'Personal Org Ethics Case Study Four: A South African Investment Assignment Essay\r'

'The field of vexation is one of the aras in society wherein people involve in it sop up to make historic terminations al almost everyday in their jobs. Most of the metre, finishs have to be made promptly especi in ally with the competitive nature of the business industry. In relation to this, since most companies is a etymon of usage to thousands and sometimes point millions of people, the decisions made by the system of organizations affects numerous people. Moreover, the influence of companies especially of multinational corporations has horrific impact in the society that could actually subvert change upon them.\r\nThis property is greatly applicable in the case of the to the south African Investment. Texaco and Standard Oil, instantly known as Chevron are the cardinal major stockholders in the Caltex Pet procedureum Company. Each companionship owns 50 percent of the total stocks of Caltex. The bon ton has dealing with the sulphur African Government as the acres is the primary source of oil that allows them to produce diverse oil products. In the same mood, South Africa to a fault largely advances from foreign investors be feature they contri thoe a commodious portion to the estate’s income.\r\nCaltex is the largest American club that invested in the arena. Being the case, the company has a full of life dapple in the economic robustness in the company and their decisions and actions would greatly affect the situation of the country. In line with this, advocate groups wants to go for this strategic vista of the company in order to except their make believe of eradicating or at the very least addressing the counter of apartheid in South Africa. Apartheid allows the white minority of the country to dominate the volume of the citizens, which are mostly dark-skinneds.\r\nIn this situation, the whites hold the advantageous position with the resources and power at their side, which leaves the blacks as second class ci tizens that have to admit unfair and unjust treatments (â€Å"A South African Investment”). In 1977, the administration decided to s tactical maneuver the deed of Caltex in South Africa. They planned on building a plant that would gain ground lift the production of the company. However, this was met by protests coming from some members of the identity card that belong to the Interfaith Center on integrated Responsibility.\r\nThis group greatly advocates anti-apartheid causes and one way in order to reach this objective is by convincing the Texaco and Standard Oil to pull out its investment funds in South Africa. Based upon my judgment, the utilitarian benefits of the elaboration of Caltex is more important during that time as compared to the achievable assault of moral rights. Utilitarianism focuses on the outcomes of an action. A decision or action is perceived to be ethically justifiable when it gave greater heart of benefit for the most people concerned (Nationa l Endowment for Financial Education, 2006).\r\nIn the case of the Caltex plant expansion I prevail that this would have more benefits rather than costs. First of all, the initiation of foreign companies in South Africa too helped remedy the situation of the black population. This is observable in the cash advance of the real earnings of black industrial workers that in addition aid in the lessening the gap amongst the white and black incomes. The expansion of Caltex would actually further enhance these benefits for the black people.\r\nFurthermore, if Caltex would removed its investment from the country it would hardly effect the black majority since all the benefits they from the foreign company would be lost. On the new(prenominal) hand, there is tranquillize a possible assault of moral rights as thoroughly as injustices against the blacks. This could be proven by the fact that even though adhere to the Sullivan code that would further remedy the situation of blacks an d uphold their rights it is still not binding since it still have to work within the South African law.\r\nThe disposal of South Africa implements laws that have separate facilities for whites and blacks as well as the un qualified pay among their citizens. thus far though there are possible violations of gentleman rights against the blacks from the expansion of Caltex, not pursuing the plan would even make life difficult for the blacks because even their source of livelihood coming from this company would no long-life exist. Not only would they cease to have equal political rights plainly they leave alone no long-range have the means to sustain their everyday needfully that is as well essential for them to live.\r\nIf I were in the position of one of the stockholders of either Texaco or Chevron, I will have different positions on the three resolutions that were presented. My decision would be guided by the maximum amount of benefit that my stocks and the company would gain from the decisions. Moreover, I would also think of the welfare of the majority of the stakeholders involved. On the outgrowth resolution, I would choose against the proposal of terminating Caltex operations on South Africa.\r\nI deem that ceasing operations in the country would bring detrimental effects to the company because the oil obtain from the country has an important role in the robustness of the company. In relation to this, it would also affect numerous people who would lose their jobs, which includes the black workers in South Africa. Moreover, such action would not make any substantial change in the issue of apartheid since there are still opposite foreign investors in the country and the government has some other means to survive even if Caltex terminate its operation.\r\nI would also vote against the second resolution that requires Caltex not to sell its oil products to the police and military of South Africa. Based upon the South African law, refusing to cater p etroleum products to the armed forces of the country is a clear violation of the law. As such, violating this rule would clearly tack together Caltex in a disadvantageous position that could threaten the operation of the company in the country as well in other nations. It could also be the cause for the unemployment of large numbers of its workers.\r\nAnother reason is that doing so might only put the blacks’ citizens in a bad situation because the government might further exploit the blacks especially during such time of crisis for the country. blow to my previous positions, I would vote in estimate of the third resolution that would ask the South African government to implement the Tutu principles. Caltex has established its important role in South Africa especially during the time when OPEC established an oil embargo in the country.\r\nAs such, Caltex has the capability impose demands upon the South African government and they could do so by asking the execution of the Tutu principle. This is a good way to improve the situation of the blacks in a sound and licit manner. There is a huge possibility that the South African government would grant it especially if they would probe the situation that they are in. South Africa has a bent to lose if they would have conflict with Caltex while they are facing a challenging situation.\r\nBy commendation this resolution, many stakeholders would benefit from it, not only the blacks but also the company since they would have better kindred with those who advocate anti-apartheid issues and this could also boost their image of addressing societal issues. The managers of Texaco and Chevron should respond to these resolutions in a manner by which they would take into account the maximum benefit that all stakeholders could achieve from the decision. Being the case, they should also vote against the two resolutions and approved of the last.\r\nThe managers should respond in such way because doing so would be be neficial to the majority of the people involve and this would also address the amicable issue of apartheid. Lastly, the management has a responsibility in making sure that the whole operation of its business is running smoothly. Their concerns should not solely be establish upon the high income returns because they would not achieve such if they do not address the problems that are affecting their business.\r\nIn line with this, they should not only look at the law and the rate of returns in deciding where to put their investments. They should also give due importance to the complaisant and political situations of the country or a indisputable place that they would invest in. This is due to the fact that these factors play an important role in the overall supremacy of a business. The important role that most companies have, not only in the business field but also in the society should be use properly so that they could also be agents of convinced(p) change in the world.\r\n'