Why is "trustworthiness" part of the six values for code of ethics. and give an example please.
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Why is "trustworthiness" part of the six values for code of ethics. and give an example please.
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- Copy the following questions into the submission window and provide answers for them. 1. A helpful first step in ethical analysis is to look for harms and benefits. What harms were done by this fraud? Can you explain exactly what the ethical wrong was? Whe, other than consumers, were harmed? Who benefited? Did the parties who benefitted deserve the benefit? Were any benefits unfair or unethical? 2. Where would you place primary responsibility for this scandal: individual employees who forged customers' aceounts, managers who oversaw those employees. senior executives, board members, or the corporation itself? 3. Sometimes when we assign responsibility, we are looking for someone to blame, someone who is at fault. Who do you blame in this case? 4. Sometimes the question of responsibility is asked so that we can identify the cause and, in tum, prevent it from happening again. What recommendations would you mike to prevent this from happening again? 5. How do you understand the difference…You're the type of person who is always terrified of failure, avoids contentious circumstances, and is afraid of losing your job, putting your ethical beliefs on the line. The circumstances listed below will put your ethical standards to the test. What would you do in these situations? Keep in mind that you must be honest and provide outstanding explanations. Situation 1: Protecting a friend who’s drinking is causing problems in the company Situation 2: take credit to the work done by the others. Situation 3: Company engaging in false marketing.Have you ever heard of the Ethisphere Institute? Take a few minutes to explore their website: https://ethisphere.com/ Summarize something that you learned about this organization on their website for your classmates. Do you think this institute has value for organizations who are attempting to build an ethical culture? Why or why not? Is your organization a member of a similar type of institute or ethical organization? If so, feel free to share your thoughts about that here.
- 5. What is the impact of business ethics to society in general? 6. Why is there a special need for Ethical Behavior by Professionals? 7. Explain whether the following statement is true or false. "Responsiveness usually results to effectiveness and efficiency". 8. Explain how business managers could act ethically 9. If you are a CEO, how can you handle politics within your organization?In relation to Corporate Governance, select the most accurate statement: Corporate Governance refers to... Select one: 1.the need for companies to be managed in a way that is transparent, and ensure accountability for wrongdoings 2.All of the above 3.the need to shift the focus of corporate behaviour, from being purely focused on protecting the interests of company shareholders, to ensuring protective measures are taken to benefit all stakeholders of the company 4.None of the above 5.the way companies are directed and managed to ensure that companies are controlled in a manner that most efficiently protects and promotes the interests of their participantsPlease solve all questions please recall the following declaration: “the general public's perception of company ethics changed dramatically with the revelation of the unethical selection-making at Enron, WorldCom, Adelphia, Tyco international, Peregrine systems and iVillage. The scandals took a toll on purchasers' confidence and portfolios, and undermined their religion inside the accounting career. company stakeholders have referred to as for more transparent financial reporting and evidence of higher ethical behavior”. Required: a. dicsuss and give an explanation for four (four) underlying problems that lead to the dilemma. b. Describe 3 (three) broad categories of fraud schemes that can arise base on the scenarioa above supply one example for each class.
- (1) In your current job (or any previous job you’veheld), in what ways does your employer contribute tosociety? (2) Have you ever encountered an ethicaldilemma in your work? If so, how did you resolve itReflect back over the reading related to business ethics and the other class activities. As a business communicator, you may face various ethical dilemmas in your career. Many factors can determine your choice of action to take. For this activity, consider the following workplace ethical issue: After much discussion and even conflict, your workplace team has finally agreed on Plan X, but you are firmly convinced that Plan Y is a much better option. Your team is presenting Plan X to the Whole department, and company executives are present. A vice president asks you for your opinion. Submit the following: Explain what you would do in the above circumstance. Now consider that you have very close friends on the team and you do not want to lose their friendship. Explain how that would or would not change your handling of the dilemma. For each prompt/question, provide a minimum of one fully developed paragraph (4-5 sentences minimum) that shows critical thinking and problem solving…Corporate governance is the starting point to create an ethical organization. Corporate governance should provide the ethical expectations and serve as the watchdog. For this assignment, do the following: Discuss measures that the governance board can put into place to establish ethical expectations.
- According to Texas Health Resources and Intel: Ethics, IT, and Compliance: Should organizations pursue high ethical standards regardless (or in spite of) their bottom-line impact? Or should they limit themselves to those scenarios where “good ethics make for good business?Ethical codes are foundational frameworks that guide individuals or groups in making moral decisions and conducting themselves in a manner that aligns with values such as honesty, integrity, fairness, and respect for others. These codes serve as compasses in navigating complex situations where ethical dilemmas may arise, providing a set of principles to uphold in both personal and professional contexts. They often encompass a wide range of considerations, including responsibilities to clients or customers, colleagues, the organization, and society at large. For instance, in professions such as medicine or law, ethical codes outline obligations to prioritize the well-being of patients or clients, maintain confidentiality, and avoid conflicts of interest. In business, ethical codes may emphasize transparency, environmental sustainability, and adherence to laws and regulations. However, ethical codes are not static; they evolve over time to reflect changing societal norms, advancements in…What are the benefits to your employer: (use no more than 50 words) Why are the selected ethical topics beneficial to your employer Explain how ethics impact an employer, address all 4 topics. Below is 4 topic 1-Morality 2-Confidentiality 3-Right of Engineer 4-Gun Control