Accounting for Management Decisions - Ethical Dilemma Analysis

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Added on  2023/02/01

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Case Study
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This case study delves into the ethical considerations within accounting for management decisions. It presents a scenario where a company employee faces a dilemma, navigating between personal relationships and professional conduct. The case highlights the importance of adhering to company policies, maintaining integrity, and making ethical decisions. The solution emphasizes the need to prioritize the company's interests, report unethical behavior, and uphold professional standards. It references relevant literature on business ethics to support the analysis. The case study further explores the implications of unethical practices and provides guidance on how to resolve ethical dilemmas. The solution also suggests that the employee should inform the President about the issues to avoid future problems. The case study emphasizes the importance of ethical behavior and the consequences of unethical practices.
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Running head: ACCOUNTING FOR MANAGEMENT DECISIONS
ACCOUNTING FOR MANAGEMENT DECISIONS
Name of the University
Name of the Student
Author Note
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ACCOUNTING FOR MANAGEMENT DECISIONS
Erin Jackson acted ethically and maintained the professionalism and performed her duties
well without compromising the values of the company whereas Allan breaches the code of
conduct by asking the production manager to reveal the confidential report of new price of
products (Branson & Gross, 2014). He chooses personal interest over professionalism and
business ethics. Therefore, it will be a violation of company policy if Erin reveals everything
to Allan as close personal relationships have no space in an organization or business. Allan
should understood and be explained that this is totally against the policy and harsh steps may
be taken against him and must be avoided to fall under such circumstances.
The production manager tried explaining the controller the benefits of deluxe model electric
motor to the company (Ferrell & Fraedrich, 2015). Allan thought that an approach to
unethical practice would be by stopping his fiend to pass the report of a non-profitable
product which the management is thinking to be profitable. Every employee in the
organization should be ethical and abide by the code of conduct, integrity, professionalism,
avoid his or her personal interest and should not violate any rules or regulations. The best
way to find a solution is by informing the President about losing money on the deluxe model
so that she and including others will not lose jobs in the near future and stick to her morals
and principles and take a wise decision.
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ACCOUNTING FOR MANAGEMENT DECISIONS
References
Branson, C. M., & Gross, S. J. (Eds.). (2014). Handbook of ethical educational leadership.
Routledge.
Ferrell, O. C., & Fraedrich, J. (2015). Business ethics: Ethical decision making & cases.
Nelson Education.
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