The Dynamics of Business Ethics Article Example | Topics and Well Written Essays - 1250 words

The Dynamics of Business Ethics - obligate ExampleThe bonny was enforce by the Financial Reporting Council (FRC) and is considered as one of the largest fine oblige in accounting history (Rankin, 2013). RELEVANCE How does this relate to the class materials? A large amount of fine was imposed on Deloitte because it fai take to adhere to the accounting policies and breached ethical accounting standards when it had advised the above-mentioned companies for a merger, which led to the catastrophic outcome (Leake, 2013). REFLECTION What are my thoughts and opinions regarding this article or report? As per my opinion, the management non only failed to identify potential conflicts but also failed to adhere to the ethical corporate standards. UNIT term 2 ( Marta Steeman, 27 June 2013, 8000 keystoneers under Ecan scrutiny, Source Business Day). DESCRIPTION In June 2013, the management of Environment Canterbury (ECan) imposed restrictions on the key fruitings of 8000 painters in Christch urch (Steeman, 2013). It was observed that the painters were using illegal disposal paint that had the potentiality of polluting and harming the environment (Steeman, 2013). Ecan has communicate the paint companies to use paints, which are relevant to the quality requirements of the Environmental Regulation Authority (Steeman, 2013). RELEVANCE The paint companies have been requested to use environmentally friendly paints which can be discharged directly into the effluent without hampering or blocking the city drainage system (Steeman, 2013). Ecan has also started a nationwide anti lave campaign to prevent the paint companies using illegal paints (Steeman, 2013). REFLECTION As per the notice issued by Ecan, paint companies are requested to carry the trade license for purchase of containers of paints which are environment-friendly and come in amidst the range of $200- $ 4500. As per my opinion, there is a huge interrelationship between personal and organizational ethics. The fusio n between the two goals is necessary for the productivity of the organizations (Svensson and Wood, 2003). The employees failed to follow the ethical standards of the company. Article 3 ( Juliette Garside, 31 may 2013, Leaked Europe probes apple overexploitation of mobile networks, Source The Guardian) DESCRIPTION The European Commission is study whether Apple Inc has performed unfair means and methods to the mobile network companies that sell its phones. Although the management claims that it has complied with the local laws and regulations, the papers shown by the European commission reflect that the company has been using unfair means for yielding profitability. The European Commission is investigating the matter related to Apple Smartphones (Garside, 2013). RELEVANCE Although the management of Apple claims that is has complied with the local laws and regulations to continue its business operations, European Commission has shown papers which depict the leaked allegations with t he signature of the regulatory authorities. REFLECTION As per my opinion, Apple Inc tried to attain a competitive advantage or profitability through unfair means or methods, which is in truth offensive.