important for the firm to entertain the customers, suppliers and other stakeholders as if it fails to take a step in this regard then it might fail in the attempt. Value maximization must be stressed upon with immense concern as it generates goodwill for the business and leads to benefits over a period of time (Carol et. al, 2016). While most companies run businesses ethically, there are a few others that resort to unethical practices. In the lust of creation of wealth, many corporations try to break the ethical ground. There have been many instances when the companies tried to break their ethical stand to earn wealth. However, the same cannot be considered as ethical. The line between doing profitable business and doing ethical business is very thin, the line sometimes gets crossed by companies in their efforts to maximize profits (Patterson, 2000). A CEOs job is to maximize the revenue streams for shareholders demanding higher Return on Investment but again the balance between the cost of pushing for profits and being an ethical organization has to be weighed. With the increasing transparency, shareholders are becoming more knowledgeable towards the ethical considerations of the companies. In the long run, it can be seen that most profitable companies have run on ethical practices during their formative years (Paradise Rogoff, 2009). Thus ethics play an integral part and usually create a positive image and reputation for the company. A company that runs the operation on an ethical ground helps to earn a positive image and attracts the stakeholders. Shareholder wealth gets maximized automatically as investors wish to invest in such companies. The number of stakeholders associated with the company gives an impression of the wealth maximization of the company (Bhattacharya Sen, 2010). Thus it can be concluded that due to companies resorting to unethical practices, shareholder wealth maximization is not always ethical, companies resorting to ethical practices have a longer standing than unethical companies. The bottom line is that value maximization is not always ethical but there are ethical ways of achieving value maximization in the practical sense. Hence, it is the duty of the managers to drive the company in the correct path and create a situation that will help to deliver as per the prediction. Wealth maximization must be the objective but should not be done at the cost of other factors. The managers must ensure implementation of strong ethical standards that helps in creating a positive environment where the operations are in tune to the regulatory framework (Kruger, 2015). It helps to maximize wealth and even serves the stakeholders at large. Conflict between doing well and doing good Doing well indicates that the company is performing in line with the applicable laws and regulations with adequate professional knowledge, experience, and expertise. The public will accept this work due to high quality and excellence. Monetary considerations are high and shareholder gains are also appreciable. Therefore, doing well is a positive scenario for the company as it indicates a strong performance. Doing good need not be always for monetary consideration as the intention to benefit the society and the community at large takes a primary place. The intentions are noble with a motive to set things right in the society (Edwards, 2015). Thus there is more focus on corporate social responsibility and sustainable business wherein profit motive is not primary. Thus the conflict here is that profit is the primary motive in doing well whereas service is the primary motive for doing good. Conflicts arise in business practices that are aimed at profit maximization. It is about making money and making a change in the society. The trade-offs and struggles between doing well and doing good have to be weighed (Rebel, 2016). The interests are not the same in both cases, making it difficult to face the challenges that lie ahead. It is a comparison between socially responsible organizations and a few irresponsible ones (Albuquerque et. al, 2013). It is also similar to the comparison between the profit making decisions and demands of social transformations. In the midst of these conflicts, the current and practical scenario is indicative that markets are having a significant role to play in the social change. There is no threshold for increasing the happiness or well-being of the individuals in the society, but providing a basic minimum income level i n line with the increasing inflation and general price index should be the motive in both the cases. Thus there are conflicts between doing well and doing good with reference to the way businesses are run and a number of profits generated. Government regulations tilting towards Doing Good in case of Conflicts A company is a separate legal entity and the board of management is a functioning body appointed by the shareholders for looking after the day to day affairs of the business. But with the increasing greed of the Board and shareholders, companies have resorted to fraudulent and illegitimate ways of earning fast money which has given rise to a few important legislations; the most specific ones are the Sarbanes-Oxley Act and Dodd-Frank Act (Blokhin, 2015). With the due passage of time, there has been an immense change in the ethical standard of the company and this has been done considering the objective of wealth maximization. Therefore, rules and regulations have been framed so that the investors are not duped. Sarbanes-Oxley Act was passed in the year 2002 to protect the investors from fraudulent accounting and reporting by corporations. There are strict mandates with reference to financial disclosures and adequacy of internal controls. Management certifications are obtained on all significant areas like the accuracy of financial statements thus strengthening the corporate oversight. Investors need to know that the financial information they are relying upon is truthful and verified by independent third parties. Disclosures relating to off-balance sheet items and obligations, significant financial matters are also in place (Rebel, 2016). There are costly implications like penalties in the form of fines and also imprisonment for the violations. Sarbanes-Oxley Act was a major landmark and it came into operation after a long list of scandals (Kacperczyk, 2009). It stresses to provide a boost to the audit committees, the establishment of internal control tests, financial statement accuracy, et c. Further, it stresses penalties when it comes to fraud and even provides how the firms should operate. The main stress of the act is to strengthen the audit committee and changes the financial scenario significantly. Dodd-Frank Street Reform and Consumer Protection Act was enacted in the year 2010. The great recession led to financial losses and risky market performance. The Act aimed to make financial systems more accountable and transparent, to prevent institutions from becoming too big to fail and to end the government bailouts funded by taxpayers and to end the risky and abusive financial practices (Mangena, 2007). There are monitoring and restructuring of companies that have become financially risky or weak. Thus the efficiency and accuracy of companies are enhanced. It can be thus seen that in both these regulations mandatory provisions with reference to ethical business, financial transparency and disclosures are enacted and there are strict provisions on violation of the same. Profit maximization is not the motive of these acts and thus it is tilted towards doing good rather than doing well in business (Donius, 2010). A case for the interrelationship of ethical decision making by corporate management and the profitability of the firm A company under the brand name, Honeywell Ltd. Successfully brands itself as an ethical and sustainable organization in the footwear and related accessories industry. Their Code of conduct specifies the requirements of various laws and regulations and the certifications to meet the minimum obligations regarding labor working conditions, environment safety, etc. They are working actively and closely with organizations like UNICEF to prevent child labor and also effectively tackle issues to ensure that there is no hoarding of natural resources (Bertilsson, 2017). Due to these factors, it is being widely recognized as a nature nurturing brand with significance for ethics and sustainability. But as the size of the organization develops, it is fairly a difficult task to operate ethically in all areas; among different countries and cultures. As business expansion is primarily aimed at profits maximization, off late it has violated a few of its own drafted laws and regulations by employing child labor in a few areas and growing racial discrimination among employees. Fingers were being pointed out at the Management and the Union was not allowed in the factories. This growing unrest led to the downsizing and slashing of employees (Denning, 2011). Apart from this, a few of the employee benefits were withdrawn which leads to a poor morale in the workplace. This can have devastating results. It is unethical to slash the employee expenses in an attempt to increase profits, but corporations resort to this method as it is quick, effective and proven. Apart from this, marketing and advertisements play an important role in a companys success. But in an attempt to maximize profits, companies often struggle with what is ethically right and wrong. In this case, too, Honeywell had targeted children in advertisements to attract customers and used unethical marketing strategies to draw customers. Lawsuits have been filed by a few consumers in response to the false claims made during the marketing. Adhering to environmental laws and regulations often proves to be costly with the growing size of the business. In this case, too, Honeywell wanted to grow its profits due to which it was increasing pollution and making unauthorized use of the natural resources. The claims made by the company were that environmental laws penalize only excessive environmental damage and not moderate or mild damage (Bertilsson, 2017). Quality is one significant area where the company can compromise to increase its profits by still selling the products at the same price (Julia Elizabeth, 2010). But as the customers become aware that Honeywell has crossed the line and entered into unethical business, it is a loss of trust, reputation and market share for the company. It leads to slow growth and reduced revenue (Bauer Hann, 2010). Therefore, it is a clear-cut indication that the stakeholders need to be given due weight so that the company can retain the old ones and attract the new ones. The compromise in quality can happen but to a certain extent because after it is exposed it becomes for the company to operate in the same manner. Thus the difference between doing well and doing good business is noticed. As long as Honeywell Ltd. Was operating locally, it was doing good business but once it went for global expansion, it shifted to doing business well in the drive to increase profits. In such cases of dilemma and interrelationship between doing well and doing good, corporations have to think long term and shun the idea of short-term profitability. The corporations must vouch for the profit in the long run. The long run scenario must be looked upon as it drives the overall momentum of the business. However, if the company stress upon profitability in the short run then it is bound to make a hasty decision and engage in activities that might not go well with the functioning of the company and ruin the overall goodwill (Patterson, 2000). A lot of companies stand out as examples of having done good business and yet being successful over years (Hong Kacperczyk, 2009). It is not possible for a company to remain in the doing well or doing good compartment throughout its existence as these are interrelated and companies tend to swing between these two on a situational basis. Thus there has to be a trade-off and a balance with corporations striving to do good business mos t of the time. Conclusion From the above analysis and discussion, it can be concluded that the incorporation of the concept of ethics is a complex and tricky matter, profit maximization is seen as a motivator. The major stress is on the concept of ethics because an organization with improper ethics finds it difficult to sustain for long. As ethics and profit maximization have to co-exist, the success of this interrelationship depends upon the profit potential of ethics. Companies are willing to act ethically as long as it satisfies its other goals of cost reduction and increasing profitability. Being branded as an ethical organization is a competitive advantage for the company which will ultimately lead to higher profits and shareholder value maximization provided there are the time and patience to wait for the same both by the shareholders and the company. An ethical company tends to have a positive image and enjoy a strong goodwill. Therefore, the company should stress on ethical standards and the recent up dates in the field of corporate governance have provided an apt example that corporate governance is the need of the hour. An unethical business will not be able to sustain in the long run. References Albuquerque, R, Durnev, A, Koskinen, Y 2013, Corporate social responsibility and firm risk: theory and empirical evidence, Boston University. Benabou, R Tirole, R 2010, Individual and Corporatefinance Social responsibility, Ecnomica vol.11, pp. 1-19 Bauer, R Hann, D 2010, Corporate environmental management and credit risk, Maastricht University. 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