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Ethical behaviour in management
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Recommended: Ethical behaviour in management
The ethical dilemma in this situation is knowing this employee is about to get laid off and also knowing he is planning on making a few major purchases which could be financially devistatingto the livelihood of this person and his family. On one had your boss has trusted you with vital information and expects nthing but the utmost professionalism on the other hand you have a moral dilemma on you conscience if you chose not to inform the employee. The question her is can you live with your decion to not say anything and allow the employee to make these major purchases knowing he will be unable to afford them with the lose of his job, do you tell the employee he may want to hold off making any major purchases or shuld you think of more subtle way to approach a conversation about the purchase and possibly make a suggestion hinting to hold off on the …show more content…
Following the LIFE test in Is It Ethical I ask myself is it legal the answer is yes it is fully legal moving on to the secod questin what Impact will it have on the individual the impact that it could have on the employee making a major purchase knowing that he is about to lose his job and will not have means to make the payments if he financies it or if he uses family savings it could cause a burden for the family not having the funds they just spet to survive until employment can be found. The third step in the LIFE process is Feel how will you feel knowing you knew and did not say anything and you hear later down the road the employee or exemployee has fallen on hard times and you could have help to eliminate some of the stress him and his family may be feeling. The last step In the LIFE process is
During 2014 there was an ethical dilemma that occurred at Canadian Tire. There was an employee named Samantha and she held the position of a Supervisor at Canadian Tire. Canadian Tire would give out Canadian Tire money to their clients depending on how much they have spent at the store and this was basically a marketing strategy for Canadian Tire whereby the clients could use the Canadian Tire money to purchase merchandise at the store. Samantha was in charge for restocking the Canadian Tire money at all times. Every time Samantha restocked the Canadian Tire money she would always withdraw few dollars out for herself and make adjustments on the paperwork and she would go to the Canadian Tire Gas station and purchase gas for herself. She went
Ethical decision-making is the responsibility of everyone, regardless of position or level within an organization. Interestingly, the importance of stressing employee awareness, improving decisions, and coming to an ethical resolution are the greatest benefits to most companies in today’s world (Weber, 2015).
Business ethics focus on what constitutes something being right and wrong. In the world of business, ethical and moral principles are applied by companies and individuals in situations that arise in everyday activities in the workplace. Typically these principles are based on our personal values, and they ultimately determine the end results of our decision making process. We should remember that business ethics is not a different type of ethics, nor one that is solely used in the workplace. The ethical standards we use to guide our decisions in our personal lives should be equally applied to our corporations and workplace activities. With that being said, is it ethical to use the tactics that Philippe Kahn did to generate momentum for his business?
Abortion has been a political, social, and personal topic for many years now. The woman’s right to choose has become a law that is still debated, argued and fought over, even though it has been passed. This paper will examine a specific example where abortion is encouraged, identify the Christian world views beliefs and resolution as well as the consequences of such, and compare them with another option.
The Wisson company policy stated “Personal payments, bribes or kickbacks to customers or suppliers or the receipt of kickbacks, bribes or personal payments by employees are absolutely prohibited”. (p.564) Dealing with employee ethics company policy this is where I would clearly start first. I have found during the course of this case study several facts that Valerie Young was faced with. While going to make photocopies she discovered her bosses personal companies document revealing commissioning and fees totaling $35,000 per month. Valerie also struggled with revealing her discovery with corporate headquarters, while justifying her own values to protect herself and fellow colleagues. Lionel Waters’ personal greed leads to wrongful business
In a workplace there are many decision to be made, however, an ethical decision is the most challenging. An ethical decision involves knowing what is right or wrong and then doing the right thing (McNamara, n.d). However, the right thing not always can be the correct decision; it will depend on the perspective of each stakeholder. An employee can make an ethical decision in regards to product or service. In order to further reflect whether a decision is ethical, I will consider an example extracted from the “Real-to-Life Examples of Complex Ethical Dilemmas” and the results from the answers to “Method One – Ethical Checklist.” The example that I’ve chosen is "A customer (or client) asked for a product (or service)
I have chosen the business profession topic of higher education administration. I am extremely familiar with this profession; as it is the job that I currently hold. There is a plethora of different activities and task that are dealt with on a daily basis within this profession. Some of these items consist of assisting both full and part time staff and faculty, maintaining order within budgets and finance, including all purchase orders and check requests, facilitating student awards, including scholarships, staffing and training within the department, as well as dealing with public policy and laws within the college. It is immensely obvious that this job would keep anyone busy. This alone is one of the reasons I love this profession so much. Each day brings something new, and important group of items to accomplish. Anyone who holds this job, would go into work everyday knowing that the tasks that they are about to perform, will create a difference to not only to the departments and its students, but will also make a difference within the entire college. This person alone has the responsibility of making ethical decisions every single day as well as watching out for others who may need help being pointed in the proper ethical direction based on their knowledge of the school’s ethics plans that have been put in place. If someone were unaware of the ethical standards in this profession, there is a lot of room for things to head in a corrupt direction rather quickly.
These ethical decisions are real-life situations where they are forced to make on a daily basis. This is why it is ultimately important that all employees know the six steps to ethical decision making that the company uses. The selected issue for the paper is where an employee has not given their current or potential customers accurate information when opening accounts or requesting new services from Washington Mutual. When a person is in the workplace, proper business ethics is used on a daily basis. An employee can make ethical decisions by applying their critical thinking skills to the situation, they can ensure that the decision that they make is the right decision.
This essay will discuss the ethical approach of utilitarianism that will help Oswald to choose the right action for him so that the company’s ethical reputation will not be ruined and the company will still be successful. There will be a critical evaluation, which assess Oswald’s situation and clearly discuss what appropriate actions needs to be taken by Oswald b...
In this assignment we will be identifying an ethical dilemma an individual has experienced. We will begin with a short introduction of what an ethical dilemma is, moving on to providing brief details of the dilemma an individual has experienced. We will then go on to selecting one ethical theory, to show how it can help an individual understand and deal with the situation when placed within, followed by a conclusion.
The following five-step model can help employees make appropriate decisions when faced with an ethical dilemma. The first step is to recognize the issue. Knowing what is the root cause and the main issue can help determine what ethical issue is at hand. The next step is to get the facts of the situation. Eliminating bias opinions and knowing the information source can increase the chances of making a good decision.
Notably, when a financial crisis emerges, the liquidity rate for money reduces to a level where saving cannot help in salvaging the already worsened money situation. For instance, one of the most prevalent financial crises took place in 2008 when the global money market went through a massive recession period thus creating a huge economic fuss across the globe. In any situation of financial crisis, companies and businesses are often faced by the problem of ethical dilemma on how to react to the financial crisis at hand. These ethical dilemmas are brought about by the fact that the business might have several options on reacting to the situation that is responsible for the financial crisis.
The business is thus at a better position due to such action from the manager. The ethics employed by the manager include the consideration of the employee’s issues before making decisions, making an attempt to solve the issue in other ways and the eventual agreement to the eventual actions, due to the aspects of the situation. The managerial skills employed would cover the employees need to make decisions in tandem with the manager, that have moral and real ethical or legal implications. And those decisions sway their company in terms of the manager and the proprietor. It is thus agreeable that conducting business in an ethical style is incumbent upon everybody in a business for legal and business causes. As a manager, it is very important to understand the ethical responsibilities so that one has to follow to meet your company 's anticipations as well as model suitable behavior for others, especially the
Moral distress is faced by the nurse when they are providing care to the patient and will have to negotiate ethical and moral dilemmas (Chinn & Kramer, 2010, p. 90). I had a patient who was 80-year-old non English speaking Hispanic female and had a discharge order at the change of shift. I worked night shift and our floor had 1:4 nurse: patient ratio. As soon as I got the report, my charge nurse wanted me to discharge this patient first. This is because we were full and she wanted me to get new patient once room was ready. As I went to the patient room, I communicated with her using telephone interpreter service to do her discharge teaching. I realized that she was not aware of the fact that she was going to get discharged. She was told by
Business ethics revolves around the importance of relationships between an individual and a business. The field of business ethics is very complicated because of the vast amounts of industries. The relationship between employee and employer is important in the success of a business. Unethical business behaviors can damage a business’ reputation and lose trust in an industry. Corporate and social responsibilities are the blueprint of a profitable business. Businesses that do not practice ethical behavior can affect people outside the business as well. Stakeholders can lose millions of dollars in stock because of unethical behavior inside a company. The social responsibility in this case is between the employees of our company and society. Joseph