Reference no: EM132989182
ETIC 306 Business Ethics
Project structures:
1. Introduction: definitions of the main topic
2. Body - explain the topic you selected with the background.
3. Discussion with Examples, Why the topic is important for your selected topic? try to have examples from your country.
4. Conclusion, with your Opinion
5. Bibliography (APA style), if you can.
LO 1: Explore the ways ethical standards are monitored, audited and enforced in an organization
LO 2: Evaluate business responses to ethical issues at the global level with a focus on sustainability
Q1. Case1 /situation: Ethics training, and the implementation of ethics training programs in organizations, is viewed as an essential element in institutionalizing business ethics (Ardichvili & Jondle, 2009; de Colle & Werhane, 2008; Foote & Ruona, 2008; Warren et al., 2014; Weber, 2015). Such training aims to develop and strengthen ethical competences-also known as ethical capacities (cf. Hannah et al., 2011) and ethical skills (Falkenberg & Woiceshyn, 2008)-that positively influence the ethical behavior of organizational members and managers. The importance of these competences has become widely acknowledged, as their lack has been associated with the occurrence of corporate scandals caused through fraud or corruption that severely threatened the well-being of individuals, companies, and society at large (Schwartz, 2017). In addition, these competences may be beneficial to overcome new challenges and crises that companies face and employees must deal with (Fregonese et al., 2018; Langher et al., 2017).
A. Explain what are the major features of a successful ethics training program and communication systems?
- a successful ethics training program
- communication systems
B. Think of an example of a company with strong employee ethics training in UAE.
(Maximum -1700 words)
Q2. Case2 /situation: Read CLO5
Some soundly managed commercial organizations have taken and used business ethics auditing opportunities. Though they could have left the field to the stakeholders, non-governmental organizations (NGO's) and lobby groups, some have chosen to engage the stakeholders and to find consequential business benefits. Without prejudice to the benefits from either externally led or externally engaged audits, there is an additional auditing opportunity close to the management locus in the company's internal audit function. In the British corporate governance context, this business function will generally work under the direction of the Audit Committee and led by the Chief Internal Auditor.
In work which offers some encouragement to internal auditors done in Australia, Zaid showed that of a sample of 15 internal auditors, 25% of them reported giving "high" importance to accommodating changes in social values and expectations into professional and legal auditing standards (Zaid, 1997). Perhaps against initial expectations, internal auditors can contribute much to the improvement process in business management. In line with expectations, they already contribute much to the control of business risk. Using the above explanation as ethics auditing.
A. Describe the process of conducting an ethics audit in detail
B. Provide an examples from real life