Assessing Ethical Business Issues: A Report on Professional Career

This report delves into ethical issues and challenges within the global business environment, focusing on corporate social responsibility and professionalism. It examines the impact of implementing a code of conduct, explores corporate governance, and analyzes ethical dilemmas such as conflicts of interest and government standards. The report also discusses the support and guidance provided by professional bodies like SEBI and audit committees. Furthermore, it includes a CPD (Continuing Professional Development) plan reflecting on learning in areas such as communication and leadership skills, essential for navigating ethical considerations in a professional career. The appendices include a detailed CPD plan outlining areas of learning, reflections, and future implications for skill development.

Preparing for a
professional career

Table of Contents
Preparing for a professional career................................................................................................1
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
Introduce and defines issues and challenges...............................................................................3
Explain the code of conducts that can assist in resolving............................................................4
Discusses the support and guidance available from the relevant professional bodies.................4
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................5
APPENDICES.................................................................................................................................6

INTRODUCTION
The preparation for the future career helps to get know the growth of project that helps to
know the future career that can be helpful for individual to map the future career. Apart, from
this career is an individual journey of individual life by the help of learning working and from
the other aspects of life (Hughes, 2019). For being the professional career that most of the
peoples that means having to create the specific opportunity to gain the higher pay for
recognition of success in life. As well as career is also meaning to everyone to stay in the similar
type of work for long time. The individual can work for many of the companies that is also
called sometimes a career path. Now, in the context of company Tesco further discussion will
take place about issues and challenges of global business of the environment links through the
corporate social responsibilities as well as module of CPD plan.
MAIN BODY
Introduce and defines issues and challenges
The chosen ethical challenges are corporate governance sustainability, if the company is
valuable for different groups of interest such as employee, owners, investors, manager as well as
business. This is really clear that company system is going to need for realizing the best possible
that is related to handling the relationship of company. This is really important idea for company
that is corporate governance. The detailed definition of system of processes, regulations that is
directed to control the behaviour. This is mainly to conduct the business for doing a perfect
management within the company like Tesco. Mainly the corporate governance is deals with
putting the place of trust, that will be helpful to gain productivity within the business (Nurius and
Kemp, 2019). This will give stakeholders a big confidence that is important for running the
business. apart from this there are also some of the issues related with the corporate governance,
the good corporate governance is really difficult to achieve, for the implementation of corporate
governance code the company institutions that must have to come together to provide the
correspondence guidelines. The main issues of corporate governance that many of people is
giving various ideas for making policy but this will no provide the satisfactory outcome to the
business. further discussion about challenges is as follows-

Conflicts of interest- The conflicts of interest will be occurred when, this can influence the
decision making of company. The conflicts interest will eliminate the trust of stakeholder as well
as public, that potentially will help the business.
Government standards- The board of company is having the equal rules as well as
policies. The manager can apply the good corporate governance at the operational level leaving
that business that is exposed to state related to federal law, that can damage the stakeholders.
This policy can get damage the corporate governance of company.
Explain the code of conducts that can assist in resolving
Leadership:
This code requires within the company to make sure the stakeholders that, the company
comprise an effective board of directors. As well as director of company can provide the good
leadership as well as they are responsible for the short-term and long- term success of the
business they serve to the organisation.
Effectiveness:
This code requires the corporate boards to make sure the proper balance within the skills
as well as this also helpful to provides knowledge so, this can provide knowledge to the
company.so, the employee is able to handle problems and make them understand their duties and
responsibilities in effective manner.
Accountability:
The company board is accountable for taking the decisions for the company. As well as
boards should also make the disclosures for shareholders that sometimes represents a fair as well
as accurate data of assessment of the corporation in order to corporate the organisation (Patankar,
,2020).
Discusses the support and guidance available from the relevant professional bodies
The corporate governance is providing the equal support and guidance to the company by
the helps of SEBI, this comprises the regulatory framework to which will be helpful to regulate
the issues rules and guidance to the company to make sure the protection of investors within the
company. The corporate governance body also provides the accounting standards, this is
autonomous professional body which will be helpful to provide the guidelines for the disclosures
for the financial problems. The professional body guidance is further explained is as follows-
Board of directors:

The board of director is one of the professional bodies of the company is relatively the promoter
of the business. that gives the proper guidelines to employee as well as manager to deal with the
problems and how can enhance the productivity of the company.
Audit committee:
This is another professional body of company is related to three directors that is always get
available in order to solve the problems of company. This is audit committee is also responsible
for doing audit of company in appropriate manner and will do possible changes within the
organisation. (Simmons, McCall and Clegorne, 2020).
CONCLUSION
From, the above report the conclusion of the topic that both professional body and codes of
conduct have both a positive and negative impact within the company. Because the well-defined
codes of conduct help to clear the organization mission values as well as values of the company.
This will assist to link the company with the professional standards. The negative impact of code
of conduct of the company that it does not capable to define the clear mission and vision to make
the powerful leaders. Similarly, the professional code of conduct helps to outline the ethical
principles that helps to governs the decisions of the company as well as provide special guidance
to company for handling specific issues like safety harassment as well as several conflicts within
the interest. As well as this also have negative impact without this, company is quite unable to
resolve as well as sometime there is disagreements as well as difference within the views of
employee in the organisation while making any of the decisions.

REFERENCES
Book and journal
Hughes, C., 2019. Ethical and Legal Issues in Human Resource Development. Palgrave
Macmillan.
Nurius, P.S. and Kemp, S.P., 2019. Individual-Level Competencies for Team Collaboration with
Cross-Disciplinary Researchers and Stakeholders. In Strategies for Team Science Success (pp.
171-187). Springer, Cham.
Patankar, M.S., 2020. Safety ethics: Cases from aviation, healthcare and occupational and
environmental health. Routledge.
Simmons, D.R., McCall, C. and Clegorne, N.A., 2020. Leadership Competencies for
Construction Professionals as Identified by Construction Industry Executives. Journal of
Construction Engineering and Management, 146(9), p.04020109.
Young, K.S. and Travis, H.P., 2020. Business and Professional Communication: A Practical
Guide to Workplace Effectiveness. Waveland Press.
APPENDICES
CPD PLAN
Area of Learning Reflection of Learning Future Implications
)
Communication skills
Communication is one of the most
important skills within the field of
resolving the ethical department because
this is essential part of the learning
process that involves the various elements
of the learning related to the Development
of skills because, personally in believe
without the interaction of anyone within
the business these issues cannot being
resolved. As well as this is also helpful to
get the knowledge about how to deal with
This assist in thinking how to develop
my communication skills that is helpful
for me to being able at the time where
the concept of the career and the
workplace that is changing this, helps to
improve the knowledge as well as
communication skills. This skill set
need a good attention as I am really not
very good in it. Thus, firstly will be
learning in-deep knowledge from the
good books of experts and the most

the ethical challenges of the business, and
code of conducts will be used by the
business
important techniques related to learning
and development. Once I am conscious
about the idea then will be taking
initiatives by grabbing opportunities to
practice them in real practical situations
with guidance of my superiors.
Leadership skills
The leadership skills also help to develop
the problem skills and make myself
capable to deal with the problems of
learning and development related to the
field of ethics of the company .The
leadership skills gives the best outcome
within the time of learning skills this will
enhance the performance of the learner
and provides the proper knowledge about
how to lead with challenges and issue
related to corporate governance of
company and with the help of leadership
skills how can survive within the
company, because these are ethical issues
that can be only solved by developing
leadership skills.
This leadership skills provides the best
outcome within the time of learning
skills this will enhance the performance
of the learner. As well as boost the
confidence of learning and managing
the corporate governance and enhance
the capabilities of managing company
and helps to develop the knowledge of
professional career. The leadership skill
is really essential skills to co-operate
with corporate governance and helpful
to make crucial decisions within the
business as well as assist in managing
the team in appropriate manner and
resolve the query of customers in really
very effective manner. So, that
organisation does not have to be face
any problems.
Decision making skills
Making self-decisions skills helps to
provide the adequate knowledge about the
company as well as increase the level of
knowledge for the learning and
development make them understand their
problems and provide them instructions in
accordance to their study and manage
In process to gain better knowledge in
relation decision skills I will be first
giving a full importance to decision
making skills related to global ethical
issues related to environment and
decision-making skills used within the
development of various department job

them properly. of organisation and then make to
understanding and strategies in relation
to organisation and corporate
governance.