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Elizabeth Electronics Ethics Case

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Elizabeth Electronics Ethics Case
Introduction:
Elizabeth Electronics is facing an issue that can cause the business to lose its credibility and reputation. The company has received many complaints from customers regarding its LCD TV’s products. Our employees are violating the code of ethics, causing the company’s TVs to overheat after a period of time approximated to be one year and two months, after the one year warranty expires. After investigations, we discovered that some materials were causing this problem to arise. Employees covered up this issue during testing to ensure a fast production and strength their ability to compete with other companies. However, the company received many negative comments and bad views from the media, and lost many customers as a result.
People who are conducting any sort of business should follow a moral code known as business ethics. We are responsible to follow this code of ethics and should never cheat under any circumstances. Business ethics are applied in almost every business to ensure that a certain level of trust will exist between the customers and the business. Integrity, Honesty, fidelity, charity, responsibility, and self-discipline are some values that are considered as part of the Business ethics.
We have to take responsibility and rectify this Issue in order to improve our image and our ethical performance Our priority now is to initiate a well implemented ethical program in order to improve the ethical culture of the company. Well, Building an ethical culture is not an easy mission and can take time, but it is not as hard as many companies may think. Everyone in this company should understand the meaning of an ethical culture, and what it takes to build one. This report will outline how to reinforce an ethical culture within the company and provide some specific recommendations needed to achieve

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