Thursday, June 20, 2019
LEGAL ISSUES FOR MANAGERS - ethics assessment Essay
LEGAL ISSUES FOR MANAGERS - ethics assessment - Essay Examplerohibits the friendship employees from accepting gifts from anyone who deals with the company and whose influence can benefit showly or indirectly the donor. Jessicas acceptance of the paid holiday trip from a guest is against the provision of the code to avoid a conflict of interest.3.In dealing with the uncles company Jessica should avoid any further direct dealing with the company. She should let some(prenominal) other company employee who has no relation with the owner of the company do the transactions. In compliance with the prohibition of clause 3, gun clause (a), the cutting of direct business dealings with the uncles company is essential to avoid conflict of interest. On the issue of accepting gifts from companies or individuals, according to prohibition by clause 3, sub clause (d), Jessica should decline the paid holiday offer. The offer compromises the interest of the employee and ends up in a conflict of in terest. Clause 6 provides that the company seek to transcend its competitors in an honest and fair way. The plan for the exchange of a competitors plan is against this provision and Jessica should not pay the requisite amount for the plans and dismiss the offer advances altogether.4.The latent breach concerns the requirement that the company demands honest and accurate information as regarding accounting procedures. The accounting records should reflect accurate and authentic information that are in conformity with the companys internal audit, accounting and legal requirements. Clause 7 prohibits the maintaining of undisclosed records by the company as done by the read/write head financial officer and the internal auditors. The action James should take is to report the matter to the senior ethics officer as provided for by clause 8.5.The web site in south Africa where Jessica noticed children working in the factory are against paragraph 6 of the Norms of the Responsibilities of Transnational Corporations and Other Business Enterprise with Regard to
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