Essay on Managerial Ethics - 1603 Words

Managerial Ethics In today’s fast paced business world many managers face tough decisions when walking the thin line between what’s legal and what’s socially unacceptable. It is becoming more and more important for organisations to consider many more factors, especially ethically, other than maximising profits in order to be more competitive or even survive in today’s business arena. The first part of this essay will discuss managerial ethics[1] and the relevant concepts and theories that affect ethical decision making, such as the Utilitarian, Individualism, Moral rights approach theories, the social responsibility of organisations to stakeholders and their responses to social demands, with specific reference to a case study presenting†¦show more content†¦It is not illegal to sell solvents to young people, but is it ethical to do so when you as the manager/owner knew they where causing harm? Managers guide their ethical decision making using different approaches based on the norms and values. In this case, we can identify that the Mr Meek has been pursuing the Moral rights approach â€Å"which asserts that human beings have rights that cannot be taken away by anyone’s decision† (Samson and Daft, 2005, p.160). From a different aspect, the policeman Senior Sergeant Tony Bouchier, acting from the general legal environment perspective, has started a campaign concentrating community pressure to force Mr Meek to stop selling the solvents, is forcing the Individualism approach which is â€Å"asserting that acts are moral when they promote each individuals best long-term interests†, which are each of the children, the community, Mr Meek’s better garage reputation, â€Å"which ultimately leads to the greater good† (Samson and Daft, 2005, p.160). Different factors affect ethical decisions. Many believe that individual’s integrity is what individual use as the basis to make an ethical decision (Paine, 1994). It is more of a personal reflection based on beliefs, values and attitudes. There are three levels of personal moral development shown in the book Management by Samson and Daft. Mr Meek seems to fallShow MoreRelatedManagerial Ethics: Enron Case Study1392 Words   |  6 PagesNevertheless, we will use this example to discuss some of the issues in managerial ethics. Theoretical Frameworks There are a number of different theoretical frameworks that have been proposed to evaluate ethical decision-making in business. Most of these are loosely based on philosophical tradition, the thinking of Kant (deontological ethics) and Mill (utilitarianism) being the most important of the two. Deontological ethics rests on the idea that there are set rules that must be abided by underRead MoreSocial Responsibility and Managerial Ethics1527 Words   |  7 PagesTransilvania University of Brasov. Series VII: Social Sciences. Law, (52), 207-212. Retrieved from EBSCOhost. Lin-Hi, Nick (2008). Corporate Social Responsibility: An Investment in Social Cooperation for Mutual Advantage, Wittenberg Center for Global Ethics Discussion Paper, 2008-6. Porter, M. E., Kramer, M. R. (2006). Strategy and society: The link between competitive advantage and corporate social responsibility. Harvard Business Review, 84(12), 78-92. Robbins, Bergman, Stagg, Coulter (2008). ManagementRead MoreChapter 1 M anagerial Accounting, the Business Organization, and Professional Ethics7756 Words   |  32 Pages |33 |39, 40, 42 |55 | |accounting information. | | | | | |LO2: Explain why ethics is important to management|A3 |37, 38 |47, 49, 40 |51, 55 | |accountants. | | | | Read MoreManaging Organizational Behavior And Management1720 Words   |  7 Pagesbehavior is a complex issue which requires application of various managerial skills and competencies. In order for the management to be effective in carrying out its functions of controlling, leading, planning and organizing which more often than not involve the participation of the non-managerial staff, it needs to be effective in managing the behavior of its employees. Effective motivation of employees and observation of ethics in dealing with the staff greatly influences the effectiveness of theRead MoreEthical Challenges Faced By Mcdonald s1338 Words   |  6 PagesEthical challenges faced by McDonald’s Introduction Globalization and industrialization has influenced international business and ethics to consider a different approach to culture. There are certain perspectives to culture which demand change in the organizational and managerial functions. International companies today formulate separate business plans to strategically overcome cultural and ethical challenges in host countries. Globalization has internationally integrated the world with respectRead MoreManagerial Economics And Management Decisions By C. M. Birch1702 Words   |  7 PagesIntroduction According to Managerial Economics and Management Decisions by C. M. Birch, Managerial Economics deals with understanding both internal and external factors within Micro- and Macro-economics. A company must be aware of not only their own sustainable capabilities, but also perform environmental scans to detect competitors and economic conditions. In the case of Samsung, many of these global factors played a substantial role in deciding the survivability rate of the company from succeedingRead MoreWhat Does Ethics Mean?987 Words   |  4 PagesWhat does Ethics mean? While there are many different meanings for ethics, one main meaning is, realistic assessments about the world that inform upon the grounding of normativity. Ethics focuses on the â€Å"right† and the â€Å"wrong.† Altruism theory is defined as a person acting from the motivation of principle or duty rather than from the motivation of any personal advantage (Page 45) and Deontology is a moral theory that emphasizes one’s duty to do a particular action just because the action, itselfRead MoreReporting Practices and Ethics Paper967 Words   |  4 PagesReporting Practices and Ethics Andy Hall HCS/405 August 30, 2011 Darrell Watts Reporting Practices and Ethics Proper, precise, and ethically sound financial management and reporting is required of all healthcare organizations. According to Wisconsin Government (1994), â€Å"agencies are required to have an effective financial management system as a condition of receiving federal funds. Federal and state rules and regulations establish several criteria that the financial systems of agencies receivingRead More Cost Accounting: Its role and ethical considerations Essay1054 Words   |  5 Pagesinformed judgements. The major areas of within the accounting are: Financial Accounting, Managerial Accounting/Cost Accounting and Auditing- Public Accounting Managerial accounting is concerned with the use of economic and financial information to plan and control the activities of an entity and to support the management in planning and decision-making process. Cost accounting is the subset of managerial accounting and it helps management in determination and accumulation of product, processRead MoreSelf Assessment1447 Words   |  6 Pageslesions learned from self assessment. We will observe of the influence of the American College of Healthcare Executives (ACHE) as a guiding force in setting ethical standards in the healthcare industry. This will lead us to discuss how our individual ethics influence our decision making. Lastly, a formulated strategy on enhancing future decision-making will be explained. Self-assessments of an individual’s abilities have proved to play a fundamental role in career-based decision making. Self-assessments

Faith Based Programs Are Effective With Changing Offender...

Do you believe that faith-based programs are effective with changing offender behavior? Well, even though there seem to be a lot of empirical precedents that suggest a â€Å"positive association between religious involvement and beneficial outcomes, existing outcomes research in faith-based settings have treated the faith in faith-based services as a contextual factor rather than a programmatic one† (Ferguson, Wu, Spruijt-Metz, Dyrness, n.d.). According to Fisher and Ragan (2003 2004), there are multiple studies conclude that faith-based services are effective, yet relatively few aim to identify the specific faith components related to successful outcomes . It is crucial for us to operationally and conceptually delineate what the faith†¦show more content†¦The study was only promising as long as they remained incarcerated. But, I found that only a few really wanted to make a change in their life and kept up some form of faith-based program once released. Then you had a large majority of individuals that did not follow up with any form of faith-base d programs once released. These were the ones that knew they were not going to follow this type of program once they were back in their neighborhoods and around the same negative peers that help them choice the wrong path or criminal act as a way of life. Therefore, for this reason and this reason alone I do not think that faith-based programs with changing offender behavior. It is only effective as long as they are incarcerated. What needs to be address as stated above is that we have to be able to identify the specific faith components related to successful and non-successful outcomes to gauge if it can continue to work not only inside but when they are released. The other thing that we need to understand is why would they use a faith-based program when they know they have no intension of changing their offender behavior? To me I sense deception on the offenders’ part. Do you believe that the current separation of church and state doctrine will legally permit the establishment of private public partnerships involving faith-based programs? There seems to a misconception about what individual believe about â€Å"partnerships amongst government and the religious community which

Turning Work in on Time (Work Ethic) Free Essays

Completing and turning assignments in on time and when asked is vital to success throughout not only school, but in the work force as well. The implementation of any task at the desired time of a teacher or employer creates a work ethic that is required by any current or future choice of career or job. Employers value employees who understand and possess a willingness to work hard. We will write a custom essay sample on Turning Work in on Time (Work Ethic) or any similar topic only for you Order Now In addition to working hard it is also important to work smart. This means learning the most efficient way to complete tasks and finding ways to save time while completing daily assignments. Doing more than is expected on the job is a good way to show that you have and know how to utilize good time management skills and don’t waste valuable time attending to personal issues not related to what is expected. Excuses are not accepted by anyone who expects something done a certain way, and the only way to make sure no excuses are made, is to do what is expected the right way, when expected. Doing so will not only prevent any totally avoidable consequences, but build a work ethic valued by teachers, professors, and employers everywhere. Compliance and the understanding that excuses are hardly ever tolerated will take someone much farther in life than always being late, lazy, and defiant. Dependency is directly related to the consistency of timing. Employers/teachers value employees/students who come to work/class on time, are there when they are supposed to be, and are responsible for their actions and behavior. Being dependable and responsible shows yours peers that you value your job or what is being taught, and that you are responsible for keeping up with yourself and the things that are expected of you. Reliability will build the foundation for trust from your peers, and confidence in yourself to work harder and be a successful employee or student that can be counted upon to complete a task efficiently. How to cite Turning Work in on Time (Work Ethic), Essays