Business Ethics Assignment Example | Topics and Well Written Essays - 750 words

Business Ethics - Assignment ExampleAt allow for employment nates be defined as genius in which the employee is free to quit from the transmission line at any given point of time and the employer as salutary is free to terminate an employee for any reason at any given point of time except that the reason for termination cannot be an illegal one such as retaliation, discrimination and violation of public policy. Thus an employer does have any legal obligation as such to an employee prior to termination. At will employee may get terminated even for the most whimsical reasons, overly an employer is free to change the employment terms such as compensation and job responsibility at his will. At will employees employment is held as a voluntary action and under such an employment, the employee cannot be forced to organise and an employer cannot employ them for an indefinite time (DelPo & Guerin, p. 34). However, there is a difference between legal and ethical obligations. Although le gally an employer might not have an obligation towards his at will employee but ethically he might have as it is related to the morality of that person. However, since every person has his or her own sense of moral philosophy therefore, it is hard to define what set of ethical obligation does an employer will have for his employee under at will employment. Set forth a policy concerning fancy in the workplace It is necessary for an organization to issue policies for couples in work place. In order to protect against claims of nepotism, favoritism and sexual harassment, organization must get hitched with policies on workplace dating. These policies stipulate the types of intimate human kinds which are acceptable in the workplace and also mention those which are not and violate the office decorum. nearly organizations provide clear code of conduct guidelines to its employees which are expected to be followed at work place. The guidelines pertain to display of affection in public and also disclosure of relationship to the management. The violation of the guidelines of workplace dating policy by couples can pose a serious threat to the employee involved. Organization can go for sluttish counseling to formal interventions such as transfers, written warnings and also termination. According to Karl and Sutton employers favor a stricter policy when performance of couples suffers or the romance becomes discernible to all the members. Also management should not take any action when a couples performance does not suffer due to the relationship or rather shows improvement. In absence of formal work place romance policy, it is the duty of the manager to keep his eyes open so that the relationship or the romance does not hamper the general workflow. The dating policies vary from one organization to another thus it is necessary for employees to familiarize with both informal and written policies (Waldron & Kassing, p.120). Define insider affair. Discuss whether insid er trading is ethical. Insider trading is defined as a term that is used when a person is involved in insider trading if he purchases or sells the stocks in public company which is based on non public cultivation about a particular company. The information that is gained by subject matter of unfair advantage makes the trading unethical. But not all kinds of insider trading are illegal (Emanuel & Emanuel, p.253). A huge amount of quantitative and qualitative information exists in the markets which are an important part of free market system and thus it can be said that insider trading i