Business Ethics and Deontology SLP Essay Example | Topics and Well Written Essays - 750 words

Business Ethics and Deontology SLP - Essay Example I am the chief accountant of the company and so responsible for payments of these tenders. My work involves processing of payments and writing of cheques for these suppliers. In the process of doing my work, I realized that some of the tenders were awarded against the company rules, and this is considered to be unethical (Barry, 2000). The ethical problem here is that a supplier was given a tender for supplying computers in our company. When you look at the price quoted, you realize that it is much higher than other suppliers. The question is how did it happen? Why did it happen? Who were responsible for the process of awarding the tender? What was the objective of awarding the tender? As an accountant, I demanded to get all the answers for the above questions (Barry, 2000). This made me stop the payment process and start making inquiries. Management meeting was called very first and the main agenda was computer supply allocation. As a business entity, our main objective is to reduce cost and maximize profit. We realized that of all applicants, the person who supplied computers were the most expensive. One of the senior managers of the company gave an explanation that the person was given the tender because of the quality goods he assured the company. When you compare what the company had previously with the new computers, no difference was realized. That is when I realized that there was some vested interest by some of the managers to award tenders to their friends so that the suppliers can inflate the prices. Deontology refers to moral obligation and undertaking of duties with the right motives (Darwall, 2003). In this case, the deontological implication of this problem is poor management relations. This is because as a company, we have managers responsible for each department within the organization. It is the managers’ duty to give directions on what is expected. For our case, a group of managers decided to go against the company rules