Explore Professional Ethics and Responsibilities

Explore Professional Ethics and Responsibilities – 500 words minimum

Provide a brief introduction and a summary about professional ethics and responsibilities. Approximately 100 words each.

Address the following topics by providing a narrative of each topic. In addition to the information on professional ethics and responsibilities, provide at least one example of each topic. Each should be a minimum 100 words each.

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• 1 – professional ethics and responsibilities of intermediaries

• 2 – professional ethics, responsibilities, and loyalty of managers

• 3 – professional ethics and responsibilities of employees to the community

You must use cite the attached sources. Minimum 1 source per topic.

1 – Boatright, J. R. (2007). Reluctant Guardians: The Moral Responsibility of Gatekeepers. Business Ethics Quarterly, 17(4), 613–632. Retrieved from https://doi-org.libraryresources.columbiasouthern.edu/10.5840/beq20071742

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2 – Murphy, P. E. (1999). Character and Virtue Ethics in International Marketing: An Agenda for Managers, Researcher and Educators. Journal of Business Ethics, 18(1), 107–124. Retrieved from https://doi-org.libraryresources.columbiasouthern.edu/10.1023/A:1006072413165

3 – Carroll, A. B. (1984). MANAGING PUBLIC AFFAIRS: When Business Closes Down: Social Responsibilities and Management Actions. California Management Review, 26(2), 125–140. Retrieved from https://doi-org.libraryresources.columbiasouthern.edu/10.2307/41165072

SAMPLE SOLUTION

Professional ethics and responsibilities play a significant role in the success of any organization. Every profession has ethical codes of conduct which professionals are obligated to adhere to. The aim is to ensure the services they deliver reflect the established standards. Additionally, adherence to ethical responsibility is the best way to meet the needs of relevant | GET AN EXPERT FOR YOUR ASSIGNMENT | and responsibilities are often established as policies that have to be adhered to within the organization. Some of the components of professional ethics include maintaining trustworthiness, transparency, the highest level of accountability, respect and obedience to the law, among other aspects. These aspects will be discussed in the subsequent sections.

Professional Ethics and Responsibilities of Intermediaries

Intermediaries such as investment brokers, dealers and advisors have a great responsibility towards their employers, the markets they serve and clients. Intermediaries are often in-between and hence ought to be dependable by either party. In the course of their duties, intermediaries are expected to be transparent and undertake tasks for the good of the people they serve. In the event a mistake is made, intermediaries are called to be open in their communication to facilitate service | GET AN EXPERT FOR YOUR ASSIGNMENT | should not charge costs that are rather extravagant or exploit their clients in any way. Deviation from such expectation falls short of ethical responsibility.

Professional Ethics, Responsibilities, and Loyalty of Managers Managers have a great role to play in any organization. Any decision made by a manager can either improve the status of the…