LEGAL ISSUES FOR MANAGERS - ethics assessment Essay

LEGAL ISSUES FOR MANAGERS - ethics assessment - Essay Examplerohibits the high society employees from accepting gifts from anyone who deals with the social club and whose influence can benefit directly or indirectly the donor. Jessicas acceptance of the paid spend trip from a customer is against the provision of the code to avoid a conflict of interest.3.In relations with the uncles company Jessica should avoid any further direct dealing with the company. She should let some other company employee who has no relation with the owner of the company do the transactions. In compliance with the prohibition of clause 3, gun clause (a), the cutting of direct business dealings with the uncles company is essential to avoid conflict of interest. On the issue of accepting gifts from companies or individuals, according to prohibition by clause 3, sub clause (d), Jessica should chastise the paid holiday offer. The offer compromises the interest of the employee and ends up in a conflict of i nterest. clause 6 provides that the company seek to outperform its competitors in an honest and fair way. The send off for the exchange of a competitors plan is against this provision and Jessica should not pay the requisite amount for the plans and dismiss the offer advances altogether.4.The potential breach concerns the indispensableness that the company demands honest and accurate information as regarding accounting procedures. The accounting records should reflect accurate and reliable information that ar in conformity with the companys internal audit, accounting and legal requirements. Clause 7 prohibits the maintaining of undisclosed records by the company as done by the chief financial military officer and the internal auditors. The action James should take is to report the matter to the senior ethics officer as provided for by clause 8.5.The situation in south Africa where Jessica noticed children working in the factory are against paragraph 6 of the Norms of the Respo nsibilities of Transnational Corporations and Other Business Enterprise with Regard to