Annual Report 20: 20-Related Ethics Cases

Revisions for the 7th edition by Eric D. Yordy, The W. A. Franke College of Business

Ethics, in business, refers to moral principles and standards that define acceptable behavior in the world of business. Ethical decisions foster trust among individuals and in business relationships. Recognizing ethical issues is important in the workplace. An ethical issue is an identifiable problem requiring a person or organization to choose from among several actions that may be evaluated as ethical or unethical. When you’re determining is a situation is ethical or not, there are three factors to take into consideration. Individual factors, organizational factors, and opportunity. Individual factors are sets of principles that describe what a person believes are the right way to behave. Organizational factors include the influence of managers, coworkers, and the work group. Opportunity is a set of conditions that punish unfavorable behavior or reward favorable behavior. “Target thrives on competing to win in the marketplace. We compete and negotiate actively, but always with integrity. Taking advantage of anyone by manipulating or concealing

Ethics and moral obligations are issues we all encounter at one time or another. In the professional setting, all people should act in a manner that would uphold the good of society. To be ethical, one has to determine their obligations, moral ideas, and moral philosophy (Boatright, p. 19, 2009). The case analysis involving Jacob Franklin was a perfect example of how an individual can face the dilemma of doing what is right or wrong. Businesses have their own code of ethics, and the employees within the business have to determine whether or not they will follow the company’s code of conduct. I will discuss several ethical issues in the case analysis including; failure to report information, remaining silent regarding faulty equipment,

Basis interoperability refers to the standard data sharing (Blazona & Koncar, 2007). This standard includes clinical observation, laboratory, pharmacy, medical devices, imaging and insurance transactions. It also provides the exchange, management and integration of data that support patient care and care management, as well as the delivery and evaluation of healthcare services. Advanced interoperability consists of the uniform presentation of healthcare data, uniform user controls, and uniform protection of patient confidentiality. While developing the health port, the HL 7 standard package used was Clinical Document Architecture (CDA). This wireless system will help the nurses and other clinicians to communicate through text messages and pager alerts (Blazona & Koncar, 2007). By customizing the quality and type of message they receive, it is helpful for the nurses to avoid the unwanted alerts and messages through the new system. This wireless system enables the nurse’s greater mobility and thereby increasing their efficiency to take care of their patients.

Managers who are managing health care organizations must be attentive to the accounting practices and must obey and practice the financial management procedures to be able to solve any issues if any should arise. With the continuation of the high costs of health care managers as well as consumers must know how to budget carefully. According to All Business. (2010), the cost of providing health care services, patients way of payment for these services and the environment in which those patients reside and receive those services are important elements that affect the care this is or may not be

At a minimum of once a year, the entire company will convene for an Ethical Situations Round Table. Topics will include newsworthy stories of other companies and any closed ethical issues within the company. This is a time not only to discuss ethical situations but to work as a group in finding the ideal solution to how the company should handle similar issues. We want to be a step ahead and be prepared for events that could affect the company.

Violations of company standards, policies, procedures, and ethics program guidelines, could result in employee reprimand, probation, suspension, salary reduction, demotion, or dismissal. In addition, employees may be held responsible for damages and/or losses, or referred for criminal prosecution or civil action.

There are four elements of management that helps the organization maintain a control and decision-making of the processes and systems of the hospital. These are elements that contribute to better choices and the steps to achieve the organization goals.

Unfortunately, a quick scan of the business news will normally result in reports of unethical business behavior. To prove this point, let’s start with a review of the news for stories about fraud and other unethical behavior in business. You can use the University Library to start your search. Once you have located an article share it with the class by developing a summary of the important information. Make sure that you give credit to your source.

Mead & Hampson (1996) developed a study involving the divided visual field paradigm and a phonological rhyme/non-rhyme task to test the speed and accurateness of either side of the brain. This study was used to investigate functional asymmetry between the left and right hemispheres in phonological processing. The research was taken out equally on 15 male and 15 females London Metropolitan University students ranging from ages 18 – 35 years old. They were all specifically chosen to be right–handed and had English as their first language thus providing a fair experiment to see whether our left hemisphere (left side of the brain) or the right hemisphere is faster and more accurate. In conclusion using the mean and standard

The reporting party (RP) stated a few months ago there was an 8 year old child named Jeremy (male) who was in the classroom with her 5 year old daughter. The RP stated the child was observed on several occasions being hostile and violent to younger children. The RP stated on one occasion while viewing the child on the facility camera tormenting and trying to suffocate a child named Victor with a plastic bag. When the incident was brought to the facility's attention the reply was he has mental issues and he probably did not have his morning medication. The RP stated around this same time frame the RP walked into the facility to pick up her daughter (name not provided) at 6:30pm and was advised to sign a form regarding an incident that took place

The Mass Gathering application that you presented to the Town of Cumberland meets our requirements. In addition you must provide a certificate of Insurance naming Cumberland Farmers Club additional insured.

Ethical is a word used to describe moral principles. While watching the movie Erin Brockovich, I was compelled by the unethical issues that presented themselves. These incidents were created by an decision that proved to be immoral. The movie displays several incidents in which unethical behavior is presented. While reading this paper, several unethical situations will be reviewed. Although Erin Brockovich intentions may have been for the greater good, several of the methods she used to gain information were immoral. She discovers the shocking secrets of Pacific Gas & Electric Company.

2. Ethical Issues in Business. It seems that every day in the news we are hearing of new company that has acted at least unethically and possibly illegally in the operation and financial reporting of their company's business dealings. There are many ethical issues in business. One major issue that we see is over and under reporting net income. Companies like to show that every quarter the net income of the business has an increase or profit. In order to show this they adopt unethical or illegal means in the operation and financial reporting. One such method is the indiscriminate use of stock options for employees that enable companies to take employment costs off balance sheet and inflate earnings. With the recent ethical issues we have

Martin Marietta took a hands-on approach in creating their Ethics Program, but monitoring 60,000 employees “ethical decisions” took a large workforce. In 1986, a committee including Martin Marietta and several other defense contractors created “A Defense Industry Initiative on Business Ethics and Conduct (DII).” Martin Marietta placed their entire company under a voluntary disclosure program, which required all employee misconduct to be reported, monitored, and resolved. To achieve this task, an audit committee was formed which tripled in manpower between 1986 and 1991. George Sammet was placed in charge of the Ethics program by insuring the employee’s complaints, questions, and concerns were heard and dealt with. “Ethic Officers” were placed at all of Martin Marietta’s branches to handle employee related issues. Ethical complaints could be made anonymously or vocally to field “Ethic Officers.” Once complaints were made the ethic officers would report them for investigation through audit, personnel, security, or legal staff. Almost half of the complaints which were reported were personnel related cases including salaries, promotions, and poor supervisory skills. But, with such an elaborate program, employees quickly became aware of possible retaliation for reporting issues. Once the issues were reported, they then needed to be dealt with. This could include verbal or written reprimand, transfer, or possible