M4 (AC) Student Response

NEED RESPONSE TO PEER STUDENT

ORIGINAL TOPIC

Assignment 1: Discussion—Ethics in Business

Tim Smith is purchasing a business named Underground Shoes and Accessories near Lutz, Florida. The business has had several brushes with the law during the past few years, dealing with claims of false advertising and wrongful termination of employees. As a result, Smith is concerned about the ethical culture of the firm.

In this assignment, you will review the concept of ethics discussed in this module to critically evaluate the existing or potential ethical problems in Smith's business and help him propose solutions to eliminate the problems.

Tasks:

Respond to the following points:

• What specific techniques could Smith use to increase the emphasis on business ethics when he takes control of the firm? Explain.
• What, in your opinion, can be done to improve the human resource management (HRM) of the firm, to avoid future legal problems?

STUDENT RESPONSE:

The specific techniques that Smith can use to increase the emphasis on business ethics when he takes control of the firm are “communication, discipline and change” (Bianca, n.d.). When communicating, Smith needs to be able to “make his expectations clear” (Moran, 2012). With communication there are multiple ways to transfer data or information when emphasizing on the firm’s business ethics. They are through speaking, writing it in the business ethics handbook or even in other procedural recorded documentation. This specific technique is one of the most important due to that it communication and networking ability to be on one accord. Discipline is another specific technique. This technique is for an enforcement to stabilize good ethical behavior and “enforce consequences for violations” (Bianca, n.d). And lastly, “Empowerment also can produce better results from employees, such as more creative solutions to business problems, when implemented effectively” (Bianca, n.d.).

Regarding, the improvement of the Human Resource Management (HRM) of the firm, to, avoid future legal problems, are to “comply with discrimination laws, maintain consistent employee policies, and, make documentation a top priority” (Human Resources, 2015).

References

Bianca, A. (n.d.). Ways to Improve an Organization’s Ethical Climate. Chron, Small Business, Business Models & Organizational Structure, Organization. Retrieved February 17, 2018 from http://smallbusiness.chron.com/ways-improve-organizations-ethical-climate-69591.html.

Moran, G. (2012). How to Build an Ethical Business Culture. Entrepreneur, Growth Strategies. Retrieved from https://www.entrepreneur.com/article/224453.

5 Best Practices for Avoiding HR Lawsuits. (2015). Paychex, Human Resources. Retrieved from https://www.paychex.com/articles/human-resources/5-best-practices-for-avoiding-hr-lawsuits.

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