What are the ethical concerns in given business situation


Assignment: Corporate Memo on Ethical and Legal Concerns

Scenario

You work in the accounting department at your U.S. based company. The Vice President enters your office and asks you for a check for $250.00 for expenses he tells you he incurred taking a client to a late dinner the night before. He provides you with receipts for a dinner for two at one of the most expensive restaurants in the city. A few minutes later, you head over to the employee lounge and pass by his receptionist who is telling someone else how the VP proposed to his girlfriend the night before at that same restaurant. You decide you need to alert the CEO to the situation.

Instructions

1. Write a Corporate Memo in Microsoft Word (minimum two pages) to the CEO that describes your ethical and legal concerns in the given business situation.

2. Address the following:

3. What are the ethical concerns in the given business situation?

4. What is the relationship between ethics and law in business (including consequences when either is violated)?

5. Provide both a business solution and at least one law that would support you in reporting this situation to the CEO.

A memo consists of two parts: the identifying information at the top, and the message itself. At the top, identify for whom the memo has been written, who is sending it, the subject, and the date. The subject line serves as the memo's title.

The style and tone you use in a memo will be determined by your audience: You can use a casual tone in a memo to a coworker you know well, but you should use a more formal tone in a memo to your boss. It's important to organize your memos well. Most longer memos consist of an introduction, a discussion, and a conclusion. In the introduction, tell readers what prompted you to write (such as a problem or question about a specific procedure or policy), and provide any necessary background information. In the discussion section, or body, indicate what changes are necessary to address that problem or question. In the conclusion, state specifically how you want the reader to respond.

If you're new to writing memos, use one of Microsoft Word's memo templates. In Word 2016, click on File, then click on New, and search for Memo. Choose from over 15 different memo options. Be sure to swap the sample information in the memo with your own content.

Format your assignment according to the give formatting requirements:

1. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.

2. The response also includes a cover page containing the title of the assignment, the course title, the student's name, and the date. The cover page is not included in the required page length.

3. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.

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Business Management: What are the ethical concerns in given business situation
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