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Reflections on Cases of Business Ethics and Responsibility

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Added on  2023-06-05

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This article reflects on cases of business ethics and responsibility, including the Gold and Diamond Watch Case, All Asia Airways Case, Corporate Responsibility, and more. The author provides their personal views and decisions on each case, based on their moral principles and values. The article also discusses the importance of corporate social responsibility and ethical leadership in business.

Reflections on Cases of Business Ethics and Responsibility

   Added on 2023-06-05

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Running Head: BUSINESS ETHICS
Reflections on Cases of Business Ethics and Responsibility
Name
Institution
Reflections on Cases of Business Ethics and Responsibility_1
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BUSINESS ETHICS
The Gold and Diamond Watch Case
People have different feelings when it comes to the issue pertaining to business ethics.
Every business has its own way of doing things which may be referred to as the organizational
culture. The subject on business ethics continues to dominate the business world where it
consists of moral issues in business, the codes of conduct among business professionals and also
the governance method in a business (Mridula & Preeti, 2014). Going against the business ethics
can have adverse effects on the employee and the organization itself. Ryan meets himself in an
ethical dilemma due to the fact that he really needed to increase his commission from the deal by
Abdul. However, the boss, Charles warns Ryan against giving the ‘gift’ to Abdul terming it as a
bribe which is against the organization values.
In My view, the decision I make about each character is guided by my belief and
principles on morality and I stand with what is right as evident from my response on my Moral
Competency Inventory(MCI). I respond that I can state clearly the values, beliefs, values, and
principles that guide my actions in all situations and that I will confront someone who is doing
something wrong. From my answers on the least and most objectionable characters, I view Jane
to be the most objectionable character since she did not have a basis for complaining to Charles
on the spending manners of Ryan. Charles, on the other hand, is the second from Jane since he
fired Ryan without doing the proper investigation into the matter. The least objectionable was
Mr. Grey since he was performing his duties as a Banker. Ryan, according to me cannot justify
his actions to his personal challenges since the challenges cannot be used as excuses to break the
business ethics (Sharm & Hart, 2014). Though I was also caught up in a dilemma, I think that the
dilemmas should be handled in the right way and personal challenges should not drive us to a
Reflections on Cases of Business Ethics and Responsibility_2
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BUSINESS ETHICS
compromising situation. I think that my judgment on this case is based o my principles as shown
through my MCI diagnostic tool report.
The All Asia Airways Case
In the case of All Asia Airways (AAA), the decision made on giving a bribe to a foreign
official need have the outcomes of the action considered. Steven (2008) argues that when coming
up with a moral decision, it is important to weigh the outcomes of the action to be taken. In this
case, there exists an ethical dilemma since failure to bribe the official will result in automatic
losses by AAA Company while the bribe could lead to high fines to both the company and
David.
My decision on this case is that David should take a leap of faith and bribe Milonoski in
order to save the company. As Graeme puts it, it is important to ask yourself what Richard would
do. Since Richard has grown the company by doing what was necessary for its growth, David
should do the same as this is an organizational behavior which determines its success or failure. I
hold this view not because of my religious or cultural beliefs but due to my educational insights.
I, however, feel that it is not a good decision to make when it comes to the ethicality
since the US government is against the practice. I feel a bit confused when making this decision
since my morals conflict with my decision. It is however important for managers to respond to a
situation using a method that is appropriate to that given situation (Raquel, 2014). A manager
would not risk the profits of the company for the ethical code of conduct of the US since the
company’s interests have to be served first.
On the other hand, the Decision that David makes to accept an invitation from his
suppliers (which is against the US law) is a right one. To me, David makes the right choice for
Reflections on Cases of Business Ethics and Responsibility_3

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