Business Policy and Strategy Unit VII Assessment

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Running head: BUSINESS POLICY AND STRATEGY UNIT VII ASSESMENT
Business Policy and Strategy Unit Vii Assessment
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BUSINESS POLICY AND STRATEGY UNIT VII ASSESMENT
Answer 1
1A. a firm has several methods to ensure their code of business ethics. In this process
they make a good relationship between the employees and firm, it helps build the ethics standard
of their employees (Crane, 2016). To ensure the ethics of the firm they conduct some workshop
regarding to the ethics and make sure they understand the cause in which the ethics issue can
arises. To make sure they did not ignored the ethics the punishment regarding the code of
business ethics is mentioned to them as well the rewards for maintain the ethics.
1B. the concept of whistle blowing is generally good for the firm’s ethics. In this concept
it stated that the person who is blowing the whistle he is protesting against the unethical business
which is done in the company. This concept should be seen in a good way and encourage the
person for taking the step. It builds transparency through the employees and maintain good
atmosphere in the firm.
Answer 2
When a person is giving any valuable things or any money to other official with the intention to
get benefited then it was called bribery. Actions like earmark giving by the Politian or drugs
giving by the pharmaceuticals consist in bribery along with giving money to the police (Banuri &
Eckel, 2015) and which is not count in bribery is giving the salary to the employee, paying the
government tax and small token of gratitude.