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Business Ethics 09/21/2016

by: Makala Schnablegger

Business Ethics 09/21/2016 PHI 3360

Makala Schnablegger

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About this Document

These notes cover what we went over on Wednesday the 21 of September.
Business Ethics
Dr. Celeste Rossmiller
Class Notes
business, ethics




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This 2 page Class Notes was uploaded by Makala Schnablegger on Friday September 23, 2016. The Class Notes belongs to PHI 3360 at Metropolitan State University of Denver taught by Dr. Celeste Rossmiller in Fall 2016. Since its upload, it has received 7 views. For similar materials see Business Ethics in Ethics at Metropolitan State University of Denver.


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Date Created: 09/23/16
Business Ethics Notes 09/21/2016 Chapter 8 o What are the positives and negatives of having, or not having, a solid ethics program? o + An ethics program can help prevent legal problems o + Offers guidance to the employees o + Lowers the chance of unethical behavior o + Build public trust o + Individual accountability o + Lower employee turnover rate o – Not setting realistic objectives o List 3­4 elements of a good ethics program. o Identified Standards o High level personnel who are responsible for the program o Enforce those standards o Updated regularly o Report misconduct o Have a written and published code o Trained employees o Not allowing those with prior misconduct to move onto a position of higher  authority o Review the differences between Compliance and Values­based Orientation in a company. o Compliance­ requires employees to identify with and commit to specific required  conduct. o Values­ Strives to develop shared values within the company o What types of training and communication are promoted in the text for effective ethics  programs? o The behavioral simulation, which gives participants a short, hypothetical ethical  issue o Ethics Training o Hands­on o Case Studies o Role Playing Quiz Results from 09/19/2016 8=A 6=B 5=C 1=D 2=F An Ethical Dilemma (beginning of chapter 8) o Describe some of the weaknesses in Jennings’s ethics program. o Is more appreciative of the fact that she’s making so much instead of how she is  doing that so they can share the secret with the rest of the company. o No reinforcement of the code of ethics o Misconduct is not being reported o The money problems have not been investigated until now o The code of ethics needs to be more in­depth on issues such as this o Discuss the alternatives for Todd. o By alternatives, I’m assuming the text means the alternatives to leaving the  situation alone, which wouldn’t be a bad option seeing as he isn’t related to this  employee or her underlings. He could go to Zara herself and confront her about  what is going on, seeing as he doesn’t have any definitive proof. He could be  completely wrong, and she may not be doing anything wrong. He could also  approach her underlings and ask them if anything is going on. They might not all  rat on her if something is up, but if even one person does, then he has proof  instead of just a belief. Other than that, he could talk to the higher ups, such as the tax department to ask them if anything is going wonky or he could talk to a boss  and tell them his suspicions, and have her inspected more thoroughly. On the  other hand, he is technically her boss, so he could ask one of his partners and see  if they have the same bad feeling. o How has Zara been given the opportunity to engage in misconduct? o The company was more concerned with her sales than they were with how she  was getting those sales.


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