C-717 Task 1: Ethical Considerations & Principles Analysis
By definition, ethics are “moral principles that govern a person’s behavior or the conducting of an activity” and are concepts of what is considered right and wrong conduct (Velasquez, Andre, Shanks, & Meyer, 2010). In business, ethics establish standards and codes of conduct for employees to adhere to and abide by. Business ethics are essential as they establish policy for what is considered improper behavior and activity. With that being said, business ethics are needed to prevent corruption and to protect organizations from anything that may bring adverse action against the organization. This helps maintain the organization’s reputation.
Corporate policies: Given the situation, the first policy would be for all employees to conduct themselves with honesty and integrity. It will also be policy for employees to understand and comply with the laws of the U.S. and the host country, United Kingdom. The next policy would be to create and maintain a work environment that is open, inclusive, and requires mutual respect between all employees. Another policy would be to communicate ethical standards to employees. This would be done through training. It would also be policy for all employees to have annual ethics Business Ethics 2 awareness and business compliance training. Another policy would be to prohibit any acts of reprisal against employees who report violations. These policies would …
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