Memo Dated: June 6, 2014 Sub: Accountability – Whistle Blower; Ethical Dilemma Introduction: This report is made to find out the circumstances in which a person reports his/her company’s unethical behaviour. In ethics and governance “Accountability means answerability. In leadership roles it is an acknowledgement and assumption of responsibility of actions. Most of us believe that we are unbiased and ethical in making corporate decisions
Words: 401 - Pages: 2
Ethical and Moral Issues in Business Steven Colon MGT/216 August 16, 2011 Mike Moreno Abstract In the following paper one will know about what an ethical issue is and a moral issue is, and examples of an ethical and moral issue. One will also learn about personal ethics and business ethics and how they are similar, but different. Ethical and Moral Issues in Business People have always questioned whether ethical issues and moral issues are the same, or if personal ethics
Words: 644 - Pages: 3
ARTICLE REVIEW FORM Social and Ethical Issues in Business and Economics Name: Date: 02/15/12 Article Review Number: 1 Title and correct reference of the article Money and the Meaning of Life http://www.businessweek.com/managing/content/may2011/ca20110517_527245.htm 1. Briefly state the ethical issue(s) you see in the article: This article talks about how there is another unethical scandal every other week in the U.S. People with so much money still have greed
Words: 312 - Pages: 2
Ethical Issues Affecting Each Component of the Marketing Mix Ethical issues in businesses among other related issues like conflicts or success revolves around relationships. In today’s business world, it has become inevitable to built strong and effectives between all the key players in businesses (Carroll et al 403). The board of directors in every business has the mandate of giving direction and oversight making sure that the business does not stray from its course and remains relevant in
Words: 1662 - Pages: 7
corporations are doing to address the ballooning issue, other possible consequences on ignoring professional ethics in a workplace, and what corporations can do to ensure they provide and maintain an ethical and legal business environment. Survey Method and Results According to a recent survey of more than 2,300 workers by KPMG LLP, illegal or unethical behavior in the workplace has soared. More than three fourths of those surveyed said they had observed unethical behavior, including deceptive sales practices
Words: 458 - Pages: 2
because Ethical businesses as other ethical issues are a matter of individual and collective judgments. Ethics in work and business are both a reflection of and influenced by ethical aspects of life and the wider world. In most cases, the industry / profession determines organizational ethics. When we talk about legality, unlawful acts are not always unethical while ethical acts are not always lawful. Lawful therefore does not equate to ethical, and unethical does not equate to unlawful. In recent
Words: 461 - Pages: 2
addressing ethical problems. While they act as functional guidelines and help society maintain order, life is rarely as black and white as the laws and regulations are written to govern. I think the real issue is the way people are able to twist and bend the law into a form that is often blatantly unethical, but it proves their point of view as being just as valid as anyone else's. In general, I think everyone understands the basics of right and wrong, and the purpose of regulations and laws, but that
Words: 565 - Pages: 3
Chong is responsible for the oversight of all operations in Malaysia and has been instructed to pursue a strategy of “aggressive growth” within this potential market. After eight months of employment, Chong begins to encounter an undercurrent of unethical behavior surrounding Jextra and is forced to anticipate what actions if any he will take to address two unjustified situations. Chong’s initial concerns pertain to his meeting with the mayor of a Malaysian town called Klang, which is located near
Words: 1923 - Pages: 8
Ethics Issues Businessmen and women make ethical decisions regularly on things that will impact themselves, their family, or their organization. Business Ethics can be defined as situations individuals and organizations find themselves in which they must determine what is “right or wrong where values are in conflict” (Trevino, 2006, p. 3). It was once believed that unethical decisions were attributed fully to the individual who used poor judgment. It is now further understood that there
Words: 608 - Pages: 3
Ethical Behavior and Morality in Organizations begin with “The Tone at the Top” Executive Summary Unethical behavior in organizations creates many intractable problems which climax in fraudulent acts. When behavior in an organization is not ethical regulations are broken, and the likelihood of legal suits increase. Fraud in Enron and Adelphia in the early 2000s led to big bankruptcy filings resulting in huge losses in investments. Employees also lost jobs as well as significant portions of
Words: 2465 - Pages: 10
