1a) Business Ethics is a professional ethics that examining ethical principles and moral or ethical problems that arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations.
The 17 key areas of concerns relating to business code in a global organization are as following:
Health and safety
Protection and proper use of company asset
General Ethical Standards
Compliance with laws, rules and regulations
Conflict of interest
Equal employment opportunity
Anti-Harassment and sexual harassment
Insider information and securities trading
Antitrust or competition laws
Accounting systems, books and records
Coercion of auditors
Public disclosure and financial reporting
Employment of current or former government employees
It is a form of business continuity and act as a responsibility in public interest as well as a way to symbolize professionalism. Adverse harm will be done to company like corporation collapse in extreme if weak ethics compliance in a business.
1b) It is the employee responsibility to report the behavior which is ethic violation.
After suspecting the unethical behavior, I will immediate review the ethics handbook to following the instructions to report the issue then avoid improper or injure to the reputation of my company because of the unethical actions.
Before reporting, to gather sufficient evidence to support further investigation is needed. By observing the related-employees and finding related-documents as much as possible to serve as facts helping support the report.
With the aid of evidence, it is important to choose the appropriate person to report, whom the position should higher than the suspected employee then he can carry out actions with certain authority to deal with such unethical issues. For example, my supervisor, my higher manager, my local human resources or division...