Describe some of the common reasons for unethical practices by corporations. What mechanisms can a company put in place in order to prevent unethical practices by its employees?
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Describe some of the common reasons for unethical practices by corporations. What mechanisms can a company put in place in order to prevent unethical practices by its employees?
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- Why would a company continue to pursue illegal and/or unethical actions even after the deception has been uncovered? What policies, practices, or structures could be incorporated in a code of conduct to ensure that such deception was revealed sooner?Give an example of legal but irresponsible corporate behavior.How can a company’s code of conduct help safeguard against illegal and unethical actions being taken by employees when facing such pressures?
- How does an effective system of law provide a better environment in which businesses can operate successfully? How does this compare to situations in which there is little effective law governing business relations?Briefly outline the alternative approaches for corporations to undertake that would encourage more ethically responsible business practice, especially during the current challenging economic environment.Discuss factors that may influence the effectiveness of good corporate governance practices in a company.
- What are the three major legal forms of business organizations? Which one is chosen by most of the largest companies in the United States?What is the purpose of company policies and procedures and for whom are they developed?When presenting your answer, you must:Provide an example of a policy or procedure at your workplace (if you don't work, you can use an example from a company you select.)Identify how this procedure contributes to the company and which people it impacts.What are the rules that govern organizations and govern the social responsibility of business in the face of ethical scandals, corporate crimes and what are the legal implications for businesses that commit corporate crimes? Identify some rules or laws that govern social responsibility in business. Also what is the importance of those rules or laws to avoid corporate crimes.