As a manager and leader, how do you navigate between what is best for the business and what is right (ethical)? Is there a distinction between what is legal and what may or may not be ethical and vice versa?
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As a manager and leader, how do you navigate between what is best for the business and what is right (ethical)? Is there a distinction between what is legal and what may or may not be ethical and vice versa?
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- What is a moral entrepreneur?It is important for an organization to be ethical and to be seen as being ethical. Faced with a challenging business environment, how should organizations address and resolve ethical dilemmas that they face?What are the most important ethical considerations that managers must take into account when making business decisions, and how can they balance competing priorities and obligations to ensure that their actions align with their values?
- In your own words, explain the differences between Ethical Universalism and Ethical Relativism.What is the relationship between Ethics and Business? Please use examples from current events as it relates to business, economics, and society. Is ethics necessary for leadership or is leadership necessary for ethics? Why do we need to be able to convincingly explain why something should be viewed as right and fair?Please reflect on and briefly discuss Ancient Greek Ethical philosophy. How do you think they could be relevant to the present ethical concerns/dilemmas?
- Why do management need to have philosophical foundations in relation to business ethics. Cite concrete management situations that would illustrate the application of philosophy?As a business leader over the course of your career you will establish patterns of behavior that determine what's capable and what's not within your organization. Create a Code of Ethics for your organization that explains acceptable behavior towards employees, customers, and suppliers. Your Code of Ethics could be a list of guidelines that explains everyone's responsibilities within the organization, or statements of goals for everyone in the organization to meet or exceed, or policies that must be followed to promote ethical behavior from everyone in the organization.What are normative business ethics, and how can their application enable a business to create an ethical atmosphere? Discuss your opinion and support your claims/arguments with key research findings.