executive summary worldwide the function of


Executive Summary
Worldwide, the function of ethics in managerial and qualified practices has demonstrated to be a vital concept. This is because the concept of ethics deals with working out right dealings in order to give in high-quality results, and this is mostly influenced by making the right decision. To help us better understand this concept, let us first define it. Ethics is defined as “a set of principles that guide our decision making based on individual values of what is ‘right’ and ‘wrong’ ”. What this simply indicates is, making ethical choices is an significant element of our personal and professional lives because it allows us make faith and grow respect from the people we contact with. Viewing this from a much larger belief, the US economy runs on a fundamental level of trust and this can be seen in various cases such as; consumers relaying industries to provide the supplies and services contracted and paid for, industries on the other hand faith consumers to give payment on time. Similarly, dealer’s belief companies to make payment them on time and industries trust the dealers to deliver on time. After many successful years as an engineer at Scientific Engineering Corporation (SEC), Gary Allison a project manager accepted a promotion as a Project Manager on the mission Fire Project, at the heavy price tag of jeopardizing his own morals and judgment. Accepting this new position would eventually be his drop from elegance, going from the most excellent engineer in the plant to finally deteriorating miserably as a Project Manager and losing his job. [6]

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