Bmgt 110 Assignment 1 Essay
In business, all parties must maintain a strong code of ethics to operate a successful and morally sound company. It is crucial to the reputation and overall success of the business to conduct itself ethically at all levels of the organization. At the company level, it is important for management to lay a solid foundation and to lead by a clearly communicated example. Each employee should then know how to comply with the policies in place and follow outlined guidance when facing ethical dilemmas. With consistent ethical and moral confrontation, how should individuals in a company be groomed to respond to such issues?
Jacob’s Ethical Dilemma
After receiving praise and a monetary reward of $10,000 for …show more content…
The Organization’s Role in Ensuring Ethical Situations
While Jacob is responsible for upholding personal integrity and acting fairly to his coworker, the company is responsible for setting the standard. In order for an employee to comply with ethical policies, the policies must be clearly communicated. If management leads by example, employees are more likely to follow suit (Awasthi 2008). An organization can ensure good ethics by treating