The Denali Mountain bank was scandalized with the discovery of 20,000 fake accounts created by employees to hit sales targets and receive bonuses. Upper management has been fired and you are brought in as the new CEO to change things around. You are preparing to send out a memo to all employees about business ethics and the changes to better implement them. Which would be the best business ethics action to be included in your memo?

Question

Social Studies

Roger Case

23 November, 08:31

The Denali Mountain bank was scandalized with the discovery of 20,000 fake accounts created by employees to hit sales targets and receive bonuses. Upper management has been fired and you are brought in as the new CEO to change things around. You are preparing to send out a memo to all employees about business ethics and the changes to better implement them. Which would be the best business ethics action to be included in your memo?

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Answers (1)

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Lindsay Lloyd · Answer 1

I'd focus on the training of all employees in behaivour and ethical actions implementing a mandatory policy training.

Explanation:

The memo could be something like: "The bank will publish standards governing the actions of employees and actions of the business, whilst implementing a mandatory policy training for all employees"