Reference no: EM13909149
Now that you have identified for your reader the details involved with your proposed business-related ethical issue, you must determine what rules need to be in place for the organization to eliminate or reduce this issue as a problem for the company going forward.
A code of ethics may help to eliminate some of the differences of opinion when faced with an ethical decision-making situation. Two intelligent professionals may view a situation differently. Their own morals and personal experiences may cause them to reach different conclusion as to acceptable behavior in the circumstance. A code of ethics will make clear what the right thing to do is in that situation.
When professional organizations create a code of ethics, this code serves the purpose of unifying or compromising differences in morality. Two people with differing personal values can share a set of values that they agree will promote their particular profession.
Why are the rules important? The rules are important because they promote a particular standard of ethical behavior. This means that the rules set a minimum standard, a baseline, with respect to certain levels of acceptable behavior expected of all members of the organization.
For Part 2 of this Key Assignment, you are to prepare a detailed code of ethics/code of conduct designed to address the ethical issue you described in Part 1. Use the Internet, the library, and other credible sources to find examples of existing codes of ethics/codes of conduct, for an idea of how to format or structure your code of ethics. Please tailor your code of ethics to the specific industry you have chosen for your fact scenario.
For this task, you can create a general code of ethics for those areas that do not deal with your chosen ethical issue. However, for those sections of your code of ethics that deal specifically with your chosen ethical issue, please make certain that you go into detail.
For example, based on the General Gadgets, Inc., scenario discussed in Part 1, the code of ethics does not need to go into detail on the subject of conflicts of interest, but it should go into detail on the subject of marketing responsibly and securing the trust of customers.
Remember: Design your code of ethics to provide guidance for an employee faced with an ethical decision-making opportunity. Keep in mind that guidance does not mean that the code of ethics will always tell the employee specifically what he or she should do in every situation. However, it should provide sufficient direction that a thoughtful, well-meaning employee should be able to determine the course of action she or he should take, including seeking out advice from a superior, or a particular department or group within the organization.
Your proposed code of ethics should include comments for the sections addressing the ethical issue that is the focus of this assignment.
Your comments should indicate why each provision is important, and how it is intended to address the chosen ethical issue.
What is the modified duration and macaulay duration
: What is the Macaulay duration of a 7.6 percent coupon bond with seven years to maturity and a current price of $942.40? What is the modified duration?
|
The arctic national wildlife refuge
: The Arctic National Wildlife Refuge (ANWR) has oil and gas reserves. Drilling for these has been a national debate in recent years. Discuss the political, economic, and environmental concerns behind this debate
|
What is the percentage yield to call for these bonds
: Sealord Fisheries issues zero coupon bonds on the market at a price of $179.14 per bond. Each bond has a face value of $1,000 payable at maturity in 20 years. The bonds are callable in 8 years at a call price of $500. Using semiannual compounding, wh..
|
Differenciate between anabolism and catabolism
: Differenciate between anabolism and catabolism. Write the mechanism of the reaction of conversion of glyceraldehyde-3-phosphate to pyruvate.
|
Code of ethics to provide guidance for an employee faced
: code of ethics to provide guidance for an employee faced
|
Research two common polar molecules
: Research two common, polar molecules and two common nonpolar molecules. Draw their molecular structure and explain how the structure makes each molecule polar or non-polar (I can handle the drawing).
|
Appropriate null and alternative hypothesis
: To examine this aspect the scientist will use controlled populations of birds and assess the results of the mating that occurs. Write an appropriate null and alternative hypothesis for this experiment.
|
What is the pre-money valuation-post-money valuation
: A potential investor is seeking to invest $500,000 in a venture, which currently has 1,000,000 shares held by its founders, and is targeting a 50% return five years from now. The venture is expected to produce half a million dollars in income per yea..
|
Create a ripple effect through the rest of the ecosystem
: How can the extinction of bird species create a ripple effect through the rest of the ecosystem?250 words minimum
|