REQUIRED:• please explain the photo attached (for our report) BUSINESS ETHICS is the study of business situations, activities and decisions whereissues of right and wrong are addressed. Baumhart defines "The Ethic of Business is theethics of Responsibility" meaning the businessman must promise that he will not harmknowingly. Also termed as a study of proper business policies and practices regardingpotentially controversial issues, such as corporate governance, insider trading, bribery,discrimination, corporate social responsibility, and fiduciary responsibilities. Ethical Standards and Adherence to thoseStandardsETHICAL STANDARDS - are principles established by the founders of organization thatwhen followed promote values such as trust, good behaviour, fairness, and or kindness.These standards are an important part of an organization's culture. They establish theparameters of behavior that owners and top executives expect from employees and also fromsuppliers, at least to the extent of their relationship with the organization.A corporate governance system will put a lot of effort into communicating and enforcingthe principles done usually through behaviour modelling which means that top executivesshould set the example of how lower-level employees should act.Few examples of these standards would be responsibility, honesty, transparency orfairness and even though they might be interpreted differently by each person, companiesusually describe the founder's perspective of each value to avoid confusions.These principles should serve also as guidelines for decision-making process to helpemployees align their personal criteria with company's perspective as different ethical issuesarise within normal business activities.

Though many books have been written on ethics by philosophers, doing the right thing is at the heart…

Answered: BUSINESS ETHICS - is the study of…

Management, Loose-Leaf Version

13th Edition

ISBN:9781305969308

Author:Richard L. Daft

Publisher:Richard L. Daft

Chapter9: Managerial Decision Making

Section: Chapter Questions

Problem 1ED

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EXPLAIN the knowing Key Concept: Attributes of an ethical corporate culture or an integrity-Based culture are a sense of employee responsibility, freedom to raise concerns without fear of retaliation, managers modeling ethical behavior and expressing the importance of integrity, an understanding by Leadership of the pressure points that drive unethical behavior, and processes to find and fix these areas of pressure.
Using Blake and Mouton’s Management Grid, demonstrate in detail how you would rate any four prominent African Presidents highlighting where you would place on the grid explaining the reasoning and basis. In the context of good corporate governance, if you had the privilege to be the presidential advisor to all of these presidents during their term, demonstrate the areas you would seek to help them improve based on how they are rated on the grid.
1. Identify a leader or a founder of an organization or a group that is serving the good of society. 2. Name the founder of that group/ organization and say something about why he/ she started the group. Say also why the group is successful in reaching its goals. - The founder is the one who established and set the vision-mission of an organization or a group. Even if the founder leaves, organizations recognize him or her due to his or her work in establishing the organization or group. Essentially, the founder does not establish an organization or a group for no reason. Every founder is inspired to establish an organization or group to leave an advocacy that reflects his or her values and beliefs.
True or False 1. The antitrust view is based on which of the following assumptions? 2. The rational structure model is a model of business organization stressing informal power relations worked out through internal competition.
Explain the concepts of the leadership role, authorities, and accountabilities to the CEO. Provide examples to differentiate between leadership and non-leadership roles in the organization. How could these concepts help improve the organization, and why? Are you a leader in this class?
Prove or disprove the contention of Peter Drucker, a management guru, stating that "Business is created and managed by people, not by forces." Support your arguments with your knowledge about the environmental forces.
3. Which of the following is not a reason why a leader should support ethical 1 point behavior? OA. Increases trust and respect at all levels B. Encourages early detection of problem areas and ethics violations C. Is required before stock options can be issued to the individual O D. Helps ensure the long-term viability of the enterprise 4. Which of the following is not a reason why people make bad decisions? OA. They feel entitled. B. They do not think they will be caught. C. They lack resources. OD. They do not view the act as illegal. 2 1 point
1) If you were making a speech to company personnel, what would you tell them about the kind of corporate culture you would like to have at this company? What specific cultural traits would you like the company to have? Explain
Ethical leadership is a cornerstone of effective management, influencing organizational culture, decision-making, and long-term sustainability. Managers are entrusted with the responsibility of setting ethical standards, modeling ethical behavior, and ensuring that business practices align with moral principles. Upholding transparency, honesty, and integrity fosters trust among employees and stakeholders, contributing to a positive and responsible corporate image. Question: How can managers proactively cultivate an ethical organizational culture, and what strategies can be employed to ensure that ethical considerations are integrated into all aspects of decision-making and operations?
1. The world of the manager is full of responsibility such as uncertainty, ambiguity, and sudden threats from all aspects, workplace, environment, peers and rank and title. Describe the skills and qualities that are required to managers under these conditions. B) Discuss, describe the advantages and disadvantages of teams. Give a situation wherein the disadvantages outweigh the advantages? c) Based on your experience at work or school, describe some ways in which the principles of a scientific management and bureaucracy are still used in organizations. Do you believe these characteristics will ever cease to be a part of organizational life? Discuss. d) Why is procurement considered such an important part of operations management? What are some of the major changes in the procurement process in the recent years? e) Do you see yourself as having leader qualities or manager qualities? Do you think you will become a better leader/manager by developing the characteristics you already have…
How do you evaluate the organization’s motivation, innovation strategy and people strategy. Explain how the organization monitors ethics. Discuss the organization’s corporate social responsibility plan. Discuss the culture of the organization. Analyze an organization’s environment. Evaluate the organization’s competitive position and possibilities, potential generic strategies for an organization, potential value disciplines for an organization, and potential grand strategies for an organization.
Bryson's 10 step strategy change cycle from the textbook (Chapter 2) and 8 managerial tips for organizational changes from the article by Fernandez & Rainey. With these in mind, please answer the below. (2) Explain what you think is the most critical step for an organization to successfully and strategically change (Be sure to have a direct textbook reference when answering this question). Textbook and Article: Managing Successful Organizational Change in the Public Sector Author(s): Sergio Fernandez and Hal G. Rainey Source: Public Administration Review, Mar. - Apr., 2006, Vol. 66, No. 2 (Mar. - Apr., 2006), pp. 168-176 Published by: Wiley on behalf of the American Society for Public Administration Stable URL: https://www.jstor.org/stable/3542671 Bryson, J. M. (2018). Strategic planning for public and nonprofit organizations: A guide to strengthening and…

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