Ethical Decision Making The Acme Way Essay - 1021 Words

Introduction Ethical Decision Making†¦ Why Do We Need It? To understand â€Å"ethical decision making† it is best to break the phrase up. What is the definition of ethics? According to the website businessdictionary.com (2011), ethics are â€Å"basic concepts and fundamental principles of right human conduct.† It stands to reason that ethical decision making is the ability to make decisions based on core or base principles of correct human conduct. We at Acme Toy Company depend on employees at all levels to make the â€Å"right† choices when it comes to business decisions and their own conduct. How do we support them in their ethical decision making? 1.1 Purpose The purpose of this report is to provide Acme Toy Company with two†¦show more content†¦3. Strategy #2 for Ethical Decision Making Hire Code of Ethics Compliance Manager 3.1 Purpose Purpose of the ethics compliance manager position would be to provide educational opportunities for personnel on the company code of ethics. The compliance advisor could review these with personnel when necessary. The compliance advisor would educate on how to report when there is a witnessed event of an employee who isn’t following the ethical standards set forth. Also, the manager can also provide advice if an employee is unsure of an ethical dilemma they find themselves in at work that may compromise their ethical decision making capability. 3.2 Benefit The benefit of having an ethics compliance manager is that this individual can promote and enforce ethical decision making behavior that is in line with Acme Toy Company core ethical values. He/she would have the ability to investigate when there has been a breach in the code of ethics (such as stealing company equipment) and make recommendations for change and improvement in current business practices or recommend disciplinary actions if necessary. 4. Analysis of Code of Ethics – Wal-Mart Corporation 4.1 Purpose The purpose of analyzing the Wal-Mart Corporation Code of Ethics was to understand the components necessary for the development ofShow MoreRelatedRelationship Between Professional And Personal Interests Essay1303 Words   |  6 Pagesdifficult situation where decisions on a problem are faced with the issues of choosing between professional and personal interests for a person. In this assignment, I am faced with having to decide on what I should do regarding my relationship with another company after just being hired on to a construction company. When asked certain questions, I had some difficulty in deciding because of the possible outcome and people that are involved in my decision. For each of my decisions it ultimately came downRead MoreEthical Dilemmas Of A Drug Company s Regional Sales Manager1748 Words   |  7 PagesIt can be hard to make a decision, especially when an ethical dilemma is involved. 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