Productivity and Competitiveness Competition is the rivalry between suppliers that happens in the market or for the market. Firms often compete to get more customers by offering high-quality products and services, giving lower prices, and offering innovative products and services. When there is effective completion in the market, a clear message is sent to the firms about the price charges and profits they can earn with regards to the products the customers wand to buy. Firms offering products that consumers want at lower process will prosper while firms that do not will be competed out of the market. Stiff completion enhances productivity (Gërguri‐Rashiti, Ramadani, Abazi‐Alili, Dana, & Ratten, 2017).

MGT324 – Assignment 2

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MGT324 – ASSIGNMENT 2

What Mr A was doing is unethical because he does not comply with the professional ethical rules of integrity, objectivity, professional competence, confidentiality and professional behavior. The decision of Mr A to hire Mr B to do the report and presentation for him violates the integrity compliance of being straightforward, and professional in business relations. He violates objectivity by allowing bias and conflict of ideas to override business and professional judgements. He does not maintain professional competence through knowledge and skill as required by organizations policy. He does not comply with the professional behavior because he disregards laws, and regulations set for him to meet professionalism in his position. He violates confidentiality by using Mr B work and ideas as his own. He went ahead and used the company funds to pay Mr B for his advantage, which is unethical for the organization. Use of the company’s funds for individual expenditure is against business ethics in any organization. Mr A acted ethically to attain the top position by not following the correct procedure and guidelines are required. He should have instead taken communication and professional classes to increase his professional and communication skills which are crucial for the top position.

Mr A’s professional values are at odds with his honesty and ethical practice values. Being a top manager, he ought to be a good example to his employees by practising business ethics and laws. Going against business ethics contradicts his values and professionalism as a top leader in the organization.

Hiring Mr B risks Mr A’s good reputation on his subordinates. If the employees know that Mr A hired Mr B to perform a task that he was entitled, then their trust and respect for him will be compromised. Not hiring Mr B means that he should make an extra effort and take additional training classes to be able to write the required report and improve his communication skills. This action will have a positive impact on him and his subordinates while the other work (not hiring Mr B), will have an adverse effect and severe consequences and risks.