Free

Ethics in Contemporary organizations - Essay Example

Comments (0) Cite this document
Summary
In business sense, the cultural environment of the organization influences the decision taken by either the management or the employers hence the need to decide what is wrong or right. To understand ethics…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.3% of users find it useful
Ethics in Contemporary organizations
Read TextPreview

Extract of sample "Ethics in Contemporary organizations"

Ethics in Contemporary Organizations Ethics is the moral judgment of an individual on what is right or wrong. In business sense, the cultural environment of the organization influences the decision taken by either the management or the employers hence the need to decide what is wrong or right. To understand ethics in a business setting the management should create ethical rules and regulations and ensure that every worker reads and understands them. They should also allow the workers to participate while making the rules to ensure that they are comfortable and valuable to every employee in the organization.
Ethnic leaders should have strong moral values and principles and are able to control their feelings. As such, they should be able to handle stressful situations through self-control and tolerance. Such leaders should always strive for success and be able to balance their personal and professional lives. Additionally, good leaders should learn new strategies to handle issues through scholarly means, advance their learning skills and seeking feedback from the rest of the crew ethical leaders should always be energetic at their work to set a good example to the workers and increase the effectiveness of the organization (Dhar & Indian Society for Training & Development, 2009 ). As such, organizational leaders ought to have high ethical standards as it encourages the employees in organization to meet the same level of ethnicity. An ethical leader enhances the reputation of the company and this increases the effectiveness of the organization.
An ethical organization attracts customers and this helps in the boosting of the sales and profits of the company. As such, the investors of the business are always at peace that their money is being used in the right way. Ethical employees adhere to the rules and regulations of the organization and ensure that they offer quality services to the company (Dhar & Indian Society for Training & Development, 2009).With this; these principles ensure that employees stay and meet the goals hence increasing the productivity. An organization with high moral principles strives to keep its customers by making sure that they provide insurance covers to them. Increasing the employees’ retention reduces the cost of replacing more employees. The principles ensure that the organization keeps the talented work and this increases the organizations productivity.
A principled company ensures that there is a good relationship between the management and the vendors. Through this, the leaders make certain that vendors are paid on time and are treated fairly. This ensures that the goods requested are brought on time and that customers do not lack and this builds confidence in the organization. A moral company ensures that they live in peace and harmony with the community and makes sure that they keep their words and promises to the society thus solidify trust from the community.
An organization set for success should have an ethical culture to ensure its effectiveness. As such, it is the management’s duty to create rules and make sure that they are followed. Additionally, everyone in an organization should follow these rules to enhance the reputation of the company. Every worker should be focused on advancing on their skills to offer quality services to the organization.
Organizational ethics is the principles of an organization and its reaction to internal or external stimuli. It states the worth of an organization to the employees, the government and the community at large. There are two approaches regarding the subject that is the individualistic approach and the communal approach. Each of the approaches views ethical principles in diverse angles that are used to solve ethical problems. More often than not, an organizational principle reflects more on the individualistic approach as the each person is responsible for his or her own actions.
References
Dhar, S., & Indian Society for Training & Development. (2009). Value based management for organizational excellence. New Delhi: Indian Society for Training & Development. Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Ethics in Contemporary organizations Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Ethics in Contemporary organizations Essay Example | Topics and Well Written Essays - 500 words. Retrieved from https://studentshare.org/social-science/1657355-ethics-in-contemporary-organizations
(Ethics in Contemporary Organizations Essay Example | Topics and Well Written Essays - 500 Words)
Ethics in Contemporary Organizations Essay Example | Topics and Well Written Essays - 500 Words. https://studentshare.org/social-science/1657355-ethics-in-contemporary-organizations.
“Ethics in Contemporary Organizations Essay Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/social-science/1657355-ethics-in-contemporary-organizations.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Ethics in Contemporary organizations

Ethics in Organizations

...? Ethics in Organizations Contents Executive summary 3 Introduction to the company 3 Corporate Vision/Mission 4 Corporate Objective/ strategy 4 Company Present situation from the perspective of: 5 Business Ethics 5 Social Responsibility of Business 5 Corporate Governance 6 HR Ethics 6 Organizational Culture 7 Research Methodology 7 Type of Data Collected 8 Findings 8 Limitation in Research 12 Recommendation 12 Conclusions 13 Appendices 13 Bibliography 15 Executive summary General Electric is one of the topmost companies in the world which acts fully on the process of innovation to render significant productivity. The research paper in this accord endeavours to understand...
10 Pages(2500 words)Term Paper

Ethics and Communications in Organizations

Thus, ethics maintain great significance in everyday human life, where their importance multiplies within the organizational behavior during the course of offering one’s services in one way or the other. Professional ethics also suggest the personnel in respect of developing pleasant and amicable relationships with the management, colleagues, subordinates, clients and the general public at large, through an adequate communication system, which is vehemently important for climbing the ladder of success and growth in one’s career for the future years to come. The contemporary era has made imperative alterations in all fields of human life. The world’s turning into a global village has established such type of busin...
8 Pages(2000 words)Essay

Ethics, Professionalism and Contemporary Issues

...Ethics, Professionalism and Contemporary Issues Introduction of Human Trafficking This case concerns the contribution that technology has in human trafficking matters. Technology can either increase or decrease human trafficking depending on how its users engage it. This is according to statistics in the article that appeared in the Judges’ Journal of 2013 (Dixon). In view of technology versus human trafficking, this case considers the risk posed by my online role-playing game, to the teenagers, among whom the game is popular. Throughout the design steps, there were minor considerations of the possible risks this game poses to the players, as far as human trafficking is concerned. However, a concerned...
5 Pages(1250 words)Essay

Ethics, professionalism and contemporary Issues

...Use of technology in Human Trafficking Human trafficking is an organized criminal activity whereby human beings are treated as possession to be controlled and exploited usually for prostitution or involuntary labour. In the United States of America; an estimated one thousand people are trafficked into the country every year, despite human trafficking being illegal. This can partly be blamed on the recent financial crisis that most parts of the world have been undergoing. It has become increasingly difficult for people to get employment and so may are willing to take the risk of seeking employment in other countries. This makes them easy targets to forced labour and prostitution; the main countries in which this vice of...
4 Pages(1000 words)Essay

Groups and Teams in the Contemporary Organizations

...Groups and Teams in the Contemporary Organizations Introduction Groups and teams have made their mark within the contemporary organizations as these have brought together the strengths of the employees. This has meant that the employees have understood each other well and have thus manifested the basis of their growth through the combined efforts and endeavors. The most important recipient is indeed the organization which is doing its best to bring together these people in the forms of groups and teams so that a collective vision can have better and sounder results at the end of the day. What these groups and teams have done essentially is to make one...
7 Pages(1750 words)Essay

Contemporary Issues and Ethics

...Contemporary Issues and Ethics Considering the world that we live in and the knowledge that we have today of our surroundings, no one can claim not to know the reality of the effects that the recent human developments is having on our environment. Effects of green house gases, deforestation, and industrial waste have been in the headlines for a while now, which makes it the ethical responsibility for Engineers to design with consideration. The recent expansion of cities has meant cutting down of forest without finding a suitable alternatives for the wildlife that resides there (Kultgen 1988). This has meant that the animals have been forced to find food sources in other places,...
1 Pages(250 words)Essay

Ethics in Organizations: On Witnessing a Fraud

...Ethics in Organizations: On Witnessing a Fraud 1. There are two ethical problems in this case. Identify both issues. Which one is a relatively simple problem and which one is a complex problem? Joe’s Supervisor is asking him to commit fraud and the other issue is subtle bribery as a reward for cooperation. The fraud is a simple ethical problem to detect for it was blatant. Joe knew that the surge had only fried a few underground wires and computer circuits, which would have to be replaced at about a cost of $15,000 and being asked to dig up nearly all the under-ground and cable, then dispose of it before the insurance adjuster arrived to have a repair job that would come to $600,000 is a glaring fraud and easier to refuse... . But the...
2 Pages(500 words)Essay

Contemporary problem with ( Sales Ethics )

...CONTEMPORARY PROBLEM WITH SALES ETHICS Table of Contents Table of Contents 2 Introduction 3 Importance of Ethics in Sales 3 Ethical Issues in Sales 4Sales People 5 Customers 5 Employers 6 Effects of Unethical Selling 7 Conclusions and Recommendations 7 References 10 Bibliography 12 Introduction In todays world, the recognition, identification and proper dealing with issues related to business ethics is one of the top priority for most of the business organizations. A significant number of business scandals that have been reported in recent years are typically the consequences of fraudulent activities carried out in various business...
8 Pages(2000 words)Literature review

Exploring ethics in contemporary business

...Exploring Ethics in Contemporary Business Exploring Ethics in Contemporary Business Introduction Decision-making in an organisation denotes a process where the management or group members engage in a procedure to select the best solution among other alternatives. In an organisation, decisions are based on the organisational structure. In a hierarchical structure, the decision-making process is a preserve of the management. However, in a flat organisational structure, other employees are given an opportunity to take part in decision-making (Guest & Woodrow, 2012). Decisions within an organisation are made on a daily basis as part of improving the efficiency of an...
11 Pages(2750 words)Assignment

Teams in Contemporary Organizations

... Teams in Contemporary Organizations Introduction The present global business environment is extremely dynamic in nature. Globalization, increase in demand of high-quality products, dynamic business environments, need for higher employee satisfaction and productivity along with cost-reductions and advances in technology have resulted in a paradigm shift in the structure of the organizations (Shonk, 1992). Organizations now are moving to a flexible organizational structure from the old closed organizational hierarchy which had one-way communications only. To survive in the current business scenario, it is necessary that organizations perform their...
10 Pages(2500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Ethics in Contemporary organizations for FREE!

Contact Us