Question: This module addressed various ethical considerations for managers. Managers often contront difficult situations that test their moral and ethical standards. For this practical writing assignment,

This module addressed various ethical
This module addressed various ethical
This module addressed various ethical considerations for managers. Managers often contront difficult situations that test their moral and ethical standards. For this practical writing assignment, you will work through three real-world ethical scenarios and demonstrate ethical management practices. Case 1: You work as a Finance Manager in an organization of over 1,000 employees. Your CEO emailed all employees last week and stated that, due to budget constraints, nobody will receive annual cost-of-living increases or bonuses this year. Today, while processing payroll, you noticed that all top-level executives (CEO, COO, CFO, and 10 Directors) received substantial pay increases on the same day that the CEO emailed about budget constraints. You wonder why only a small group received a raise, especially considering your CEO's recent statement. Based on this conflicting information, you decide to verify the new salary amounts. Unfortunately, all parties who would normally provide such verification (i.e., the CEO, CFO, and HR Director) were part of the small group that received salary increases. You email your direct supervisor (the CFO) to verify the new salary amounts. She calls you immediately and confirms that the new salaries are correct. However, she declined to provide written verification in response to your email. Case 2: David accepted a position at Ridge Water University as Vice President of Finance and Administration. As part of his duties, David oversees the University's Purchasing Department and has ultimate decision authority over purchasing matters. David's oldest son, Jim, recently got a good job in educational equipment sales at Acme Computer Company in Fort Worth As Vice President, David saw an immediate need for 4-5 computers in his office. Although Ridge Water has a bidding policy requiring three quotes for purchases over $3,000, David purchased 5 computers directly from Acme Computer Company for $3,500 each, without seeking additional quotes. You work as a Purchasing Agent at Ridge Water University and noted that other suppliers (e.g., Dell, IBM) offered this same computer at a much lower cost per unit ($2,000 - $2,500). You noticed Jim handled the sale and overheard David speaking to his son on the phone about the sizable commission" that he (Jim) will receive from this deal . As part of the University System's requirements, the Finance Department immediately publishes all purchases on the internet for public review. Within hours, the local computer dealer (Ideal Computing) called objecting to the purchase with Acme. They are a long-time supplier for Ridge Water University Case 3: Today is the day before the winter break. You are an Operations Manager at a medium-sized company and are working to finish up your tasks before leaving for a well-earned vacation. The 15 workers that you supervise began their winter break yesterday. They will not return until after New Year's. Just as you are finishing your last task, David Wallace, the Chief Financial Officer approaches you. "I know this is really bad timing, but it has to be done." David began. "I've just left an executive meeting. We have to lay off some people early next year. I'm afraid the ax has come down on your unit. By the end of January everyone will have to be laid off. We'll have to transfer you to another division. We don't want to ruin anyone's holidays. Let's delay Case 3: Today is the day before the winter break. You are an Operations Manager at a medium-sized company and are working to finish up your tasks before leaving for a well-earned vacation. The 15 workers that you supervise began their winter break yesterday. They will not return until after New Year's. Just as you are finishing your last task, David Wallace, the Chief Financial Officer approaches you. "I know this is really bad timing, but it has to be done." David began. "Tve just left an executive meeting. We have to lay off some people early next year. I'm afraid the ax has come down on your unit. By the end of January everyone will have to be laid off. We'll have to transfer you to another division. We don't want to ruin anyone's holidays. Let's delay notifying any employees until they retum from their winter break." That evening, you join your team for an annual holiday party. Shelly, a long-time team member and friend, approaches you at the party. She informs you that she's planning a Europoan vacation with her husband and that today is the final day to book the trip with a $750 non-refundable deposit. She is bearing with excitement. You've worked with Shelly for 15 years and know this trip is a long-time dream of hers. She asks you if she can take some time off in February for her trip. Instructions: For this assignment, please address the following questions for all three scenarios: 1. What ethical violations, if any, occurred in this scenario? Explain. 2. What are your next steps? Justify why your response is appropriate based on the circumstances described in the scenario. 3. What other information might help you make a more informed decision in this scenario? How would you collect this information? Please submit your responses to all questions as a single Microsoft Word document. Please keep the word count for your assignment between 750 and 1000 words

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!