EthicsGame Dilemmas Ginger Bailey ETH/316 July 23, 2012 Charles J. Fanning EthicsGame Dilemmas The EthicsGame Simulation provided two different scenarios in which the player was to decide how to deal with an ethical dilemma in the workplace. Each simulation had different ethical issues to deal with and provided assistance to the manager (player) on how to come to a resolution for the situation. The Mysterious Blogger The first simulation is The Mysterious Blogger ("Ethicsgame.com", 2012). In the simulation the manager is to decide what course of action should be taken when two employees go outside of the company’s code of conduct. Jamal Moore did something un-ethical; he went outside company policy and used a computer to hack into another employee’s blog site.
How might a company be rewarded or punished for making an ethical or unethical decision? DQ 3: Review the case study “It Seems Right in Theory but Does It Work in Practice?” in Perspectives in Business Ethics. How is ethical theory applied in practice? DQ 4: Review the case study “Where and Why Did Business Ethicists Go Wrong? The Case of Dow Corning Corporation’ in Perspectives in Business ethics.
● ● Requires codes of ethics for senior financial officers. In addition, Section 404 of the Sarbanes-Oxley Act requires public companies to attest to the effectiveness of their internal controls over financial reporting. 29. Some major challenges facing the accounting profession relate to the following items: Nonfinancial measurement—how to report significant key performance measurements such as customer satisfaction indexes, backlog information and reject rates on goods purchased. Forward-looking information—how to report more future oriented information.
Article Analysis University of Phoenix ACC291 Taking a look at whether or not companies are acting ethical because they have integrity or because they have to follow the laws set forth by the Sarbanes-Oxley Act of 2002 is something all investors should do before they invest. Companies do not always act ethically because they want to be open and honest with their customers, employees, or investors, some do it simply because they have to in order to abide by the laws, rules, and regulations, and then just barely. While reading “Eight Years After The Fact Is SOX Working? A Look At The Brooke Corporation” one can notice several things wrong and ways that could lead to unethical practices and behaviors in accounting. For instance the company founder Robert Orr held several roles in management for the parent company as well as finance officer and other key positions that could open the door to unethical behaviors (Hazels, 2010).
I recommend the company should respond to the former employee’s charge of constructive discharge by first apologizing. This former employee has had a negative impact on their life do to our company, and an apology would not hurt the situation. The government has various laws and statues pertaining to constructive discharge, management needs to avoid anything that could be misconstrued as discrimination in the work place. Alternative Dispute Resolution (ADR) refers to processes and techniques of resolving disputes that fall outside of the judicial process (Alernative Dispute Resolution Law & Legal Definintion, 2011). Legally, this could save the company bad publicity, a great amount of stress, and money that isn’t necessary to spend.
Ethical considerations must be given by managers as to how the strategic plan will influence the stakeholders. The business organization’s management follows the mainstream behaviors of the society to justify their decisions on choosing their role as being ethically and socially responsible business. Many businesses in a depressed economy have to lay off their employees and close plants, these decisions are difficult to carry out because socially, it will cause hardships for employees or the community. A good example of being ethical and socially responsible business when encountering this situation is when Cisco Systems decided to lay off 6,000 full-time employees, that it acted ethically in providing a unique severance package where these employees it who agreed to work for a local nonprofit organization for a year would receive one-third of their salaries plus benefits and stock options and be the first to be rehired (Wheelen & Hunger, 2010). When investors or shareholders are demanding the business to produce profit, managers must consider how to devise steps for transparency in their strategic plans to report factual business dealings.
Management of Corporate Resources; Group Project Paper; Course Instructor: Musa Abdul Malek | Ethical is a way forward for Organisation to face the challenges of the future: Case study on Chevron Scandals in Niger Delta and Firestone & Ford Tyre Controversy | * Mohammad Syafiq Bin Samsudin: G1238737 | * Muhanned Hussein Obeidat: G1221663 | Table of Contents THE INTRODUCTION 2 THE IMPORTANT OF BEING ETHICAL IN AN ORGANISATION 5 FACTORS THAT CAN CONTRIBUTE TO UNETHICAL PRACTISES 8 OUTCOME FOR BEING UNETHICAL TO THE VARIOUS STAKEHOLDERS 10 THE MANAGERS’ ROLES IN ENSURING ETHICAL MANAGEMENT 12 ROLES OF BOARD OF DIRECTORS IN OVERSEEING THE ORGANISATION TO BE ETHICAL 16 ETHICS FROM ISLAMIC PERSPECTIVE 18 CONCLUSION 20 REFFERENCE 21 THE INTRODUCTION This case study seeks to draw lessons in the social responsibility and ethics point of view of which we based our study on two real cases which are the conflict in the onshore oil exploration in Niger Delta and the case of Firestone and Ford tire controversy. Around 65,000 square kilometers of flat wetlands where the Niger River splintered into hundreds of creeks and swamps before emptying into the Gulf of Guinea was one of the richest lands of earth. Multiple clans and ethnicities lived there harvesting the likes of crabs, mussels, shrimp and other ocean creatures and they used the fresh water from the Niger’s river for drinks. They also benefited from the mangrove forests which provide them with fruits, medicines and materials for rope and carvings. By the time oil was found in the delta, and for the following centuries, this place had been exploited by colonies for slaves’ trade, and other various extraction of natural wealth.
Ethical standards are the code of conduct required by the organization for workers to follow. The relationship between organizational culture and ethics is that the organizational culture guides workers when faced with ethical problems. If the organization culture counters what they are required to do ethically, workers may put the organization in jeopardy by not act ethically. When a worker is faced with a decision that others within the organization think as appropriate, though it is unethical, the worker may follow what is acceptable as per the culture. It is the relationship between organizational culture and ethics that can get businesses into significant trouble in the long term.
The demographic makeup of leaders differs from organization to organization which reflects in policies and procedures differing and resulting in no concrete principles for all organizations to follow (Hellriegel & Slocum, 2011). If no organizational policies and procedures were in place, the organization would be susceptible to major problems which could undermine their profits or bottom line. By having these organizational policies and procedures in place, employees are aware of the significant consequences that can result if unethical activity occurs, which can include or lead up to termination of employment. Also, these policies and procedures lay the groundwork for defense against frivolous lawsuits set off by employees who have acted
One of the main concerns in any motivational program is ethical issues. Motivational practices can have negative impact on work ethics and increase unethical behaviors in the workplace. Ethics in workplace Employees have to do their jobs in an ethical manner. There is no universal definition for ethics, however, De George has stated that :Ethics is a systematic attempt to make sense of our individual and social moral experience, in such a way as to determine rules that ought to govern human conduct, the values worth pursuing, and the character traits deserving development in life (De George, 2006, p.19-20). Business ethics is the guiding principles on what is the “right” or appropriate way to behave in a situation (Jones & George, 2008).