EST1 Part 2 Revised Ethics Program for new management company known as “Company “for this report. Ethics Statement: At this company, we must recognize the importance of ethics as a business. We are committed to upholding high ethical standards in our operations. Our company shall promote the principles of honesty, fairness, and respect for individual and community freedoms. Our program consists of the following 1. Code of Ethics 2. Training 3. Complaints
Words: 864 - Pages: 4
BAC4664 – Internal AuditingSection B01DTrimester 3, 2014/2015 | Internal Auditor and Whistleblowing Policies | Group Assignment | | Prepared by:Gabriella Rena Vanessa Darmadji 1121116458Nur Aida Binti Mohd Jasmin 1121118345 | | | Multimedia University Cyberjaya 2015 | INTRODUCTION Fraud negatively impacts organizations in many ways including financial, reputation, psychological and social implications. According to various surveys, monetary losses from fraud are significant
Words: 6720 - Pages: 27
investors is paid out of the investments of new entrants, and not out of profits. Often the high returns lead investors to leave their money in the scheme, leading the promoter not to have to pay out very much to investors; they simply have to send statements to investors showing them how much they earned. This maintains the deception that the scheme is a fund with high returns. Ponzi scammers promise windfall returns, counting on their victims to be either gullible or greedy—and sometimes both. The
Words: 1504 - Pages: 7
Analysing moral issues in stakeholder relations Johanna Kujala Introduction Empirical research on business ethics has traditionally concentrated on examining managers' attitudes to\yard unethical behaviour (e.g. Izraeli 1988, Preble & Reichel 1988, Small 1992) or toward moral dilemmas presented in scenarios (e.g. Cohen et al. 1993, Cruz et al. 2000, Kujala 2000, Reidenbach et al. 1991). A lot of attention has also been given to case studies describing lifethreatening or demanding situations
Words: 5220 - Pages: 21
Ethical and Moral Issues in Business Kenneth H. Niuman University of Phoenix Ethical and Moral Issues in Business How do you differentiate between ethics and morality.?How does ethics impact governance in business organizations. Ethics and morals may seem the same on the face of it, but if one were to analyze, there is definitely some difference. Morality refers to an adopted code of conduct within an environment and a set of agreed upon rules for what is 'right' and 'wrong'. Morals have
Words: 2559 - Pages: 11
positions. Ethics is the study of the general nature of morals and of the specific moral choices to be made by a person; moral philosophy (Ethics, n.d). There are three schools when determining and understanding the process of ethics. The three schools of ethics are virtue, consequentialist, and deontological. Each of these schools holds importance but are nothing without the other. All three of these are needed to come to the best ethical decision. When talking about religion and ethics we have to
Words: 1000 - Pages: 4
Adelphia Communications scandal Matthew Tassin Trident University Ethics 501 Introduction Adelphia Communications Company was a television cable company whose headquarters centered in Coudersport, Pennsylvania. It ranked as the fifth most prestigious cable companies in United States. John Rigas is the founder of the company. The company was highly respected until an infamous scandal ensued following claims of bankrupt in 2002, at which time its headquarters relocated to greenwood Village
Words: 1563 - Pages: 7
MGMT6012 Management Perspectives Sydney Week 5 3/21/2016 Organisational Diversity 3/21/2016 Diversity What does “diversity” mean to you? How does it apply in the workplace? 3/21/2016 Introduction • Diversity is always a sensitive issue. • People who belong to a “minority” group often feel labelled, stereotyped, and marginalised in the workplace; • People who belong to the “majority” group are often unaware of the consequences of the collective action of the majority
Words: 1833 - Pages: 8
PRESENTATION: Pending Case summary: Dennis felt Zack invaded his privacy by reading his personal emails The little communication and emphasis put on the personal computer usage guidelines and implementation Summary of Recommendation: Listen to Dennis and Zack story to understand their reaction Review the email and internet policy to make sure it fits the corporate culture Make sure all employees understand the Vitruvius code of conduct and usage guidelines Case Analysis: Vitruvius Sportsware
Words: 1199 - Pages: 5
Alfred North Whitehead’s statement “What is morality in any given time and place? It is what the majority then and there happen to like, and immorality is what they dislike” (Solomon & Higgins, 2009, p.273). As for business, it can have ethical standards, even though businesses are not moral agents. This statement is true because to work well, any business has to incorporate an element of morality. Morality in business is evident when a company provides equal opportunities for all employees.
Words: 940 - Pages: 4
