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http://www.siue.edu/~jmichli/MGT340/ethics.ppt http://www.siue.edu/~jmichli/MGT340/ethics.ppt

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What are corporations doing to improve 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.


What is the global impact of business ethics?

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.


What are the Facilitating and inhibiting factors of company that impact performance of employee?

3d modelling


What is the impact of technology on business ethics?

Employee communications can be monitored more easily through email checks. Social networking can play a big part and this can be bad more often than good.


Why business ethics is not a oxymoron?

Business ethics is not an oxymoron because ethical principles can guide decision-making in the corporate world, promoting trust and accountability among stakeholders. Companies that prioritize ethics often see long-term benefits, such as enhanced reputation, customer loyalty, and employee satisfaction. Furthermore, ethical practices can help prevent legal issues and financial losses, demonstrating that profitability and responsibility can coexist. Ultimately, integrating ethics into business strategies fosters a sustainable and positive impact on society.

Related Questions

What has the author Edward Ottensmeyer written?

Edward Ottensmeyer has written: 'Ethics in the workplace' -- subject(s): Business ethics, Professional ethics, Employee rights


What business ethics can contribute in business?

Practicing business ethics can contribute to the growth of your company in many ways including public relations, employee productivity, investment and even employee retention.


Leave without pay (LWOP) as an effect on what employee benefits?

Leave without pay (LWOP) has an effect on what employee benefits?


What are the political factors that influence the development of the code of ethics?

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.


Following an ethics-based approach to decision making will normally lead to?

lower employee turnover


What are the importance of employee orientation?

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


What are qualitative factors involved in shutting down a part of a business?

(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


How organizational ethics affects managerial decistion making?

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.


What is the foundation on which all of the other training factors are developed?

ethics


Institutionalize ethics in the organization?

Institutionalization of ethics is a vital task in any organization. It protects the organization from illegal and unethical behavior. It also protects the rights of the human resource i-e employer and employee.


What are environmental factors for today's management to study organizational behavior?

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.


When an employee learns of apparently unlawful behavior on the part of his or her employers does the employees have an ethical duty to blow the whistle on the employer?

yes employee have that right to whistle blow act because it is ethics right.

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