How does transparency and communication relate to the ethical decision making," Individual Approach
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How does transparency and communication relate to the ethical decision making," Individual Approach."
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- 1. why ethical decision-making is essential in an organization, 2. what are the possible effects that ethical violations/unethical behaviors can have on the organization and its stakeholders.Examine the factors that led to Bain & Co's loss of the trust of stakeholders, and how this negatively impacted the organisation. Introduction and definition of trust Factors that led to Bain and Co losing trust in stakeholders ConclusionWhat is 'Displacement of responsibility'? How it will happen in upper management group in a company? And how to avoid this?
- Explain,, How can participative management be effectively integrated into hierarchical organizational structures, and what strategies can organizations employ to bridge the gap between top-down decision-making and employee involvement?What is trust, and how does it relate to justice and ethics? In what three sources can trust be rooted? What is the four-component model of ethical decision-making?how is ethical leadership going to be affected by current and future challenges
- 1. Crane and Matten define ethical theories as “the______ and principles that determine right and wrong for a given situation. 2. De George (1999) suggests two extremes in locating a place for ethical theory. What are these two extremes? a) Normative / instrumental. b) Moral / immoral. c) Absolutism/relativism. d) Religious / non-religious. 3. Consequentialist ethical perspectives base their moral judgment on the motivations and/or principles of the actors. a) True b) False 4. Match the major normative theories of business ethics with the rules they employ. a) Egoism = Self-interest b) Utilitarianism = Act or rule utility c) Ethics of duties = Categorical imperative d) Rights and justice = Respect for human beings 5. What, according to Theory, are the main problems with utilitarianism? Please select all that apply. a) Distribution of utility b) Subjectivity c) Limited social acceptability d)…"Managers can do a number of things if they’re serious about encouraging ethical behavior"If you are an organization manager, explain how you will encourage your employees to behave ethically?Decision-related conflict frequently revolves around an ethical conundrum of some kind. The best way to handle ethical dilemmas, according to Carter McNamara, is to prevent them from occurring in the first place. That is why actions like creating codes of ethics and conduct are so crucial. Employees become more ethically aware as a result of their development, which also lowers the likelihood that unethical behaviour will ever take place. What might have gone wrong if an organization did this and used a good DM strategy but still experienced issues with lingering conflict?What are the leaders of the company lacking? How could something that they are "not getting right" (or not getting at all!) be successfully challenged and corrected?
- What role does leadership play in how ethically organizations and its members act and perform?Richard L. Daft, Dorothy Marcic Understanding Management V2 10th Edition Question: The technique of stakeholder mapping lets managers classify which stakeholders they will consider more important and will invest more time to satisfy. Is it appropriate for management to define some stakeholders as more important than others? Should all stakeholders be considered equal?To what extend a leader’s decision could impact the performance/sale revenue of any tourism/hotel organization?
