Ethical Behavior - 790 Words

Introduction To Management Sharon Toney SUNY Empire State College Ethical Behavior In this chapter we look at the ethical behavior when it comes to business management. Ethics is defined as the code of moral principles that sets standards of good or bad, or right or wrong, in one’s conduct. You learn how ethical dilemmas complicate the workplace and how high ethical standards can be maintained. Social responsibilities and governance plays a part in ethical behavior as well. Ethical behavior is that which is accepted as â€Å"good† or â€Å"right† as opposed to â€Å"bad† or â€Å"wrong†. For the reason an action is not illegal does not necessarily make it ethical in a given situation. Values vary, so that brings up†¦show more content†¦Social responsibilities is an obligation of the organization to act in ways that serve both its own interest and the interest of its many stockholders. An organization’s social performance can be evaluated on how well it meets economic, legal, ethical, and discretionary responsibilit ies. Corporate strategies in response to demands for socially responsible behavior include obstruction, defense, accommodation, and pro action, with more progressive organizations taking proactive stances. Corporate governance is the responsibility of a Board of Directors to oversee the performance by top management of a firm. Managers should exercise ethical self-governance by making sure that performance is achieved with commitments to high ethical standards and by socially. When governance is weak and the corporate scandals occur, you will sometimes see government stepping in to try and correct things for the future. Laws are passed and regulating agencies are put in place in an attempt to better control and direct business behavior. The Sarbanes-Oxley Act is an example. It was passed by Congress in 2002 in response to public outcries over major ethics and business scandals; its goal is to ensure that top managers properly oversee the financial conduct of their organizations. The refore, ethical behavior plays an important role in the workplace as these principles determine the manner in which tasks are conducted by individuals, the moralShow MoreRelatedEthical Leadership : Unethical Behavior1568 Words   |  7 PagesEthical Leadership With all the recent unethical behavior in high profile cases. Someone may ask is there such a thing as ethical leadership? Leadership behaviors have a direct impact on the effectiveness and trust of the leader, the followers, and the organization. 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Furthermore, an ethical virtue demonstrated by a leader paves the foundation for their followers to behave with the same ethical behavior established within the organization thus establishing a followers’Read MoreWhat Do You Think Would Be More Effective for Shaping Long-Term Ethical Behavior in an Organization: a Written Code of Ethics Combined with Ethics Training or Strong Ethical Leadership? Which Would Have More Impact on You? Why?2200 Words   |  9 PagesEthical concerns are an essential area in business practices, which is applied within organizations to examine ethical principles and ethical dilemmas arisen. In order to form long-term ethical conduct within an organization, usually, a company would organize for ethical business policies, for example, establishing codes of ethics combined with training programs, or/and execute these ethical policies which means â€Å"leadership in delegation, communication and motivation of the company’s ethical positionRead MoreThe Ethics Of Ethical Behavior1491 Words   |  6 Pages Ethics can be described as the ideals and principles considered by individuals when determinin g acceptable behavior. Many individuals take into account socially established normalities and expectations when examining their own behavior. However, I find my ideals to be tied to Jean Paul Sartre’s existential views which assert that ethical behavior should be rooted in one’s personal ration ­alizations and a person’s actions should reflect free agency. Existentialism is a theory that stresses choiceRead MoreEthical Behavior And Ethical Behaviour1102 Words   |  5 PagesEthical behaviour is the ability to make decisions to act in the morally acceptable manner Dalke Ankerstar, 1995, p.7). It is critical in any organization because it helps in building a good reputation that becomes a company’s selling point. A good reputation enhances mutual understanding between the company and its publics that is the stakeholders, government, employees, customers and the general public. It gains the company a competitive edge in the business environment. It is a n essential elementRead MoreThe Challenge of Ethical Behavior823 Words   |  4 PagesThe Challenge of Ethical Behavior in Other Countries The requirements of day-to-day organizational performance are so compelling that there is little time or inclination to divert attention to the moral content of organizational decision-making. Morality appears to be so obscure in nature that it lacks substantive relation to performance. An effective organizational culture should encourage ethical behavior and discourage unethical behavior. Unfortunately, ethical behavior may end up costingRead MoreEthical Behavior Essay1104 Words   |  5 PagesThe Importance of Ethical Behavior and its Significance in Persuasion Ethical behavior is often seen as amoral when used for persuasive purposes. This is possible because persuasion may be used in unethical situations as well as ethical situations. Either way, it depends upon the person who is trying to persuade others. Adolf Hitler is an excellent example of someone who persuaded millions of people to behave unethically. On the other hand, Mother Teresa used persuasion for ethical reasons by caring