Answered: What are the Ways companies can reduce…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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What are the Ways companies can reduce ethical and privacy issues?

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Step 1 Ethical issues

The Ethical issues in the workplace is a condition when a moral conflict occurs and it must be resolved. Ethical issues generally involve a choice which is to be made about what is ethical and what is wrong.

Steps to reduce Ethical issues:

Identification of the problem as and when it occurs in the organisation.
Try to get to the point and gather relevant information about any ethical conflict that might arise in the organisation.
Determine if there are some already set ethical rules related to the issue that have arises in the organisation.
Identify which committee or body is to be referred to in case of any ethically conflict arising in the organisation.
Determine the resources and ways which can be used to resolve the Ethical issue.
Take into account the possible ways to undermine different ethical problems and there positive as well as negative impacts.
After taking the relevant action to solve the Ethical issue, determine if it successfully produced the required results or not.

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