Priority of values should be identified so as to aid the organization avoid breaking laws by following the stipulated requirements of operation.
The top three of four values should be reviewed to help the organization determine which values currently help it fulfill its mandate. For example, in the accounting department, the organization should identify accuracy and confidentiality as the key values to the success of the department. Values needed to identify current issues should be brought to fore. This should be done by selecting a few people to interview the members of the organization in identifying key areas that require attention in the organization. Out of the issues identified, determine which ones are ethical and device ways in which the organization can solve them.
It should be noted that not all remedies can be obtained for any ethical dilemma that might arise. Emphasis should be made on dilemmas that don't occur…...
Ethics Program
Imagine company Toyota ethics program effective program . The Federal Sentencing Guidelines Organizations encourages firm set ethics programs. eview Website, located http://www.ussc.gov/guidelines, prior assignment.
Toyota Corporation is a multinational automaker in japan and is the world's largest automobile manufacturer. The company employs a large number of employees in different departments with different key objectives in order to achieve the organizations different objectives. Toyota Corporation has a corporate philosophy that is well communicated to the employees and facilitates the achievement of their goals. The managers of the organization view employees as the most important factors who contribute towards the achievement of set objectives. An ethics program is a systematic approach to raising ethical awareness of employees, providing education and guides on ethics.
Companies' focus of writing codes of conduct is transforming from writing the rules to regulate conduct to leveraging value-based codes that inspire principled performance among executives, management and employees.…...
mlaReference
Ferrell, O.C., Fraedrich, J., & Ferrell, L. (2012). Business ethics: Ethical decision making and cases. Mason, OH: South-Western/Cengage Learning.
Hill, C.W.L., & Jones, G.R. (2010). Strategic management theory: An integrated approach. Boston, MA: Houghton Mifflin.
Wulf, K. (2012). Ethics and Compliance Programs in Multinational Organizations. New York: Gabler.
Ethical actions within organizations have attracted increased attention and concerns in the past few years because of recent incidents of unethical behaviors by management of some leading corporations across the globe. These incidents have in turn contributed to more scrutiny of activities of corporations and individuals who act on behalf of organizations. As a result, organizations have reacted to the increased scrutiny by developing and implementing formal ethics programs to help determine suitable actions for people who work for the company. As the ethics officer at Company X, a new business entity, one of the most important elements for enhancing the success of the company is developing an ethics program that will be included in the new employee handbook. The ethics program, which is the subject of this article, will include standards and procedure segment, an ethics training segment, a segment about employee misconduct, and an action plan for assessing…...
mlaReferences
"Compliance and Ethics Program and Code of Conduct." (n.d.). The Providence Service
Corporation. Retrieved December 21, 2014, from http://www.provcorp.com/Lib/download/Corporate%20Ethics.pdf
"Corporate Compliance Program Overview." (2013). Orange AHRC. Retrieved December 21,
2014, from http://www.orangeahrc.org/Joomla/images/stories/Compliance/2013_Compliance_Program_Overview.docx
company ethics program effective program . The Federal Sentencing Guidelines Organizations encourages firm set ethics programs. eview Website, located http://www.
Ethics Program
The following pages focus on presenting the challenges that JEMC must address in order to improve its codes of ethics and conduct. The Company Presentation section provides the description of JEMC and the presentation of the codes of conduct of important companies in the industry. The Ethical Challenges section analyzes the ethical problems that the company's activity must address. The Federal Sentencing Guidelines for Organizations discusses the guidelines developed by the government in the case of companies that do not follow rules and regulations. The Challenges of the Codes of Conduct section analyzes some of the most important problems determined by developing these codes of conduct. The elevance of Codes of Conduct section provides some recommendations on how the relevance of these codes of conducted can be improved.
Company Presentation
The…...
mlaReference list:
1. Nair, M. (2011). New Code of Conduct to Set Boundaries. Retrieved August 31, 2011 from http://gulfnews.com/mobile/business/media-marketing/new-code-of-conduct-to-set-boundaries-1.981527 .
2. ICC Commission on Marketing and Advertising (2012). International Chamber of Commerce. Retrieved August 31, 2012 from http://www.iccwbo.org/advocacy-codes-and-rules/areas-of-work/marketing-and-advertising/ .
3. Statement of Ethics (2012). American Marketing Association. Retrieved august 31, 2012 from http://www.marketingpower.com/AboutAMA/Pages/Statement%20of%20Ethics.aspx.
Therefore, the best way to help employees act ethically is to view the workplace and daily operations as a training ground.
In your estimation why is there a growing need for organizational ethics programs? What are the factors contributing to ethical problems in the global corporate world? What are possible solutions?
The need for organizational ethics program is growing for several reasons. First, organizational ethics have become crucial for companies to avoid legal and financial distress. Second, ethics help businesses run smoothly and well, attracting the best caliber of employee. Ethics programs are important especially in large organizations with a diverse staff. Global and multinational companies will be working with people from around the world, who operate in unique ethical environments. Ethics programs help multinational companies create standards for employees that will help avoid conundrums and miscommunication. Ethics programs bring all employees together on the same page and therefore become integral…...
There are a couple of reasons for this. One is that outcomes are what the public sees. Therefore, it is the potential outcomes that should be the guiding ethical principles. Ethics are mainly a problem in business when a company is perceived as unethical. Monsanto is a great example - few people have any ethical problems with this company, so their lack of ethics does not impact their business prospects.
The other reason why outcomes should be the guiding principle is because one of the most significant sources of ethical problems for companies is front-line managers. These low-level managers face strong pressure from above, but are generally not the firm's best decision-makers. As a result, they make poor decisions in response to pressure. If these managers were guided by duty as their main ethical principle, they would respond to pressure by doing whatever they feel senior management wants them to…...
Ethics
Imagine that it's your responsibility to select an ethics officer for your organization. What qualities, background, and experience would you look for? Why? Would you ever be interested in such a position? Why or why not?
An ethics officer plays a significant role for an organization. In the selection of the right ethics officer for my organization, I would have to consider several major factors such as the personal qualities, background and experience. First of all, the ethics officer should posses the following qualities: honesty, truthfulness, integrity, fairness, accuracy, and significance of moral values. These qualities are the basic ingredients that should be searched thoroughly in the ethics officer during the selection process.
The background of the ethics officer should be related to any field such as business, medicine, engineering, sociology, psychology or armed forces, but it should be kept in mind that the ethics officer belongs to a specialized field with…...
mlaReferences
Luthans, F. (2003). Organizational Behavior."Ethics," 2nd Ed, .pp.441-494.
Trevino, L.K. & Nelson, K.A. (2007). Managing Business Ethics -- Straight talk about how to Do it Right -- Fourth Edition John Wiley & Sons, Inc. Copyright 2007 ISBS 0-471-75525-7
Ethics
With respect to the ethics audit, the company shouldn't change anything other than to institute it. Where we left off, the ethics audit was external, and this is critical, because many of the current ethical issues arise because of the relationships within the company and the way that the different interests within the company are represented in the current ethics program. So the ethics audit has to be external.
The other issue with the ethics audit is that too many people within the company did not seem to want the external audit to take place. This is a major problem, so the delays in the timing of the external audit should be eliminated. The external audit needs to take place as soon as possible, which is the major change that should occur. Let the external auditors determine how and what to investigate -- their ability to ask questions that Jerry or…...
Ethics
Corporate Governance & Business Ethics
It is quite interesting to note that, academic research in business ethics was a totally distinct discipline from research in corporate governance, and the application of the word 'ethics' was uncommon in available research on corporate governance. The chief responsibility of corporate governance was understood to be safeguarding the benefits of the shareholders. Because of the severance between ownership and management, and the incapability of the independent owners to supervise the performances of those managers, a possibility was available for vital strategic decisions to be taken which would advantageous for the managers to a more larger extent compared to the owners. For example, takeovers not related to the organization's core competence outcome in a bigger corporation, however, it does not result in a more profitable company all the time. Certainly, research has proved that extremely increased extent of isolated diversification normally resulted in lower profits. (Corporate…...
mlaReferences
Beekun, Rafik; Singh, Manohar; Stedham, Yvonne. Center for Corporate Governance and Ethics. Retrieved from Accessed on 26 June, 2005http://www.unr.edu/facultysenate/reports_proposals/documents/ccge_ms_14_ys.pdf
Corporate Governance & Business Ethics. Retrieved from Accessed on 26 June, 2005http://www.pwcglobal.com/Extweb/service.nsf/docid/FB60A9175892EEB185256D9100699076
Ethics and Corporate Governance: Is There One Best Way? Conference Overview: Prudential Business Ethics Center at Rutgers. March 25, 2004. Retrieved from / Accessed on 26 June, 2005http://www.pruethics.rutgers.edu/conf/corpgov2004
Hollinger, Susan. B. Corporate Governance: Codes of Ethics to Guide Corporate Conduct. July 2002. Retrieved from Accessed on 26 June, 2005http://www.gcglaw.com/resources/bs/ethics.html
By attempting to suppress debate about the subject, Monsanto created and subsequently reinforced the notion that BGH is a harmful substance. Eventually, the company was forced to exit the business, because of the damage they did to the product's reputation.
There are times when good ethics demands that a new product innovation be dropped, and this was likely one of those times. By pursuing profit instead, Monsanto has put the health of many Americans at risk and called even more attention to their unethical practices.
orks Cited
Financial information from MSN Moneycentral. Retrieved February 3, 2009 at http://moneycentral.msn.com/investor/invsub/results/statemnt.aspx?Symbol=MON
Monsanto 2008 Annual Report. (2008). Retrieved February 3, 2009 at http://www.monsanto.com/investors/financial_reports/annual_report/2008/default.asp
No author. (2008). Monsanto Receives Top Award from Leading Legal Publication. Monsanto Corporation. Retrieved February 3, 2009 at http://monsanto.mediaroom.com/index.php?s=43&item=660
No author. (2008). Monsanto Human Rights Policy. Monsanto Corporation. Retrieved February 3, 2009 at http://www.monsanto.com/pdf/responsibility/human_rights_policy.pdf
Klotter, Jule. (2002). Monsanto PCB Legacy. Townsend Letter for Doctor's and Patients. Retrieved…...
mlaWorks Cited
Financial information from MSN Moneycentral. Retrieved February 3, 2009 at http://moneycentral.msn.com/investor/invsub/results/statemnt.aspx?Symbol=MON
Monsanto 2008 Annual Report. (2008). Retrieved February 3, 2009 at http://www.monsanto.com/investors/financial_reports/annual_report/2008/default.asp
No author. (2008). Monsanto Receives Top Award from Leading Legal Publication. Monsanto Corporation. Retrieved February 3, 2009 at http://monsanto.mediaroom.com/index.php?s=43&item=660
No author. (2008). Monsanto Human Rights Policy. Monsanto Corporation. Retrieved February 3, 2009 at http://www.monsanto.com/pdf/responsibility/human_rights_policy.pdf
Ethics and Social Responsibility
Companies, like people, are bound by ethical requirements -- a responsibility to consumers and customers. Companies are expected to do follow up on the promises of their advertisers. All companies make ethical declarations as part of their vision and operational philosophy, but quite a few to do little to live up these declarations. Recently, Enron's bankruptcy has brought to light some actions that appear to be at least unethical, if not actually illegal. The effect of the Enron fallout has affected not only the employees of Enron but also the shareholders and many of its offshore plants around the world (India).
Foreign Corrupt Practices Act (FCPA) was enacted in 1977. An investigation by the Securities and Exchange Commission (SEC) in the mid-1970's showed that over 400 U.S. companies admitted to making questionable or illegal payments in excess of $300 million to foreign government officials, politicians, and political parties.…...
mlaBibliography
1. "Understanding and Complying With The U.S. Foreign Corrupt Practices Act"
1999.) Extracted from Website: http://www.coudert.com/practice/fcpa2.htm
2. "The Yakuza influence on Lockheed Martin" (2001). Extracted from Website: http://www.crimelibrary.com/gangsters3/yakuza/3.htm
3. Booth, M. (2000). "The Dragon Syndicates: History of the Chinese Triads," Carol & Graff Publishers, New York.
There is a ripple affect that ensues from this as well, reaching out to affect jobs, which affect incomes, which again affect economical aspects.
5. The ethical decision-making framework includes the concepts of ethical issue intensity, corporate culture, and individual factors. Discuss how these concepts influence the ethical decision-making process.
The ethical issue intensity concept is truly foremost in determining the degree by which the decision-making process is extended. When the degree of intensity regarding the ethical issue at hand is substantial, the decision making process is likely to be handled with either more care in its concern or more hastily in its chaos. Factoring in corporate culture, the decision making process will be sensitive to the exact nature of the ethical issue in connection to specifics outlining the concept of corporate culture. Individual factors will contribute to the decision-making process according to the various manners of the specific individual factors,…...
. What do you think about the notion presented by Terris that Lockheed\\\'s ethics program does little to prevent ethical breaches at the highest level of the organization?I somewhat agree with the notion present regarding Lockheeds ethics program. As stated by Terris on page 117, Lockheed Martins ethics program addresses people, but it does not address systems. Here, Terris looks to make that point that ethics programs within the corporation are much more reactionary as oppose to forward looking. Likewise, according to Terris, little is done to oversee the ethical standards of top-level management. In the case of Lockheed Martin, the lower level employees often have standards and procedures to operate ethically, but high-level management often does not have nor even comply with these standards. For one, there is very little oversight and pushback for top level executives in the organization. In many instances the board of directors is subject…...
mlaReferences 1. De George, R. T. (1994). International Business Ethics. Business Ethics Quarterly, 4(1), 1–9. Hoffman, W. M., & Moore, J. M. (1982). What Is Business Ethics? A Reply to Peter Drucker. Journal of Business Ethics, 1(4), 293–300. http://www.jstor.org/stable/25071354 3. Sears, B. (2007). Ethics Corner : Building an Ethical Culture from the Top. National Defense, 92(645), 75–76. http://www.jstor.org/stable/453717464. Stafford, J., & Hickey, D. (2005). ETHICS CORNER: Defense Industry Teams Must Consider Conflict-of-Interest Concerns. National Defense, 90(623), 58–59. http://www.jstor.org/stable/453683895. Svensson, G., & Wood, G. (2008). A Model of Business Ethics. Journal of Business Ethics, 77(3), 303–322. http://www.jstor.org/stable/25075564https://doi.org/10.2307/3857554 2.
Ethics
Before resuming my educational endeavors at the University of Phoenix I was fortunate enough to experience life and many of its travails as a business person and employee. During my tenure in those endeavors I observed a number of events that I considered unethical, and a number of actions taken by individuals that I found both reprehensible and repulsive. I was often amazed at the capabilities of mankind to justify their actions, when it was quite evident that such actions would not be considered ethical in any circumstances, no matter what the justification.
Ethics has always been a concern, whether individuals worked in education, business or even the medical field. One early study determined that there were many young managers that had reported being asked implicitly to do things they personally believed were unethical, and sometimes illegal (Badzek, Mitchell, Marra, Bower,1998). Oftentimes these young managers feel the pressure to take actions…...
mlaReferences
Badzek, L.A., Mitchell, K., Marra, S.E., Bower, M.M., (1998) Administrative Ethics and Confidentiality/Privacy Issues, ANA Periodicals, Vol. 3, No. 3
Chaloner, C.; (2007) An introduction to ethics in nursing, Nursing Standard, Vol. 21, Issue 32, pp. 42 -- 46
Dessoff, A.; (2010) Battling sexual abuse, District Administration, Vol. 46, Issue 3, pp. 50-56
Rosenkoetter, M.M. & Milstead, J.A.; (2010) A code of ethics for nurse educators: Revised, Nursing Ethics, Vol. 17, Issue 1, pp. 137-139
Ethics Application
Ethics inventory is a program that evaluates ones particular ethical style. Everyone has their own view of ethical behavior and expectations hence it is important everyone to realize for everyone to realize what that perspective is, hence this program asks various questions and evaluate the answers and eventually realize what type of ethical person one is. Most people base their ethical views on character, obligation, results or equity. People might have blended styles that place them in two categories at the same time (Collak, 2007). This paper will look at how educational experience has affected the way I think ethically. It will further look at how I use ethics in my way of thinking and every decision making process that I undertake. Finally the paper will highlight on the potential for conflict in situations where people have different interpretations of ethical behavior.
From the results of my ethical awareness profile,…...
mlaReference
Collak, V. (2007).Ethics Awareness Inventory Interpretation. Retrieved December 7, 2012 from http://collak.net/index.php?view=article&id=50&tmpl=component&print=1&page=&Itemid=60
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