Question

In: Accounting

Woolworths has done a lot of unethical work on his employees with underpayment fraud. What do...

Woolworths has done a lot of unethical work on his employees with underpayment fraud. What do you think Woolworths can do to regain his reputation? because due to this Woolworths is at risk of losing their customers to competitive businesses.(200-300)

Solutions

Expert Solution

Woolworths can do the following to regain its reputation-

1. Accepting their mistakes- The first thing the management of Woolworths can do is to accept their mistake. The management should publically accept that they had done wrong with their employees. They should apologise to the employees as well as their customers for their unethical act.

2. Payment of money due - The management after apologizing to employees and customers must pay the amount due to each employee. The payment can be paid immediately to the employees.

3. Not to do again - The management should not do this unethical practice again in near future. The management give assurance to their customers and employees not to do it again.

4. Recruitment of employees - The management should recruit the employees who leaves the employment due to this unethical behaviour of the management.

5. Payment of bonus - The management should pay bonus to employees to whom they had done fraud by unethical practice.


Related Solutions

3.) The US navy has done a lot of research on the optimal time for a...
3.) The US navy has done a lot of research on the optimal time for a scuba diver to be on the bottom of the ocean. The Navy defines the optimal time to be the time at each depth for the best balance between length of work period and decompression time after surfacing. Let x = depth of dive in meters and y = optimal time in hours. A random sample of divers gave the following data (based on information...
The US navy has done a lot of research on the optimal time for a scuba...
The US navy has done a lot of research on the optimal time for a scuba diver to be on the bottom of the ocean.  The Navy defines the optimal time to be the time at each depth for the best balance between length of work period and decompression time after surfacing.  Let x = depth of dive in meters and y = optimal time in hours.  A random sample of divers gave the following data (based on information taken from Medical Physiology...
Jeff Bezos -Amazon What has he done with his wealth? What is his approximate net worth?...
Jeff Bezos -Amazon What has he done with his wealth? What is his approximate net worth? Where does he rank among the world’s richest people? Any other “fun facts” that you find interesting
Bob had his blood work done, and his AST and ALT levels were high. His AST...
Bob had his blood work done, and his AST and ALT levels were high. His AST was higher than his ALT. What condition might cause these enzymes to be elevated in that manner?
What can a consumer do if they experience an unethical business?
What can a consumer do if they experience an unethical business?
What can be done to promote ethical behavior in organizations/reduce unethical behavior? How can there be...
What can be done to promote ethical behavior in organizations/reduce unethical behavior? How can there be a level playing field if we are forbidden to pay bribes to compete internationally?
A lot of research has been done about the importance of exposing children to classical music...
A lot of research has been done about the importance of exposing children to classical music because it causes their cerebellum to be larger. In terms of academia, I think for some people listening to music will make a difference in the test scores, however, I also wonder if the type of music will impact the results not just the volume. If you were to actually conduct this study, which research design would you use?
Are jobs that allow/encourage employees to work from home more subject to payroll fraud? How can...
Are jobs that allow/encourage employees to work from home more subject to payroll fraud? How can they insert appropriate control?
What role can technology play in allowing employees to work at home? Do you believe that...
What role can technology play in allowing employees to work at home? Do you believe that Interaction using technology can replace interpersonal face to face interactions between employees or between employees and their manager?
What has the Nobel winner North C. Douglas done to receive his Nobel prize?
What has the Nobel winner North C. Douglas done to receive his Nobel prize?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT