Understanding Business
11th Edition
ISBN: 9780078023163
Author: William G Nickels, James McHugh, Susan McHugh
Publisher: McGraw-Hill Education
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Question
Chapter 4, Problem 4DWS
Summary Introduction
To discuss: The classification of code as compliance based and integrity based of a corporation.
Introduction:
Compliance based ethic codes are those which define ethical standards that emphasize preventing unlawful behavior by increasing control and by penalizing wrongdoers.
Integrity based ethic codes are those which defines the organization guiding values, create an environment that supports ethically sound behavior.
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a. In your own words, write the code of ethics for an organization such as students club, sports club, company, charity organization for high school. Write at least ten codes.
Explain the Top Management, Human Resources, Sales and Marketing, Finance and Accounting, and Logistics in The Unified Code of Conduct for Business (Integrity Initiative) and give examples
What are the advantages of ethics guidelines ?
Chapter 4 Solutions
Understanding Business
Ch. 4.2 - Prob. 4.2AQCh. 4.2 - Prob. 1TPCh. 4.2 - Prob. 2TPCh. 4.2 - Prob. 3TPCh. 4.4 - Prob. 4.4AQCh. 4.4 - Prob. 4TPCh. 4.4 - Prob. 5TPCh. 4.5 - Prob. 4.5AQCh. 4.5 - Prob. 4.5BQCh. 4.5 - Prob. 4.5CQ
Ch. 4.5 - Prob. 1SSCh. 4.5 - Prob. 6TPCh. 4.5 - Prob. 7TPCh. 4.6 - Prob. 4.6AQCh. 4.6 - Prob. 8TPCh. 4.6 - Prob. 9TPCh. 4 - Prob. 1CTCh. 4 - Prob. 2CTCh. 4 - Prob. 1DWSCh. 4 - Prob. 2DWSCh. 4 - Prob. 3DWSCh. 4 - Prob. 4DWSCh. 4 - Prob. 5DWSCh. 4 - Prob. 1TITCh. 4 - Prob. 2TITCh. 4 - Prob. 3TITCh. 4 - Prob. 4TITCh. 4 - Prob. 1VCCh. 4 - Prob. 2VCCh. 4 - Prob. 3VC
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Similar questions
- List three common issues addressed by a typical code of ethics. How does a code of ethics resolve disputes as to what is acceptable and unacceptable behavior regarding the issues you have listed?arrow_forwardWhat are some corporate code of ethics based on your review of professional associations, such as IEEE, ACM, SANS, ISACA, ASIS, and ISC(2)?arrow_forwardwhat is the power of business integrity?arrow_forward
- Identify an oil pipeline or maritime tanker accident that forever changed industry standards. How did it specifically change standards and how did the standards affect the way the companies operate?arrow_forwardDQ3: Corporate Ethics: Discuss the situations in which the corporate entity should be disregarded. Describe any situations they know of in which the behavior of a company was so socially repugnant that the owners should have been held personally liable. Is it easier to start a business in “virtual” space than in “real” space? Is it less (or more) expensive? What are the applicable laws? Perhaps most important from a business person’s perspective, is it possible to turn a profit? How? Are there different considerations for choosing an organizational form for doing business on the Net than there are for doing business elsewhere? If so, what are they? What legal principles and laws apply to online sexual harassment in the workplace? How might employee cyberstalking be prevented, both from a legal and a practical point of view?arrow_forward47. Good business ethics is:a. the lawb. best practicec. entirely voluntaryd. irrelevant to societyarrow_forward
- Mention 5 principles of business ethics.arrow_forwardWrite a report that covers potential ethical and corporate responsibility issuesin your organization following issues .Introduction and conclusion Write a brief conclusion and an introduction to the report.arrow_forwardexplain how a code of ethics is developed and state the importance of each step in the process of developing a code of ethics. It should include the following topics, which are part of the code development process: a. create an institutional ethics committeeb. analyzing risky behaviors in a professionc. identifying principles and determining behaviors.d. drafting and submitting for approval.e. determine communication and awareness strategiesf. establish compliance verification activities and implementation of reporting mechanisms.g. conduct periodic reviews and updates to the code.arrow_forward
- 1. Why business ethics important.arrow_forwardDo you feel the professional code of ethics is just a guideline and has many grey areas, or do you feel it is black and white? Locate your professional code of ethics or one from a related field and support your response with examples.arrow_forwardCreate a mind map showing, in your opinion, the main challenges and organizational concerns that affect the issue of Business Ethics nowadays. The intention is for you to show that you understand the factors and issues connected with Business Ethics. In order to analyze your mind map, you are required to write a 1000 word (+/- 10%) report that takes into account the following questions: What do we mean by the term "Business Ethics"? How does the concept of Business Ethics affect organizations in today's continuously changing global environment? How important is it to the effective and efficient running of the organization and how does it contribute to the attainment of its short and long term goals and objectives? Why is it important for human resource professionals to educate other managers and employees in their organizations about HR functions?arrow_forward
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