MBA 600 Week 3 discussion

Description

Ethics issues arise when people are tempted to diverge from an accepted moral standard, they are confused about which standard applies and how to apply it, or their understanding of the standard conflicts with that of others involved in or influenced by the decision. We distinguish between personal decisions, which individuals throughout an organization make every day, and corporate decisions made by corporate leadership and implemented as corporate policy.

List 3 examples each of personal and corporate ethics issues in business (If others have already “taken your issues,” come up with at least one new one).

• Label each issue with a few words or a short phrase. You don’t have to explain it in detail. For example: Taking company resources for unauthorized personal use(personal issue), or Exceeding EPA emissions limits (corporate issue).
• Choose one item from your lists and briefly discuss how to address it with “duty ethics” and then with “results ethics.”

The assigned readings are attached and the Bible are some referances to use. Research other references to augment the assigned readings.

Respond to the Following post:

“Personal Ethics Issues:

1. Taking extended breaks while claiming to work
2. Accepting gifts from vendors
3. Disclosing confidential information for personal gain

Corporate Ethics Issues:

1. Exploiting loopholes in labor laws
2. Engaging in deceptive marketing practices
3. Neglecting workplace safety regulations

Discussion: Accepting Gifts from Vendors

Accepting gifts from vendors is problematic because it can create a conflict of interest and compromise the integrity of decision-making. To address this issue, individuals should adhere to a strict policy that prohibits accepting any gifts, regardless of their value, thereby maintaining ethical standards and ensuring fairness in business dealings.

One would evaluate the consequences of accepting gifts from vendors. If accepting gifts leads to favoritism, compromised integrity, or damaged trust with clients and colleagues, it would be deemed unethical. To address this, a business could implement a system that assesses the long-term impact of gift acceptance on relationships and business outcomes, ensuring that the results align with the organization’s ethical standards and goals.

References:

Rae, S. B., & Wong, K. L. (2012). Beyond integrity : a Judeo-Christian approach to business ethics (Third edition.). Zondervan.

Bonde, S. & Firenze, P. (2013). I am making choices: a framework for making ethical decisions. Regent University. https://regent.instructure.com/courses/19009/pages/period-2-read?module_item_id=1190204“