Assignment title: Management
Ethics Essay
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Ethical theories kept simple!
Watch Video
Ethical theories kept simple!
User: n/a - Added: 11/09/14
Your assessment is about the decision made by an individual.
This video should help you to understand more ethical frameworks or
theories. It refers to an examination that is not relative to your
assessment. However it will help you to know how to apply them.
Theories in Academic Writing
Description: This
presentation gives a brief look at the use of theoretical frameworks and
models in academic writing. It will be useful for your ethics
assignment
Duration: 0:16:20
https://www.youtube.com/watch?v=Z7pnuZod8Cg
https://flashstream1.jcu.edu.au/camrelay/Sue_Ciccotosto/Theories_in_Academic_
Writing/Theories_in_Academic_Writing_-_20160304_105146_5.html
https://flashstream1.jcu.edu.au/camrelay/Sue_Ciccotosto/Theories_in_Academic_
Writing/Theories_in_Academic_Writing_-_20160304_105146_10.mp3
https://flashstream1.jcu.edu.au/camrelay/Sue_Ciccotosto/Theories_in_Academic_
Writing/Theories_in_Academic_Writing_-_20160304_105146_11.mp4
Ethics Essay
Attached Files:
Ethics assignment scenario (18.357 KB)
Dear Students,
The Ethics essay scenario is attached
to this submission site. Please remember to look at the requirements for
this assessment piece included in your Subject Outline on page 7. Also
note that you will be marked online and using the rubric that you find in
your Subject Outline on page 14. Your chosen ethical frame work
should support your final decision. Remember that businesses do not
make decisions, people do. There is a template of the
CODE OF ETHICS AND CONDUCT FOR DIRECTORS
The Board has adopted a Code of Conduct for Directors to promote ethical and responsible decision-
making by the Directors. The code is based on a code of conduct for Directors prepared by the
Australian Institute of Company Directors.
The principles of the code are:
A director must act honestly, in good faith and in the best interests of the company as a
whole.
A director has a duty to use due care and diligence in fulfilling the functions of office and
exercising the
powers attached to that office.
A director must use the powers of office for a proper purpose, in the best interests of the
company as
a whole.
A director must recognise that the primary responsibility is to the Company's
shareholders as a whole
but should, where appropriate, have regard for the interest of all stakeholders of the
company.
A director must not make improper use of information acquired as a director.
A director must not take improper advantage of the position of director.
A director must not allow personal interests, or the interests of any associated person, to
conflict with
the interests of the company.
A director has an obligation to be independent in judgment and actions and to take all
reasonable
steps to be satisfied as to the soundness of all decisions taken as a Board.
Confidential information received by a director in the course of the exercise of directorial
duties
remains the property of the Company and it is improper to disclose it, or allow it to be
disclosed,
unless that disclosure has been authorised by the Company, or is required by law.
A director should not engage in conduct likely to bring discredit upon the company.
A director has an obligation at all times, to comply with the spirit, as well as the letter of
the law and
with the principles of the Code.
The principles are supported by guidelines as set out by the Australian Institute of Company
Directors for their interpretation. Directors are also obliged to comply with the Company's
Code of Ethics and Conduct, as outlined below.
CODE OF ETHICS AND CONDUCT
The Company has implemented a Code of Ethics and Conduct, which provides guidelines
aimed at maintaining high ethical standards, corporate behavior and accountability within the
Company.
All directors are expected to:
respect the law and act in accordance with it;
respect confidentiality and not misuse company information, assets or facilities;
value and maintain professionalism;
avoid real or perceived conflicts of interest
act in the best interests of shareholders;
by their actions contribute to the company's reputation as a good corporate citizen which
seeks to
respect the community and environment in which it operates;
perform their duties in ways that minimise environmental impacts and maximise
workplace safety;
exercise fairness, courtesy, respect, consideration and sensitivity in all dealings within
their workplace
and with customers, suppliers and the public generally; and
act with honesty, integrity, decency and responsibility at all times.
Any Director who breaches the Code of Ethics and Conduct may face disciplinary action. If an
employee suspects that a breach of the Code of Ethics and Conduct has occurred or will occur, he or
she must report that breach to management. No employee will be disadvantaged or prejudiced if he
or she reports in good faith any such suspected breach. All reports will be acted upon and kept
confidential.
______________________
Peter Swiridiuk Managing Director
21 September 2007
Reviewed, amended and adopted at Board Meeting held 16.9.09 Reviewed and adopted at Board Meeting held 13.05.10
Reviewed and adopted at Board Meeting held 10.05.11 Reviewed at Board Meeting held 31.08.12
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Responsibilities of Directors and Executive Officers
The Board of Directors of Johnson & Johnson has adopted this Code of Business Conduct & Ethics
for the members of the Board of Directors and the Executive Officers (as defined under the
regulations of the Securities and Exchange Commission) of the Company.
Each Director and Executive Officer shall be responsible for complying with this Code. Executive
Officers of the Company must comply with the Johnson & Johnson Policy on Business Conduct also.
If any Director or Executive Officer believes that a prohibited act under this Code has occurred, then
he or she shall promptly report such belief to the Chairman of the Board, the Lead Director and the
General Counsel. While this is the preferred reporting procedure, any Director or Executive Officer
should feel free to report any such alleged prohibited act hereunder to the Chairman of the Audit
Committee or the Chairman of the Nominating & Corporate Governance Committee.
The Board (or, at the discretion of the independent members of the Board, the Nominating &
Corporate Governance Committee) will review and investigate any such reported prohibited act,
without the participation of any Director who may be the subject of such report. If the Board
determines that any such act represents a violation under this Code, then appropriate remedial or
disciplinary action will be taken. The Company will disclose any such violation and the remedial or
disciplinary action taken, to the extent required by the Federal securities or other applicable laws. If
the Board determines that any such act represents a violation under this Code, but does not believe
that any remedial or disciplinary action is necessary or desirable (or if the Board agrees to waive
compliance with a provision of the Code on behalf of any Director or Executive Officer), then the
Company shall promptly disclose the violation or waiver and the Board's rationale for its decision.
Furthermore, the Company shall also disclose if the Board fails to investigate or take action within a
reasonable period of time after learning of any such alleged prohibited act under this Code.
All Directors and Executive Officers are expected to provide full assistance and disclosure to the
Board, the Company and its internal and external auditors in connection with any review of
compliance with this Code.
1. Conflicts of Interest
Every Director and Executive Officer has a duty to avoid business, financial or other direct or indirect
interests or relationships which conflict with the interests of the Company or which divide his or her
loyalty to the Company. A conflict or the appearance of a conflict of interest may arise in many ways.
Each Director and Executive Officer must deal at arm's length with the Company and should disclose
to the Chairman, Vice Chairman or Lead Director any conflict or any appearance of a conflict of
interest on his or her part. Any activity which even appears to present such a conflict must be avoided
or terminated unless, after such disclosure to the Board, it is determined that the activity is not harmful
to the Company or otherwise improper. The end result of the process of disclosure, discussion and
consultation may well be approval of certain relationships or transactions on the ground that, despite
appearances, they are not harmful to the Company. But all conflicts and appearances of conflicts of
interest are prohibited, even if they do not harm the Company, unless they have gone through this
process.
2. Conduct of Business and Fair Dealing
No Director or Executive Officer shall:
compete with the Company by providing service to a competitor as an employee, officer or director
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or in a similar capacity;
profit, or assist others to profit, from confidential information or business opportunities that are
available because of service to the Company;
improperly influence or attempt to influence any business transaction between the Company and
another entity in which a Director or Executive Officer has a direct or indirect financial interest or acts
as an employee, officer or director or in a similar capacity; or
take unfair advantage of any customer, supplier, competitor or other person through manipulation,
concealment, misrepresentation of material facts or other unfair-dealing practice.
3. Gifts
No Director or Executive Officer shall solicit or accept gifts, payments, loans, services or any form of
compensation from suppliers, customers, competitors or others seeking to do business with the
Company. Social amenities customarily associated with legitimate business relationships are
permissible. These include the usual forms of entertainment such as lunches or dinners as well as
occasional gifts of modest value. While it is difficult to define "customary," "modest" or "usual" by
stating a specific dollar amount, common sense should dictate what would be considered extravagant
or excessive. If a disinterested third party would be likely to infer that it affected the judgment of a
Director or Executive Officer, then it is too much. All business dealings must be on arm's-length terms
and free of any favorable treatment resulting from the personal interest of our Directors and Executive
Officers.
4. Compliance with Laws and Regulations
Consistent with our Credo and business philosophy, it is the policy of Johnson & Johnson to comply
with the laws of each country in which our companies do business. Each Director and Executive
Officer shall comply with all applicable laws, rules and regulations, and shall use all reasonable efforts
to oversee compliance by employees, other Directors and other Executive Officers with all applicable
laws, rules and regulations.
5. Use of Non-Public Information and Disclosure
A Director or Executive Officer who knows important information about the Company that has not
been disclosed to the public must keep such information confidential. It is a violation of United States
law to purchase or sell Johnson & Johnson stock on the basis of such important non-public
information. Directors and Executive Officers may not do so and may not provide such information to
others for that or any other purpose.
Directors and Executive Officers also may not buy or sell securities of any other company using
important non-public information obtained in the performance of their duties on behalf of the Company
and may not provide any such information so obtained to others.
Directors and Executive Officers shall maintain the confidentiality of any non-public information
learned in the performance of their duties on behalf of the Company, except when disclosure is
authorized or legally mandated.
6. Use of Company Funds, Assets and Information
Each Director and Executive Officer shall protect the Company's funds, assets and information and
shall not use the Company funds, assets or information to pursue personal opportunities or gain.
No Company funds, assets or information shall be used for any unlawful purpose.
No undisclosed or unrecorded fund or asset shall be established for any purpose.
No false or artificial entries shall be made in the books and records of the Company for any reason,
and no Director or Executive Officer shall engage in any arrangement that results in such prohibited
act.
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Certificate of Compliance With the Johnson & Johnson Code of Business Conduct &
Ethics For Members of the Board of Directors And Executive Officers
Each year each Executive Officer and Director must sign the following certificate of compliance with
the Code of Business Conduct & Ethics for Members of the Board of Directors and Executive Officers.
I HEREBY CERTIFY:
1. I have read and I understand the above-captioned Code of Business Conduct & Ethics.
2. Except as described below, all of the Directors and Executive Officers of Johnson & Johnson, to
the best of my knowledge and good-faith belief, complied with the Code at all times during the fiscal
year indicated above.
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Legal Notice. You should view the News section and the most recent SEC Filings in the Investor section in order to receive the most current
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All contents © Copyright Johnson & Johnson Services, Inc. 1997-2014. All Rights Reserved.
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Business Ethics and
Compliance in the
Sarbanes-Oxley Era
A Survey by Deloitte and Corporate Board Member
Magazine
Methodology
The ethics and compliance survey was jointly conducted by Deloitte and Corporate Board Member magazine in
late July 2003. A detailed questionnaire was sent to 5,000 directors of the top 4,000 publicly traded companies. A
7.5% response rate was achieved, with 373 questionnaires returned.
Disclaimer
Although the ethics and compliance survey was conducted joint- ly, the comments, opinions, and interpretations
contained in this document are solely those of Deloitte and do not necessarily reflect the viewpoints of Corporate
Board Member magazine.
Corporate ethics is taking on increased prominence at U.S. companies, according to a recent survey by Deloitte
and Corporate Board Member magazine. Eighty-three percent of companies surveyed have developed formal
codes of ethics or conduct. And more than 98 percent of survey participants agree that an ethics and compliance
program is an essential component of corporate governance.
These findings should come as no surprise, given the heightened attention paid to corporate ethics over the last
couple of years, as well as the business imperative to strengthen ethics programs in response to Sarbanes-
Oxley.
But although many companies have taken the fundamen- tal first step of establishing a code of ethics, results are
decidedly mixed concerning other activities designed to improve corporate ethics. For example, when asked if
com- pliance with their code of ethics is tracked, only about 75 percent of companies that have a code said they
actually check to make sure it is being adhered to.
Slightly lower numbers were recorded for corporate per- formance in educating their employees on business
ethics. Only about 68 percent of companies surveyed provided training to their employees on the requirements
and responsibilities contained in their code of ethics.
Further slippage can be seen regarding the allocation of resources to ethics activities. When asked if their
company had an ethics officer (either full- or part-time), only 55 percent answered in the affirmative.
However, positive data also emerged from the survey, with progress being made on several fronts. For example,
better than 95 percent of companies said their code of ethics applied to every member of their organization,
including senior management and board members. And more than 90 percent of companies with global
operations said their code covered both their domestic and foreign outposts.
Among the highlights of the survey are the following questions and responses, along with our comments on the
results.
Under Sarbanes-Oxley, the audit committee is the best choice for implementation and monitoring responsibility, a
fact reflected in these results. One caveat: The demands on the audit committee have been substantially
increased since the enactment of Sarbanes-Oxley, so members must be vigilant that ethics gets proper attention.
How often does your senior management discuss the ethics and compliance program in internal communications
to employees?
6.1% 18.4%
20.1%
1-2 times per year
More than 4 times per year Other
55.4%
3-4 times per year
More than half of the companies surveyed limited their employee communications regarding ethics to fewer than
three times per year. In this era, we view that response as inadequate. Communication is a critical success
factor. Companies need to turn up the volume on ethics communi- cations.
Which of the listed committees have responsibility for implementing and monitoring the ethics compliance program?
(respondents selected multiple options) 7.9%
34.5% 59.2%
1.5%
Audit Compensation Governance/Nominating Other
1
Does the code of ethics and/or conduct include a statement regarding obligations to employees, shareholders,
suppliers, customers, and the community at large?
4.2% 5.2%
90.6%
If "Yes," is the code of ethics and/or conduct distributed to all parties listed?
34.2%
14.0%
51.8%
Yes No Not Sure
Has your company supported the ethics and
ASSESSMENT TASK 1: DESCRIPTION
You will be expected to critically evaluate, in essay format, the ethical issues in a complex, current
business problem. Ethics are based on moral decision-making and there is not always a correct
answer. In the essay you will explore the issue given from different viewpoints before deciding on the
correct procedure. You will be required to justify your choice.
The topic for the task will be given to you by your lecturer. In your essay you must identify the different
stakeholders who will be affected by the decision to be made, the different decisions possible
regardless of the ethical stance and then outline the decision that you consider the most appropriate
and why.
Ethics Essay
You are a senior manager in a manufacturing company, NuClothing International Pty. Ltd., which
makes garments for the high end fashion retailers in Australia. Like many companies, the company
you work for has found that it is cheaper to move the manufacturing operation overseas. It wishes
to expand its operations hopes to find markets overseas for its products. NuClothing has recently
opened its factory in Fiji. You have been heavily involved in the move to Vanuatu and have spent
some time there ensuring that the factory is properly manned and running smoothly. During your
stay you have come to really appreciate the wonderful Fijian people and their culture.
You are reading the Fiji Times Online over your morning cup of coffee and read the following article:
Child labour worry
AN estimated 3500 people aged between six and 17 dropped out of school
between April 2010 and March 2011, says Minister for Employment and
Productivity Jioje Konrote.
He said the majority of these dropouts — 49.7 per cent — were aged 10 to 14.
Addressing a child labour training program organised by the International
Labour Organization for six regional countries, he said an employment and
unemployment survey of 2010 to 2011 highlighted the growing number of
school dropouts in the country. "The main reasons for leaving school were not
interested, cannot afford, disability or illness, family did not support them, to
help out at home, to work as unpaid family worker and other reasons," Mr
Konrote said. "Many of these out-of- school children with little qualifications end
up in child labour, forced into activities that are harmful to their health, physical,
mental and moral wellbeing."
ILO office for Pacific Island Countries specialist on strategies for decent work,
Satoshi Sasaki, said the ILO's World Report on Child Labour, Paving Decent Work
for the Young, highlighted the need for accelerated global action targeting child
labour. (Repeka Nasiko, Wednesday, July 29, 2015)
At the office
As you walk into the office, you meet a member of the Board of Directors, John Nakarawa and join
him in the lift. John was born in Fiji and mentions the same article. You voice your concern regarding
the employment of children, who then cannot go to school. John states that it is all very well for
people to say that children should stay at school, but he can also understand why some families find
it necessary to find employment for their children so that they can feed and clothe everyone. He
goes on to say that, in some countries, parents are happy to see their children in jobs because it can
mean the difference between poverty and long-term prosperity for the children. John thinks this is
little understood by people in Australia.
In your office later, mind turns back to your time in Fiji and remember that John was also on the
management team who went over. John was very involved in recruitment. On consideration, you
become worried that some of the new employees may be underage (although you don't think that
they are 10!). What should you do?
Required
Describe what actions, if any, you would take in the above situation. Outline the possible outcomes
of those actions and how you would deal with them. There are a number of competing stakeholders
that will be affected by your decision, including yourself. Critically evaluate the situation. In your
answer, you must explore the competing ethical considerations in the case given. Include in your
discussion the impacts that different decisions may have on the different stakeholders. In your
conclusion you should outline which decision you would go with, why you have made that choice
and the possible impacts of that decision on the different stakeholders. Remember there is no right
or wrong answer.