Frank Fair is the leader of an audit team who are on task to begin an important business undertaking. This gives him the opportunity to choose one intern who will likely be granted a permanent position in Frank’s department. There are two possible candidates who are on opposite ends regarding skill traits. Michele Merit, who is highly qualified, and Nick Nepotism, who is less disciplined and accomplished. Although the decision is obvious to select Michele, Frank’s supervisor influences him to select the lesser candidate, due to him being the son of an important client. It appears Frank has already made up his mind, but is now unsure due to pressure from his manager.
Ethics is more than legality and although there doesn’t appear to be any broken laws, or any broken yet, ethical standards in business are fundamental. Ethics goes beyond obeying laws to include abiding by moral standards accepted by society. Without good moral behavior, many more negative situations would develop like corruption, insider trading, extortion, embezzlement, and for students, plagiarism. Frank is put in a difficult situation because he conscientiously knows that the wrong decision wouldn’t only affect Michele, but will also affect him and his team. Not carrying out his supervisor’s request can eventually get him fired. Doing what he wants, will have unfavorable future outcomes for his team. Sometimes there is no easy alternative in such ethical dilemmas because you must choose between equally
Ethics and moral obligations are issues we all encounter at one time or another. In the professional setting, all people should act in a manner that would uphold the good of society. To be ethical, one has to determine their obligations, moral ideas, and moral philosophy (Boatright, p. 19, 2009). The case analysis involving Jacob Franklin was a perfect example of how an individual can face the dilemma of doing what is right or wrong. Businesses have their own code of ethics, and the employees within the business have to determine whether or not they will follow the company’s code of conduct. I will discuss several ethical issues in the case analysis including; failure to report information, remaining silent regarding faulty equipment,
Management is often faced with ethical dilemmas that have no clear cut correct answer. In our case study, (1)Desperate Air, George Nash, Vice President of Real Estate faces a conflict of values similar to the CEO in Seglin’s article, “How to Make Tough Ethical Calls”. They both want to tell the truth and they want to protect their companies, their investors, their employees, and their own livelihood. Neither Mr. Nash nor the CEO conducted a through examination of the problem they faced. I believe the decision to remain silent made by both Nash and the CEO to be short sighted, based solely on short term profit, and would not have been the route I would have taken.
In the workplace as well as one’s personal life is essential for ethics to be maintained; often taking the right action is not always the most popular choice. It is important for maintaining an upstanding ethical code of conduct to be a productive individual as well as function as an employee in the workplace.
What you have to realize is that you must do the ethical thing. By Joe deciding to take the unethical route not only make himself a stakeholder but also Lee & Han, and all other employees at risk. He had an ethical di-lemma or choice to make but he violated many ethical obligations six pillars for the most part. He had an selfish act which can back fire and come back in hunt not only himself but the whole company. Just for Joe trying to save one client from leaving business could put his job at risk if not his career because his unethical behavior will be reported to the SEC and many other higher
The first thing I find difficult to practice is that sometimes, an action appears to be an unethical conduct may not be one. It needs a lot of information and time to really judge an unethical conduct. In order for make right judgement on an ethical situation, a person needs gather as much as information from the persons who directly involved in the situations and filtering all the information to make the final decision. I do not think a manager or higher positional personal has enough time to find out information from persons who involved in the
Let 's consider this scenario, Jill a 45-year-old woman and vice president of sale in a family owned mid-sized candy corporation have an ethical dilemma in regard to recommending Henry, William Potter oldest son to the position of C.E.O.
Every individual may have different perspectives on whether or not a decision is right or wrong. When it comes to ethical dilemma, there really are no correct answers but there are proper steps to take to reduce unethical behaviors. The ethical dilemmas that are presented in this case are: Hiding or Divulging Information, Balancing Ethical Dilemmas, Unfair Advantage, Violating Rules, Perpetrating Interpersonal Abuse, Condoning Unethical Actions.
The workplace is a microcosm of society as a whole. Therefore, one has to anticipate that one will encounter legal and ethical issues in the workplace, just as one encounters legal and ethical issues in the world in general. Of course, not all of these problems will be significant, while others will be significant. The difficulty for the employee is determining what ethical and legal issues are critical, which ones are less important, and how those interact with a person's own personal ethics. What is interesting is that seemingly insignificant ethical issues can actually have a tremendous impact on the workplace, because they can set the tone for the way that the office functions.
Making a business decision for any CEO is easy, the main principle is to keep the shareholders happy by generating more revenue. The more money a company earns the more attractive it looks to the potential investor. Now, from history, we have learned that every CEO is "not" created equal and some use bad business practices to earn more revenue. So, laws were created to set guidelines, companies started to use risk assessment to see if a decision would lead to any legal recourse that would make them a liability, or put them in fault. Not until I took this class did I not realize that there is no one law for every decision that must be made in a business. Thus, the need for ethical decision making.
QBank offered Jen a substantial amount of money for the premises of her florist shop. However, this will all come at the cost of her two employees Diane and Helen losing their jobs in the shop. Therefore, it seems Jen faces an ethical dilemma, particularly because she promised her employees that she would keep them on. By looking at key relevant ethical theories a decision can be made that best suits Jens situation.
In past role as a sales/inventory associate for Centennial wireless. A problem with ethical decisions came up on a daily basis on the job. On a daily basis, I had to do the daily deposits and check each associate cash drawer that always had 100.00 dollars in them at all times. Multiple times a sales rep had over their cash drawer or short. If they were short, they had to place the cash that was short to equal 100.00 dollars or if they were over
Ethics is commonly defined as the rules that surround expected behaviors in a given situation or circumstance in accordance with the environment or geographic location. Morals are commonly defined as the habits and principles associated to doing right or wrong behaviors. The Federal Sentencing Guidelines for Organizations (FSGO) provides the basis for companies when creating a Code of Ethics in order for it to be effective (Hopkins, 2013, pg. 43). The Code of Ethics is created to provide a written set of expected normal behaviors and values of the company, the employees, and the interaction with any associates or outside entities. While a business can have a Code of Ethics governing conduct of the employees and affiliates, the morality of the individual’s decision how to behave that makes the act ethical or unethical. It is common practice for companies to provide employees with the written Code of Ethics that governs the foundation for the entire organization.
Companies place a high amount of importance on the ethics and behavior in the workplace. Most companies specify behavior requirements when hiring employees and provide guidelines of appropriate conduct pertaining to internal policies. When it comes to moral behavior in the workplace there is always a chance of making a decision for personal gain over ethical integrity. A key component to workplace ethics is integrity, honesty and doing the right thing at all times. In this case study, April is faced with a moral dilemma. She must decide if she will be honest with the owners of the firm she works for and her coworker or be dishonest for financial gain, which she is in dire need of. The following paragraphs will discuss April’s dilemma in more detail, employee’s roles and responsibilities in ethical situations and organization’s role and responsibility in ensuring ethical practices in the workplace.
This scenario focuses on a company’s decision to buy navigation and mapping software. The manager of the company approaches their IT manager, Patrick, who is supposed to recommend the best software. Although, Patrick does not commit any illegal offences, he shows through a number of actions that he violates professional ethics. R Bradburn states that ‘business ethics… is an oxymoron’ suggesting that the idea of business can never coincide with ethics because business in itself is too interested in expansion and selfish motives.
In their personal and professional lives, people can and, unfortunately, sometimes do go against their moral and ethical standards. Ethical standards are what it means to be a good person, the social rules that govern our behavior. Ethics in business is essentially the study of what constitutes the right and wrong or the good or bad behavior in the workplace environment. A business is an organization whose objective is to provide goods or services for profit. The organization has a group of people that work together to achieve a common purpose. The moral challenges that these men and women face each day along with a whole range of problems that could occur, are why ethics plays such an important