How to Establish an Ethical Environment in the Company

Topic category: Business

Paper instructions:
How to Establish an Ethical Environment in the Company
Dear Students,
It is very important to promote for Business Ethics in our companies and society, because it will help managers and employees to behave ethically and avoid breaking the law. That will create a perfect environment to run different businesses within the limit of law.
Many studies show that the lack of business ethics was a major factor in the recent financial crisis that shifted across the world, starting in 2008. During this crisis, many top managers were trying to get more wealth and profit by making unethical deals and business transaction, leading to massive number of lay off in work force and huge debt for their companies, or even bankruptcy.
Based on the information that we discussed in Chapter 2: The Ethical Basis of Law and Business Management, write two pages (between 700 and 800 words only) about two practices of your choice that could help to create a strong ethical foundation in the business domain (for any company).
Explain (1) why you choose those two practices, (2) how you will implement them (or enforce them), (3) what are their expected impact on the company and people.
Please use a clear language and be specific in your statement. You might look over the Internet and see how other companies are doing regarding this issue, but don’t copy. You need to write everything using your own words. All assignments will be checked for plagiarism.

– Create a policy for the firm that encourages good practices and give rewards for those who become a role model of good practices.
– Adopt industry ethical code, or building a specific ethical code for the company to address different ethical issues that might face workers. So workers can use them as a reference when needed.
– Encourage human resources department to make annual workshops and distribute guidebooks about ethical behavior inside the company.
– Encourage workers to come and talk with someone at human resources department, or any manager, to report any unethical behavior. And ensuring that all information will be confidential.
– Encourage the top managers to be a role model by making regular seminars for workers to promote best practices and how to handle different situations.
– Also, you can use Google to check how different companies are handling this issue.
Cover the following areas
(1) why you choose those two practices
(2) how you will implement them (or enforce them)
(3) what are their expected impact on the company and people
(4) clear language and the size between 700 and 800 words only
(5) It should be in APA Style

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