Analyzing Professional Ethics, Responsibilities, and Loyalty Report

This report delves into the crucial aspects of professional ethics, responsibilities, and loyalty, examining the ethical considerations for intermediaries, managers, and employees. It highlights the importance of maintaining ethical standards, avoiding conflicts of interest, and ensuring the well-bein...Read More

Professional Ethics And Responsibilities

Professional ethics and
responsibilities of intermediaries
 Reduce the financial loss from protecting the third party.
 Update and assess the culture of corporate to ensure that it remains
consistent with the current standards of ethics.
 Example – Intermediaries have gotten information from a client as the
organization is going to grant a patent for a new product. This will
increase the value of the stock of the organization. Tempted to buy
the stock of the organization immediately will increase profit. Trading
on the inside information will be disloyal to the integrity of the
organization and it is illegal.

Professional ethics, responsibilities,
and loyalty of managers
 Managers need to pay their attention to offers excellent conditions for
working.
 Example – Sometimes managers for personal benefit does not install
good safety features like fire extinguisher etc. within the organization.
These kinds of mistake can cause a big issue in the organization. For
solving these issue managers have moral responsibilities towards
their employees by installing the good safety features in the
organization.

Professional ethics, responsibilities,
and loyalty of managers
 Managers need to pay their attention to offers excellent conditions for
working.
 Managers have to protect the health of the organization.

Professional ethics and
responsibilities of employees to the
community The relationship of employees based on the integrity and mutual
respect for avoiding conflicts of interest between the care of the
community and personal interest.
 Example - Using the equipment and material of the organization
in an improper way causes the environment of the organization for
this employee of the organization is need to pay the attention for
using the sources in a good manner. For solving these issues
employees need to follow the instructions and training material.

Professional ethics and
responsibilities of employees to the
community Employees have the responsibilities to maintain the relationship of
employment in an ethical manner.
 Employees must have high moral conduct.
 Employees should offer the same trust.

References
Millie, C. (2013). Intermediaries. Managing the role of intermediaries, 267-277.
Robert, S. (2018). The Ethics of Managers. Manager Responsibilities, 130-135.