Ethical Scenario
Not what you're looking for?
You are quitting a job to take another better paying position elsewhere. The owners have hired an individual to replace you. It has come to your attention that this individual has been fired from her last job at the bank for embezzling $20,000. She has paid it back and is now on probation (you have all of the documentation to back up the findings). Her position here will be to do the daily deposits and control the cash on hand ($4,500 in cash and banks for tills). She will be the only office employee. What do you do? Do you go straight to the owners with your findings? Send the information anonymously? Let it go since you don't owe the company anything? Just assume that the owners already know and don't care?
Please write 400 + words
Purchase this Solution
Solution Summary
The solution provides an in-depth look into the questions posed by the student.
Solution Preview
Thanks for posting today.
I would absolutely go to the owner immediately. Not only is it the right thing to do, but if you don't, and she ends up stealing, you may very well be considered an accomplice, if not de jure, at least de facto.
Now, also consider this: Are there any disadvantages to telling the owners? I really can't think of any. I also look at this from the standpoint of the owner of this firm. If one of my employees left for a better paying position, I'd be happy for them. And if they found out information like this, I would certainly appreciate it being brought to my attention.
Now, of course, you need to understand how to come to an ethical decision. I recommend the following:
"Consider this - is it ethical that CEO's get paid salaries hundreds of times greater than their most junior employees? You could argue a CEO contributes more to the overall ...
Purchase this Solution
Free BrainMass Quizzes
Team Development Strategies
This quiz will assess your knowledge of team-building processes, learning styles, and leadership methods. Team development is essential to creating and maintaining high performing teams.
Organizational Behavior (OB)
The organizational behavior (OB) quiz will help you better understand organizational behavior through the lens of managers including workforce diversity.
Writing Business Plans
This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.
Cost Concepts: Analyzing Costs in Managerial Accounting
This quiz gives students the opportunity to assess their knowledge of cost concepts used in managerial accounting such as opportunity costs, marginal costs, relevant costs and the benefits and relationships that derive from them.
Operations Management
This quiz tests a student's knowledge about Operations Management