...Ethics I have chosen to write my paper on business ethics and the different things that are being done to improve ethics in the business world. This tends to be the majority of what our book has focused on and what much of the corporate world is spending tons of resources to improve. I think much of the hype for improving business ethics stems from the most recent economic downturn in the world and America especially. This has led people to realize that corruption and unethical behavior was behind much of the financial meltdown that happened. People greed and selfish behavior led to doing bad business. That being said the government also had much to do with the business world becoming corrupt as well they seemed to promote this unhealthy greed and made people do the unethical decisions upon the basis that it felt good. It was the governments idea that everyone needed a home and should have a right because they live in America to own that home. Somewhere we forgot that owning a home has an ethical side to it as well. The ethics of owning a home are that a person makes a commitment to buy a home at a price and are obligated to pay for that home. An Ethical person would do everything necessary to pay for that home and honor the deal they made. On another Ethics note related to home mortgages if you look at the ethics of the lenders who are a business and the poor ethics that they maintained. An ethical company would not have given loans to people who could not afford them. I...
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...What’s your opinion of what happened here? Rubric: Ethical Sensitivity or Awareness Able to sieve out, recognize and identify ethical issues and risks in the case scenario Recognizes ethical issues and their implications, including potential consequences to various stakeholders Identifies aspects of the case situation that are likely to lead to a conflict of interest situation and/or making it susceptible to ethical risks2 (this rubric dimension overlaps the first 2). st You should pinpoint the unethical practices, actions and behaviour in LB (1 part of the qn).Then, discuss nd the implications and consequences for stakeholders resulting from these unethical acts (2 part of qn). 2. Could anything be done differently at Lehman Brothers to prevent what happened? Explain. Rubric: Ethical knowledge, understanding and Judgement Able to raise pertinent questions or clarify relevant information to obtain a clearer understanding and/or form an appropriate judgment of the issues involved in the case scenario Addresses relevant and incisive questions and the extent to which a clear understanding and judgment of the issues involved in the case scenario are exemplified with supporting illustrations Proposes and discusses the ethical notions of rights, duty, utility, virtue, or justice and fairness in resolving the problems or issues Here, you should discuss the other ethical approaches covered in the course which could have been adopted. Explain why you think these alternative approaches...
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...February 6 2016 Discussion Questions 1. Evaluate this situation from the view point of David Edmondson’s ethical leadership. What could Radio Shack have done differently? In this world some people crave money and power. To benefit these two things always, people choose the wrong paths. David Edmondson is one of them, because he cheated on his resume. David Edmondson is a fraud that means he is not an ethical leader at all. Because of Edmondson’s cheating his company RadioShack faced losses, so he didn’t do ethical leadership in his workplace. If a manager cheats, lies, steals, manipulates, take advantages of situations, or treat others unfairly that is not an ethical behavior. That is called unethical behavior. We can see lying on David Edmondson’s case, so we can say that he didn’t behave as an ethical leader. According to the text, “Ethical leadership is known as our core values and having the courage to live them in all parts of our life in service of the common good.” Before entering to a company a manager should know what is ethical leadership. If a manager doesn’t know what ethical leadership is, then he/she will never fulfill their job properly. If a manager doesn’t have knowledge about ethical leadership, then he will do unethical things in a company. Also, unethical leadership can create many problems, such as ethical lapses and social irresponsibility. To prevent all of these things in an organization we have to give ethics...
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... A. Practical Advice for Managers: Ethical Behavior III. Our Multiple Ethical Selves A. The Kenneth Lay Example B. The Dennis Levine Example C. Practical Advice for Managers’ Multiple Ethical Selves IV. Rewards and Discipline A. People Do What is Rewarded and Avoid Doing What is Punished B. People Will Go the Extra Mile to Achieve Goals Set by Managers C. How Goals Combined with Rewards Can Encourage Unethical Behavior D. Practical Advice for Managers: Goals, Rewards, and Discipline E. Recognize the Power of Indirect Rewards and Punishments F. Can Managers Really Reward Ethical Behavior? G. What about the Role of Discipline? H. Practical Advice for Managers: Discipline V. “Everyone’s Doing It” A. People Follow Group Norms B. Rationalizing Unethical Behavior C. Practical Advice for Managers: Group Norms VI. People Fulfill Assigned Roles A. The Zimbardo Prison Experiment B. Roles at Work C. Conflicting Roles can Lead to Unethical Behavior D. Roles Can Also Support Ethical Behavior E. Practical Advice for Managers: Roles VII. People Do What They are Told A. The Milgram Experiments B. Obedience to Authority at Work C. Practical Advice for Managers: Obedience to Authority VIII. Responsibility Is Diffused in Organizations A. “Don’t Worry – We’re Taking Care of Everything” B. Diffusing...
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... A. Practical Advice for Managers: Ethical Behavior III. Our Multiple Ethical Selves A. The Kenneth Lay Example B. The Dennis Levine Example C. Practical Advice for Managers’ Multiple Ethical Selves IV. Rewards and Discipline A. People Do What is Rewarded and Avoid Doing What is Punished B. People Will Go the Extra Mile to Achieve Goals Set by Managers C. How Goals Combined with Rewards Can Encourage Unethical Behavior D. Practical Advice for Managers: Goals, Rewards, and Discipline E. Recognize the Power of Indirect Rewards and Punishments F. Can Managers Really Reward Ethical Behavior? G. What about the Role of Discipline? H. Practical Advice for Managers: Discipline V. “Everyone’s Doing It” A. People Follow Group Norms B. Rationalizing Unethical Behavior C. Practical Advice for Managers: Group Norms VI. People Fulfill Assigned Roles A. The Zimbardo Prison Experiment B. Roles at Work C. Conflicting Roles can Lead to Unethical Behavior D. Roles Can Also Support Ethical Behavior E. Practical Advice for Managers: Roles VII. People Do What They are Told A. The Milgram Experiments B. Obedience to Authority at Work C. Practical Advice for Managers: Obedience to Authority VIII. Responsibility Is Diffused in Organizations A. “Don’t Worry – We’re Taking Care of Everything” B. Diffusing...
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...PART 1 1. “What conditions, if any, do you think justify the use of punishment?” a. I think that there are very few conditions that justify punishment. Punishment should not be in the workplace. The only conditions that should involve punishment are theft, harassment, violence, and any other illegal behavior. I believe the punishment they should receive is a trip to the police station, loss of job, and any other repercussions that should be given in the situation. 2. “Do you think most managers use punishment? If so, why?” a. I think most managers do use punishment. Every manager I have had used punishment, and it did not get good results. I think managers use the punishment card so they can get immediate results so as to avoid punishment from their bosses. 3. “What’s the downside of using punishment? Of using positive reinforcement?” a. The downside of using punishment that the long term results are not as impressive as the long term results for positive reinforcement. Punishment tends to get immediate yet temporary results. Punishment also paves the road for hiding things from the manager, lack of job satisfaction, higher turnover. b. The downside of positive reinforcement is that results take more time. Immediate results are not expected and will not happen in most situations. Positive reinforcement could also lead to employees gaining rewards for things not necessarily reward worthy. The chapter used a good example of this with the employee who was also thirty...
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...Ethics Is about Behavior A. Practical Advice for Managers: Ethical Behavior III. Our Multiple Ethical Selves A. The Kenneth Lay Example B. The Dennis Levine Example C. Practical Advice for Managers’ Multiple Ethical Selves IV. Rewards and Discipline A. People Do What is Rewarded and Avoid Doing What is Punished B. People Will Go the Extra Mile to Achieve Goals Set by Managers C. How Goals Combined with Rewards Can Encourage Unethical Behavior D. Practical Advice for Managers: Goals, Rewards, and Discipline E. Recognize the Power of Indirect Rewards and Punishments F. Can Managers Really Reward Ethical Behavior? G. What about the Role of Discipline? H. Practical Advice for Managers: Discipline V. “Everyone’s Doing It” A. People Follow Group Norms B. Rationalizing Unethical Behavior C. Practical Advice for Managers: Group Norms VI. People Fulfill Assigned Roles A. The Zimbardo Prison Experiment B. Roles at Work C. Conflicting Roles can Lead to Unethical Behavior D. Roles Can Also Support Ethical Behavior E. Practical Advice for Managers: Roles VII. People Do What They are Told A. The Milgram Experiments B. Obedience to Authority at Work C. Practical Advice for Managers: Obedience to Authority VIII. Responsibility Is Diffused in Organizations A. “Don’t Worry – We’re Taking Care of Everything” B. Diffusing Responsibility in Groups...
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...1 To Obey or Not to Obey: Unethical Military Orders Richard Cuoco SOC 120 : Introduction to Ethics and Social Responsibility Instructor : Stacey Hiles February 27th 2012 Military Orders 2 In a military environment following orders is essentially the top priority. Insubordination is generally defined as a willful or intentional failure to obey a lawful and reasonable request of a supervisor.1 Following orders shows that the organization is well structured and disciplined. Sometimes though an order comes down from above that you may feel is not ethical or it goes against your standard thought of what is right or wrong. Here I plan to discuss my thoughts on this topic as well as supporting my claim that through the use of utilitarianism, a solution to this issue could be reached. In the recent past the image of our military has been tarnished in perspective of the public eye as a result of some officers not following ethical conduct of the force. They believe that their thoughts and ideas about what can come from their orders are the only thing that matters and what you feel shouldn’t matter because you are a subordinate and should follow orders. With that said I believe that there should be an ethical process involved when making certain decisions. I also believe that all subordinates should let their superiors know what they think of certain common situations so there is no need to question someone’s ethics when there isn’t time to do so. In the civilian workforce...
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...people consider the same things both ethical and unethical. __5___ Careful study of trade journals. I think this is very appropriate since trade journal’s role to proved information for 3rd parties interested in the knowing financial health of the company __1___ Wiretapping the telephones of competitors. This in definitely illegal and unethical motion, because the information gathered will not be something that the company wants to share and therefore will be against their knowledge and will. ___5__ Posing as a potential customer to competitors. I am aware that companies do that, I don’t see any unethical actions in it. The management always wants to know the strength and the weaknesses of the competitors, especially the level of customer service. __3___ Getting loyal customers to put out a phone "request for proposal" soliciting competitors' bids __4___ Buying competitors' products and taking them apart. I feel that it is appropriate, because competitor is not making any harm to society or to the firm, an opposite there might a be a benefit to both if it will help to invent a better product __4___ Hiring management consultants who have worked for competitors. I think it is what companies do all the time. However if the manager have signed some papers not allowing him to work for a competitor for a certain amount of time it would be a different story. __1___ Rewarding competitors' employees for useful "tips". I don’t think it is appropriate, because if a worker still works...
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...Fengwei jin CSE 262 Professor Woods Position Paper #1 - Share the Wealth? I believe we all have encounter such circumstances that a friends turn to you for a copying of licensed software. Then we all have to face a same dilemma whether to copy the software, is it ethical or unethical to do so? Before we answer that question, let me ask you why would you choose to use unauthorized copies of computer software? Software is intangible and /or non-exclusive, Everyone does it, it is so easy to copy software, it doesn’t harm anyone, The low quality of software, Software is expensive, the risk of being caught is minimal and etc(Siponen, Mikko T., and Tero Vartiainen. "Unauthorized Copying of Software."). According to Act Utilitarianism all these reasons can be considered as actions to increase happiness so they could be ethical while if you use Rule Utilitarianism none of these reasons are ethical, these reasons are not compelling and we all must obey the rules that do not deceive and do not cheat. From what I’ve learnt in class I think it’s unethical to copy the licensed software to others. The economic situation of the borrower would not make me change my mind even if the motives for copying the licensed software are poverty(lack of money) and the desire to save money(cost-benefit/efficiency). Suppose this scenario “In our family there is an unemployed computer professional who needs to maintain his professional skills...
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...DQ1 - DUE 8/9 Organizational culture is in many ways beneficial for an organization and its employees but can also be a liability. What do you think are the most significant ways that organizational culture is beneficial? A liability? Be sure to provide specific examples. DQ2 - What is the difference between the position a person holds in a company and their political power? Is the top executive in an organization always the person who holds the most political power? DQ3 - What role does diversity play in managing change? What are some possible strategies for managing diversity? W4P - WHAT IS CONSIDERED UNETHICAL? Please RATE the following questions as: (1) VERY unethical (2) BASICALLY unethical (3) SOMEWHAT unethical (4) NOT PARTICULARLY unethical (5) NOT AT ALL unethical Based on the rating system above, HOW UNETHICAL DO YOU CONSIDER THESE BUSINESS PRACTICES? [Put the appropriate NUMBER next to the statement] 1. Using company services for personal use ______ 2. Padding an expense account up to 10 percent _____ 3. Giving gifts/favors in exchange for preferential treatment ______ 4. Taking longer than necessary to do a job _____ 5. Divulging confidential information ______ 6. Doing personal business on company time ______ 7. Concealing one's errors ______ 8. Passing blame for errors to an innocent coworker ______ 9. Claiming credit for someone else's work ______ 10. Falsifying time/quality/quantity reports ______ 11. Padding...
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...Discussion This week's graded topics relate to the following Terminal Course Objectives (TCOs): A | Given an organizational requirement to conform business practices to both the law and best ethical practices, apply appropriate ethical theories to shape a business decision. | I | Given specified circumstances of a business decision to expand to international markets, determine what international legal requirements or regulatory controls apply. | | Click on the links in the "Topics" section to view the discussion topics. Then, click "Respond" to add your thoughts to the discussion thread. | Topics | Introductions (not graded, but required) | The World Bank Situation (graded) | Ethics and Patent Rights Post 9/11 (graded) | Q & A Forum (not graded) | | The World Bank Situation (graded) | Class, please read Chapter 2, problem 5 from the Jennings text, p. 72. This week, we will discuss the Wolfowitz situation at the World Bank. Consider the questions at the end of the problem as you make comments in the threads this week. What are the ethics here? Was Wolfowitz trying to do the right thing? Does that make a difference ethically? Throughout the week, I will bring in further questions. Be sure to read the lecture and the international ethics article stated in your reading for the week as well. Rather than hitting the "Respond" button below to make your posts, please respond to any post made by me or your classmates below. | Expand All Collapse...
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...Accounting Ethics ETH 557: Accounting Ethics September 14, 2015 Ethical Issues for Companies As an accountant and being in the public or the private sector you have to remain loyal to your clients and to be loyal to the ethical guidelines and rules when it comes to a company or and individual person financial records for the purpose of reporting. Being an accountant you will run across some unethical issues and this would be regardless of the type of industry and their goal would be to reduce any and all factors that they would face when it comes to manipulating financial records and this could lead to an ethical issue or criminal violations. The Sears Auto Center Scandal As stated in the textbook (Duska, 2011) “Those who appeal to consequences over fairness and rights are called consequentialist. Finally, the theory that gives precedence to the issues of fairness, rights, and commitment, and advocates doing the right thing – no matter what the consequences to self and others – is called deontological theory. Under this theory, the end does not justify means.” (Duska, 2011; pg. 52 & 62) Identify the ethical issues involved in the case from a consequentialist and deontological perspective (refer to Chapter 2). Ethics will always be a key factor when it comes to deciding what society would deem as being acceptable in order to live out one’s life. This factor would develop as a person and would include the morale as a whole when possible. Applied...
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...I. Introduction In a workplace there is always be a rule or ethics, you must follow that to work in a peaceful way. You have the natural and the individual rights, but you can use it in other way in a workplace. Your right cannot be all execute in a workplace because there is ethics, which unite and bring both of you into successful and enthusiastic work in a workplace; for example, you have the right to eat and no one can remove it from you yet in a workplace you can eat but in exact time which is what we called the “Break Time”. Each individual have their own ethics yet as workers you have to follow the rule where you are working to avoid mislead and incompliance. Nature has placed mankind under the governance of two sovereign masters, pain and pleasure. It is for them alone to point out what we ought to do, as well as to determine what we shall do. On the one hand the standard of right and wrong, on the other the chain of causes and effects, are fastened to their throne. They govern us in all we do, in all we say, in all we think. Every effort we can make to throw off our subjection, will serve but to demonstrate and confirm it. Workplace is not only an economic system, but also, and most importantly, a social system. II. Definition of Terms Workplace – the place where one performs work or exerts effort. Work – is an activity that is necessary for our physical survival and wellbeing. Work is essential in providing us our basic needs of food, clothing and shelter...
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...Discussion Week 1 MGT 216 Nathan Schmidt Discussion Week 1 What is the difference between morals and ethics in the workplace? Might something be ethical but immoral? What about unethical but moral? Which is more important to an organization, to be ethical or moral? Why? Morals and ethics relates to individual character, ethics, and morals but also applied in business world. Ethics stresses a social systems to which application of morals that influences ethical behavior at work whereas morality consists of rules of human behavior and specifies that certain behavior or actions are wrong or immoral and others are right or moral (De George, 2010). The decision’s one makes, whether it is for personal or professional reasons falls into either an ethical or moral decision making category. Morals define personal character. Moral decisions are based upon the beliefs of the individual while ethical decisions are guidelines, standards, and laws that affect the business professional’s decision-making process. In an ethical climate, people are held accountable and decisions are made based on what is in the best interest of the company or its employees and not what nets the greater financial gain for an individual at the expense of the company’s ethical fiber. Issues that arise in business can sometimes be ethical but immoral or vice versa. Business organizations face ethical and moral decisions daily. Ethics in business are central in the organization as it provides standards...
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