Writing Assignment 03.doc - ETHICS VS EXPENSES 1 Ethics vs...

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ETHICS VS. EXPENSES 1 Ethics vs. Expenses Author University Of The People Author Note Author, MBA Student, University Of The People The author is an MBA student at the UoPeople. This article is an assignment for Dr. Brian Balduzzi for BUS 5115 - AY2019-T4. Correspondence concerning this article should be addressed to the author’s email address. Contact: [email protected]
ETHICS VS. EXPENSES 2 ABSTRACT The conflict between ethics and expenses is common and can happen in any industry. Organizations need to ensure that they do not fail to address this conflict. Ethical organizations tend to perform better financially than unethical organizations. Keywords: ethics, expenses, organization, conflict
ETHICS VS. EXPENSES 3 Ethics vs. Expenses We were given the following: Involved Parties: Bob, President John, Chemical Engineer Henry, Controller Kirk, Assistant Controller Kirk is a bright individual who is being groomed for the Controller’s position in a medium-sized manufacturing firm. After his first year as Assistant Controller, the officers of the firm were starting to include him in major company functions. For instance, today he was attending the monthly financial statement summary given at a prestigious consulting firm. During the meeting, Kirk was intrigued at how all the financial data he had been accumulating was transformed by the consultant into revealing charts and graphs. Kirk was generally optimistic about the session and the company’s future until the consultant started talking about the new manufacturing plant the company was adding to the current location and the costs per unit of the chemically plated products it produced. At that time, Bob (the President) and John (the

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