The Dynamics of Business Ethics Article Example | Topics and Well Written Essays - 1250 words

The Dynamics of Business Ethics - Article ExampleThe fine was oblige by the Financial Reporting Council (FRC) and is considered as one of the badst fine imposed in accounting history (Rankin, 2013). RELEVANCE How does this relate to the class materials? A large amount of fine was imposed on Deloitte because it failed to adhere to the accounting policies and breached ethical accounting standards when it had advised the above-mentioned companies for a merger, which led to the catastrophic outcome (Leake, 2013). reflection What are my thoughts and opinions regarding this article or report? As per my opinion, the management not only failed to identify potential conflicts but also failed to adhere to the ethical corporeal standards. UNIT Article 2 ( Marta Steeman, 27 June 2013, 8000 painters under Ecan scrutiny, Source Business Day). DESCRIPTION In June 2013, the management of Environment Canterbury (ECan) imposed restrictions on the paintings of 8000 painters in Christchurch (Steeman , 2013). It was observed that the painters were using illegal disposal paint that had the potentiality of polluting and harming the environment (Steeman, 2013). Ecan has requested the paint companies to use paints, which are relevant to the quality requirements of the Environmental Regulation function (Steeman, 2013). RELEVANCE The paint companies have been requested to use environmentally friendly paints which can be discharged directly into the wastewater without hampering or blocking the metropolis drainage system (Steeman, 2013). Ecan has also started a nationwide anti wash campaign to prevent the paint companies using illegal paints (Steeman, 2013). REFLECTION As per the come upon issued by Ecan, paint companies are requested to carry the trade license for purchase of containers of paints which are environment-friendly and come in between the range of $200- $ 4500. As per my opinion, in that respect is a huge interrelationship between personal and organizational ethics. The alignment between the two goals is necessary for the productivity of the organizations (Svensson and Wood, 2003). The employees failed to follow the ethical standards of the company. Article 3 ( Juliette Garside, 31 May 2013, Leaked Europe probes Apple overexploitation of supple networks, Source The Guardian) DESCRIPTION The European Commission is investigating whether Apple Inc has performed unfair meaning and methods to the mobile network companies that sell its phones. Although the management claims that it has complied with the local laws and regulations, the papers shown by the European commission reflect that the company has been using unfair means for yielding profitability. The European Commission is investigating the matter related to Apple Smartphones (Garside, 2013). RELEVANCE Although the management of Apple claims that is has complied with the local laws and regulations to continue its business operations, European Commission has shown papers which reap the leaked a llegations with the signature of the regulatory authorities. REFLECTION As per my opinion, Apple Inc tried to gain a competitive advantage or profitability through unfair means or methods, which is really offensive.