Thursday, May 2, 2019

Ethics in business (case study) Essay Example | Topics and Well Written Essays - 500 words

Ethics in clientele (case study) - Essay ExampleThe organization expects compliance with its standards of integrity throughout the organization and will not project employees who achieve results at the cost of violation of law or who deal unscrupulously.It is the policy of the organization that totally transactions will be accurately reflected in its books and records by the employees. This, of course, means that falsification of books and records and the creation and victuals of any off-the record bank accounts atomic number 18 strictly prohibited.The organization anticipates sincerity from employees at all points and eucharist to its regulations and internal controls. A negativity which might result when the employees obscure study from the organizations officials or the auditors is that other employees might get an idea that the organizational policies and internal controls can be overlooked when they are problematic.It is the corporations policy to make full, fair, accur ate, timely and understandable disclosure in reports and documents that the corporation files with the Securities and vary Commission and in other public communications. All employees are creditworthy for reporting material information known to them to higher management so that the information will be available to senior officials responsible for making disclosure decisions.A code of ethics is developed in order to provide the members of the organizations with any(prenominal) broad good statements that will guide them through their professional lives and also to identify relevant considerations when ethical uncertainties arise (Anonymous 2008). It facilitates the employees to share common values and a common vision. The development of code of ethics defines behaviors that are both accepted and acceptable in an organization (MacDonald 2009). It further assists in establishing a better organizational culture which would improve the public image of the organization. They also develo p a sense of community and be

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