MGT 216 Week 4 DQ 2 - 7840

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Please post your response to the following discussion question by clicking on Reply.

Based on the assigned readings for Week Four, answer the following questions:  Provide an example of organization’s conflict of interest.  How do conflicts of interest affect an organization’s ethical environment?  How can such conflicts be avoided?

A good example of a conflict of interest would be, If I owned a small company on the side that provided a service that was the same as my current full time job. Like if I had a landscaping company and I worked for another landscape company full time. If I were to solicit business to the customers during my normal work day, that would be a conflict of interest. It effects an organizational's ethical environment because it not only bad on the company but its not the best interest for the customer. Conflicts can be avoided if you keep personal life separate from business and vice versa. I know that a lot of people have little side businesses for disposable income but you have to be very careful how you are operating them.

 

Response 2

A very good example of conflict of interest in an organization is a staff member selecting candidates for admission to a school interviewing or deciding on a candidate who is the son or daughter of his relative or personal friend a situation in which a public official's decisions are influenced by the official's personal interests.  There are a lot of ethical issues that come about in the organization that happens when something like this happens.  The ethical environment will change.  This is because there might be someone else that was trying hard to get in that organization, but because that family member wanted their family member in the organization more, that changes the ethical environment.  There are controls that are in place to prevent things like that from happening.  When trying to bring someone on board with them, a review is put in place to interview all candidates before making a decision.  If one is a family member, the relationship is a conflict of interest, but if that person is the best candidate they will get the job. 

 

Response 3

One example of a conflict of interest is if I worked for a consulting firm that recommended construction businesses and owned a construction company that was bidding on an upcoming job through the firm I worked with. An easier to understand conflict of interest would be if I were a court judge and learned of a case coming to my courtroom where a close friend or family member was somehow involved. 

Conflicts of interest can make a firm appear to show favoritism or bias. From an ethical standpoint, conflicts of interest can certainly shine a very negative light on the company that continues on its course after the conflict of interest has come to light. Companies have avoided conflicts by removing the person or issue at the center of the conflict. Judges have recused 

Solution Description

Please post your response to the following discussion question by clicking on Reply.

Based on the assigned readings for Week Four, answer the following questions:  Provide an example of organization’s conflict of interest.  How do conflicts of interest affect an organization’s ethical environment?  How can such conflicts be avoided?