Analysis of an Ethical Scenario

1
Analysis of an ethical scenario (individual assessment)
Student’s Name
Course
Professor’s Name
University
Date

2
Table of Contents
Introduction .....................................................................................................................................3
Ethical Issues...................................................................................................................................4
Steps to be considered by Michael...................................................................................................4
Based on the case study, provide four reasons why ethics is relevant to business?........................7
 Staff & Ethics.....................................................................................................................7
 Averts ‘innocent’ violations of ethics.................................................................................8
 Offers explicit point of reference when applying corrective frameworks..........................8
 It develops honesty.............................................................................................................8
Conclusion ......................................................................................................................................9
Bibliography .................................................................................................................................10

3
Introduction
Nowadays, there are multiple companies that have been facing
numerous challenging ethical issues due to lack of proper frameworks that
would foster ethical practices and norms within their operations. Such
ethical issues literally affect the overall success, development, and
reputation of companies as well as their profitability (Weiskopf, & Tobias-
Miersch, 2016). Therefore, it is important for companies to adopt new ways
that are effective and always consider ethical policies, as it would ensure
that any negative issues are dealt with properly. This paper is based on an
ethical scenario that seeks to address how the ethical issues at various
workplaces ought to be solved and problems that might be faced while
using certain resolutions. Moreover, this paper will elaborate on the
various ethical issues within the case, their main causes and the
necessary strategies that ought to be implemented to mitigate such
issues effectively. The study would also elaborate on the concept of
whistleblowing and analyse its importance in the workplace. On a daily
basis, where choices have to be made between a number of alternatives,
people are often faced with various ethical issues. Ethics can simply be
described as the codes used by organisations to govern the conducts of
employees and guide on the decisions which they make, or values and
morality that they follow. Ethical decisions are built on the grounds of
trust and honesty and often include complex issues such as governance,
compliance diversity among others. In the corporate world, there are
several instances where various ethical issues are raised and thus require

4
to be resolved, with consideration to ethical integrity. In the following
sections, the given cases scenario will be evaluated (McIntosh, et al., 2019).