Managers plan, control, lead and organize within a company and therefore they are the most directly responsible for its welfare.They also set an example to the rest of the workforce as to what exactly constitutes ethical behaviour.Depending on the size of the organization, establishing an ethics officer, whose responsibility is to institutionalize moral values in the workplace, can also prove to be beneficial (Toffler 16).
Managers plan, control, lead and organize within a company and therefore they are the most directly responsible for its welfare.They also set an example to the rest of the workforce as to what exactly constitutes ethical behaviour.Depending on the size of the organization, establishing an ethics officer, whose responsibility is to institutionalize moral values in the workplace, can also prove to be beneficial (Toffler 16).
Tags: Proper Form Of Cover LetterEssay Personality TypesHow To Start Wedding Planning BusinessWhy Marijuana Should Be Legal EssayTeamwork At WorkApa Term Paper OutlineSample Business Plans For StartupsFostering Ethics and the Resulting Benefits The realization of the benefits brought by solid work ethics have prompted the creation of organizations that encourage and monitor ethical corporate behaviour, along with several techniques to help foster ethics within a corporation.
As business ethics becomes a growing concern for individuals both within and outside of the organization (i.e.
More coursework: 1 - A | B | C | D | E | F | G | H | I - J | K - L | M | N - O | P - S | T | U - Y Management Ethics Ethics in Business Introduction The overall success of a company in today? Of growing importance, however, is the moral and ethical character of the workforce that a company employs.
s product line, the quality of its employees, the proficiency with which it accomplishes its business goals, and a host of other technical factors determine whether or not a company survives in our modern economy.
If there is an absence of moral integrity in the higher levels of management, subordinates may feel more inclined to perform unethically as well.
Despite this, ethical practices are important in all levels of an organization, and the various factors mentioned that affect ethical decision-making must be taken into account.
It is important to understand that Enron executives do not represent the real ethics behind moneymaking; over the long term, profits cannot be faked, they must be earned (Brenner 392).
More specifically, it has been discovered that the accounting numbers were manipulated in such a way so as to make Enron look much better than it really was.
Companies that have adopted this practice have even gone as far as offering employees courses to help them learn to make ethical business decisions.
Organizations may also decide to assign committees dedicated strictly to monitoring the ethical practices of the organization and its employees, and then these committees report back to top management.
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