http://www.siue.edu/~jmichli/MGT340/ethics.ppt http://www.siue.edu/~jmichli/MGT340/ethics.ppt
Ethics are actually set of moral values that span across the world; however, ethics vary depending on the culture you are dealing with. The concept of Business Ethics has not been around much, until recently corporate realized that only profit is not what matters for survival. As I mentioned about the deep relationship between culture and ethics, Business ethics do have a deep impact on a Global Level. Corporate firms functioning on different spheres and parts of the globe have Business Ethics depending on the culture of their prospective destination. It is based on the ethics and principles followed by the firm that determines their treatment of society and its environmental resources. However, the thing works other way round too as there are several environmental and cultural factors that have a long-term effect on Business Ethics.
In order to improve business ethics, those in charge must follow the same ethical guidelines as all every other employee. It is highly important to have a code of ethics and standard policies in place so that employees know what is expected of them.
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Edward Ottensmeyer has written: 'Ethics in the workplace' -- subject(s): Business ethics, Professional ethics, Employee rights
Practicing business ethics can contribute to the growth of your company in many ways including public relations, employee productivity, investment and even employee retention.
Political factors that influence the development of a code of ethics may include government regulations, political ideologies, lobbying efforts by interest groups, and the influence of political stakeholders. These factors can shape the values, principles, and standards included in the code of ethics to align with prevailing political interests and agendas.
Ethics are important in marketing because it is what makes the business good at what they do. Without ethics in marketing people would not have morals, that could hurt the business profits and employee benefits.
Leave without pay (LWOP) has an effect on what employee benefits?
lower employee turnover
ethics
Increased job satisfaction and morale among employees Increased employee motivation Increased efficiencies in processes, resulting in financial gain Increased capacity to adopt new technologies and methods Increased innovation in strategies and products Reduced employee turnover Enhanced company image, e.g., conducting ethics training (not a good reason for ethics training!) Risk management, e.g., training about sexual harassment, diversity training
(1) effect on employee morale, schedules and other internal elements; (2) relationships with and commitments to suppliers; (3) effect on present and future customers; and (4) long-term future effect on profitability
Environmental factors for today's management to study organizational behavior include globalization, technology, diversity, ethics, and sustainability. Understanding how these factors influence employee behavior, decision-making processes, and organizational culture can help managers navigate complex challenges and drive positive change within their organizations.
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orginazation ethics sometime do effect manegerial decison making because a maneger at some point are another wants to take a decision for the betterment of organization but he is bound under the ethics made or adopted by the organization.ultimitly these so called as ethics becomes a hurdle in the way of a maneger.Therfore it is suggested that orgnizations polices, rules sop must be reviwed or discussed yearly basis if a certain rule is contradicting or making mess in the e way of organization.