Ethics

Ethics

Introduction

Code of ethics could be described as the set of rules anticipated to set acceptable behaviors in any organization. It is used to keep the standards in the society, as it then further aids in retaining the company standards. Several big organizations have Corporate Ethics Officers, who sustain the culture of the organization by setting code of ethics which all members of the company have to follow strictly (Ferrell, 2009).

The foremost ethical standard of an organization is to endure, in order to optimize the long run worth of the firm to its owners. Without endurance, the focus of enterprise ethics becomes inappropriate. It can therefore only be achieved by focusing on earning, by being a good business civilian, by developing alternatives that benefit clients and other stakeholders, and by performing commonplace decency and construction believe through sincerity and justice (Corey, 2010).

Code of conduct refers to actions and behaviors that are a part of every organization. These codes are important to provide a necessary direction to the employees in order to set a behavioral expectation for them. The analysis of these codes is vital in providing the students a large amount of awareness related to their overall application. The organization's code of conduct is a major way to enforce discipline in the organization

Discussion

The Code of Ethical Conduct offers conceptual elements that help correctly interpret and evaluate actions, situations, structures and means to facilitate the most appropriate decisions for the good common enterprise and society (Hepworth, 2009). Few of the case examples for unethical incidences dealing with contracts, and taking place within an organization are as follows.

Case 1

In the story "Toxic Pharmacist”, in "The New York Times", writer Robert Draper tells the case of Robert Courtney, who was a pharmacist at Research Medical Tower Pharmacy. He was condemned in 2002 of diluting and selling cancer drugs to his customers. Courtney, who confessed to diluting the drugs of hundreds and thousands of patients over a period of nine years, and continuing to deceive the patients even after affecting nearly $20 million of the population, was verdict to 30 years in prison. The misconduct as obvious has been of selling cancer drugs to his customers, knowing the consequences and effects of such an activity.

The policies and procedures or code of ethics in no way supports the activity of this individual, as he was completely aware of his actions and performed this brutal activity in his consciousness. Considering the law and policies of the government he was sentenced to 30 years in prison. On interrogating the person for his actions, he had nothing to say and was not even aware why he was involved in such an action. His particular involvement in the activity did not resulted in any increase in his sales, and did not even benefit him financially to a great extent. The involvement was perceived for some other reason, which was not revealed by the culprit till the last moment. He agreed on doing the business and selling cancer drugs for ...