Business Ethics In The Tractor Industry

/ Business Ethics In The Tractor Industry #1  

Cahaba Valley Farm

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Jan 13, 2020
Messages
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Location
Somewhere Alabama
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1980 Ford 3600
What are the areas of ethical responsibility that is specific to this industry? For example: Energy companies have an ethical responsibility to protect the environment as they produce the natural resources necessary to power homes and cars. The tech companies have a responsibility to protect users privacy and data as they interact with their platforms. What do tractor manufacturers and dealers have an ethical responsibility to do?

I would like to hear everyone's opinion on this.
 
/ Business Ethics In The Tractor Industry #2  
What are the areas of ethical responsibility that is specific to this industry? For example: Energy companies have an ethical responsibility to protect the environment as they produce the natural resources necessary to power homes and cars. The tech companies have a responsibility to protect users privacy and data as they interact with their platforms. What do tractor manufacturers and dealers have an ethical responsibility to do?

I would like to hear everyone's opinion on this.

Hate to say it, but in todays world, most tractor company’s #1 ethical responsibility is to deliver the highest possible profits to its shareholders while maintaining or increasing market share. :sneaky:
 
/ Business Ethics In The Tractor Industry #3  
If tractor companies were as ethical as tech companies we would buy tractor only to find we don't really own it, the tractor is being used 24/7 by other people whether we like it or not, every time there's a software update you lose functionality of your tractor, and every two years you throw away your tractor and buy a new one for 50% higher cost because it doesn't work any more.
 
/ Business Ethics In The Tractor Industry
  • Thread Starter
#5  
If tractor companies were as ethical as tech companies we would buy tractor only to find we don't really own it, the tractor is being used 24/7 by other people whether we like it or not, every time there's a software update you lose functionality of your tractor, and every two years you throw away your tractor and buy a new one for 50% higher cost because it doesn't work any more.
:ROFLMAO: OMG that's so true!
 
/ Business Ethics In The Tractor Industry #6  
Where did you hear energy companies have a technical responsibility to protect the environment?
They have one duty: Serve the shareholders.
They will only protect the environment if it serves the shareholder or if forced to by government regulations.
It is a disservice to the shareholders and uncompetitive to unnecessarily cut profits.
 
/ Business Ethics In The Tractor Industry
  • Thread Starter
#7  
Where did you hear energy companies have a technical responsibility to protect the environment?
They have one duty: Serve the shareholders.
They will only protect the environment if it serves the shareholder or if forced to by government regulations.
It is a disservice to the shareholders and uncompetitive to unnecessarily cut profits.
Nobody wants the energy companies to dump the waste they create from the byproduct of their drilling into the rain forests, creeks, rivers, lakes and oceans. That is totally irresponsible, destructive and even sinful. I am one of the most hawkish people you will ever meet when it comes to fossil fuels but I have no grace for energy companies that engage in environmental mismanagement. And I think if you ever spoke to people within that industry you would find the same sentiment.
 
/ Business Ethics In The Tractor Industry #8  
I agree with you on this. It also means they are looking out for their shareholder's interests by protecting the environment. If they don't the shareholders will leave and their value will drop.
 
/ Business Ethics In The Tractor Industry #9  
If tractor companies were as ethical as tech companies we would buy tractor only to find we don't really own it, the tractor is being used 24/7 by other people whether we like it or not, every time there's a software update you lose functionality of your tractor, and every two years you throw away your tractor and buy a new one for 50% higher cost because it doesn't work any more.
On the bright side, it would come with a free GPS tracker and have voice command to operate the PTO with 24/7 wireless communication. ;)
 
/ Business Ethics In The Tractor Industry #10  
They have one duty: Serve the shareholders.
That’s not true. In fact it’s patently false. It’s something that is often said by people who have only the most rudimentary understanding of free market systems.
 
/ Business Ethics In The Tractor Industry #11  
On the bright side, it would come with a free GPS tracker and have voice command to operate the PTO with 24/7 wireless communication. ;)
Yes, and when I say "Siri, cut grass" it would respond "OK, ordering gas on your credit card. Done.". If the maps are like my those on my Toyota, a brand new vehicle would come with 2 year old outdated maps that cost $600 to update AND they require I use my cell phone data plan to work.
 
/ Business Ethics In The Tractor Industry #12  
That’s not true. In fact it’s patently false. It’s something that is often said by people who have only the most rudimentary understanding of free market systems.
I guess I'm pretty ignorant and rude. In Canada there are only 5 banks because they have a government protected monopoly. Every year they report record earnings. They pay no interest on savings. Every year my bank fees go up. Every year they reduce service and make it impossible to speak with a human being.

If I stuff $1,000 cash in my mattress I will have $1,000 at the end of the year. If you put the money in a bank I will only have $880 left in the same period. That's before inflation knocks off 5+% of its value.

Guess what? Car insurance companies in Ontario Canada also have a government enforced monopoly. Guess what banks are now getting into? Providing car insurance. WTF. So much for "free market"
 
/ Business Ethics In The Tractor Industry #14  
That’s not true. In fact it’s patently false. It’s something that is often said by people who have only the most rudimentary understanding of free market systems.

Lol...what a take. I wish you would have followed up on your free market theory.

Business that are in the form of corps have a mission(statement) that is carried out by a board of directors on behalf of the shareholders. Shareholders drive the ship...

Ethics for a tractor company extend to things that impact their business dealings, and have very little down stream direct impact to customers. Customers are indirectly the beneficiary of good ethical companies.

Do consumers go to a mega tractor dealership and ask the sales man...let me see all your tractors from your most ethical tractor company?
 
/ Business Ethics In The Tractor Industry #15  
Here,s my take on this, it doesn,t matter if it is a tractor dealer, truck dealer, car dealer, or trailer dealer, most salesman are as low as a snakes belly in the grass, and would rob their own mother blind, if they are allowed to. When buying, do your homework, and go in, as prepared as you can possibly be, and be prepared to walk, if you don,t feel you are getting a fair deal. Most are interested in an easy sale, from uninformed buyers, who are willing to sign on the dotted line, for zero down, easy payments, that last forever.
 
/ Business Ethics In The Tractor Industry #18  
Nobody wants the energy companies to dump the waste they create from the byproduct of their drilling into the rain forests, creeks, rivers, lakes and oceans. That is totally irresponsible, destructive and even sinful. I am one of the most hawkish people you will ever meet when it comes to fossil fuels but I have no grace for energy companies that engage in environmental mismanagement. And I think if you ever spoke to people within that industry you would find the same sentiment.
Probably because at one point they were caught doing it then fined. Lol.
 
/ Business Ethics In The Tractor Industry #19  
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Your search - "john deere board of ethics" - did not match any documents.
Reminds me of Google's old motto... "Don't be evil".
They actually took that down several years ago without explanation.
 

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