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Management ethics refers to the accepted standard of behaviour by those in managerial positions. It is essentially concerned with the following:
i. The obligations that managers have to their various stakeholders: employees, customers, shareholders, and the community
ii. Topics at the cutting edge of business ethics, including the ethics of supply chain management, as well as dealing with the press and non governmental agencies
iii. The concepts of sustainability and triple bottom line accounting
iv. A manager’s station and his duties: the function of being a manage
v. Stockholder management or stakeholder management
vi. The ethical treatment of employees and customers
vii. Corporate social responsibility
viii. Moral imagination, stakeholder theory and systems thinking: one approach to management
ix. Decision-making
x. Leadership
Ethics is the defining issue for today's organizations. Companies, professional firms and individuals alike are being held increasingly accountable for their actions, as demand grows for higher standards of corporate social responsibility. Today we are judged not only on the financial performance of our organizations, but also on whether we are good corporate citizens. And at the heart of corporate citizenship is organizational ethics.
Kavungya answered the question on April 28, 2021 at 09:21
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Ngure is worried about communication and the level of motivation among the employees of the enterprise. He feels that at the fortnightly meetings he had held, all his mangers and staff listened carefully, but judging from their actions, he has begun to wonder whether they had understood what he said. Ngure has noted that many o his policies were not being strictly followed,. For instance, in the stores, he often had to re-write advertising messages, while in some of the depots, the employees were talking of joining a workers union.
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Date posted: April 27, 2021. Answers (1)
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