Business Ethics

SEQ CHAPTER \h 1 Chapter 2 : Why Be estimable (Why bother ? Who C arsChapter Summary Why Be Ethical (Why bother ? Who Cares ) Chapter SummaryThe purpose of this chapter is to help students develop great engage in the field and study of business ethicsThe motive to Be EthicalAccording to Etzioni the two sources of human action are the stake of delight or economic self interest , and deterrent example anxiety and cargo Both of these drive honourable bearing . Organizations are interested in ethics as delegacy of managing obligation , maintaining a good character , and because of believe in and commitment to doing things rightThe Media Focus on Ethics and Corporate ReputationThere is a race between media reportage and reputation . Media coverage whitethorn boil down on the negative and positive extremes of organizat ional activities . Negative coverage of corporate scandals can depart in damaged reputation and lost revenues .

Positive coverage of organizations who go the extra ml to do right can result in intensify reputation and increased revenuesManagers Care near EthicsManagers are pertain with preventing unethical behavior and encouraging ethical behavior among subordinates . Managers must(prenominal) prevent employees from shortchanging customers , fudging sales numbers , or change traffic with competitors and suppliers in response to competition and pursuit of the substructure lineExecutive leaders Care About EthicsConfidence and trust in a hostelry s ethics translates into that soci ety s economic strength . Executives as lea! ders create and maintain an organization s ethical assimilation , which has kind , political , and moral elements , as...If you want to get a spacious essay, order it on our website: OrderEssay.net

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