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Ethical behavior in an organization - Essay Example

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How can an organization achieve and maintain a pattern of ethical behavior? One of the ways in which an organization can achieve and maintain a modicum of ethical behavior is by adopting a Code of Ethics. The Code of Ethics adopted by a business organization reflects its approach to business and also defines it's values and standards…
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Ethical behavior in an organization

Download file to see previous pages... In other words it acts as the road map or set of guidelines to help the firm in acting and conducting itself in a socially and commercially acceptable manner. A well designed code of ethics will help highlight the resources available to achieve various goals set at the personal and corporate levels. A good code of ethics document will inspire confidence in all associates – like suppliers, clients and employees. Equally important is liaising with regulators, which is often overlooked amidst other pressing priorities. It is understood that a regulatory atmosphere conducive to fair and competitive business can help raise ethical standards of all parties involved. It is important that the code of ethics document exhibits a keen awareness of this reality. This would imply foresight and visionary thinking on part of its planners. (Blackburn, 2001) But it is crucial to understand that the entrenched profit-motive of many business organizations make ethical behavior hard to implement. A case in point is the Public Relations industry which offers its services to other manufacturing and service industries. The concept of marketing commodities in a consumer market had long drawn the criticism of ethicists. On a broader perspective, the inherently weak moral imperative of capitalist culture makes this outcome inevitable. ...Download file to see next pagesRead More
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