Ethical And Legal Issues


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MBA-TM academic presentation. Trans + references. Overview of ethical issues at a fictitious company.

Published in: Business, Economy & Finance

Ethical And Legal Issues

  1. 1. Ethical and Legal Issues Facing GreatestColas Piecing Together an Effective Action Plan for Success by Mark Carlson
  2. 2. Introduction <ul><li>Ethics is a critical aspect of GreatestColas </li></ul><ul><li>Legal issues are becoming more common </li></ul><ul><li>Cultural differences compound the problem </li></ul>
  3. 3. Ethical Issues <ul><li>Employee Issues </li></ul><ul><li>Hiring Practices </li></ul><ul><li>Cultural Differences </li></ul><ul><li>Business Direction </li></ul>
  4. 4. Legal Issues <ul><li>Financial </li></ul><ul><li>Discrimination </li></ul><ul><li>Bribery </li></ul><ul><li>Safety </li></ul>
  5. 5. What Does this mean to GreatestColas? <ul><li>Increased staffing problems </li></ul><ul><li>Future legal issues </li></ul><ul><li>Loss of business integrity </li></ul>
  6. 6. What Can be Done at GreatestColas? <ul><li>Establish Corporate Social Responsibility (CSR) </li></ul>
  7. 7. Action Plan <ul><li>Define a common ethical theory model </li></ul><ul><li>Establish a corporate ethics program </li></ul>
  8. 8. Implementation Plan <ul><li>Gather management feedback </li></ul><ul><li>Define and establish the corporate ethic policies </li></ul><ul><li>Train managers in the corporate ethics program </li></ul><ul><li>Increase ethical awareness in European operations </li></ul><ul><li>Increase employee relations in U.S. operations </li></ul><ul><li>Execution of corporate ethic policies </li></ul><ul><li>Follow up for manager and employee compliance </li></ul>
  9. 9. Conclusion <ul><li>The time to change is now. </li></ul>
  10. 10. References <ul><li>Colorado Technical University Online. (2007). Course materials: MGM670-0704A-01 : Legal and ethical decision-making. Retrieved October 17, 2007, from = 42&uid=65468&HeaderText=Course Materials: MGM670-0704A-01 : Legal and Ethical Decision-Making </li></ul><ul><li>Ethics Resource Center. (2007) Reflecting on the ERC Fellows’’program’s 10 years . Retrieved October 17, 2007, from </li></ul><ul><li>Szwajkowski, E. W. (1986). The myths and realities of research in organizational misconduct. Research in Corporate Social Performance and Policy, 9, 102-122. Greenwich CT: JAI Press. </li></ul><ul><li>United States Department of Justice. (2004). Anti-bribery and books and records provisions of the Foreign Corrupt Practices Act. Retrieved October 17, 2007, from </li></ul><ul><li>U.S. Department of Labor. (2007). The Occupational Safety and Health (OSH) Act . Retrieved October 17, 2007, from </li></ul><ul><li>U.S. Equal Employment Opportunity Commission. (2007). Federal laws prohibiting job discrimination questions and answers . Retrieved October 17, 2007, from </li></ul>