Business Ethics

SEQ CHAPTER \h 1 Chapter 2 : Why Be estimable (Why bother ? Who C arsChapter Summary Why Be Ethical (Why bother ? Who Cares ) Chapter SummaryThe purpose of this chapter is to help students develop greater fire in the field and study of business ethicsThe motivation to Be EthicalAccording to Etzioni the two sources of human action are the sake of enjoyment or economic self interest , and good business enterprise and committedness Both of these drive good behavior . Organizations are interested in ethics as way of managing liability , maintaining a good repute , and because of deal in and commitment to doing things rightThe Media Focus on Ethics and collective ReputationThere is a affinity between media reportage and reputation . Media coverage may rivet on the negative and positive extremes of organizational activi ties . Negative coverage of corporate scandals can attract out in damaged reputation and lost revenues .

Positive coverage of organizations who go the extra knot to do right can result in raise reputation and increased revenuesManagers Care intimately EthicsManagers are concerned with preventing un respectable behavior and encouraging honourable behavior among subordinates . Managers moldiness prevent employees from shortchanging customers , fudging sales numbers , or damaging dealing with competitors and suppliers in response to competition and following of the bottom lineExecutive leaders Care About EthicsConfide nce and trust in a caller s ethics translat! es into that society s economic faculty . Executives as leaders create and maintain an organization s ethical culture , which has kindly , political , and moral elements , as...If you want to get a honest essay, order it on our website: OrderCustomPaper.com

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