When we speak of ethics violations we immediately think about executive management, or some sort of Wall Street scandal, and rarely do we realize that it happens more frequently from the bottom half of the workforce than the glass tower. Ethics violations in inventory management are committed by:
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1.Knowingly giving inaccurate information to clients or prospective clients concerning pricing of storage space or other services, and the status of their inventory.
2.Favoring one vendor over another when purchasing goods or services because you have a friend that works for the preferential vendor or because of possible financial gain.
3.Cover-up of damaged products going out on a shipment.
4.Manipulating inventory figures and levels when the client questions his inventory levels or when management inquires about inventory statuses.
5.Work slowdown to gain overtime.
6.Giving preferential treatment to certain employees for possible gains in the future and friendship.
These are just a few examples and I'm quite sure that if you observed closely in your organization you can find many more. Why do these ethics violations occur? One reason is a lack of a code of ethics. Code of ethics are a specific set of professional behaviors and values mba hku employees must know and must abide by, including confidentiality, accuracy, privacy, integrity. Large organizations have a code of ethics, but violations occur because the standards are not
