Business Ethics Case Study: Business Ethic
1.1 Ethic is the moral judgement of an individual about right and wrong. Behaving (ethically) in the company is a moral action where employees must decide what they think is good or wrong for the company and for themselves. It is also a way of being professional. Ethical behavior is therefore good for the company because it enable the company to attract customers, more candidates to the vacancies. It also encourages positive environment, help to build customer’s loyalty and avoid legal problems. Amo, T. 2016. How the way you behave at work place is important. [Online] available at; http://work.chron.com/way-behave-workplace-important-5819.html viewed September 10th 2016. 1.2 First of all, corporate secrecy is the fact to hide information from certain individuals who don’t have the need to know while sharing those …show more content…
What the whistleblower action? Definition, right, and protection. [Online] available at; http://study.com/academy/lesson/what-is-the-whistleblower-act-definition-rights-protection.html viewed September 10th 2016. 2.2 Institutionalizing ethics may have prevented the ethical problem in the case study by: Establishing a corporate policy The company should have created guideline for ethical behavior in situation that might have several possible outcomes. Train all employees on the policy and provide some update when situations that suggest a policy might be unclear. Ethic training The company should have establish annual ethics training for everyone within the company, to make sure they understand the corporate ethic policies. And each employee should have a printed ethic manual. The company should create also some development programs to teach all employees on how to behave ethically. Focus on the consequence of unethical behavior The organization should have prepared its employees on the consequence of unethical behavior. Explain to them what could happen to the company’s image it they don’t behave how they are supposed to
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