Code of Ethics - Research Paper Example

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This essay talks that code of ethics can be defined as certain guidelines issued by an organization to the managers and workers for helping them to perform their organizational actions in an efficient way. Code of ethics always focuses on the ethical standards and primary values of the organization. …
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Code of Ethics
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of Ethics of the of the Part of ethics can be defined as certain guidelines issued by an organization tothe managers and workers for helping them to perform their organizational actions in an efficient way. Code of ethics always focuses on the ethical standards and primary values of the organization. Code of ethics generally helps to reflect the philosophy of business and this philosophy aims to determine the fundamental purposes of a business entity. In case of PAC Resources this can be said that the organization is facing several problems in its business operation and for solving out those problems code of ethics should be formed by the management of this company. The following guidelines should be included in this code of ethics and HR managers should take initiatives for implementing the mentioned guidelines. These guidelines are as follows.
There will be open communication system within the organizational structure. Open communication system means the workers can directly communicate with the upper level managers and inform about the problems which they are facing in their daily activities. Workers can get direct suggestions from the end of management and this procedure will be helpful for reducing problems within very short span of time. HR managers have to listen the problems which the staffs want to share with them and immediate action should be taken by them for solving that fact.
HR managers should act with integrity for the prospect of business. They should at first anticipate the level of expectation of the different related parties from the end of organization and according to that expectation code of ethics should be designed and framed. Management of this organization should focus values of leadership, accountability, diversity, collaboration, passion and quality as the vision of organization (Ferrell, Fraedrich and Ferrell, 2014).
Part 2
Discipline is one of the best ways for creating ethical climate within the organization. In case of PAC Resources, this can be observed that the organization considered unconfirmed sales figures in their accounting procedure. It is a completely non ethical procedure for keeping accounts related records. So a disciplinary accounting procedure is required in this regard. Here the organization should take those sales figures which are confirmed by nature and purchase orders of those sales transactions and signed by the concerned end. Management can take strong step in case of ethical violation in case of accounting procedure. The strong steps may be included in termination of any employees who are practicing unethical works within the system of organization. Communication process should be more effective than the earlier days. There should not be any type of communication gap between and employer and an employee. If employees feel free for asking questions to the HR managers then problems can be solved in easier way. Apart from that managers should observe the unethical behavior of employees and identify the reasons behind it. Conducting proper training and developmental program will be helpful in this case. Again if employees can get reward and benefit for their honesty and efficiency then also unethical behavior can be reduced by the end of management.
Ferrell, O., Fraedrich, J. and Ferrell, L. (2014). Business Ethics: Ethical Decision Making & Cases. Boston: Cengage Learning. Read More
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