Management Week 6 Quiz

During my research a lot of leadership and management theories I have read, watched and listened to in various fields have lead me to believe most come to the same conclusion. I have taken a wide range of examples which I feel to be the most relevant to me and my role.

1. In order to implement an organizations commitment to social responsibility it is necessary to identify what social problem the organization intends to address, develop policies on what the organization plans to do to successfully fulfill its obligation and ensure stakeholder buy-in. The main obstacles an organization faces when implementing socially responsible policies is pressure from stockholders and business analysis who want steady increase in earnings. Without steady increase in profits, it becomes difficult to reinvest money in these areas. The following actions can be taken toward increased social responsibility:

Apply the ethical decision making model presented in week one lectures (adapted from Beemsterboer, 2010; Velasquez et al, 2009) to the case study.

Question # 1: Why did you include each specific element? Discuss the elements you believe set the foundation for ethical behavior.

3. Analyze your response above and decide what type(s) of ethical thinking you used. Did you use deontological, consequentialist, or virtue ethics?

Archie Carroll proposes that the ethical responsibility of an organization’s management is to follow the generally held beliefs, about the behavior in a society. In the ethical responsibilities approach suggests that business must embrace their actions, standards, practices and norms that even though they are not classified as a law or regulation. Other aspect of the ethical expectation requires that businesses must conduct operations while not compromising ethical norms. The goal of these expectations requires employees to be responsible to the fullest existent of norms, business standards, values, and principles with respect to the stakeholders’ moral rights. This can be achieved in a fair and objective manner, even when laws do not provide guidance or other courses of action.

Connect the six stages of Moral Development to the various philosophical traditions discussed in the text book, notes and in the Harvard Justice lecture series, i.e. Deontological, Utilitarian/Consequentialist and Teleological and to their philosophical origins i.e. Aristotle, Kant, Bentham etc.

Personal, cultural, and professional values and morals make up the ethics that drive the decision making process for most individuals and businesses in our society. Ethics reflect our conscience, morality and how we apply these concepts in deciding right from wrong (Covey, 1994, p. 66). Ethical awareness is critical for how we conduct our lives and make choices in the workplace; by defining moral values through a religious faith based following, ethical principles can be developed that guide us in identifying and fulfilling our personal goals and social responsibilities, allowing individuals and businesses alike to become more productive members of society.

Respond to the prompt for each of the five ethical theories listed. One section on each chart has been filled in as an example.

25) An ethics program is expected to have a ________ impact on the firm's share price.

Ethics will always play a big part in our everyday lives. We deal with ethics issues everyday with

• Describe the social implications of business ethics facing the selected business in its different areas or activity (P3)

A3. Develop one personal ethical business dilemma that can measure and employee understanding of the company’s ethical standards.

n chapter 4 of Understanding Management, the text defines ethics as “the code of moral principles and values that governs the behaviors of a person or group with respect to what is right or wrong.” Although I knew the defining characteristics of ethics prior to the course reading, I did not know that moral development has three distinct stages: preconventional, conventional, and postconventional. In the preconventional stage of moral development, people act in self- interest. This stage is most common in children up to the age of nine. People in this stage are only obedient because they wish to avoid punishment. However, in the conventional stage; a person can live up to social expectations and uphold the law. Most managers function in the conventional stage of moral development. It is not until the

In chapter 4 of Understanding Management, the text defines ethics as “the code of moral principles and values that governs the behaviors of a person or group with respect to what is right or wrong.” Although I knew the defining characteristics of ethics prior to the course reading, I did not know that moral development has three distinct stages: preconventional, conventional, and postconventional. In the preconventional stage of moral development, people act in self- interest. This stage is most common in children up to the age of nine. People in this stage are only obedient because they wish to avoid punishment. However, the conventional stage, a person can live up to social expectations and uphold the law. Most managers function in this stage of moral development. It is not until the postconventional stage that people start acting in a way that reflects their own set of internal values. At this last stage, an individual can use their moral compass and make decisions that balance concern for others and the common good. Unfortunately, only approximately 20 percent of American adults ever reach the postconventional stage. By learning the stages of moral development, I have gained a much-needed insight into the way individuals operate.