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FinalEthicalIssues(Reporting)

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Bernadeth Gaviola
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4 views

FinalEthicalIssues(Reporting)

Uploaded by

Bernadeth Gaviola
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPSX, PDF, TXT or read online on Scribd
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ETHICAL ISSUES

AND PROBLEMS IN
THE BUSINESS
WORLD
What are ethical issues in business?

→ Ethical issues in business occur when a


decision, activity or scenario conflicts with the
organization's or society's ethical standards.
Both organizations and individuals can
become involved in ethical issues since
others may question their actions from a
moral viewpoint
Incorrect Accounting

Whistleblowing
Health and Safety
Social Media

ETHICAL ISSUES AND


PROBLEMS IN THE
BUSINESS WORLD
Health and Safety
All employees have a right to a safe
working environment and work conditions.
Regardless of the size of your business or
the industry you are in, as a business
owner, yiu are ultimately responsible for
ensuring the health and safety of
employees in the workplace. It's also
wise to remember that an employee's
psychological well-being is just as
important as their physical health, and it's
important to pay attention to both.
Ethical implications of people getting hurt
or sick while working for the business,
there's also the huge risk ti the business's
financial stability and reputation.
Some of the most common employee safety
considerations include:
→ Fall protection → Industrial trucks
→ Hazard communication → Ladders
→ Scaffolding → Electrical wiring methods
→ Respiratory protection → Machine guarding
→ Lockout, tag out → General electrical
regulations
Incorrect Accounting
“Cooking the books” and otherwise
conducting unethical accounting
practices is a serious problem,
especially in publicly traded companies.
Laws require organizations to maintain
accurate bookkeeping practices. The
legislation specifies financial report
requirements aimed at protecting
shareholders and consumer. All
organizations have to keep accurate
financial records and pay taxes to
attract investment and business
partners regardless of the size of the
company.
In order to make themselves appear more
profitable than they are, publicly traded
corporations may engage in unethical
accounting practices.
Deceiving shareholders and others with a
stake in your company's finances is a
serious offense by both ethical and judicial
standards.
Social Media
One of the current ethical
issues in business is the
question of employees
personal behavior on
social media outside of
work hours.
If an employee's written post, photo or video -
even if it was created off the clock or non -
working hours - risks damaging the business
reputation and losing customers and clients,
the employee could still face professional
repercussions.
Social media ethical issues in business
examples include
→ Posting negative or derogatory comments about the business
including anything libelous or defamatory.
→ Leaking private information about the company or its clients or
customers.
→ Harassment
→ Posting contents that denigrates an individual or group based on
race, sex, gender, religion or disability.
Whistleblowing
•It is the disclosure by an
employee of confidential
information which relates to
some danger, fraud or
other illegal or unethical
conduct connected with the
workplace, be it of the
employer or his fellow
employees.
Whistle blower

→ Someone in an organization who


witnesses behavior by members that is
either contrary to the mission of the
organizations, or threatening to the public
interest, and who decides to speak out
publicly about it.
Types of Whistleblowing
→ Internal whistleblowing - → Alumni - those who blow
occurs within the the whistle on former
organization. employers.
→ External whistleblowing - → Open - the whistle-blower
occurs outside the discloses his/her identity.
organization.
→ Anonymous - the whistle-
→ Current - those who blow blower does not disclose
the whistle on the present his/her identity.
employers.
Group Members:
Estrira, Jaya B.
Gaviola, Bernadeth O.
Gemarino, Erica Mae E.
Gomez, Aira Mae
Granada, Vaileth C.
Guzon, Archielyn M.

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