Essay about Ethics: Ethics and Ethical Dilemma

Submitted By NATALIYA1956
Words: 568
Pages: 3
Open Document
Name a time when you faced an ethical dilemma and what you did about Ethics refer to the code of behavior that is acceptable in a profession. Ethics are implemented for the purpose of idealism. They aid in achieving the goals of an organization. As the financial officer of an audit firm, i have come across several situations that require implementation of ethics. Often mirroring morality, ethics are a matter of personal discipline akin to the firm’s principle. Without ethics, we are challenged in everyday decisions concerning competition in the short term. Managers of a firm may be tempted to take up actions that will ultimately ruin the firm’s position in the industry in the short run. Firms would still function without much implementation of ethics but these enable smoother functioning. They avoid corruption and other practices that may put the firm in compromising situations. Firms are likely to lose to competition and be of lower quality in services when no ethics are involved. In the last financial year of our firm, we were faced with an ethical dilemma concerning capital. The Chief Executive Officer informed a few members of staff that we required a capital injection in order to expand our premises. Our services were required by a number of well performing institutions in the economy. This requirement was an indication of growth in the quality and size of our firm’s services. The director of the firm thought it wise to obtain capital as soon as possible. This was an opportunity for competitive advantage over other audit firms in the industry which we had coveted for a very long time. I was convinced that we would be counting our blessings until the borrowing decision was challenged by the bank’s lending procedure. The bank required our cash flows to be sufficient over the past half year in order to obtain the loan. The firm’s cash flows however, did not meet the banks requirements and it would take longer than we had expected. This would obviously jeopardize our chances to reign above our rival firms. It is hard to imagine a situation where you would give in or even consider doing something that is unethical. Nevertheless,
Show More

Related Documents: Essay about Ethics: Ethics and Ethical Dilemma

Ethics and Ethical Dilemmas Essay

managers with an ethical basis for making business decisions. In order to achieve this objective, the course will begin by exploring the complex nature of the interrelationships between business, government, and society. Next, we will examine the meaning of corporate social responsibility and the concerns of various stakeholders including those outside the business environment. Throughout the course, we will use assigned readings, case analysis and class discussion to explore the ethical issues that arise…

Words 1921 - Pages 8

Questionnaire: Ethics and Ethical Dilemmas Essay

QUESTIONNAIRE Patsy Barnett, PHIL1213 Ethics Pseudonyms are used in this interview. 1. Name of professional Unknown 2. Where employed, type of industry & job title Manufacturing, Recovery Operator 3. Why did you choose this person to interview? In my opinion this person fits the definition of “professional”. 4. Educational background High School Diploma 5. Years of experience in profession 26 Years in current position 6 6. Professional organization memberships…

Words 731 - Pages 3

Ethics and Ethical Dilemmas Essay examples

employees ethical dilemmas take place every day. What might be ethically correct here in America may be a slap in the face to the Chinese. As one would presume ethical dilemmas can easily arise into conflict in an instant. How can one determine who is right and what decision is the best to go with, and further more by satisfying a conflict between two how do you know you haven’t pissed off another? Microsoft must be extremely carefully in this juggling act to make sure that the ethical provisions…

Words 298 - Pages 2

WK6Assgn Phillips S Essay example

Ethical Challenges and Boundary Issues Shannon Phillips Walden University Ethical Challenges and Boundary Issues Mental health counseling is a practice that a counselor pride themselves on and the client in the process. As rewarding as the profession is, the concept of the practice can lend to the development of dual relationships. These relationships can be legitimate and nonsexual encounters, many which will be inadvertent and unplanned, yet they still may yield ethical dilemmas…

Words 1084 - Pages 5

Essay about Workplace Ethical Dilemma

+ Workplace Ethical Dilemma Tanya W. Cooper BSHS/332 Professional, Ethical and Legal Issues in Human Services April 16, 2012 Kathleen Roberts Everyday individuals are faced with issues associated with ethical dilemmas. Ethical dilemmas involve an individual’s behavior toward a moral standard, which may have been established from previous generations and passed along. In upholding the standards taught individual may be forced to take a particular action involving a decision when a behavior…

Words 1308 - Pages 6

Ethical Dilemma Paper

Ethical Dilemmas Renae Van Der Linden Roberts Wesleyan College Ethical Dilemmas Ethical dilemmas easily and frequently sneak up on social workers. Through coursework and experiences, many social work students are able to process some of the larger ethical dilemmas that can occur. However, there are so many more ethical dilemmas that happen aside from the 2-3 ethical dilemmas discussed in a paper. One of the main questions with ethical dilemmas is how to conquer those dilemmas based on personal…

Words 711 - Pages 3

Ethical Issues Faced By Canadian Companies

Ethics [Name of the Writer] [Name of the Institution] Abstract This paper reports the findings of an inclusive study on ethics and ethical dilemmas faced by the Canadian companies. The detailed study of the company that have had ethical dilemma can be seen later in this paper. It was found that there are many persistent questions about the issues of ethical dilemma and its value in Canada’s Corporations. Later in this paper certain suggestions are given to define one particular Scenario…

Words 2675 - Pages 11

What Personal, Cultural, And Spiritual Values Contribute To Your Worldview And Philosophy Of Nursing

Personal ethics What personal, cultural, and spiritual values contribute to your worldview and philosophy of nursing? How do these values shape or influence your nursing practice? Ethics and values form the basis of nursing. Nurses provide nursing care by preventing illness, reducing suffering and promoting restoration of health in individuals, families, societies and communities. Nursing involves technical skills and abilities, duty and service to others with compassion and efficient decision-making…

Words 959 - Pages 4

Essay on Social Work In The Military 6

Military Social Workers Ethical Dilemmas Brenda F. Towner United States Army Sergeant Major Academy Class 65 SGM Chu/Mr. Jenkins May 20, 2015 Abstract Officers and non-commissioned officers are not aware of the existence of social workers in the various branches of the military. They are not aware of the variety of social work services provided by these individuals. Social workers served the military during World War I. From this beginning in 1918 through 1945, the U. S. Army depended…

Words 1639 - Pages 7

Ethics - Mgmt 216 Essay

Ethics Issues University of Phoenix MGMT 216 Abstract Personal and relative ethics is defined as a set of moral principles of values. However, business ethics definition focuses on conduct (DeGeorge, 2005). Three ethical issues within today’s environment include work stress, “do the right thing”, and discrimination. Ethics Issues What is business ethics? Business ethics is defined as written and unwritten codes of principles and values that govern decisions and actions within a company…

Words 599 - Pages 3