2. Recognize and apply legal principles in the areas covered by the course when evaluating a proposal, writing a contract and/or making a recommendation to a client. 3. Understand product liability issues and recotnize contractual and non-contractual liability in business transactions. 4.
How do you perceive the role of a business/ organisational manager, ie what things does a manager need to do and what resources do they draw upon? Submit your answer for assessment. 3. Organisations and the individuals within them should consistently demonstrate ethical behaviours. What does this mean and how can you, as a leader, promote ethical workplace behaviours?
Formal ethical systems consist of factors such as leadership, code of ethics, reward systems, orientation, and training programs. This
These principles include Responsibilities, Public Interest, Integrity, Objectivity and Independence, Due Care, and Scope and Nature of Services. Accountants can use these principles as a guide when they encounter questionable requests from their clients, or supervisors, as well as avoiding any conflicts of interest that may arise (Mintz and Morris, 2011). It is important that accountants act ethically in reporting a company’s finances. Investors, as well as the general public rely on information when making financial decisions and whether to invest in a company. Out of the purposes of the AICPA Code of Professional Conduct, three of the most important include public interest, integrity, and due care.
When it comes to organizational culture affects the way workers respond and react when positioned in ethical problems Organization’s culture can disclose the unwritten ethical standards that guide workers in their decision-making. Some companies can prevent unsafe ethical behavior by changing their organizational culture. Organizational culture is the study of the attitudes, beliefs and psychology within an organization. It not only includes how workers act together, but also how they connect with others outside of the organization. Ethical standards are the code of conduct required by the organization for workers to follow.
This applies to the moral, ethical, legal, and economical aspect of this case. References MacDonald, C. (2011, October). Ethics: Definition. Retrieved from The Business Ethics Blog: http://businessethicsblog.com/2010/03/21/ethics-definition/ (2011). The Nature of Moral Problems in Management.
Ethics Essay XXXX ETH/316 September XX, XXXX XXXX School Ethics Essay In business several forms of ethics exist, but gaining a better understanding of both the similarities and differences between the virtue, utilitarianism, and deontological theories assist businesses on how each theory addresses ethics and morality. In its basic form, ethics relates to the moral values that regulate individuals or groups conduct. Analyzing the decision making process between the honorably ethical decision as recognized from the morally wrong is inherent with the study of ethics. The issues of applying
160-171) What About Ethics in Decision Making (pp. 171-173) Summary and Implications for Managers (pp. 173-175) OBJECTIVE: Explain the importance of clear communication in business. Content Communication Functions of Communication (pp. 368-369) The Communication Process (pp.
Essentials of Negotiation Chapter 8: Ethics in Negotiation Approaches to apply ethical reasoning to Negotiation: 1) End result ethics: choose a course of action on the basis of the result I expect to achieve. Rightness of an action is determined by considering consequences. 2) Duty ethics: Base my actions on the rules that define my duty. Rightness of an action is determined by considering obligations to apply universal standards and principles. 3) Social contract ethics: Action on the basis of the norms, values and strategy of my organization or community.
It is also a branch of philosophy dealing with values relating to human conduct, with respect to the rightness and wrongness of certain actions and to the goodness and badness of the motives and outcomes of such actions. The three sources of professional ethics and values I am going to discuss, are professional integrity, academic integrity, and personal values. Professional integrity is often used in business settings to describe the manner in which employees should act or conduct themselves. Professional integrity is demonstrating practical ethics and professional responsibilities within the work environment. Professional integrity involves being an ethical person.