Bbc Specialty Marketing, Inc.

Considering the size of an organization, in addition to current ethical issues and concerns, determining factors can be established concerning whether to implement a formal ethics audit or whether to use other guidelines and perform an audit within the organization. After reading the debate issue on page 263 of our text, and reviewing various methods, I would consider the BBB Torch Award criteria to be the best option for ABC Specialty Marketing, Inc. Although concerns have surfaced concerning ethical issues, by establishing a set of guidelines to follow, in addition to electing an ethics chairman to head the audit, an internal audit could be conducted, identifying problem areas and suggesting change within the organization (Ferrell, Fraedrich, & Ferrell, 2013). In order to implement any audit, the board should establish measurable standards, which seem rather difficult at the present time, considering that a limited ethics program currently exists (Ferrell, Fraedrich,

Therefore, the board should discuss electing an ethics chairman, who would form a committee, and then make recommendations on how to develop a more beneficial ethics policy. In order to know what to incorporate into the policy, an internal ethical audit could be conducted using the guidelines set forth by the Better Business Bureau, which lists detailed information on ethical practices of leadership, ethical communication practices, organizational leadership practices, performance management commitment, ethical human resources commitment, in addition to commitment to the community (Better Business Bureau, 2017). In addition, goals should be established in all areas, along with a means of establishing integrity (Ferrell, Fraedrich, & Ferrell, 2013).