...Every corporate entity has a fundamental part of its ethics. This is business ethics. These companies have their own unique identities within the business world in our country. These companies have a responsibility to themselves, their employees, their stock holders and their customers to follow the legal and ethical principles and regulations that the US has set up. If these companies do not follow the regulations that have been set up for them concerning the basic business ethical principles, many issues can arise, both legal and ethical. Within the business world there are many different issues in ethics that may arise in a business environment. If these issues are not handled correctly then they may turn into a legal battle. Companies need to make it a top priority to give their employees and all who work close to the company an idea of what the company’s mission is and what their overall vision is. They also need to have the knowledge of what is expected of them on the job and how they are expected to act. This will allow the employees to put into practice the correct code of ethics and those policies and procedures that the company has put into place. Fair business practices dictates that a company must put forth good effort to deliver the best level of ethics on a continued basis so that employees, applicants and customers may receive them because they are entitled to them. The goal of this paper is to examine the ethical and legal theories that apply to an ethical situation...
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...Bell University of Phoenix Ethical Issues in Management What is business ethics? According to wiseGEEK (2003-2010), business ethics “Is the behavior that a business adheres to in its daily dealings with the world.” (What is Business Ethics? para.1). The ethics of a organization may be discrete, however ethics do not just apply to how the business communicates with the world, but also includes the business’ one-on-one relations with individual clients and employee’s. There are many ethical issues involved in management. Diversity has become a major issue in the management world. Workplace diversity refers to the extent of cultural diversity within a company. “Diversity is generally defined as acknowledging, understanding, accepting, valuing, and celebrating differences among people with respect to age, class, ethnicity, gender, physical and mental ability, race, sexual orientation, spiritual practice, and public assistance status (K.A. Green, M. López, A. Wysocki, & K. Kepner, 2008)”. Diversity in business allows a business to better understand the demographics of its marketplace. Many advertise themselves as “Equal Opportunity Employers”, meaning they maintain a diverse workplace and will not discriminate. Though many ethical issues can be found with in the workplace, the most common is discrimination. Discrimination is one of the main issues currently stopping diversity. “Discrimination occurs whenever something other than qualifications affects how an employee is treated...
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...climb the corporate ladder. Each and every profession has a standard code of ethics and professional values. Likewise, each has their own set of codes within the corporation or company. A person choosing their profession should really consider their own values and ethics before pursuing a professional career in an area that would later be conflicting with ones self-conscience. Professional values are usually framed from our own personal values. The customs, beliefs, and ideas we hold dear are our values. Ethics are the things we think of as right and wrong. A person who has high values and ethic should reconsider the job offer if they feel the corporation is dishonest Professional Values and Ethics Sexual Harassment “Professional values are the principles that guide your decisions and actions in your career.” According to Chrissy Scivicque, there are some universal values that should be and usually are held and practiced in all of them and they are: “first, do no harm; keep it simple; honesty is the best policy; we’re all in this together and stay balanced.” Professional ethics concerns the moral issues that arise because of the specialist knowledge that professionals attain, and how the use of this knowledge should be governed when providing a service to the public. Professional values and ethics are usually a standard in many corporations. As time changes professional values and ethics also change with new State and Federal Regulations applying to every corporation...
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...Introduction People are often facing decisions that have a big impact in their future, It is difficult to distinguish if the actions made or words said by us will hurt our family or friends, but to prevent those actions person who faces this kind of situation has think if the action that they are about to do it is right, the reason for thinking about that are personal ethics which result in good or bad decisions, in this essay, author focuses on ethics in business organisations and discriminations within which is one of the main problems inside companies. Ethics in Business Words like “morality” and “values” are associating with word “ethics”. Ethics is differencing and thinking between right or wrong choice. it is making choices that...
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...Business Ethics and Employment Name: Course: Tutor: Date: Business Ethics and Employment Every business needs to have moral guidelines that govern its operations. These moral guidelines are referred to as ethics. Businesses have an obligation to behave ethically, that is, doing what is morally right. Behaving ethically in the business environment is widely considered to be a good business practice. Werhane (2015) sums it when she says “being good is good business.” Ethics in business cover almost every aspect of business for example, in finances, in handling customers, in waste disposal and also in staff recruitment. This paper will discuss why discrimination in hiring, retaining and remunerating staff is unethical in business. Discrimination in the workplace was such a serious and frequent occurrence that the government developed the affirmative action policy. Affirmative action requires that business when hiring recognize the fact that all people to need be accorded equal and full consideration on the basis of their qualifications and merit. Affirmative action was created in order to promote the hiring of individuals in protected groups especially minorities and women (Rowland and Loury, 2010). The policy allows for active measures to be taken in order to avoid the non-discrimination of women and minorities in the work place. Rowland and Loury (2010) explain that affirmative action is the banning of discrimination against disadvantaged people. It requires that equal...
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...BUS670 MBA Program Legal/Ethical Issue March 2012 Today’s business world presents numerous ethical issues. In today’s world above board/moral ethics in organizations do not often materialize intuitively. Organization must strive to provide employees with a clear understanding of the overall company vision. This will aid employees in practicing the code of ethics, policies and procedures in the workplace. Companies must be unwavering in continuously delivering the uppermost ethics of provision in which customers, applicants and employees are entitled to under fair business practices. One major core value is to uphold responsible and fair business practices. A core dedication to sponsoring and upholding the extreme parallel of ethical values relative to all business actions is essential. In this paper, I will analyze a legal/ethical issues relating to current, previous, and/or potential future work environments. Harassment, discrimination, and retaliation will also be briefly discussed as well as ideas for corrective actions pertaining to issues. Because many organizations miss the mark on properly addressing ethical &legal conflicts concerning employees; the issues are ongoing and often damage the work environment, sometimes resulting in lawsuits. What is business ethics? Business ethics is the behavior that a business abides by in their daily transactions with the world. This also includes the individual interactions with customers. The moral code of a specific...
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...Define business ethics? Ans 1) The study of proper business policies and practices regarding potentially controversial issues, such as corporate governance, insider trading, bribery, discrimination, corporate social responsibility and fiduciary responsibilities. Business ethics are often guided by law, while other times provide a basic framework that businesses may choose to follow in order to gain public acceptance. So, ethics separate, good and bad, right and wrong, fair and unfair, moral and immoral and proper and improper human action. In short, ethics means a code of conduct For e.g, the businessmen must give a regular supply of good quality goods and services at reasonable prices to their consumers. They must avoid indulging in unfair trade practices like adulteration, promoting misleading advertisements, cheating in weights and measures, black marketing, etc. They must give fair wages and provide good working conditions to their workers. They must not exploit the workers. They must encourage competition in the market. They must protect the interest of small businessmen. They must avoid unfair competition. They must avoid monopolies. They must pay all their taxes regularly to the government. In short, business ethics means to conduct business with a human touch in order to give welfare to the society. 2. What is kick-back in business? Ans 2) Kickbacks are payment or offering of services with the intent to influence or gain something from a company or a person...
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...ORGANIZATIONAL BEHAVIOR DISCRIMINATION AT WORKPLACE DESCRIPTION OF EVENT OR INCIDENT The workplace is a significant part of an individual’s life that affects his or her life and the well-being of the community. The average adult spends much of his or her life working, as much as a quarter or perhaps a third of his waking life in work. As much as a fifth to a quarter of the variation in adult life, satisfaction can be accounted for by satisfaction with work (Campbell, Converse, & Rodgers, 1976). The workplace diversity is increasing more than ever before. Almost all employees face some problem at their workplace. There are various kinds of problems that a person could come across in his or her workplace. The workplace event or incident that we are going to discuss here is based on discrimination at the workplace. Discrimination at the workplace means subjecting an employee, on the basis of reasons such as race, religion, gender, or nationality, to behavior or treatment that puts him or her at disadvantage as compared to other employees, or causes physical or mental discomfort (Katz & Moore, 2004). Discrimination by race, of course, is still common, though it varies for different races. Discrimination at workplace is unethical, besides being illegal in many countries. In addition, workplace discrimination is also likely to impact the employee morale, motivation and the good will of a company adversely. The awareness on discriminatory behaviors in the workplace...
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...Are ethics programs really necessary in today's world? Explain. Yes, I feel it’s very important in today’s world because without ethics I feel like a lot of people won’t make good choices. I feel ethics provides various standards for sorting through and settling moral questions. Also I feel ethic s provide important core values. I say all of this because I feel ethics is a direct decision making and demonstrates how people should act in a given culture. Ethics also keep people from acting in ways that harm others and also help people make beneficial, respectful, and fair decisions. These are the reasons why I feel ethics is important in today’s world. Define employment at will in reference to terminating employees. Do all states have this requirement? Explain why this is an effective or ineffective tool? Reference an example from the Equal Employment Laws and tie the two together. Employment at will means employers may fire employees with or without cause at any time they choose. Terminating employees is a process by which an organization ends an individual’s employment against his or her will. Not all states have employment at will because different states have different statues at regarding employment at will. I feel it is ineffective because getting fired for no reason without any protection is wrong and I feel there should be a reason for a person getting terminated. I also feel a person has a right to defend their job because at will states can have some upper management...
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...the process of planning, acquiring, deploying and retaining employees that enables an organization to meet its talent needs and to execute its business strategy total rewards the sum of all of the rewards employees receive in exchange for their time, efforts and performance direct financial compensation compensation received in the form of salary, wages, commissions, stock options or bonuses indirect financial compensation all the tangible and financially valued rewards that are not included in direct compensation, including free meals, vacation time and health insurance nonfinancial compensation rewards and incentives given to employees that are not financial in nature including intrinsic rewards received from the job itself or from the work environment Strategic risk, Operational risk, Financial risk and Compliance risk Managing human resources strategically helps organizations manage four types of risk: business strategy defines how a firm will compete in its marketplace talent philosophy a system of beliefs about how an organization's employees should be treated human resource strategy links the entire human resource function with the firm's business strategy global mindset a set of individual attributes that enable you to influence individuals, groups and organizations from diverse socio/cultural/institutional systems superior value for their money To have a competitive advantage, a company must ultimately be able...
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...CHAPTER SUMMARY – CHAPTER 1 – ETHICS IN THE WORLD OF BUSINESS Frequently, the ethically correct course of action is clear, and people in business act accordingly. Exceptions occur when there is uncertainty about ethical obligations in particular situations or when considerations of ethics come into conflict with the practical demands of business. In deciding on an ethical course of action, we can rely to some extent on the rules of right conduct that we employ in everyday life. However, business activity also has some features that might limit the applicability of our ordinary ethical views. One distinguishing feature of business is its economic character which can be summarized as the conduct of buyers and seller and employers and employees. A second distinguishing feature of business is that it typically takes place in organizations which is a hierarchical system of functionally defined positions designed to achieve some goal or set of goals. Because business involves economic relations and transactions that take place in markets and also in organizations, it raises ethical issues for which the ethics of everyday life has not prepared us. Decisions making occurs on several distinct levels: the level of the individual, the organization, and the business system. The level of the individual represents situations that confront them in the workplace and require them to make a decision about their own well-being. The level of the organization can be identified...
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...WOMEN VERSE WAL-MART Women Verse Wal-Mart, the Largest Class Action Lawsuit in History Jeremy Banks LEG100 October 31, 2012 Professor, Harden WOMEN VERSE WAL-MART Abstract Women nationwide have joined a class action lawsuit against Wal-Mart. The women are suing based on gender bias. They claim men are promoted faster and receive higher pay. This is especially noticed in the management ranks. The lawsuit could have been avoided with better training within the company. If the company trained managers in different or better ways of evaluation, the situation would have been avoided. The other training managers need is that is documentation. Everything that happens to an employee from the date of hire to the end of employment should be documented and kept on file. The awareness of managers of federal and state statutes will allow them to forego any further such lawsuits. Alternative Dispute Resolution (ADR) affords managers and companies ways to avoid going to trial. This allows settlements to be negotiated, mediated, or arbitrated instead of having a court appearance. WOMEN VERSE WAL-MART Women Verse Wal-Mart, the Largest Class Action Lawsuit in History As of October 1, 2012 over one million women across all fifty states are suing Wal-Mart for gender bias. Despite race, religion, or education women are tired of being treated as inferior employees. Women feel Wal-Mart has promoted men more often and pays those men at higher...
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...Age Discrimination 1 Running Head: Age Discrimination in the Work Place Final Ethics Paper Submitted To: Professor Peru May 28th, 2010 GEB 452 – Organizational Ethics Age Discrimination 2 Abstract In today’s society, many companies are looking for that “Pop”. What I mean by “Pop” is having a fresher, younger mind/ body do the job. Many of the older employees that have been on the job for such a long period of time, are now endangered of losing their positions to that “Pop” that those companies are looking for. Why are they endangered? Because of the fact of many reasons such as, (physical labor, presentation, & not being technical savvy). In this paper I will talk about many different scenarios and the pros and cons of Age Discrimination in the Workplace. Age Discrimination 3 What Is Age Discrimination in the Workplace? Age discrimination in the workplace is the unjust denial of promotions and training for new positions on the basis of age. It also includes unfairly targeting older workers for layoffs or denying older workers benefits such as health care coverage that are provided for younger workers. Although there have been laws against age discrimination on the books since the 1960s, age discrimination is a persistent problem in many workplaces. In fact, according to a survey recently conducted by worldwide placement agency Adecco, age discrimination in the workplace was the most often named form of discrimination by employees. Especially...
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...ADMINISTRATIVE ETHICS PAPER BY: KASHAUNA ROBINSON CLASS: HCS/335 DUE DATE: NOVEMBER 29. 2010 PROFESSOR: MR. MATHERENE The administrative ethics have many situations that arise when dealing with the different concepts that follow it such as: patient’s privacy, confidentiality, or HIPAA. The administrative ethics have issues with different individuals in the organizations that make it hard for others to make a moral judgment and have good objectives of judgments being made. The two common strategies or views of administration is that many people that are in the administrative position do not want to abide by the ethics codes, so they should resign from the their spot so that they can put someone there who do understand the reasons for the ethics by the administrative codes. When trying to make sure that you have a powerful effective establishment, you must make sure that you find a plan that will produce a policy that would be successful to your company. One of the laws that allows companies and professionals to hire people that are qualified for a certain position in their firm, they are able to come immediately and get an interview, which is called the Affirmative Action. And Equal Employment Opportunity. Administrative code of ethics is almost the same thing as the Affirmative Action because it makes sure that the public administration adjusts their decision making in the way of not having...
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...University of Phoenix Material Appendix C Part I Define the following terms: |Term |Definition | |Discrimination |The act of denying individuals and groups equal rights and opportunities based on prejudices| | |of race, gender or creed. | |Institutional discrimination |The denial of employment, housing and education to individuals or groups based on race and | | |ethnicity. | |Political correctness |A term that expresses the need to minimize social and institutional discrimination based on | | |race, culture, sexual orientation and religion. | Part II Write a 150- to 250-word response to each of the following questions: • How is discrimination different from prejudice and stereotyping? Prejudice is an unjustified or negative opinion toward an individual based on their involvement in a social group and can be based on a certain race or gender. Stereotyping is a popular belief about certain groups or individuals based on race, gender or religion. The act of discriminating differs...
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