Question

In: Operations Management

Evaluate the ethical behavior ofManny. Should Manny have called Todd in the first place? Would...

Evaluate the ethical behavior of Manny. Should Manny have called Todd in the first place? Would there have been any problems if Todd had agreed to meet the lower bid price? Identify the parts of the Statement of Ethical Professional Practice (Chapter 1) that Manny may be violating, if any.


Solutions

Expert Solution

The statement that Manny would normally have taken the first bid without hesitation implies that the bid met all of the formal requirements outlined by the company. If Manny’s friend had met the bid as requested, then presumably Manny would have offered the business to his friend. The motive for this was friendship and possibly carried with it past experience in dealing with Todd’s company. Perhaps there was some uncertainty in Manny’s mind about the low bidder’s ability to execute the requirements of the bid, especially since the winning bid was from out of state.

If there was some legitimate concern about the winning bid and Manny was hopeful of eliminating this concern by dealing with a known quantity, then it could be argued that the call to Todd was justifiable. If, on the other hand, the only motive was friendship and Manny was confident that the winning bid could execute (as he appears to have been), then the call was improper. Confidentiality and integrity in carrying out the firm’s bidding policies are essential.

The fact that Manny was tempted by Todd’s enticements and appeared to be leaning toward accepting Todd’s original offer compounds the difficulty of the issue. If Manny actually accepts Todd’s offer and grants the business at the original price and accepts the gifts, then his behavior is unquestionably unethical. Some of the IMA’s standards of ethical conduct that would be violated are listed below:

Confidentiality

1. Keep information confidential except when disclosure is authorized or legally required.

2. Refrain from using confidential information for unethical or illegal advantage.

Integrity

3.Refrain from engaging in any conduct that would prejudice carrying out duties ethically.


Related Solutions

Could internal controls have been utilized to produce more ethical behavior? Would a plan by corporate...
Could internal controls have been utilized to produce more ethical behavior? Would a plan by corporate governance be an appropriate vehicle for delivering these internal controls to encourage ethical behavior? Discuss. 500 words
Task 1 It is important that an auditor should comply with fundamental principles and ethical behavior...
Task 1 It is important that an auditor should comply with fundamental principles and ethical behavior while accepting and conducting an audit. Explain fundamental principles and ethical conduct that auditors should always maintain with their clients. Task 2 Why audit planning is an important audit function? Explain how Peter & Co is lagging in planning of the stated audits? Task 3 Discuss the conduct of Mr. George in his profession as an auditor. State clearly whether he fulfilled the necessary...
What should employees do and not do? What behavior is ethical and unethical? These questions refer...
What should employees do and not do? What behavior is ethical and unethical? These questions refer to measures of performance in the area of ______. a. time b. quantity c. behavior d. quality What is the level of contributions expected of employees? How many units should employees produce to earn their pay? These questions refer to measures of performance in the area of ______. a. quantity b. cost c. time d. quality Preliminary, concurrent, rework, and damage controls are analogous...
Firms with a reputation for ethical behavior in strategic alliances are likely to have more opportunities...
Firms with a reputation for ethical behavior in strategic alliances are likely to have more opportunities to form cooperative strategies than will companies that have not earned this reputation. What actions can firms take to earn a reputation for behaving ethically as a strategic alliance partner?
Evaluate the ethical characteristics that the candidate for the position must have. As a Real Estate...
Evaluate the ethical characteristics that the candidate for the position must have. As a Real Estate Agent.
Why are people having guns in the first place if they are illegal? This would leave...
Why are people having guns in the first place if they are illegal? This would leave people with less guns available to them and in my opinion decrease the amount of violence and increase the amount of safety for the people. Would you agree?
Create a method on the Iterator class called forEach, which appropriate behavior. This method should use...
Create a method on the Iterator class called forEach, which appropriate behavior. This method should use next(), and should not use this._array.forEach! Take note of what should happen if you call forEach twice on the same Iterator instance. The estimated output is commented below In javascript please class Iterator { constructor(arr){ this[Symbol.iterator] = () => this this._array = arr this.index = 0 } next(){ const done = this.index >= this._array.length const value = this._array[this.index++] return {done, value} } //YOUR WORK...
183. The nurse is caring for assigned clients. The nurse should first evaluate the equipment of...
183. The nurse is caring for assigned clients. The nurse should first evaluate the equipment of a client who has 1.a patient-controlled analgesia (PCA) device and reports that the medication is not received each time that the button on the pump is activated. 2.a pulse oximeter sensor attached to the finger and reports that the numbers on the pulse oximeter screen change every few seconds. 3.a nasogastric (NG) tube connected to low, intermittent suction and reports that bubbles appear in...
Place the following patients in order for which you would see first as they come in...
Place the following patients in order for which you would see first as they come in through the emergency department. Explain why you would see them in this order. A. A patient with myasthenia gravis experiencing eye droop B. A 65 year old man with a blood pressure of 140/80 C. A 30 year old type II diabetic with a BS of 250
1-Passed on what the PEO did for David ,how would you evaluate the PEO on ethical...
1-Passed on what the PEO did for David ,how would you evaluate the PEO on ethical principles of respect,service,justice, honesty,and community. 2-How would you assess the ethics of the PEO if you were david?if you were among the PEO management? If you were the salesperson? If you were a member of the printing community?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT