Business EthicsBusiness Ethics

Sunday A Adebowale Sunday A Adebowale

MGM670-0802B-08MGM670-0802B-08

Colorado Technical University OnlineColorado Technical University Online

Instructor: Arthur JacksonInstructor: Arthur Jackson

May 30, 2008May 30, 2008

AgendaAgenda

These Are Challenges GreatestColas Faces Legal Issues Ethical Issues Differences Between Legal & Ethical Issues Differences Between Western Values, Local Customs &

Practices. Action Plan Implementation Goals To Achieve

Legal IssuesLegal Issues Lack of diverse workforce. Discrimination in employment process and preference. Safety guidelines have been disrupted to facilitate theft of materials and company products Improper handling of environmental and pollution issues. Lower rate of employment in the US and higher rate of employment outside the United States. Workers compensation and issues surrounding it. Procurement of raw materials from third world countries and the cost implications.

Ethical IssuesEthical Issues

Employment of an unqualified son of a politician to obtain permits necessary for the building project Safety guidelines have been disrupted to facilitate theft of materials and company products Low productivity, due to reduced work hours and mixing pleasure with work. Lack of winning marketing strategies. Increase in cost of water supply. Acquisition of a pharmaceutical company. Misrepresentation of financial information and financing unlawful and illegal mode of transportation.

Legal Basis For VPLegal Basis For VP

Federal Trade Commission of 1914

OSHA (Organizational Safety and Health Administration U.S. Department of Labour

FASB (Financial Accounting Standard Board

Universal Declaration of Human Rights (1948-1998)

Differences Between Western Values Differences Between Western Values and Local Customs and Practices.and Local Customs and Practices.

Materiality Ethics

Religious Basis

Change In Demographic Make-up

Morality

Action PlanAction Plan

Organizational Code Of Ethics

Diversity Training

Environment Friendly Operations

Financial Laws Compliance

Plan ImplementationPlan Implementation

Acquisition of information

Motivation

Codes of Conduct

ConclusionConclusion

Corruption Financial Ethics Legal Safety Diversity

ReferencesReferences

• Lee, M. D. (2005). Business Advantages of Diversity in the Workplace.http://www.ethnoconnect.com/pdf/article09.pdf

• Universal Declaration of Human Rightshttp://www.un.org/Overview/rights.html

• Malonis , J. A. (2000). Encyclopedia of Business, 2nd Edition. : Gale Group.

http://books24x7.com/viewer.asp?bookid=4257&chunkid=914324096

• Miller , W. (2004). Implementing an Organizational Code of Ethics. Washington DC: International Business Ethics Institute.

http://www.business-ethics.org/newsdetail.asp?newsid=50