Human Resource Management: gaining a competitive advantage - Ethical Issues
3 important questions on Human Resource Management: gaining a competitive advantage - Ethical Issues
What are the 4 principles for ethical companies?
1. Emphasize mutual benefits in customer, vendor, client, and community relationships
2. Employees take responsibility for company actions
3. A sense of purpose or vision valued and used by employees in their work
4. Emphasize fairness in the treatment of employees, customers, vendors, and clients
2. Employees take responsibility for company actions
3. A sense of purpose or vision valued and used by employees in their work
4. Emphasize fairness in the treatment of employees, customers, vendors, and clients
What is the Sarbanes-Oxley Act of 2002?
A congressional act passed in response to illegal and unethical behavior by managers and executives. The act sets stricter rules for business; especially accounting practices including requiring more open and consistent disclosure of financial data, CEOs’ assurance that the data is completely accurate, and provisions that affect the employee-employer relationship.
3 basic ethical standards for HR practices
1. HRM practices must result in the greatest good for the largest number of people
2. Employment practices must respect basic human rights of privacy, due process, consent and free speech
3. Managers must treat employees and customers equitably and fairly
2. Employment practices must respect basic human rights of privacy, due process, consent and free speech
3. Managers must treat employees and customers equitably and fairly
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding
Remember faster, study better. Scientifically proven.
