Table of Contents
What is Business Ethics (from your own words)?
Business ethics can be considered as the moral correctness within the business processes and operations through which the rights of every stakeholder and every associated entity are protected (Dytrt & Tomancová, 2018). It is a place where everyone’s values are respected and everyone’s choice is appreciated.
Indicate at least 2 myths about Business Ethics that you have heard and they are not in the above articles.
Why is business ethics important?
The concept of business ethics is important because the waves of globalisation have eliminated geographical barriers, which in turn has pushed companies to become more accountable for their actions. Business ethics fundamentally deals with the subject of ensuring an ethical standpoint within the working operative of a business. The societal implications of the business environment are also a key driving factor behind ethics and its perceptions in the current era.
How do you resolve ethical dilemmas?
Ethical dilemmas must be resolved keeping in mind the principle of the need for the greater good. Personal profit motives and vested interests should be eliminated to put forward an assertion that is both ethical and correct within the commercial perspective (Lovett & Woolard, 2016). Mutual respect and the prevention of harm must always be the key objectives.
How does a business create an ethical atmosphere?
Fostering an ethical atmosphere within a business is largely dependent on the overall culture of the organisation. Ranging from policies and principles of the company to the underlying values, the organisational culture is central to creating a working environment where the employees maintain ethical standards and go on to internalise them over time (GÜÇER et al. 2016).
What should you do if you see your colleague stealing the company's supplies?
The first step that should be taken upon witnessing a colleague should be go and talk to the colleague and enquire about the reasons for stealing the supplies and would suggest him or her to contact with the authority for taking the supplies with him. In case of any discrepancy between his or her stealing of the supplies and records is identified I will report it to the authority.
From your experience, do you think which items are most likely to be stolen from the office cabinet? and why?
According to the survey study, what do you think why most reports go to management, but only a small percentage to the Hotline?
Most employees tend to report to their managers due to the verbal and face to face nature of the process as compared to reporting electronically over a hotline. Moreover, a perceived delay in resolving the issue also acts as a key driver since employees think that reporting the issue directly to the manager would be far more effective.
As a manager, what can you do to create a culture of reporting misconduct (for your organization and employees) when the opportunity is given?
Keeping an open door policy will be the strategy to create culture of reporting misconduct in the organisation. Ensuring that the environment is safe and employees feel comfortable to open up to the managers is of paramount importance hence striving to create a culture of reporting misconduct.
Dytrt, Z., & Tomancová, L. (2018). Managerial Ethics—A Tool for Social Crises. Economics, 6(5), 390-400.
GÜÇER, E., PELİT, E., DEMİRDAĞ, Ş. A., & Arslantürk, Y. (2016). The Effects of Managers’ Business Ethics Applications on Employees’ Job Satisfaction: A Study on Hotels in Turkey. Macrothink Institute–Business Management and Strategy, 7(1), 206-234.
Lovett, S. L., & Woolard, N. A. (2016). The Toolkit and the Carpenter: Teaching the Critical Distinction between Business Ethics and Personal Morals. e-Journal of Business Education and Scholarship of Teaching, 10(2), 35-46.
Remember, at the center of any academic work, lies clarity and evidence. Should you need further assistance, do look up to our Business Ethics Assignment Help
5 Stars to their Experts for my Assignment Assistance.
There experts have good understanding and knowledge of university guidelines. So, its better if you take their Assistance rather than doing the assignments on your own.
What you will benefit from their service -
I saved my Time (which I utilized for my exam studies) & Money, and my grades were HD (better than my last assignments done by me)
What you will lose using this service -
Unfortunately, i had only 36 hours to complete my assignment when I realized that it's better to focus on exams and pass this to some experts, and then I came across this website.
Kudos Guys!Jacob "
Proofreading and Editing$9.00Per Page
Consultation with Expert$35.00Per Hour
Live Session 1-on-1$40.00Per 30 min.
Doing your Assignment with our resources is simple, take Expert assistance to ensure HD Grades. Here you Go....