Business Ethics

SEQ CHAPTER h r 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 pursuit of enjoyment or economic self interest , and moral business enterprise and committedness Both of these drive ethical behavior . Organizations are interested in ethics as way of managing liability , maintaining a good repute , and because of believe in and commitment to doing things rightThe Media Focus on Ethics and Corporate ReputationThere is a affinity between media coverage and reputation . Media coverage may rivet on the negative and positive extremes of organizational activities . Negative coverage of corporate scandals can result 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 About EthicsManagers are concerned with preventing unethical behavior and encouraging ethical 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 pursuit of the bottom lineExecutive leaders Care About EthicsConfidence and trust in a caller s ethics translates into that society s economic strength . 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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