A lot of focus is being directed at ethics today and organizations are taking special care to project an ethical face to the outside world. What, in your opinion, are the primary reasons for this, and what should organizations do to ensure that their stated ethical values 'walk the talk"?

Ernst & Young, one of the world's largest auditing firms, was asked to pay a $100 million fine after U.S. securities regulators found that hundreds of its auditors had cheated on various ethics exams they were required to obtain or maintain professional licenses and that the firm did not do enough to stop the practice. Identify the ethical issues involved and analyze what needs have been done to restore the organization's damaged reputation.

Identify one significant situation in your student life when you faced a dilemma regarding an ethical choice before you that could have had a serious impact on your academic or future career prospects. Analyze how you addressed this dilemma, identified the options that were available to you, and arrived at what you thought was the most ethical decision.

note - read comments before answer the question