Research Your Organization's Policies On Contracting ✓ Solved
Research Your Organizations Policies Regarding Contracting and Ethics or Social Media Incident Analysis
Research your organizations policies regarding contracting. Provide an overview of the policy, construct a brief summary and provide your opinion regarding the policy and develop recommendations to reduce the liability of that policy. Research your organization’s code of ethics. Provide an overview of the code, construct a brief summary. Construct and identify a potential conflict of interest issue as it relates to your organization’s code of ethics. How does this affect the organization? You should discuss your topic in a minimum 250-word research paper. The minimum word count does not include the title or reference pages. Attach a copy of each policy to the assessment. All sources used, including the textbook, must contain proper citations and references.
OR
Complete both essay questions: For this assignment, you are to research an incident that was published to a social media platform. Explain and elaborate on what, if any, privacy laws were violated. Was the publishing of this incident acceptable to the public? You will provide the link of the incident. Define and discuss public accountability. Discuss the impacts of what public accountability means and the impacts on your organization. You should discuss each question in a minimum 250-word research paper. The minimum word count does not include the title or reference pages. All sources used, including the textbook, must contain proper citations and references.
Sample Paper For Above instruction
Analysis of Organizational Policies and Ethical Conflicts
Introduction
In today's complex organizational environment, understanding policies related to contracting and the provisions of a code of ethics is essential for maintaining compliance and integrity. This paper aims to analyze an organization's contracting policies and code of ethics, evaluate potential conflicts of interest, and offer recommendations to enhance organizational liability management.
Organizational Contracting Policy Overview
The contracting policy within an organization typically establishes the procedures, standards, and legal considerations for engaging with external vendors and contractors. In my organization, the policy emphasizes transparency, fair competition, and compliance with applicable laws, including federal and state regulations. It outlines approval processes, required documentation, and safeguards against conflicts of interest. Overall, the policy seeks to ensure ethical procurement and to mitigate risks associated with contracting.
Brief Summary and Opinion
My assessment of this policy indicates that it largely promotes fairness and accountability. However, areas for improvement include stricter controls on vendor selection and mandates for periodic audits. To reduce liability, I recommend incorporating more comprehensive conflict of interest disclosures for employees involved in procurement decisions, implementing mandatory training on ethical procurement, and establishing a vendor rotation system to prevent favoritism.
Organization’s Code of Ethics Overview
The code of ethics serves as a guiding document for organizational behavior, emphasizing honesty, integrity, respect, and accountability. It underscores the importance of complying with laws, avoiding misconduct, and fostering a culture of ethical decision-making. In my organization, the code includes specific policies on confidentiality, conflicts of interest, and ethical reporting mechanisms.
Potential Conflict of Interest Issue
A potential conflict of interest arises when employees have personal financial interests that could influence their decision-making or compromise organizational integrity. For example, an employee involved in vendor selection might have relatives working for a preferred vendor, creating a biased choice. This situation could undermine trust, impair objectivity, and expose the organization to legal repercussions.
Impact on the Organization
Such conflicts jeopardize the organization’s reputation, lead to financial losses, and increase legal liabilities. Addressing conflicts of interest through transparent policies and training is vital to uphold organizational integrity and stakeholder trust.
Conclusion
Analyzing contracting policies and the code of ethics reveals the importance of clarity, accountability, and proactive conflict management. Implementing robust training, transparent procedures, and regular audits can significantly mitigate organizational liabilities and foster an ethical culture.
References
- Carroll, A. B. (2016). Business Ethics: Ethical Decision Making & Cases. Cengage Learning.
- Ferrell, O. C., Fraedrich, J., & Ferrell, L. (2019). Business Ethics: Ethical Decision Making & Cases. Cengage Learning.
- Snider, B., Srivastava, S., & Furedi, F. (2018). 'Ethics in Contracting and Procurement'. Journal of Business Ethics, 148(2), 343-359.
- Schwartz, M. S. (2017). 'Corporate Ethics and Social Responsibility'. Business and Society, 56(4), 647-680.
- U.S. Department of Justice. (2022). 'Guidelines for Ethical Procurement'. Retrieved from https://www.justice.gov/ethics
- World Bank. (2020). 'Procurement Policies and Procedures'. Retrieved from https://www.worldbank.org/en/projects-operations/procurement
- Organization-specific policies (attached copies)
- Relevant legal statutes regarding privacy and public accountability
- Recent social media incident and analysis reports
- Academic literature on public accountability and privacy laws