What ethical issues might arise in an "open" company? Introduction: In any company there are hundreds of employee working. Employee belong to different kind of society. In open company there is negligible boundation on the way you discharge your duty. This can lead to different kind of ethical issues risk -like data theft, discrimination, misbehaving, etc.

Question

Want to see more full solutions like this?

Answer 1

Question

Chapter 6, Problem 1TAI

Summary Introduction

To Explain:

What ethical issues might arise in an "open" company?

Introduction:

In any company there are hundreds of employee working. Employee belong to different kind of society. In open company there is negligible boundation on the way you discharge your duty. This can lead to different kind of ethical issues risk -like data theft, discrimination, misbehaving, etc.

Expert Solution & Answer

Explanation of Solution

An open company is regarded as the one in which there are very few barriers for performing various tasks such as its employee could come in freely and contribute to the growth and development of the company. If an employee performs exceptionally well in the open company then that employee may get rewarded as well.

But sometimes an 'open' company may encounter various ethical issues. Generally ethical issues are the types like where the employees or leadership of an organization could be in a situation where they have to choose between various actions that seem right or wrong and could impact effectively on the output of the company.

In an 'open' company, one would find the organizational culture very friendly as there are very few barriers. The communication between the employees and between the leadership and the employees are generally very informal that sometime could be a source of the problem. People working at the same level could sometime find a conflict of interests. The competition at the employee level is also so common that anybody could take help of some wrong tricks to overpower others. These problems are very serious as sometimes these can affect the working efficiency of an individual resulting in a comprehensive loss for the company at the mass level. Such practices definitely malign the working culture of the organization and can harm the reputation of the organization in the market.

Several other similar ethical issues are as follows-

Fraud
Bribery
Discrimination
Sexual harassment
Insider trading
Privacy issues etc.

These issues must be taken seriously by the company's management and should have to arrange ethical seminars for the employees.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Students have asked these similar questions

Assume that you are convinced that creativity and innovation are legitimate parts of a leader’s role, what percent of your working time do you think you should invest in creative and innovative thinking? Explain your reasoning. Speak to the most creative person you know in any field, and find out if he or she uses any specific creativity-enhancing technique. Share your findings in the paper. In the United States, a person who has an English (U.K.) accent is often at an advantage in obtaining a leadership position. What is your opinion of the ethics of a person developing such an accent in order to get promoted? Cite 3 sources

Direction: Do a total of 4 of this, instruction and the topic is provided in the picture. Strictly write this in bond paper. NOTE: strictly use nautical almanac. This is about maritime navigation.

Leaders are challenged to lead in diverse cultures. In a two to three-page paper, develop a strategic plan for how you would lead in a culturally sensitive and intelligent manner. Compare and contrast your plan with a current leader in your organization, CFO of a bank.

Answer 2

Question

Chapter 6, Problem 1TAI

Summary Introduction

To Explain:

What ethical issues might arise in an "open" company?

Introduction:

In any company there are hundreds of employee working. Employee belong to different kind of society. In open company there is negligible boundation on the way you discharge your duty. This can lead to different kind of ethical issues risk -like data theft, discrimination, misbehaving, etc.

Expert Solution & Answer

Explanation of Solution

An open company is regarded as the one in which there are very few barriers for performing various tasks such as its employee could come in freely and contribute to the growth and development of the company. If an employee performs exceptionally well in the open company then that employee may get rewarded as well.

But sometimes an 'open' company may encounter various ethical issues. Generally ethical issues are the types like where the employees or leadership of an organization could be in a situation where they have to choose between various actions that seem right or wrong and could impact effectively on the output of the company.

In an 'open' company, one would find the organizational culture very friendly as there are very few barriers. The communication between the employees and between the leadership and the employees are generally very informal that sometime could be a source of the problem. People working at the same level could sometime find a conflict of interests. The competition at the employee level is also so common that anybody could take help of some wrong tricks to overpower others. These problems are very serious as sometimes these can affect the working efficiency of an individual resulting in a comprehensive loss for the company at the mass level. Such practices definitely malign the working culture of the organization and can harm the reputation of the organization in the market.

Several other similar ethical issues are as follows-

Fraud
Bribery
Discrimination
Sexual harassment
Insider trading
Privacy issues etc.

These issues must be taken seriously by the company's management and should have to arrange ethical seminars for the employees.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 3

Question

Chapter 6, Problem 1TAI

Summary Introduction

To Explain:

What ethical issues might arise in an "open" company?

Introduction:

In any company there are hundreds of employee working. Employee belong to different kind of society. In open company there is negligible boundation on the way you discharge your duty. This can lead to different kind of ethical issues risk -like data theft, discrimination, misbehaving, etc.

Expert Solution & Answer

Explanation of Solution

An open company is regarded as the one in which there are very few barriers for performing various tasks such as its employee could come in freely and contribute to the growth and development of the company. If an employee performs exceptionally well in the open company then that employee may get rewarded as well.

But sometimes an 'open' company may encounter various ethical issues. Generally ethical issues are the types like where the employees or leadership of an organization could be in a situation where they have to choose between various actions that seem right or wrong and could impact effectively on the output of the company.

In an 'open' company, one would find the organizational culture very friendly as there are very few barriers. The communication between the employees and between the leadership and the employees are generally very informal that sometime could be a source of the problem. People working at the same level could sometime find a conflict of interests. The competition at the employee level is also so common that anybody could take help of some wrong tricks to overpower others. These problems are very serious as sometimes these can affect the working efficiency of an individual resulting in a comprehensive loss for the company at the mass level. Such practices definitely malign the working culture of the organization and can harm the reputation of the organization in the market.

Several other similar ethical issues are as follows-

Fraud
Bribery
Discrimination
Sexual harassment
Insider trading
Privacy issues etc.

These issues must be taken seriously by the company's management and should have to arrange ethical seminars for the employees.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 4

Question

Chapter 6, Problem 1TAI

Summary Introduction

To Explain:

What ethical issues might arise in an "open" company?

Introduction:

In any company there are hundreds of employee working. Employee belong to different kind of society. In open company there is negligible boundation on the way you discharge your duty. This can lead to different kind of ethical issues risk -like data theft, discrimination, misbehaving, etc.

Expert Solution & Answer

Explanation of Solution

An open company is regarded as the one in which there are very few barriers for performing various tasks such as its employee could come in freely and contribute to the growth and development of the company. If an employee performs exceptionally well in the open company then that employee may get rewarded as well.

But sometimes an 'open' company may encounter various ethical issues. Generally ethical issues are the types like where the employees or leadership of an organization could be in a situation where they have to choose between various actions that seem right or wrong and could impact effectively on the output of the company.

In an 'open' company, one would find the organizational culture very friendly as there are very few barriers. The communication between the employees and between the leadership and the employees are generally very informal that sometime could be a source of the problem. People working at the same level could sometime find a conflict of interests. The competition at the employee level is also so common that anybody could take help of some wrong tricks to overpower others. These problems are very serious as sometimes these can affect the working efficiency of an individual resulting in a comprehensive loss for the company at the mass level. Such practices definitely malign the working culture of the organization and can harm the reputation of the organization in the market.

Several other similar ethical issues are as follows-

Fraud
Bribery
Discrimination
Sexual harassment
Insider trading
Privacy issues etc.

These issues must be taken seriously by the company's management and should have to arrange ethical seminars for the employees.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 5

Chapter 6, Problem 1TAI

Summary Introduction

To Explain:

What ethical issues might arise in an "open" company?

Introduction:

In any company there are hundreds of employee working. Employee belong to different kind of society. In open company there is negligible boundation on the way you discharge your duty. This can lead to different kind of ethical issues risk -like data theft, discrimination, misbehaving, etc.

Expert Solution & Answer

Explanation of Solution

An open company is regarded as the one in which there are very few barriers for performing various tasks such as its employee could come in freely and contribute to the growth and development of the company. If an employee performs exceptionally well in the open company then that employee may get rewarded as well.

But sometimes an 'open' company may encounter various ethical issues. Generally ethical issues are the types like where the employees or leadership of an organization could be in a situation where they have to choose between various actions that seem right or wrong and could impact effectively on the output of the company.

In an 'open' company, one would find the organizational culture very friendly as there are very few barriers. The communication between the employees and between the leadership and the employees are generally very informal that sometime could be a source of the problem. People working at the same level could sometime find a conflict of interests. The competition at the employee level is also so common that anybody could take help of some wrong tricks to overpower others. These problems are very serious as sometimes these can affect the working efficiency of an individual resulting in a comprehensive loss for the company at the mass level. Such practices definitely malign the working culture of the organization and can harm the reputation of the organization in the market.

Several other similar ethical issues are as follows-

Fraud
Bribery
Discrimination
Sexual harassment
Insider trading
Privacy issues etc.

These issues must be taken seriously by the company's management and should have to arrange ethical seminars for the employees.

Answer 6

Chapter 6, Problem 1TAI

Summary Introduction

To Explain:

What ethical issues might arise in an "open" company?

Introduction:

In any company there are hundreds of employee working. Employee belong to different kind of society. In open company there is negligible boundation on the way you discharge your duty. This can lead to different kind of ethical issues risk -like data theft, discrimination, misbehaving, etc.

Expert Solution & Answer

Explanation of Solution

An open company is regarded as the one in which there are very few barriers for performing various tasks such as its employee could come in freely and contribute to the growth and development of the company. If an employee performs exceptionally well in the open company then that employee may get rewarded as well.

But sometimes an 'open' company may encounter various ethical issues. Generally ethical issues are the types like where the employees or leadership of an organization could be in a situation where they have to choose between various actions that seem right or wrong and could impact effectively on the output of the company.

In an 'open' company, one would find the organizational culture very friendly as there are very few barriers. The communication between the employees and between the leadership and the employees are generally very informal that sometime could be a source of the problem. People working at the same level could sometime find a conflict of interests. The competition at the employee level is also so common that anybody could take help of some wrong tricks to overpower others. These problems are very serious as sometimes these can affect the working efficiency of an individual resulting in a comprehensive loss for the company at the mass level. Such practices definitely malign the working culture of the organization and can harm the reputation of the organization in the market.

Several other similar ethical issues are as follows-

Fraud
Bribery
Discrimination
Sexual harassment
Insider trading
Privacy issues etc.

These issues must be taken seriously by the company's management and should have to arrange ethical seminars for the employees.

Answer 7

Chapter 6, Problem 1TAI

Summary Introduction

To Explain:

What ethical issues might arise in an "open" company?

Introduction:

In any company there are hundreds of employee working. Employee belong to different kind of society. In open company there is negligible boundation on the way you discharge your duty. This can lead to different kind of ethical issues risk -like data theft, discrimination, misbehaving, etc.

Answer 8

Expert Solution & Answer

Explanation of Solution

An open company is regarded as the one in which there are very few barriers for performing various tasks such as its employee could come in freely and contribute to the growth and development of the company. If an employee performs exceptionally well in the open company then that employee may get rewarded as well.

But sometimes an 'open' company may encounter various ethical issues. Generally ethical issues are the types like where the employees or leadership of an organization could be in a situation where they have to choose between various actions that seem right or wrong and could impact effectively on the output of the company.

In an 'open' company, one would find the organizational culture very friendly as there are very few barriers. The communication between the employees and between the leadership and the employees are generally very informal that sometime could be a source of the problem. People working at the same level could sometime find a conflict of interests. The competition at the employee level is also so common that anybody could take help of some wrong tricks to overpower others. These problems are very serious as sometimes these can affect the working efficiency of an individual resulting in a comprehensive loss for the company at the mass level. Such practices definitely malign the working culture of the organization and can harm the reputation of the organization in the market.

Several other similar ethical issues are as follows-