Business Ethics

SEQ CHAPTER h r 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 range and study of business ethicsThe penury to Be EthicalAccording to Etzioni the two sources of merciful action are the interest group of delight or scotch self interest , and in effect(p) anxiety and cargo two of these drive respectable doings . Organizations are interested in ethics as dash of managing obligation , opposeing 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 character . Media coverage may boil down on the negative and positive extremes of organisational activities . Negative coverage of unified scandals can core in damaged reputation and helpless revenues .

Positive coverage of organizations who go the extra ml to do right can result in intensify reputation and increased revenuesManagers Care round EthicsManagers are pertain with preventing wrong behavior and encouraging ethical behavior among subordinates . Managers must(prenominal) prevent employees from shortchanging customers , fudging gross revenue numbers , or prejudicious traffic with competitors and suppliers in receipt to competition and pursuit of the bottom(a) lineExecutive leaders Care near EthicsConfidence and trust in a hostelry s ethics translates into that inn s economic strength . Executives as leaders create and maintain an organization s ethical agriculture , which has kind , political , and honorable elements , as...If you want to get a spacious essay, order it on our website: Ordercustompaper.com

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