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Ethics
With respect to the ethics audit, the company shouldn't change anything other than to institute it. Where we left off, the ethics audit was external, and this is critical, because many of the current ethical issues arise because of the relationships within the company and the way that the different interests within the company are represented in the current ethics program. So the ethics audit has to be external.
The other issue with the ethics audit is that too many people within the company did not seem to want the external audit to take place. This is a major problem, so the delays in the timing of the external audit should be eliminated. The external audit needs to take place as soon as possible, which is the major change that should occur. Let the external auditors determine how and what to investigate -- their ability to ask questions that Jerry or anybody else has not yet thought of is their key asset with respect to uncovering problems at Soumey.
Jerry has...
He is not in a position to report things to OSHA, for example, based on hearsay. But where there are incidents where people get hurt and these are not reported, Jerry needs to confirm that such incidents occurred and then report them. As a member of the Board, however, Jerry has a responsibility to the shareholders to further investigate some of the other ethical issues he has uncovered. It is to people like him that any reporting would go, so in essence Jerry is in the "buck stops here" position, and must perform his duty to the shareholders.
Where there are specific labor violations that are against specific laws, Jerry might have the ability to report these to the governing authorities, but again rumors should be confirmed -- going to authorities in a small town without any hard evidence is going to damage both the company and his career, so he has to be smart about this.
3. Jerry is not responsible for the problems…
There are a couple of reasons for this. One is that outcomes are what the public sees. Therefore, it is the potential outcomes that should be the guiding ethical principles. Ethics are mainly a problem in business when a company is perceived as unethical. Monsanto is a great example - few people have any ethical problems with this company, so their lack of ethics does not impact their business
D., What is Altitude Training section). The Website promoting products that Hypoxico Altitude Training Systems offers, reports that when a person is exposed to hypoxia, oxygen reduced environments, his/her body "struggles to produce required amounts of energy with less available oxygen. This struggle triggers the onset of a range of physiological adaptations geared towards enhancing the efficiency of the body's respiratory, cardiovascular and oxygen utilization systems" (Hypoxico Altitude Training, N.D.,
There is a ripple affect that ensues from this as well, reaching out to affect jobs, which affect incomes, which again affect economical aspects. 5. The ethical decision-making framework includes the concepts of ethical issue intensity, corporate culture, and individual factors. Discuss how these concepts influence the ethical decision-making process. The ethical issue intensity concept is truly foremost in determining the degree by which the decision-making process is extended. When the
Therefore, corporations have had to change their viewpoints and start looking at the long-term consequences of their behavior, as well as looking at the bottom line. Businesses also have to be concerned because consumers have also become aware of environmental concerns, and many consumers are demanding earth-friendly products and have shown a willingness to pay more money to competitors who observe environmentally-friendly practices. Interestingly enough, this demand has given rise
Priority of values should be identified so as to aid the organization avoid breaking laws by following the stipulated requirements of operation. The top three of four values should be reviewed to help the organization determine which values currently help it fulfill its mandate. For example, in the accounting department, the organization should identify accuracy and confidentiality as the key values to the success of the department. Values needed to
Training is part of this process, so that people explicitly understand the ethical culture of the company. Ethical cultures tend to be self-perpetuating because the people within the organization will hold themselves and their co-workers accountable. When you look at a company like Enron, large parts of that company were devoid of ethical standards, so it was much easier for the frauds to occur. Enron also highlights the need