ethical guidance of a combine typically communication, and a variety of othe a written code of ethics, n defines the values and principles

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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Please summarize this

progra
ethical con
guidance of a chief
training,
combine
t
typically
resources to guide employees. More
a written code of ethics,
t
also adopted
hat should be used to guide decisions.
motives, but if your employees don't
see them, they aren't going to mean
anything," says one ethics manager. To
be effective, a code must be supported
by employee communications efforts,
a formal training program, employee
commitment to follow it, and a system
through which employees can get help
with ethically difficult situations.
Но
Bel
Managers' Responsibilities
A written code of ethics, an ethics
hot line, employee training, and other
tactics are important parts of any
effort to ensure strong ethics in your
company, but nothing is more crucial
than the behavior of the company's
owners and managers-and if you're
the top executive, you're the most
important part of the equation. Your
actions say more about the company's
virtues than any program or poster.
4
8
9.
The gap between talk and action
has led to a credibility crisis in U.S.
F
CНAРТER 9
Transcribed Image Text:progra ethical con guidance of a chief training, combine t typically resources to guide employees. More a written code of ethics, t also adopted hat should be used to guide decisions. motives, but if your employees don't see them, they aren't going to mean anything," says one ethics manager. To be effective, a code must be supported by employee communications efforts, a formal training program, employee commitment to follow it, and a system through which employees can get help with ethically difficult situations. Но Bel Managers' Responsibilities A written code of ethics, an ethics hot line, employee training, and other tactics are important parts of any effort to ensure strong ethics in your company, but nothing is more crucial than the behavior of the company's owners and managers-and if you're the top executive, you're the most important part of the equation. Your actions say more about the company's virtues than any program or poster. 4 8 9. The gap between talk and action has led to a credibility crisis in U.S. F CНAРТER 9
Ethics in Business
The foundation of an ethical business
climate is ethical awareness and clear
standards of behavior. Organizations
that strongly enforce company codes
of conduct and provide ethics training
help employees recognize and reason
through ethical problems. Similarly,
companies with strong ethical practices
set a good example for employees to
follow. On the other hand, companies
that commit unethical acts in the
course of doing business open the door
for employees to follow suit.
To avoid such ethical breaches,
many companies proactively develop
programs designed to improve their
ethical conduct, often und
guidance of a chief ethics officer or
other top executive. These programs
typically
communication, and a variety of other
resources to guide employees. More
than 80 percent of large companies have
also adopted a written code of ethics,
which defines the values and principles
that should be used to guide decisions.
By itself, however, a code of ethics can't
accomplish much. "You can have grand
motives, but if your employees don't
see them, they aren't going to mean
anything," says one ethics manager. To
be effective, a code must be supported
by employee communications efforts,
a formal training program, employee
commitment to follow it, and a system
through which employees can get help
with ethically difficult situations.
er
the
combine
training,
How
Beh
Managers' Responsibilities
A written code of ethics, an ethics
hot line
4
Transcribed Image Text:Ethics in Business The foundation of an ethical business climate is ethical awareness and clear standards of behavior. Organizations that strongly enforce company codes of conduct and provide ethics training help employees recognize and reason through ethical problems. Similarly, companies with strong ethical practices set a good example for employees to follow. On the other hand, companies that commit unethical acts in the course of doing business open the door for employees to follow suit. To avoid such ethical breaches, many companies proactively develop programs designed to improve their ethical conduct, often und guidance of a chief ethics officer or other top executive. These programs typically communication, and a variety of other resources to guide employees. More than 80 percent of large companies have also adopted a written code of ethics, which defines the values and principles that should be used to guide decisions. By itself, however, a code of ethics can't accomplish much. "You can have grand motives, but if your employees don't see them, they aren't going to mean anything," says one ethics manager. To be effective, a code must be supported by employee communications efforts, a formal training program, employee commitment to follow it, and a system through which employees can get help with ethically difficult situations. er the combine training, How Beh Managers' Responsibilities A written code of ethics, an ethics hot line 4
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