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    Abercrombie & Fitch: Factors of Ethics & their effect on Man

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    At Abercrombie & Fitch how do internal and external factors of ethics impacts the four functions of management, Planning, Organizing, Leading and Controlling?

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    The response addresses the queries posted in 1341 words with references.

    //Prior to writing about the impact of ethics and internal and external factors on the four function of management, we have to first understand about the management of the organization. We should know about the company and its strategies according to the management functions. So, firstly we will write about the company under the heading of its name, for example: //

    Abercrombie & Fitch

    Abercrombie & Fitch is a name in the clothing industry which stocks with it the highest quality clothing for men, women and kids. Abercrombie & Fitch is a clothing store which has the best casual clothing variety for the modern collegiate lifestyle. Besides clothing, it also has a wide range of colognes and perfumes for men and women. It also provides gift cards to its customers which are redeemable for merchandise in the store. These cards do not have an expiration date.

    //Above, we have discussed about the company Abercrombie & Fitch, which is operating under the industry of retail sector. As per the directions, now we will discuss about the various internal factors and ethical and social responsibility of the firm. This section will guide you to take an understanding of the impact of internal factor in the functioning of the organization. Instead of directly describing the affect of ethics and social responsibilities on the management functions, I am defining its core importance. According to your views, you can add additional information also. //

    Ethics is a set of principles of right conduct in business. Today, the companies have realized the importance of ethics in business and that it is really important to gain the respect and confidence of the customers to be successful. Ethical decisions in business include any decision that creates value for the customer by matching quality with the price. Ethical behavior in business should (1) provide a valid data to the customer about the products or service, (2) enable them to make a free choice, (3) generate commitment of the customers towards the product and the company.

    Managing ethical behavior is one of the most persistent problems faced by the business ...

    Solution Summary

    The response addresses the queries posted in 1341 words with references.