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Why is adhering to high ethical standards important for managers?
I guess this depends on who you ask but I wonder what the employees of Enron, AIG, GM, Chrysler, Ford and many others would say. Of course high ethical standards are important as well as high moral standards. You can get away with anything for a while but rest assured it will catch up to you.
Is competition in business good?
Yes, it encourages you to keep up high standards and to strive for improvement.
What is the role of law in facilitating order in society?
Law helps keep order in society and business. It helps regulate social behavior, establish ethical standards, keep the peace, promote individual freedom, keep federal power in check, promote social justice, promote economic growth, and much more.
Why good environmental practices and ethical standards in decision making may be to the advantage of a business?
Businesses with good environmental practices and ethical standards in decision making can have a real marketing and promotonal advantage. Consumers are becoming more aware of environmental issues and growing numbers of them ( customer ) will support businesses that adopt green policies. The success of the Body Shop worldwide has been built on producing products that do not harm animals in testing or the wider environment through production methods. Thus its success was due to its environmental practices. Companies that damage the environment such as through oil-tunker spills can lead to a boycott of their goods. Businesses with low pollution production avoid very bad publicity and heavy fines. Businesses with good environmental practices and ethical standards, attract potential customers, thus boosting sales and profits. With ethical standards they ( businesses ) make their employees want to stay reducing labour turnover as well as attacting high skilled workers, therefore increasing productivity. Attracts investors and keep the company's share price high, protecting business from takeover. Unethical behaviour or lack of environmental practices, may damage a business's reputation and make it less appealing to stakeholders. Profits can fall as a result.
What makes for a good leader in war?
* Keep cool under pressure * Clearly explains the missions, sets standards and priorities * See the big picture; provides context and perspective * Make tough, sound decisions on time * Adapt quickly to new situations; can handle bad news * Give useful feedback; sets a high ethical tone * Are positive, encouraging and realistically optimistic
Difference between aspirational and mandatory ethics?
Mandatory ethics pertain to the professional requirements that are put in place legally to keep professionals out of legal trouble.Aspirational ethics is the understanding of the purpose of the ethical statues and living by these ethical standards as a way of life.Corey, G., Schneider-Corey, M., & Callanan, P. (2007). Issues and Ethics in the Helping Professions. (8th ed.). Belmont, CA: Thomson.
What are those standards in performing activities?
keep quiet
What is the second method the GASB uses to establish standards?
Keep standards current to reflect changes in the governmental environment.
Why do academic writing standards condemn the use of first and second person pronouns?
Academic writing standards typically discourage the use of first and second person pronouns because they can make writing less formal and objective. Using third person can help maintain a more professional tone and avoid inserting personal opinions or experiences into the writing. This helps to keep the focus on the information being presented rather than on the writer themselves.
Can you make a sentence with the word remember?
Yes. Here are some examples: He did not remember to take out the trash before he went to school. Always remember to keep your standards high. Did you remember to do your homework?
Why should we keep summer vacation?
To break up the academic and business year.
Do you believe whistle-blowing is good for organizations?
I would no think of it in terms of good or bad for an organization as much as it may be a necessity to keep organizations in check. Whistle blowing relates to wrongdoing, injustice, and possible corruption. If the organization is holding to the highest ethical standards, there would be no reason for whistle blowing. Unfortunately this is not so for many organizations. Much relates to the commitment of senior leadership to promote doing what is right, good, and proper. Thus, they should be 100% committed to the development of ethical standards which are standards of conduct on how employees should behave based on moral duties, virtue's, and value systems that themselves are derived from principles of right and wrong. If whistle blowing is a means toward a positive end, then in the long run, we might want to consider it good for the organization as a whole, but not so for some of those within the organization who refuse to adhere to ethical behavior. So be it!
