Organizational Ethics and Governance Discussion 2022

Running head: ETHIC AND GOVERNANCE
ETHIC AND GOVERNANCE
Name of the University:
Name of the Student:
Name of the University:
Author Note:

ETHIC AND GOVERNANCE1
Executive Summary:
The presented report will discuss about the importance and role of ethics in the organizational
conducts.in this notion the report will include the recent legal case of Walmart and will
discuss about how the Brazil chain of the business failed to meet the ethical practices which
had led the organization to loose on a great sum of money. The report will also discuss upon
the role of leadership and stakeholders related to the same.

ETHIC AND GOVERNANCE2
Table of Contents
Introduction:...............................................................................................................................2
Discussion:.................................................................................................................................3
Formal Vs Informal Culture System:.....................................................................................3
Relativism between Parent Company and Brazil Subsidiaries:.............................................4
Code of Ethics:.......................................................................................................................4
The Decision of Entering into Brazil:....................................................................................5
How Brazil Leader is Different from US Leader:..................................................................6
Matrix: Egoistic......................................................................................................................7
Importance of Leadership:.....................................................................................................7
Ethical Decision:....................................................................................................................7
Stakeholders: Why Good in US and not in Brazil:................................................................8
Impact:................................................................................................................................8
Conclusion:................................................................................................................................8
References:.................................................................................................................................9

ETHIC AND GOVERNANCE3
Introduction:
Organizational Ethics refers to the codes, principles and standards that all the
organizations involve while conducting the business. The ethical grounds of a business can be
viewed through the acts of fairness, honour, responsibility, conducting the duties, maintaining
values and social contributions, and integrity. The prime factor that is to be considered while
practicing ethics within the organizational ground is that the company must involve all the
employees of the organization to maintain ethical grounds and practice ethical conducts
within the business (Johnson. 2018). Therefore, as per the business analyse, the organizations
must discuss the ethical approaches to the students during the time of training.
Therefore, the aim of the following essay is to discuss about, whether in a globalized
world it is ethical and is it still possible to practice ethical relativism. To discuss this, in the
following report the ethical approaches included by Walmart will be discussed. The company
has many chains across the nation. However, in the recent times the company has been seen
to have charged with $407 as the company, for corruption. Walmart had to pay to settle the
US Federal charges for involving into overseas corruption, and funnelling and money
laundering. The US authorities have charged Walmart under the Foreign Corrupt Practices
Act, which essentially deals with bribery and other illegal methods. Therefore, the report will
discuss about the unethical conducts of Walmart and the role of leadership into the whole
matter.
In this notion it is important to mention the importance of involving ethical practices
into the organizational conducts. The organizational ethics include the policies, procedures
and the organizational work culture, and therefore, maintaining a basic ethicality into all
these are included in the ethical practices of the organizations. Ethical factors that are
included in the organizational conducts involve discriminations in the organization, economic