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Why should an organization operate in an ethical and socially responsible manner?
An organization should operate in an ethical and socially responsible manner to build trust and credibility with stakeholders, including customers, employees, and the community. Ethical practices enhance brand reputation and can lead to increased customer loyalty, which ultimately drives long-term profitability. Moreover, socially responsible actions contribute positively to society, fostering a sustainable environment and improving the quality of life for future generations. In an increasingly aware consumer landscape, ethical behavior can differentiate an organization from its competitors, leading to a competitive advantage.
What are three ethical issues within today's business that impact your community and organization?
Three sources of ethical issues are as follows:Harrassment (Sexual or Otherwise)Customer Confidence IssuesTruth In advertisingBlowing the whistleConflicts of IssuesNote: If you are attending the UOP, you can find this information in your textbook in Chapter 3.
What does the word economic region mean?
making goods that have common charateristics
How do you evaluate ethical leadership?
Ethical Leadership can be evaluated on the of ethical decision making, ethical communication and ethical team building.
Explain at least three ethical issues within today's business environment that impact your communicty and your organization?
Three sources of ethical issues are as follows:Harrassment (Sexual or Otherwise)Customer Confidence IssuesTruth In advertisingBlowing the whistleConflicts of IssuesNote: If you are attending the UOP, you can find this information in your textbook in Chapter 3.
Who sets the tone for ethical behavior in an organization?
Customers, investors, employees, and the public set the tone for ethical behavior in an organization.
What does tone at the top mean?
"Tone at the top" refers to the ethical atmosphere established by an organization's leadership. It is essentially the behavior, policies, and actions of top management that influence the overall ethical culture within the organization. A strong tone at the top promotes ethical behavior throughout the organization.
The perceived relevance or importance of an ethical issue to the individual work group or organization is?
Ethical Issue Intensity
What are the ethical breaches that were present?
U.S based organization that have allegedly breached laws related to ethical conduct
What is a formal statement of an organization's primary values and the ethical rules its employees to follow?
A mission statement is a formal statement of an organization's primary values and the ethical rules its employees follow.
How do you say charateristics?
How do you say Charateristics?
How can CEO's of large companies ensure that everyone in the organization is consistently behaving in an ethical manner?
They must demonstrate ethical behavior in their own actions. One way for business leaders to model ethical behavior is to admit when they are wrong and correct their organization's mistakes and problems.
What is ethical trend?
A problem or situation that requires a person or organization to choose between alternatives that must be evaluated as right (ethical).
It is ethical for an organization to allow its leaders to use fear as a communication tactic?
It is not ethical for an organization to allow its leaders to use fear as a communication tactic because that kills staff morale and self drive.
Advantage and disadvantage of business ethics?
Business ethics are great for businesses because customers don't like doing business with unethical managers. A disadvantage to being ethical is the fact that money can be affected by being ethical.
Is the American Red Cross ethical?
The American Red Cross is an ethical organization. You can always find a bad apple in any organization, but The American Red Cross consists of mostly dedicated hard working volunteers.
A formal statement that defines how the organization expects and requires employees to resolve ethical questions is?
A code of conduct is a formal statement that defines how the organization expects and requires employees to resolve ethical questions.
