Ethics and Compliance

Ethics and Compliance

Before beginning your discussion, read the article Ethics vs. compliance: Do we really need to talk about both? (Links to an external site.)Links to an external site. http://web3.insidecounsel.com/2014/01/27/ethics-vs-compliance-do-we-really-need-to-talk-abo?&slreturn=1533867663 Organizations often use the terms ethics and compliance interchangeably. However, there are some nuances that are different between compliance and ethics. After reading the article, compare and contrast the similarities and differences between compliance and ethics. Evaluate whether a compliance officer or an ethics officer would be a better fit in your current organization (or in an organization with which you are familiar).

Your response must be a minimum of 300 words.

Read chapter four in the textbook and Ethics, reputation, and compliance gain as corporate priorities (Links to an external site.)Links to an external site.. https://www.journalofaccountancy.com/issues/2015/mar/business-ethics-and-compliance.html In the article, Hagel (2015) stated

The demand for greater transparency from consumers and stakeholders across the world has pushed the areas of ethics and compliance up the corporate list of priorities in recent years. In addition, the risk to reputation and potential damage that can be done if evidence of unethical practice is discovered have increased significantly with the advent of social media. (para. 2)

Based on the importance of transparency, your organization (you can represent any organization, McDonalds, Starbucks, ESPN, etc.) has asked you to create a training presentation on ethics and compliance to be presented next week. Referencing the Hagel article, the Gonzales-Padron textbook, and at least two other journal articles, present an outline for your training as a response to this thread.

Create an outline describing the information that you would include in your training presentation.

Must document all sources in APA style as outlined in the Ashford Writing Center.

Your response must be a minimum of 300 words.

TEXT BOOK FOR THIS COURSE IS

Business Ethics and Social Responsibility for Managers by Tracy Gonzalez-Pardon

2 hours ago

REQUIREMENTS

 ethics  Compliance

Answer preview………..

In my current organization, both ethics and compliance officers are relevant. Ethical officers are important in organizations because they help the organizations make decisions that are good for the consumers and all the other stakeholders. In my organization, for instance, the ethical officer may be important in making recommendations on matters that concern operations and strategizing (Treviño et al., 2014). The ethics officer ensures that the products of the company are good for human consumption and help people live healthy lives rather than just make profits. The company deals with the manufacturing of foods for human use. Therefore, the products have to enhance the healthy lives of people. The ethics officer is consequently needed to guide the research and designs department on the kinds of products that should be developed……….

 APA 1077 words