In: Finance
Examine how the concept of Ethics is treated in the organisation you are working or one to which you are familiar. Discuss and support with examples ethical issues arising in at least three functional areas of the organisation
Ethical concepts are really important for any organization as this satisfies basic human needs, employee desires and allows the organisation to follow fair principles and methodologies for longer sustenance. So there are sets of rules and regulations which has to be followed by every employee and stakeholders of the company know as code of conduct also. Management also takes care of employees by having different policies like corporate health insurance, provident fund facility, appraisal evaluation by both senior and team members, councillor for employees and strict actions or penalties for sexual assaults in workplace.
Real-life examples where challenges are faced