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.
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?
AICPA Code of Professional Conduct ETH/376 November 26, 2012 AICPA Code of Professional Conduct The American Institute of Certified Public Accountants is a professional, but voluntary, association that provides memberships to Certified Public Accountants. It outlines a CPA’s ethical and professional responsibilities through its Code of Conduct (Vitez, 2012). It is considered the foundation of ethical reasoning in accounting because of the principles that it outlines and it links professional conduct to moral judgment. The AICPA outlines six principles of conduct that accountants and CPAs can follow to remain professional in their dealings with their own clients or companies that they work for. These principles include Responsibilities, Public Interest, Integrity, Objectivity and Independence, Due Care, and Scope and Nature of Services.
The text provided details for why it is so important to follow the ethical norms of society. The lessons learned from this topic could be applied to the team member’s professional careers because it assures the team that our current beliefs match those of an ethical society. The lesson further confirms that business and ethics go hand-in-hand and is just the
The one problem with the code of ethics is that we can't always have the answers black and white. Sometimes there are grey areas where the answers aren't so simple. Business ethics - Generally it's coming to know what is right or wrong in the workplace and doing what's right with regard to effects of products/services and in relationships with stakeholders. Business ethics strive to evaluate 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.
Explain the role of ethics and social responsibility in developing a strategic plan while considering stakeholder needs and agendas. Ethics and social responsibility of a business effects wide groups of stakeholders. Stakeholders that include employees, investors, shareholders, suppliers and customers will be influenced by the formulation of strategic plan. The ethical responsibility of the business reaches beyond the responsibilities to stakeholders, it also impact the community and many downstream industries that may be affected by the plan. Ethical considerations must be given by managers as to how the strategic plan will influence the stakeholders.
Code of Ethical Conduct The topic of my choice is the ethical code of conduct from Chipotle. As we all know the code of conduct is not merely written to just be another set of rules in life but to protect the company and its employees. I will discuss areas that back my previous statement and reasons why they are important, as well as implementing them in the best way. Chipotles code of conduct has a whistleblower policy in which you can make any complaint or concern with confidentiality. This policy goes well with compliance with the code of conduct.
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.
Just as a good manager knows that rewarding employees for reaching goals is important, the ethical leader will recognize that equal importance must be given to recognize those who exemplify ethical behavior within the organization. Acting also means leading by example by letting ethical behavior guide the actions of the leaders at all times. Doing so will help establish and sustain a culture of ethical behavior. 6. Monitor and Sustain Ethical Behavior.
Friedman Vs Drucker Social Responsibility Social responsibility can be termed either ethical or ideological. Kaliski, (2001) gives the definition that, “social responsibility can have a negative impact where it is a responsibility to refrain from acting (resistant stance) or there is a positive impact where it is a responsibility to act (proactive stance)” (Kaliski, 2001). Now in the business aspect of things, I personally wouldn’t use the term social responsibility but I would include what the Corporate Social Responsibility is. Carroll & Buchholtz (2006), give two definitions to corporate social responsibility which are “ considering the impact of the company’s actions on society” and “the individual to consider his acts in terms of a whole social system, and holds himself responsible for the effects of his acts anywhere in that system. (Carrol & Buchholz, 2006).” These two definitions are complete opposites but do tie in social responsibility.