The idea of being ethical shouldn’t only play a role in business fields, but also in a normal person’s everyday life. Being ethical pertains to what one thinks is right and wrong. For some one thing may be right while for others that same thing may be wrong, it all depends on your own beliefs and morals. In the accounting world being ethical deals with morals and embedding trust into a company. For small business investors, creditors and managers being ethical is a simple way of staying out of trouble, and is easier to distinguish between right and wrong. WorldCom was one of the biggest telecommunication company that our world h as seen and also had one of the largest accounting frauds in history. WorldCom was a company that did not stay ethical in their ways of doing business. In accounting, the ethical consideration is honesty. You want to help your client to pay as little tax as possible, but you also do not want to cheat the government. In business, the ethical considerations are honesty, fairness, and quality. You want to make money by paying the lowest possible wages and producing goods as inexpensively as you can. But you also do not want to starve your employees, or produce shoddy goods that will give you a bad reputation. You also want to outsell your competition, without resorting to unfair business practices. According to the journal article An Analysis of Fraud: Causes, Prevention, and Notable Cases by Kristin Kennedy we see the development of WorldCom and
Shadow charts were developed to gather data and information for additional departments and medical personnel that need access to part of a patient’s file or records. The original records should always remain in the patient’s primary chart allow copies may be available to ancillary departments that may need access to the information. The same level of confidentiality and security applies to the shadow charts. They must be in a secure location with access by authorized personnel only. Additional information that should be included in shadow charts is a formal recording process to document those who access the information. Furthermore, a consistent system of upgrading the
The two major ethical considerations that are important to address are 9.02 - Use of Assessments and 9.06 - Interpreting Assessment Results. 9.02 - Use of Assessments is particularly important because the psychologist must consider the individual’s language preference and competence. As was noted in the initial case description, Brandon’s parents are both Polish immigrants, and Brandon spoke Polish in home until he attended junior kindergarten. Although he may not have an accent, his language preference should be noted as English may not be the language he is more comfortable using. 9.06 - Interpreting Assessment Results should also be considered. Brandon’s test-taking abilities should be highlighted, as he is suspicious and ambivalent towards the psychological testing. These feelings may negatively affect his test scores, as he may try to either hide how he truly feels, or lie to make himself seem better or worse. It should also be noted that there could be other client characteristics that affect his scores as well, particularly cultural factors.
“Business ethical values vary by company, and are defined largely by the behaviors and values that govern a business environment. In general, business ethical values are a set of guiding principles that encourage individuals in an organization to make decisions based on the company’s stated beliefs and attitudes toward business practices within its industry.”(1)
Everyone knows that direct- to consumer-marketing is focused on the patients. There are a lot of ways to get the attention of these patients. Advertising can be done through social media, print, radio, television, and word of mouth. “Prescription direct-to-consumer advertising has become a highly scrutinized and researched topic in healthcare marketing,” (Rollins, B.L., King, K. Zinkhan G., & Perri, M., 2011.).
Discuss the ethical dilemmas PMHNPs sometimes find themselves in and name the opposing ethical principles
Everything in life has a trade off. "Ethics is defined as the moral principles that govern a persons behavior." Ethics is constructed by society, and personal values, the purpose of code of ethics is that it gears all organizational conclusions, creating a groundwork in which all conclusions are drawn. This can benefit to build a sense of barriers through the organization. A well thought out code of ethics can assure a companies standing. Looking at the world of business and ethics, it is clear to see that there are many possible tradeoffs. One can be loyal to the company, and not have the best success, or one can be deceiving and manipulating in order to become rich and successful. The motivation for researching this topic is to see how the
Since my journey here at Bryant began in September, I have changed so much. Coming here, I expected certain things such as my study habits, daily routine and friend group to be altered. One change I was not anticipating making was my approach to ethics. Over the course of the past fifteen weeks, my knowledge of ethics as well as my approach to ethics has changed. I have become more knowledgeable about the different approaches to ethics and have gained insight as to where I stand in my approach to ethics.
This paper primarily consists of a personal response to a few questions about ethics in business. Describing the meaning of ethics sets the criteria for evaluating if actions are ethical. Looking at current and future career work, the concept of ethics is applied to predict ethical challenges. Based on this coursework, and outside research, resources will be identified that may be beneficial when business ethical challenges arise. The coursework on ethics covered law, conflict of interest, accounting, environment, finance, marketing, management, reputation, and corporate social responsibility. All of these topics are corporate concerns. Some topics may present dilemmas during the course of business. The responses in this paper
Ethical business behaviour requires acting in ways that society and individuals think are good values. This tends to be good for a business, since it involves in demonstrating respect for key morale principles and includes honesty, fairness and equality. Ethics are values on what is right and wrong. Markets have become immensely more competitive and businesses need to act more ethical to ensure that their products are being sold, since brand image could increase because consumers can see that the business is more environmentally friendly. Especially nowadays, that people are starting to realise more about the current state of their environment, therefore customers are more likely to buy the product that has a more ethical background.
This sections starts with how decisions can affect ethical behavior. Most people have unconsciously developed a decision-making process in situations such as a workplace or in their personal life. The steps of decision-making are as follows: Developing a problem statement, identifying alternatives, evaluating and choosing alternative, implementing decisions, and evaluating results. If any of those steps does not result as a success, then the decision-making process is repeated until it is successful.
Ethical dilemmas are presented to humanity often. What is an ethical dilemma made up of? Ethical dilemmas consist of controversial choices, peer pressure, strong opinions of society on both sides, and pull against personal values. However, the knowledge bank that a person has, or is willing to acquire will influence the resolution made. Paul is a young man that has had several accomplishments, including the starting position that he earned by working hard in the weight room and on the field. Although, members of the team have been trying a new performance enhancing drug that has shown remarkable results, is not on the banned drug list yet and does not show up on drug tests. His coach seems to be aware of the use, but has not acknowledged that members of the team may be using it with marked improvement. Furthermore, the coach’s decision seems to be based on that he has a winning team and the drug is not banned as of now. In fact, Paul’s coach is looking at making some changes, and his starting position may be one of them. Paul’s friend has just handed him a sample of this drug, and now he’s faced with a possible life changing decision. In this paper Paul will take a look at this ethical dilemma that exists throughout the sports world, evaluate his core beliefs, resolve any conflicts that remain, look at the unintended consequences of his conclusion, and compare his conclusion with another verdict- just in case.
After careful consideration of the lawsuits presented in Chapter 20 of the text, this writer chose two lawsuits that violate standards in which important future cases were based upon due to the outcomes of these cases. The first case is that within an employment setting in which testing was used to determine employee performance, yet was considered to not be valid or reliable. Griggs vs. Duke Power Company, 1971 brought to question if the testing that was being used to hold back African Americans from higher paying positions was valid (Kaplan & Saccuzzo, 2009). The same test however, when given to the Caucasian employees, did not provide fruitful results as they too failed the test. Standards require that businesses must demonstrate
Ethical Guidelines in different professions serve a variety of purposes to keep research participants safe and ethical. I believe that these guidelines or codes assist researchers with their studies so that the study being performed is accurate. Ethical codes or guidelines assist with providing a practical guide to members of their profession who might be experiencing a moral or ethical dilemma concerning their professional conduct in a particular circumstance (Poythress (2011). I think that if a person in a professional field finds themselves in a moral or ethical situation then the ethical guidelines can be very helpful in providing counsel. The purpose of this paper is to study the ethical consequences and show other ways to comply with accurate ethical values. Informed consents, protecting participants from harm and abiding by ethical guidelines helps research studies to be more accurate and precise.
A lot of challenges are encountered and requires considerations when dealing with ethical and legal issues in our “Education System”. Cooper and Schindler (2011) defined ethics as “norms or standards of behavior that guide moral choice about our behavior and relationship with others” (p. 49). Also Sileo, Sileo & Pierce (2008) defined ethics as a “system of moral principles and values that relates to individual behavior, a class of human actions, or a specific professional group” (p. 44). However, this relates ethics to be a reciprocal process that communicates the professional roles and responsibilities of individuals. Notably, in every profession or business, there are basic ethical and legal standards that are exhibited. These are: “confidentiality, misrepresentation of results, deceiving people, using invoicing irregularities, avoiding legal liability” (Antle & Regehr, 2003, p. 136).
Ethics are moral principles that govern a person's behavior or the conducting of an activity. Ethics differ from religions to culture depending on the upbringing of the person and prior education. Ethical Understanding is accepting diverse options and considering all opinions to obtain a fair understanding of often debatable topics. It also helps people make unbiased decisions and appreciate that everyone is different. People can coexist with different ethical beliefs and can regularly change their viewpoints. Cheating is an example an unethical behavior. Although most people consider it wrong, some people believe it can enhance games and make it more fun. A person with good ethical understanding