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.

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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.

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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-