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Homework answers / question archive / PLEASE RESPOND thoughtfully and throughly to EACH post in 100 words or more

PLEASE RESPOND thoughtfully and throughly to EACH post in 100 words or more

Finance

PLEASE RESPOND thoughtfully and throughly to EACH post in 100 words or more. There are 3 posts. Must be complete by 5 PM PST with no plagarism. Your responses to fellow students should contain substance, should be more than just opinion, and must go beyond a simple agreement or disagreement.

RESPOND TO THE FOLLOWING POSTS:

Original post for response-

Companies tend to ignore unethical behavior because they have spent too much time and money in ethics training. There are goals that reward unethical behavior to best benefit the company which causes unethical behavior hard to break away from. Conflicts of interest seem to play a large role. It tends to motivate people to ignore bad behavior when they have something to lose by recognizing it. This is where unethical behavior cripples the work place. Individuals are blinded by their behavior because it is in their best interest to remain ignorant about what it really taking place. (Bazerman & Tenbrunsel, 2001)

     Conflict of interest is a where a person or a firm is involved in decision making of a company such as rights of employees, methods of production, communications skills among others. (Yoo, Woo & Yang, 2016). In many organizations today, conflicts of interest arise in areas like where someone he/she may employ their relatives or friends which are nepotism, create a conflict between the employer and the employee. Whereby the organization feels the urge to hire the person with more qualifications, but the employee prefers to hire their families or friends to do them a favor which can be unethical behavior. (Han & Lee, 2015)

     In other situations where we have seen friends or people doing the business receiving gift goods which may be branding, transportation, containerizations among others from individuals or enterprises doing business with the company. Such an act has created monopoly forcing many firms out of business because they cannot be able to compete with other companies because of the unhealthy competition, this also causes unethical behavior because they company has their best interests in mind with no regards to anyone else.

     Are these types of conflicts avoidable? Yes, if only the manager, coworkers, supervisors, workers, the staff and customers can stop manipulating, arguing and have a common ground of making the wise decision that governs the whole company such as increase of salaries or modern method of production among others. These ideas will place the needs of its employees as the first priority before considering factors such as profit merge as a growth of the company or making any other unethical decisions that best suit the company only.

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