Business Ethics and Responsible Management

Running head: BUSINESS ETHICS AND RESPONSIBLE MANAGEMENT
Business Ethics and Responsible Management
Name of the student:
Name of the university:
Author note:

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Table of Contents
Introduction:....................................................................................................................................3
Part 1-A: Report...............................................................................................................................3
Introduction:................................................................................................................................3
Reason of considering NHS gifts and hospitality: The case of conflicts of interest as an ethical
question:.......................................................................................................................................4
The role of business in the society:..............................................................................................6
Key stakeholders, who might be affected by this activity of NHS:.............................................7
Conclusion and recommendation:...............................................................................................8
References:......................................................................................................................................9
Part 1-B: Assessment of the case by using ethical theories...........................................................12
References:....................................................................................................................................14
Part 2- Reflection on business ethics:............................................................................................15
What makes an ethical leader?..................................................................................................15
Role of the ethical manager to manage the high ethical standard in business:..........................15
Condition that brings unethical practice in an organization:.....................................................16
References:....................................................................................................................................17
Conclusion:....................................................................................................................................18
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Introduction:
Business ethics is one of the most significant forms of professional ethics which support
in examining the ethical principles and thereby mitigate the issue that can arise at any point of
time during business. In the highly volatile business environment, the inclusion of business
ethics plays a major role in terms of leading individual people to take decision regarding right or
wrong. Present paper will put forth the discussion of business ethics. In the first part, the case on
NHS gifts and hospitality: The case of conflicts of interest has been chosen. In this part, the
case will also be assessed through ethical framework. In the last part, ethics in the context of an
organization will be evaluated.
1. Part 1-
1.1 Report to the senior manager of NHS:
1.1.1 NHS gifts and hospitality: The case of conflicts of interest:
Conflict of interest is one of the most challenging issues, being faced by NHS in the
contemporary times. It has been reported that lobbying is one of the major factors, leading to
conflict of interest among the staffs. As perceived by Grundy et al. (2018) it is expected that, the
staffs will ban the gifts over £50. Such negative attitude among the staffs has been considered as
the first national conflict of interest (The Telegraph. 2019). A new rule has been developed in
order to swipe away the cloud in dealing with the lobbyists. According to this term, it is the
obligation for the staffs and doctors to keep the record of dining worth more than £25, unless the
gift worth £50 will be banned (Nie et al. 2018).
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