Ethical Considerations and Their Implications for Business Decisions: Real Recruit
You explored the significance of ethical considerations and their implications for business decisions. Today’s organizations are no longer in the situation of being able to disregard or become oblivious to the prevalence of unethical behaviors and misdemeanors.
It’s now time to unpack the ethical considerations that organizations must not overlook in business operations.
As a consultant, you will often come across situations that require you to identify and address ethical and legal considerations. You might even come across situations wherein you will find an overlap between ethical considerations and legal issues in a business situation.
The legal team at the health and beauty company you work for is currently reviewing all the documents you have looked at so far. Their objective is to highlight potential ethical and legal issues that the company may be opening itself up to.
Prompt
To complete this assignment:
Review the RealRecruit case study provided in the textbook.
Critical Thinking Case: Real Recruit
Write a consulting report to share your observations and recommendations based on the RealRecruit case, and address the following criteria:
Identify one ethical consideration adopted by RealRecruit that your organization can also adopt as a best practice. Explain the reason.
In adopting your identified best practice above, what could be an overlap between the ethical consideration and a possible legal issue?
Significance of Ethical Considerations and Their Implications for Business Decisions
Student’s Name
Institutional Affiliation
Course Code
Instructor
Date
Significance of Ethical Considerations and their Implications for Business Decisions
The contemporary business environment includes a primary focus on ethics, sustainability, and corporate social responsibility. Favorable working conditions and standards, a primary focus on diversity, inclusion, and equity, and protection of human rights, including disregard for child labor, are examples of ethical issues that organizations are compelled to adopt. The RealRecruit Protecting Student Athletes is an example of ethical considerations. It outlines the need to embrace fair and equal treatment, championing the well-being and welfare of the workforce, among others. There is a need to address the above ethical issues to maintain a desirable reputation and avoid legal actions that might result from concerns such as disregard for fair, equitable treatment, sexual abuse, and misconduct from staff, leaders, and players.
Notably, the RealRecruit case study provides multiple ethical issues that can potentially impede the success of the health and beauty company. From the case study, the company must comprehend the fact that disregarding ethical considerations has adverse impacts on organizational performance. In this case, Hijal-Moghrabi et al. (2015) allude that organizational performance depends on the existence of an ethical environment. Additionally, stakeholder relationships, including the ability to attract consumers and investors, are also drawn from ethical behavior. From the RealRecruit case study, the company must understand that ethical issues easily reach the media, which ultimately signals reputational damage and subsequent inability to attract and retain a desired client base. Also, the company must ensure the team analyzes, predicts, and manages emergent issues before they escalate, as executed by t...