BUSINESS ETHICS

 

 

 

 

Using your workplace organization or any organization that you are familiar with as a case, describe in
between 500 to 1000 words, the background, nature and operations of the organization. The description
must capture the following.
 The formation of the organization and how long it has been in existence
 The leadership and culture
 The industry of the organization
 Competition
 The various services or goods provided
 Any national laws, acts or legal frameworks governing its activities
NOTE: The background provided must help as context or source of reference in answering the questions
below. That is, there must be some relationship between your answers and the organizational context.
BASED ON THE BACKGROUND PROVIDED, ANSWER THE FOLLOWING:
1. Using the impact/influence stakeholder framework below, identify at least one grouping of
stakeholder in each quadrant. Based on your company’s operations/business, identify and explain
strategy(ies) that you will spell out to management to help manage each of these four (4) different
stakeholders
2. Given an opportunity to contribute to your organization’s ethical growth,
a. Propose one (1) code of conduct and one (1) code of ethics for management to consider
adopting. Explain the underlying reason(s) for your proposal.
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b. Suggest a way(s) to help staff internalize these codes
3. Give two (2) reasons why in your view the proposals you made in question 2(a) may not be as
effective as you expected within your organization
4. Using the framework of ethical theories below illustrate with examples from your organization
how issues in any two (2) of these four (4) ethical theories play out in your organization.
5. Describe yourself within any one of the frames of values listed below. Explain what that
particular ‘value thinking’ is about and why you see yourself in that light. You may use an
example of a situation you were confronted with in your work place and how you reacted as an
illustration.
a. Traditionalist
b. Modernist
c. Neo-traditionalist
d. Postmodernist
e. Pragmatist.
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VERY IMPORTANT ASSIGNMENT INSTRUCTIONS
a. Appropriate paragraphing of work
b. Font type – Times New Roman
c. Font size – 12
d. Justify the write up (i.e. alignment on Microsoft Word)
e. Harvard style referencing (which includes in-text citations plus a reference list). All
references must be from credible sources such as books, industry related journals,
magazines, company documents and recent academic articles.
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Sample Solution

Business Ethics

Business ethics can be denoted as written or unwritten codes of morals, values, and principles that governs actions and decisions in a company. It leads to a more productive workplace. Apple Inc. is an American multinational technology company headquartered in Cupertino, California, that designs, develops and sells consumer electronics, computer software, and online services. It was founded in April 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne. It was incorporated as Apple Computer, Inc. in January 1977. Besides having geniuses in design, software and retail, Apple also has the cash to invent components and other things, which almost makes it impossible for the competition to make any real headway against Apple. It is the responsibility of every employee of any organization to protect and maintain the confidentiality of customers, suppliers, and others. Failure to protect customer and third-party information may damage relations with customers, suppliers, or others and may result to legal liability.

The Centers for Medicare and Medicaid Services (CMS) developed the Bundled Payments for Care Improvement (BPCI) Advanced model to test bundled payments for 32 specific episodes and to incentivize participating providers for decreasing care costs and improving care quality for Medicare patients receiving care for one of these 32 clinical episodes.1 This model is entirely voluntary, consists of a single retrospective bundled payment with a 90-day clinical episode duration, and places more risk onto the providers than previous BPCI models.1
There are seven quality measures for BPCI Advanced, including all-cause hospital readmissions, advance care plan, and CMS patient safety indicators that are used to measure the quality of care and reimbursement level for each episode.1 To identify reimbursement level, CMS compares the aggregate Medicare fee-for-service (FFS) expenditures included in a clinical episode against the episode’s target price to determine whether the participant will either receive a payment or be required to pay CMS. If the provider keeps costs below the target price for each episode, financial savings will be generated through this value-based payment (VBP) model, in addition to the improvement in the quality and continuity of care for Medicare patients. At this time, BPCI Advanced results are not yet available in order to determine the extent of the gains/losses realized in this VBP model.2
Implementation of BPCI Advanced for providers that have used past BPCI models, particularly BPCI Model 3, would be less challenging than for providers who have not, due to preestablished networks and pathways for continuity of care for some clinical episodes as well as familiarity with the program.2 In addition, many providers will be interested in participating, as BPCI Advanced qualifies as an Advanced Alternative Payment Model (APM) and thus exempts participants from payment reductions under MACRA.3 BPCI Advanced is also a voluntary payment model and will see less opposition than mandatory mo

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