Academic and Professional Skills - Assignment

Added on - 12 Nov 2020

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PROFESSIONALAND ACADEMICSKILLS
EXECUTIVE SUMMARYBusiness ethics are essential to sustain a good and reliable relation between society andorganization. Ethical issues results in creating bad impact on the image of company. These issuesarises when a company chooses unethical alternative rather than adopting fair means to performbusiness operations. Main objective of undertaking this report is to analyse the value of ethicalprinciples in sustaining the position of organisation within marketplace. This report is concernedwith identifying issues and problems that a company faces because of non-fulfilled ethicalstandards. Ethical aspects violated by Volkswagen are loyalty and responsibility and justice.Along with it, this report includes the effect of these issues on various aspects within anorganisation. Aspects which are considered in this report are Revenue, Share price, Managersand Regulators. Impact of these ethical issues on these aspects is negative. At last, somerecommendations are given which provides solution to reduce the impact of these issues onworking of organisation. These solutions will help the company in recovering their reputationand brand image within market.
Table of ContentsEXECUTIVE SUMMARY.............................................................................................................2INTRODUCTION...........................................................................................................................1Analysis...........................................................................................................................................2Ethical issues associated with Volkswagen................................................................................2Impact of issues...........................................................................................................................3CONCLUSION................................................................................................................................5RECOMMENDATIONS...............................................................................................................5REFERENCES................................................................................................................................7
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