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Ehical issue in business - Coggle Diagram
Ehical issue in business
Sexual assault
According to the U.S. Equal Employment Opportunity Commission (EEOC), in 2018 alone there were more than 7,600 allegations of sexual harassment made. Not only that but the resulting monetary benefits for those plaintiffs were in excess of $56.6 million – an indication of the validity of those claims.
we find that 54% of women report having experienced unwanted sexual advances in the workplace and 23% said that the instance of sexual harassment actually involved a superior.
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Health and safety
The International Labour Organization (ILO) states that 7,397 people die every day from occupational accidents or work-related diseases. This results in more than 2.7 million deaths per year
According to the Occupational Safety & Health Administration, the top 10 most frequently cited violations of 2018 were:
Fall Protection, e.g. unprotected sides and edges and leading edges
Hazard Communication, e.g. classifying harmful chemicals
Scaffolding, e.g. required resistance and maximum weight numbers
Respiratory Protection, e.g. emergency procedures and respiratory/filter equipment standards
Lockout/Tagout, e.g. controlling hazardous energy such as oil and gas
Powered Industrial Trucks, e.g. safety requirements for fire trucks
Ladders, e.g. standards for how much weight a ladder can sustain
Electrical, Wiring Methods, i.e. procedures for how to circuit to reduce electromagnetic interference
Machine Guarding, e.g. clarifying that guillotine cutters, shears, power presses and other machines require point of operation guarding
Electrical, General Requirements; i.e. not placing conductors or equipment in damp or wet locations
In 2018 alone, the U.S. Bureau of Labor Statistics reported 5,250 fatal injuries, the causes of which included everything from injuries by animals to falls/slips/trips to transportation incidents and more. It may come as little surprise to learn that the two industries with the most fatal injuries are transportation (1,379 fatalities) and construction (1,008 fatalities).
Technology/Privacy
With developments in technological security capability, employers can now monitor their employees’ activity on their computers and other company-provided electronic devices. Electronic surveillance is supposed to ensure efficiency and productivity, but when does it cross the line and become spying? Companies can legally monitor your company email and internet browser history; in fact, 66% of companies monitor internet connections,
according to 2019 data from the American Management Association. 45% of employers track content, keystrokes and time spent on the keyboard, and 43% store and review computer files as well as monitor email. Overall, companies aren’t keeping this a secret: 84% told employees that they are reviewing computer activity. Employees should review the privacy policy to see how they are being monitored and consider if it can indicate a record of their job performance.
Accounting Practices
This is one of the more ‘classic’ ethical issues in business and comes along with some very serious legal implications as well. Manipulating a business’s financial data to make the company look more successful – also known as “cooking the books” – is the most well-known form of accounting misconduct (and is a federal crime).
Data Privacy
These days you’ll be hard-pressed to find anyone who doesn’t have some sensitive data stored digitally – including employees. In fact, more than 80% of Americans own a smartphone and the average person uses roughly 25 applications every month. That’s a ton of opportunities for data to fall into the wrong hands!
the ethical issues have less to do with how the employees conduct themselves on company computers, smartphones, and tablets (although that’s super important to address!). The ethics come into play when you decide how exactly to implement a cybersecurity plan for the business
Decision-Making Issues
Ethical decision-making processes should center on protecting employee and customer rights, making sure all business operations are fair and just, protecting the common good, and making sure the individual values and beliefs of workers are protected
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