Nobody downloaded yet

Business Ethics - Assignment Example

Comments (0) Cite this document
Business Ethics Contents Contents 2 Define at will employment. Does an employer have an ethical obligation to an employee prior to terminating his/her employment? 3 Set forth a policy concerning romance in the workplace 3 Define insider trading. Discuss whether insider trading is ethical…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91.6% of users find it useful
Business Ethics
Read TextPreview

Extract of sample "Business Ethics"

Download file to see previous pages At will employment can be defined as one in which the employee is free to quit from the job at any given point of time and the employer as well is free to terminate an employee for any reason at any given point of time except that the reason for termination cannot be an illegal one such as retaliation, discrimination and violation of public policy. Thus an employer does have any legal obligation as such to an employee prior to termination. At will employee may get terminated even for the most whimsical reasons, also an employer is free to change the employment terms such as compensation and job responsibility at his will. At will employee’s employment is held as a voluntary action and under such an employment, the employee cannot be forced to work and an employer cannot employ them for an indefinite time (DelPo & Guerin, p. 34). However, there is a difference between legal and ethical obligations. Although legally an employer might not have an obligation towards his at will employee but ethically he might have as it is related to the morality of that person. However, since every person has his or her own sense of ethics therefore, it is hard to define what set of ethical obligation does an employer will have for his employee under at will employment. Set forth a policy concerning romance in the workplace It is necessary for an organization to issue policies for couples in work place. In order to protect against claims of nepotism, favoritism and sexual harassment, organization must adopt policies on workplace dating. These policies stipulate the types of intimate relationships which are acceptable in the workplace and also mention those which are not and violate the office decorum. Some organizations provide clear code of conduct guidelines to its employees which are expected to be followed at work place. The guidelines pertain to display of affection in public and also disclosure of relationship to the management. The violation of the guidelines of workplace dating policy by couples can pose a serious threat to the employee involved. Organization can go for informal counseling to formal interventions such as transfers, written warnings and also termination. According to Karl and Sutton employers favor a stricter policy when performance of couples suffers or the romance becomes noticeable to all the members. Also management should not take any action when a couple’s performance does not suffer due to the relationship or rather shows improvement. In absence of formal work place romance policy, it is the duty of the manager to keep his eyes open so that the relationship or the romance does not hamper the general workflow. The dating policies vary from one organization to another thus it is necessary for employees to familiarize with both informal and written policies (Waldron & Kassing, p.120). Define insider trading. Discuss whether insider trading is ethical. Insider trading is defined as a term that is used when a person is involved in insider trading if he purchases or sells the stocks in public company which is based on non public information about a particular company. The information that is gained by means of unfair advantage makes the trading unethical. But not all kinds of insider trading are illegal (Emanuel & Emanuel, p.253). A huge amount of quantitative and qualitative information exists in the markets which are an important part of free market system and thus it can be said that insider trading i ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Business Ethics Assignment Example | Topics and Well Written Essays - 750 words”, n.d.)
Retrieved from
(Business Ethics Assignment Example | Topics and Well Written Essays - 750 Words)
“Business Ethics Assignment Example | Topics and Well Written Essays - 750 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document


Business ethics

...Business ethics This study will analyze the concept of business ethics by giving a definition of the term and the various levels of business ethics. In addition, the study will focus on the importance of business ethics to any business. Moreover, the study will explore the relationship between business ethics and profitability of the business. Introduction Business ethics can be defined as the morality that results from a person’s own moral standards in the context of the environment in which the...
4 Pages(1000 words)Research Paper

Ethical Consumption

...?Introduction Over the last two decades or so, consumers in industrial economies are becoming more aware of the origins of the goods they are consuming. The increasing information flow has made it possible for consumers to ethically evaluate the practices of the firms involved in buying and selling of such products and have relatively changed their buying behavior to account for for their ethical responsibilities. The increasing focus on stakeholders therefore have helped institutionalization of ethics into modern businesses as firms now increasingly view a diversified group of consumers, suppliers, employees, shareholders, government etc. as their stakeholders. This view...
7 Pages(1750 words)Coursework

Business Ethics

...? TEACHER 17 May Business Ethics Case Study This was an interesting case study where business and legalethics are to be considered. The issue in all four of these questions lies in the notion of whether an individual should receive preference over the masses, or should the interests of the masses be considered first. As with most ethical decisions, there is likely no one solid answer, but I have done my best below to provide some possible courses of action that the judge in this case could consider. Question 1 In this situation, Mr. Groetsch has done nothing wrong. As such, he is under no obligation to allow other people to handle his personal fight against Securities America. He is convinced that he has been financially damaged... as a...
5 Pages(1250 words)Case Study

Business Ethics

...?Business Ethics Table of Contents Introduction 3 Thesis ment 3 Explanation to the Case at Hand 4 Theoretical Explanation 5 Utilitarianism and the Principle of Utility 5 Deontology or Dignity of Persons Principle 5 Virtue and the Right Formation of Character 6 Theoretical Justification and Identified Consequences 6 Conclusion 8 Works Cited 9 Introduction With the increasing pace of development, organizations seek to evaluate a widespread structure of various operations. According to the present day context, it can be observed that the global organizations significantly implement various strategies with the intention to gain incessant developments in relation to its various functions with due consideration...
5 Pages(1250 words)Term Paper

Business Ethics

...? BUSINESS ETHICS Table of Contents Table of Contents 2 Introduction 4 Product & Service Mix 4 Brief SWOT Analysis 4 Business Ethics 5 Theoretical Perspective of Business Ethics 7 Code of Conduct for HSBC 8 Corporate Governance 8 Conduct for Suppliers of Goods and Services 10 Economic 10 Environmental 11 Social 11 Employment Conditions 11 Community 11 Telemarketing 12 Regulatory Reform 15 Volcker Rule 15 Security 16 Conclusion 16 Introduction HSBC Holdings Plc is a well known multinational financial and banking service provider located in United Kingdom. The organization is headquartered at Canary Wharf, London, United Kingdom. HSBC Holdings Plc was founded by Sir Thomas Sutherland in the year 1865. Officially HSBC Holdings Plc... by...
13 Pages(3250 words)Essay

Business Ethics

..., Sergeant Brash provided evidence on how he tried to contact the mortgage company, PHH Mortgage. One arm of the company kept sending him late payment notices while the other arm kept refusing his automatic payments. His attorney sued the mortgage company under Georgia and federal laws. Sergeant Brash had taken out the mortgage in November, 2007. The court has finally made a judgment on the case and awarded Brash $21 million dollars. 2. Did PHH Mortgage as a business have any good defense that could oppose the sergeant's suit?. It is the eighth largest mortgage company in the United States and in this case it was pursuing a military man. It could be suggested that PHH Mortgage was doing all it can to maximize profit in...
1 Pages(250 words)Article

Business Ethics

...? SEC Charges India Company in $18 Accounting Fraud The SEC charged Indian company Satyam Computer Services $10 to settle a fraud case against them. The company was listed on both the Indian stock exchange and the New York Stock Exchange. Their business was mainly outsourcing. Between 2005 to 2009 they created over 6,000 phony invoices to doubled their assets on the company's books, reflecting an overall increase in value of the company. The SEC also fined the company's accountants, Price Waterhouse, $6 million for allowing the fraud to go on without reporting it. In effect, the accountants were complicitors in the scheme. The was recently taken over by the Indian government who also placed criminal charges against its...
1 Pages(250 words)Article

Business Ethics

...?Business Ethics Introduction According to Bruntland, "Sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs”. (WCED, 1987, p. 43). Business ethics is the corner stone for sustainable development for a company in any society. Corporate Social Responsibility (CSR) extends beyond the domain of shareholders to encompass the interests of the various stakeholders in the operations of the business. The stakeholders in a modern society include community and therefore their welfare is closely interlinked to the business operations which need to be...
8 Pages(2000 words)Essay

Business Ethics

...? (Assignment) Business Ethics I According to Kant’s principles, it is the intention behind an action, not its consequences, that makes the action good. In other words, persons of good will do their duty because it is their duty to do so. Kant identified two kinds of duty (imperatives). The first one is hypothetical imperative which states “if you want to achieve Y, do A”. For example, to achieve good grades, one requires to study. The other group of duty is categorical in nature, and is based on the fundamental principles of ethics. In this case, there are no ifs and buts. However, a close look reveals the fact that applying Kant’s principles into the modern business world is a tough task due to many reasons. The first such issue... of the...
6 Pages(1500 words)Essay

Business Ethics

...Business Ethics Introduction Business ethics is a topic that has come under debate from academics and business professionals for the vague notions associated with the subject. Theoretically, it is much easier to promote the advantages of good business ethics. But in practice, business professionals face several circumstantial dilemmas which are not clearly addressed by those who profess business ethics. The multi-dimensional aspect of business ethics places the responsibility for ethical business conduct on the business professional, peers, organization and the various factors that influence a person to make a decision. Thesis It may be argued that the business professional is not solely responsible for proper business conduct... , but the...
8 Pages(2000 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Assignment on topic Business Ethics for FREE!

Contact Us