Quiz 10: Making It Stick: Doing Whats Right in a Competitive Market

Business

Ethics are part of a person's behavior. It also includes all the human values such as equality, human rights etc. Ethics is a study that helps a person in choosing right or wrong. It is set of principles that helps a person to choose the right behavior in his daily life. It basically helps to differentiate between right and wrong, good or evil etc. In the provided case, even if the company found no evidences of sexual harassment but still it wanted person H to step down because the board wants to re-gain its security. Person H, by concealing the private dinners and by falsifying the expense reports has cheated the company. This affected the relation between the company and person H. Now, it would be difficult for the company to trust H as he had already concealed a number of facts. Thus, the board made the decision to remove person H from the company's personnel.

Ethics are part of a person's behavior. It also includes all the human values such as equality, human rights etc. Ethics is a study that helps a person in choosing right or wrong. It is a set of principles that help a person to choose the right behavior in his daily life. It basically helps to differentiate between right and wrong, good or evil etc. In the provided case, the CEO of company Y abolished the work from home policy and want all the employees to come to the office for work. She believed that work from home is a compromise to the speed and the quality of the work. She wanted to increase the productivity of the employees. That is the reason she wanted all the employees to come and work together in one place and to increase speed and efficiency.

Ethics are part of a person's behavior. It also includes all the human values such as equality, human rights etc. Ethics is a study that helps a person in choosing right or wrong. It is a set of principles that help a person to choose the right behavior in his daily life. It basically helps to differentiate between right and wrong, good or evil etc. Following are the key points of the code of ethics: • It can capture the value declarations. • It establishes a detailed guide about what ethical behavior is. • It specifies the policies for specific situations. • It documents certain punishments at the violation of these policies. Following guidance could have been found by person A from the code of ethics: • He can capture the value statements of the company. In simple words, he has to know the things that are ethical from the company's viewpoint so that he can work accordingly. • While working in the company, he has to observe the policies implemented by the superiors from the code. These policies will help him to make various decisions. In the provided case, this code helps Person A when he has to make a decision regarding Dr. G's demand. The code of ethics taught him, not to accept such demands so he denied for the same by saying that his regional manager will never approve this demand.