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BUS 5115 Unit 2 Discussion Assignemnt $3.99   Add to cart

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BUS 5115 Unit 2 Discussion Assignemnt

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A guide to Conflict of interest Enron Company

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  • February 8, 2024
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  • 2022/2023
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The values and ethics of any organization are shaped by the decisions and commitment taken by
management. Top-level managers and shareholders decide the direction a company takes. This is
demonstrated by the decision they make, the policies they implement, and the strategies they
devise. All these set the organization's internal culture and environment. Employees will follow
and trust managers that respect the company's values as their own.

Commonly, companies focus on their economic bottom line and shareholders. Hence they forget
sustainability issues. Consequently, government regulations are needed to remind and enforce
sustainability commitments to be integrated into companies' daily operations and long-term goals
(West Monroe, 2014). Sustainability should be developed by providing the necessary education
and training. Sustainability could be achieved when there is a shared responsibility by
individuals, corporations, and governments.

Employee behavior is affected by organizational culture and organization ethical climate.
Furthermore, the organization's ethical climate is shaped by the actions of managers. Several
pieces of research have shown that there is a positive correlation between managers who are
ethical and employees' trust and faith in these managers (Choi, 2011).

Hence, managers have to be role models and set the ethical standards that employees are
expected to follow. This will send a positive message and shows the company's value clearly.
This should be tied with communication regarding ethical expectations. The company's code of
ethics should be available for every employee to read, understand and implement. Furthermore,
managers should provide ethical training programs that will reinforce the company's stand on
ethics (Mintz, 2017).

The training could be given in the form of seminars or workshops to clearly show what is
permissible and what is considered ethically improper. Additionally, managers should reward
employees' that exhibit and display ethical acts and punish unethical behaviors consistently
(Mintz, 2017). Managers should consistently supervise their employees and constructively
communicate their evaluations. Finally, managers should find ways where employees could
confidentially discuss ethical dilemmas or report unethical behavior.

Business ethics is the set of standard moral practices and values that guides an organization's
conduct (Indeed Editorial Team, 2021). It affects how the organization interacts with its

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