Discuss the favoritism policy, corporate corruptions, recognizing the “Slippery Slope” and prevention of ethical breakdowns?
The ethical breakdown is considering the effective maintaining of responsibilities by the employees and other internal stakeholders. Moon (2012) stated that the responsibilities maintaining is the key to contribute success, values, visions to the organization. The ethical standards provide the justification about the rights and the wrongs regarding the value sharing of the organizations, which enhances the productivity as well as the profitability of the organization and work as a driving forces for leading towards success. The essay will be reflecting the different steps concerning the ethical breakdowns and the process of preventing them for the development of the companies. This is even subject to develop both the personal and the professional skills of the employees working together under the same organization.
For considering the business ethics, it is very much important to maintain the standards with the proper implication of the moral developments. Tolchin & Tolchin (2011) suggested that in churches, school or work, it is required to maintain the ethical behavior for bringing the progressive attitude. It has been seen in today’s date, the practices on media, televisions and other related sources have been indulged into unethical implications. Even in the business organizations, the act of favoritism also portrays the unethical concerns more specifically. For example, the management of the business sometimes faces several troubles while favoring any particular group, team or person. The problem arises mostly when the other teams or groups are aware of this favoritism policy. Campbell (2014) mentioned that it can be named as ‘circle of influence’, while on the other hand, a group of people considered it as ‘untouchable group’.
Friedland (2012) explained that the business managements are more likely maintaining the business ethics for making the progressive approaches for the business organizations. However, some of the business corruptions have spread out in wider way. Some of the leaders get special preferences direct form the top management, which affects the work performance of the employees. Some of the leaders even are so biased that they do not even keep eyes on the rules maintaining of the employees considering the ethical standards. The corporate corruptions have become much prominent in few more business cases. For example, in the year of 1970, the car production company by Ford Pinto faced such accident for the collision of leaked fuel, which exploded into flames. Many people were killed as well as injured without being recalled for the correction. The further investigation on such cases revealed the direct competitions with Volkswagen and other several cars manufacturing companies, Ford had to rush in indulging the poor material in manufacturing such automobile products. This was the callousness, dishonesty and greed of the leaders of Ford, which harmed many people’s lives.
In most of the cases, the management leaders fail to recognize the gradual erosion of the employees’ ethical standards. Miller (2012) opined that this leads the organization towards the increasing level of the major infractions and in most of the cases, it gives the rise to the violations. For example, the accountant of a large organization is assigned with the entire auditing purposes and has to present the financial statements. They can approve the high estimate in accordance with their profits. On the other hand, as mentioned by O'Leary (2014), the act of exaggerated increment of the estimation, they can be charged $5. In such cases, the changes in slippery slope make them blind and lead them towards dishonesty of increasing the estimation.
According to Tolchin & Tolchin (2011), such closeness to the top management can create the internal conflicts among the employees since the management is treating not everyone equally. The differentiation in building the transparent relationship between the management and the employees give rise to the unethical behavior within the business scenario. Therefore, for preventing such breakdown of ethical behavior, the management of the organization needs to take the initiative and needs to maintain the equality (Friedland, 2012). The proper training session regarding the business ethics can also prevent the act of disobeying the ethical standards. The necessity of maintaining the ethical standards can assure the personal and professional skills development and lead the employees acquiring the honest approaches while working under the organizations.
It may be concluded by considering the essential approaches of the ethical behavior maintaining in workplaces, schools and other institutes. The corporate corruptions, favoritism policy, slippery slope recognition can be prevented by considering the maintenance of ethical standards and both the management and the employees are expected to follow the rules accordingly.
Moon, C. (2012). Business ethics. London: Economist.
Tolchin, M., & Tolchin, S. (2011). Pinstripe patronage. Boulder, Colo.: Paradigm Publishers.
Campbell, E. (2014). Breakdown of Moral Judgment*. Ethics, 124(3), 447-480. doi:10.1086/674845
Friedland, J. (2012). Beyond Empiricism: Realizing the Ethical Mission of Management. Business And Society Review, 117(3), 329-356. doi:10.1111/j.1467-8594.2012.00409.x
Miller, K. (2012). Is Ethical Behavior Good for Business?. IT Professional, 14(1), 10-11. doi:10.1109/mitp.2012.11
O'Leary, M. (2014). Work identification and responsibility in moral breakdown. Bus Ethics Eur Rev,24(3), 237-251. doi:10.1111/beer.12072
MyAssignmenthelp.com has become one of the leading assignment help provider in New York City and Boston. We provide top class auditing assignment help. Not only auditing, but we also cover more than 100 subjects and our writers deal with all types of assignments with utmost expertise. To make writing process faster and accurate, we have segmented our assignment experts' teams as per their expertise on writing different types of assignments. We guaranteed that students who buy our assignment online get solutions worth their investment.
You are required to write a researched argument essay that convinces persuades the reader of your position / stance. This is an academic, researched and referenced do...Read More
Executive Summary The purpose of this report is to elaborate the factors which are considered by individuals before selecting an occupation. Choosing an occupati...Read More
Introduction With the increase enhancement in the field of technology, it has been considered essential by the businesses to implement such technology in their b...Read More
Executive Summary In a merger & acquisition, role of an HR has emerged as a very critical function. At each stage of merger and acquisition process, HR plays a s...Read More
Introduction In this competitive business environment where every business organization is trying to attract the customers of each other, it becomes essential for ...Read More