Category: Management

Professional Code of Ethics

Posted on By Finance Notes Team No Comments on Professional Code of Ethics
Management

Organizations often experience challenging ethical situations. Since organizations bring together individuals from diverse cultural backgrounds and with varying personalities, disagreements and conflicts will always ensue within the workplace. Various professions also carry with them unique ethical dilemmas and contradicting situations as individual career needs come into conflict with overall organizational needs. For this reason, each … Read More “Professional Code of Ethics” »

The 7 Principles of Ethics

Posted on By Finance Notes Team No Comments on The 7 Principles of Ethics
Management

Organizations, public institutions, communities, and other human groups often experience social problems and ethical dilemmas. Ethical behavior and practice is essential in an organizational environment because it improves human relations and enhances positive outcomes in the workplace. Managers need to create an ethical culture in their companies, which will guide the behaviors and decision making … Read More “The 7 Principles of Ethics” »

Managing Ethics: The Role of Leaders in Promoting Ethical Culture in the Workplace

Posted on By Finance Notes Team No Comments on Managing Ethics: The Role of Leaders in Promoting Ethical Culture in the Workplace
Management

Leaders play a fundamental role in promoting ethical culture in an organization. Ethical leaders serve as guides and offer support for employees to implement ethical practices in the workplace. Organizational leadership is concerned with influencing the behaviors and actions of employees. Thus, ethical leaders can promote ethical culture in the workplace by fostering positive ethical … Read More “Managing Ethics: The Role of Leaders in Promoting Ethical Culture in the Workplace” »

Company Description and SWOT Analysis of Walmart

Posted on By Finance Notes Team No Comments on Company Description and SWOT Analysis of Walmart
Management

Description of Wal-Mart The company that I will research is Wal-Mart. My choice for the company is because it is a large international company with appropriate operations strategies that have made it to become the largest retailer in the world. The topic of operations management is an essential topic that applies to the success of … Read More “Company Description and SWOT Analysis of Walmart” »

The Role of Employees in Implementing Business Ethics

Posted on By Finance Notes Team No Comments on The Role of Employees in Implementing Business Ethics
Management

A lot has been discussed about the role of managers in implementing ethical values in organizations, but little has been said about employees’ contribution to ethical practice in the workplace. Nevertheless, the role of employees in the implementation of business ethics and ethical culture cannot be underestimated. Promoting ethics in the workplace depends on the … Read More “The Role of Employees in Implementing Business Ethics” »

Ethical Responsibilities and Behaviors of Employees

Posted on By Finance Notes Team No Comments on Ethical Responsibilities and Behaviors of Employees
Management

The success of a company in today’s dynamic and competitive business environment largely depends on the relationship between managers/owners and employees. Business firms can reinforce a positive behavior and healthy work relationships by implementing an ethical code of conduct or a company policy that clearly outlines desired behavior in the workplace. It is important for … Read More “Ethical Responsibilities and Behaviors of Employees” »

10 Examples of Business Ethics and Why they are Important for your Business

Posted on By Finance Notes Team No Comments on 10 Examples of Business Ethics and Why they are Important for your Business
Management

Business ethics are the moral principles that guide behavior in business situations. They show a business what is right or wrong, and help employees to make the right decisions and behave in an acceptable manner. Employees usually face ethical situations in the workplace. For example, they might be tempted to spend a little of the … Read More “10 Examples of Business Ethics and Why they are Important for your Business” »

10 Best Ethical Principles for Your Business

Posted on By Finance Notes Team No Comments on 10 Best Ethical Principles for Your Business
Management

Why Do you Need Ethical Principles for your Business? Business ethics is essential to any business that desires success in a crowded marketplace. Whether you are an employee, a manager or an entrepreneur running your own business, you need to build a good reputation by behaving ethically. Ethical behavior in business is often guided by … Read More “10 Best Ethical Principles for Your Business” »

Importance of Business ethics

Posted on By Finance Notes Team No Comments on Importance of Business ethics
Management

There is a growing attention to organizations that demonstrate ethical behavior in their decisions and practices. Companies that implement policies and activities based on the basic principles of ethics gain competitive advantage over peers in their industry. Business Ethics and the Law Business ethics does not necessarily contradict the law. In fact, what is ethical … Read More “Importance of Business ethics” »

Business Ethics Definition

Posted on By Finance Notes Team No Comments on Business Ethics Definition
Management

The Meaning of Business Ethics Business organizations are receiving significant pressure from stakeholders and communities to behave ethically. While businesses are not legally mandated to enforce business ethics in their practices, the nature of business environment compels them to observe ethical principles in their day-to-day activities and decisions. What is business ethics and why are … Read More “Business Ethics Definition” »