Case Study on Business Ethics

Running head: CASE STUDY ON BUSINESS ETHICS
[Document Title]
Assignment 2 A
NAME : DAM XUAN THANH
STUDENT ID : 00137940T
SUSMISSION: WEEK 6 - SUNDAY

1CASE STUDY ON BUSINESS ETHICS
Table of Contents
PART A...........................................................................................................................................2
1. Introduction of corporate ethics...............................................................................................2
2. Identification of the concerning issue-1..................................................................................2
3. An ethical framework for addressing issue-1 and justification of the choice..........................2
4. Identification of issue-2...........................................................................................................3
5. An ethical framework for addressing issue-2 and justification of the choice..........................3
6. Conclusion...............................................................................................................................4
References....................................................................................................................................5

2CASE STUDY ON BUSINESS ETHICS
PART A
1. Introduction of corporate ethics
According to the author (Hoffman et al., 2014), business ethics also termed as corporate
ethics is a means to eliminate any illegal activity or chaos within the business undertaking.
Business ethics is concerned with the manner in which the various business activities are carried
upon. Business ethics are formulated to keep in view the nature of the business and its
surroundings. Business ethics has two sides; these are normative business ethics and descriptive
business ethics.
The interest of the corporate sector within the field of corporate ethics takes place in the
era of the early phase of the 1980s and 1990s.
2. Identification of the concerning issue-1
These lacks of basic corporate ethics that the elimination in such manner is not
considered being ethical. This is not how the termination programme is to be carried out. As such
that Mr Rex Crane is one of the qualitative and reputed professional for the organisation. He is
an asset to the organisation. His knowledge and skills are remarkable; he has served the company
for a long period and has been productive in his work.
Therefore, taking into consideration his work performance and reputation, he should not
have been eliminated. Instead, he should have been communicated with the senior authority
bodies to arrive at a preferable position. Taking into consideration the above case study, it seems
like the practice of unethical act is being practiced. This will further make the organisation carry
out activities in a negative manner in the near future if such a situation of employee termination
occurs again (Cascio et al., 2015).

3CASE STUDY ON BUSINESS ETHICS
3. An ethical framework for addressing issue-1 and justification of the choice
Based on the ethical Justice framework, treatment to individuals must be equal or if not
then must be defended under fair justification. Consequently, Mr. Rex who has been contributed
to the organization with dedication and a quarter of his life, should not be terminated in such an
unethical way. Despite of old age, Mr. Rex still performs at the highest quality and accomplishes
all given task without any deficiencies.
An employee termination if required should be notified one month in advance with a
justiciable reason. There is a formal process for the termination programme that is being
implemented and is mandatory for every business firm to obey. Managers cannot terminate a
qualitative and productive employee with such a malignant approach. Moreover, there also exists
a law, that an employee who has been serving the corporate for a longer period will not be
simply terminated. He is to be considered as an asset to the organization. (Travis et al., 2017).
Significantly, the organization should consider the age factor of the concerning individual and
fulfil responsibility that is providing pension scheme to the employee.
4. Identification of issue-2
One of the most common and serious unethical behaviours within the workplace is
employee theft. This unethical behaviour is responsible for the loss of almost two hundred
million dollars in the US’s retailing industry in 2017. A study conducted by Jack L. Hayes
International (Jack L. Hayes International, Inc 2019) on 21 US large retail companies with
approximately 16,500 stores and over 1.4 million employees reveals that one in every 35
employees was caught stealing from their employer. Business firms should eagerly find the
solution for such issue as the number has escalated rapidly, only one in 40 employees was
apprehended five years ago.