Business Ethics Current Event Article Example | Topics and Well Written Essays - 250 words - 1

Business Ethics Current Event - Article Exampleng the extent and nature of wrongdoing, anonymous incident reporting, assessment of social media reputation, employee surveys, group discussion, tone of trouble communication, exit interviews, facility interviews, customer complaints, and interviews and focus groups. Tone at the go along creates the basis for a culture that motivates confidence and trust among all the key stakeholders of the company (Epps, 2012).The information from the event is related to what was discussed in the class. Strategic management of individuals at the top is crucial for the success of the company. When measuring performance, the top management should be able to distinguish between the different divisions of a company. It is important to put down that managers usually perform well despite the poor performance of a business unit due to factors that beyond the control of the manager (Maher, Stickney, and Weil, 2012). Legal and honourable compliance is cruci al in developing the social responsibility image of the company. Legal compliance entails the extent to which the company conforms to a number of laws such as the state, federal, local, and international laws. On the other hand, ethical compliance relates to the level to which the members of the company follow the general legal and ethical standards of behavior (Griffin, 2011).In conclusion, the tone of the top management is important in determining companys success. It also determines how the company complies with various programs. Thus, it is important to develop ways through and through the tone at the top can be assessed. As stated before, the compliance professionals can assist each other in evaluating the tone at the top through various methods. For instance, methods such as anonymous incident reporting, assessment of social media reputation, employee surveys, group discussion, tone of management communication, and exit interviews. Thus, the information from the event is relat ed to both(prenominal) of the topics discussed in the class such as strategic top