MN7181 - Ethical Management


Ethical Management 


According to the definition of business ethics it is discussed about the continuing business activities according to standards, moral and self-acknowledgements. Its basically discuss along with the structure of moral principles and code of conduct which are applicable for business entities. (Paauwe, 2009) Business ethics are not only limited to discuss along with discussion point of customers but also more with the society at large consents. It might create with development of right or wrong thing in business point of views. (Klerck, 2009)

Further to discussion point it is not associated with external parties to evaluated but within the internal parties as well concluding to clients and employees of organization. Provide with respects to each other adhere to the rules and regulation and maintaining standards would be supportive over the ethical standard developments. (Johnason, 2009) Business ethics would supportive will beneficial to the societal as well as business interests.

In every strategic decision point, it is handed with moral consequence. The key aim is to be developed along with dealing with moral complications. Through ethical business orientation is supportive to initiate with working environment proper with work force, high level of sales, regulation compliances, customer satisfaction and good will maintenance. 


There are several types of ethical issues are practicing within companies among interaction between companies and customers, companies and general public, among shareholders, environmental factors, employee rights and safety environment (Merkle, 1980).

There are different types of ethical practices need to be followed with successful business environment inclusive of:
1.      Protect basic employee rights within the entity.
2.      Development of health and safety environment.
3.      Further reliable environmental protection supportive.
4.      Meet with community obligation need to be protect within the company.
5.      The policies and procedures of the Company should be updated regularly.
6.      No child labor and manage with human rights.
7.      Reliable advertising and provide truthful information.
8.      Adhere to the safety standard of product that need to meet with quality standards and technical needs.
9.      Data protection and supportive with to manage confidential data in proper way.
10.  Provide with ethical business environment and manage the processing activities without harming the environment.

References


Johnason, P 2009, HRM in changing organizational contexts. In D. G.Collings & G. Wood (Eds.), 
Human resource management. London.

Klerck, G 2009, Industrial relations and human resource management". In D. G. Collings & G. Wood 
. Human resource management: A critical approach , 238-259.

Merkle, JA 1980, Management and Ideology. University of California Press.

Paauwe, J 2009, Strategic HRM: A critical review. In D. G. Collings, G. Wood (Eds.) & M.A. Reid, 
Human resource management: A critical approach. London: Routledge.



Comments

  1. Janith Prabasha10 January 2020 at 11:35

    This is a topic which is currently trending which organizations need to addressed towards their stability. According to Petrick and Quinn, (1997) ethics ‘is the study of individual and collective moral awareness, judgement, character and conduct’. Good explanation with proper references. Good luck!

    ReplyDelete
  2. sanjaya10 January 2020 at 17:05

    Acting in ways consistent with what society and individuals typically think are good values. Ethical behavior tends to be good for business and involves demonstrating respect for key moral principles that include honesty, fairness, equality, dignity, diversity and individual rights.

    ReplyDelete
  3. Nalaka Herath11 January 2020 at 11:41

    Managerial ethics is a set of principles and rules dictated by upper management that define what is right and what is wrong in an organization. It is the guideline that helps direct a lower manager's decisions in the scope of his or her job when a conflict of values is presented.

    ReplyDelete
  4. Rasika MBA 11 January 2020 at 17:11

    Major discussion on business ethics and perspectives to effects of business goals have been discussed .quite new literature has been imposed to elaborate the content . If relates to practicle secario , write would be much successful

    ReplyDelete
  5. Sameera Madhawa Thalakotune 11 January 2020 at 17:27

    Ethics is the code of moral principles and values that governs the behaviors of a person or group with respect to what is right or wrong. Ethics sets standards as to what is good or bad in conduct and decision making. An ethical issue is present in a situation when the actions of a person or organization may harm or benefit others.

    ReplyDelete
  6. Viraj11 January 2020 at 21:03

    Well explained and you have done details regarding the ethical manejmant great

    ReplyDelete
  7. Chandana kumara17 January 2020 at 05:05

    You have explained well about the ethical managemant. I learned some key points of ethical managent through this post. Thank you.

    ReplyDelete

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