This is the ninth Ethics Compliance Specialist Capstone Project installment as outlined in Module 0 located in the Learning Modules section The basis for your work will be the knowledge gained in this module related to the factors which contribute towards employee loyalty, the importance of the employee's commitment to constructive workplace behavior, and how an employee contributes to a beneficial work environment In order to assist your Capstone employer with their focus on employee ethical standards, review this CBS 60 Minutes segment Goldman Sachs VP Explains Why He Quit (Time 13 28, closed captions available from Amara ), and the Goldman Sachs Code of Conduct , and respond to the questions below Do you believe that Greg Smith subscribed to the duty of loyalty based on the way that he quit his job Why or why not Also, by going public, did he violate the Protecting Confidential Information provision in the Code of Conduct Support your response Based on Greg's description of the sales practices used by his employer, do you believe that the employer did not adhere to its own policy of Fair and Ethical Competition outlined in their Code of Conduct Support your response Describe how Greg respected or disrespected the brand based on his interview Do you believe that he respected the brand so much that he didn't want to be damaged, or do you believe that he disrespected the brand by calling out his employer If you were in Greg's situation and felt that you had the following options, summarize the pros and cons of each, select the option that you would take, and provide your rationale Say nothing Post the concerns on your personal social media account Raise your concern by writing your own op ed content similar to Greg's approach Raise the concern internally as outlined Policy on Reporting of Concerns Regarding Accounting and Other Matters in the Raising Integrity Concerns section of their website

The Answer is in the image, click to view ...

Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 27, 2024

This is the ninth Ethics & Compliance Specialist Capstone Project installment as outlined in Module 0 located in the Learning Modules section. The basis for

This is the ninth Ethics & Compliance Specialist Capstone Project installment as outlined in Module 0 located in the Learning Modules section.

The basis for your work will be the knowledge gained in this module related to the factors which contribute towards employee loyalty, the importance of the employee's commitment to constructive workplace behavior, and how an employee contributes to a beneficial work environment.

In order to assist your Capstone employer with their focus on employee ethical standards, review this CBS 60 Minutes segment: Goldman Sachs VP Explains Why He Quit (Time: 13:28, closed captions available from Amara), and the Goldman Sachs Code of Conduct, and respond to the questions below.

Do you believe that Greg Smith subscribed to the "duty of loyalty" based on the way that he quit his job? Why or why not? Also, by going public, did he violate the "Protecting Confidential Information" provision in the Code of Conduct? Support your response.
Based on Greg's description of the sales practices used by his employer, do you believe that the employer did not adhere to its own policy of "Fair and Ethical Competition" outlined in their Code of Conduct? Support your response.
Describe how Greg respected or disrespected the brand based on his interview. Do you believe that he respected the brand so much that he didn't want to be damaged, or do you believe that he disrespected the brand by "calling-out" his employer?
If you were in Greg's situation and felt that you had the following options, summarize the pros and cons of each, select the option that you would take, and provide your rationale:
1. Say nothing.
2. Post the concerns on your personal social media account.
3. Raise your concern by writing your own "op-ed" content similar to Greg's approach.
4. Raise the concern internally as outlined "Policy on Reporting of Concerns Regarding Accounting and Other Matters" in the Raising Integrity Concerns section of their website.