Ethical issues in stock management

When we talk about moral violations, we are thinking about leadership or some Wall Street bomber, and we rarely notice that it is more common in the lower part of the work than the glass tower. Ethical violations of stock management have been committed by:

1. Clients or prospective customers knew that they provided inaccurate information about pricing of storage or other services and inventory status. because you have a friend who works for a discounted seller or a potential financial benefit

3.Repair of damaged products from the shipment

4.Managing inventory data and levels the customer questions the inventory level or the management has the stock statuses asks

5. Slow downtime for overtime

6. Preferential Treatment for Employees for Future Profits and Friendship for Some Workers

These are just a few examples, and I'm sure that if you closely monitor your body, you can still find a lot of things. Why do these violations of ethical rules occur? One of the reasons for this is the lack of a code of ethics. The Code of Ethics is a specific set of professional behavior and values ​​that employees need to know and comply, including confidentiality, accuracy, privacy and integrity. Large organizations have codes of ethics but violate rules because standards are not enforced or management feels that the infringement does not deserve their time.

Middle-sized organizations do not have ethical programs because they do not know how to develop one, not important to them, or too costly for finance and labor.

Enron and Goldman Sachs are a good example of why ethics code is important. In the business world, the point is that you are earning money and there is nothing wrong with it, but when you consume your organization and you are approaching it at any cost, then the problem is when the problem is reached and people can do everything ethical or they are unethical to make money.

The Code of Ethics limits human beings to acceptable levels for people's behavior and business practices. Reality in the business world lies in the fact that profits are reigning and as long as shareholders are happy and full employment in companies does not seem to be careless and ethics will rest on everything else.

Morality in business and the financial affairs of secular ethics is still more important than before. Journalists look forward to the next business scandal with enthusiastic eyes and reveal all the stones to reveal it after releasing it. Traveling and Working in Asia I found that Asian culture is less susceptible to business activity, not care about it, it does not consume all the awakening moments and is not judged quickly as Western nations [19659002] With fair principles and Ethics is not less profitable than working in an unethical way. LeClair, Ferrell and Fraedrich, in their books Integrity Management (1998), described five well-known successful companies that invested in organizational resources and produced profits and operated ethically as follows:

1. Hershey Foods

2. Home Depot

3. Waste Management

The old myth and says "not personal, just business" is as empty as it is now. Business is personal, especially when it takes time to have a business relationship with manufacturers and customers at the point where you trust and act unethically, and will surely destroy your trust in your product or service and make it almost impossible it. regain.

Source by sbobet

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