MNGT1001 Lecture Notes - Coconut Oil, Mac Cosmetics, Sea Salt
2 Jul 2018
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Slide 1:
Ethics of a business determined by:
How managers and workers resolve situations that challenge ethical beliefs and standards
Extent to which moral standards of society met in day to day behaviour.
Slide 2:
The way in which a manager acts in an ethical fashion is influenced by three different factors:
manager, organisation and external environment.
Slide 3:
The first factor, the manager, refers to the manager’s personal ethical framework- formed by their
family influence, religious beliefs, their standards and needs, and self-concept.
Managers are faced with dilemmas such as:
Discrimination
Conflicts of interest
Customer privacy
Where to use limited resources
Sexual harassment
Slide 4:
The way in which they respond to these dilemmas is determined by their ethical framework.
A strong ethical framework results in more consistent and confident choices,
A poor ethical framework is likely to be portrayed through their choices- with inconsistency.
Slide 5:
Applying this to LUSH:
Must recognise numerous levels of management
At the head, are people such as Peta Granger, Australasian Director of LUSH.
Ms Granger, and all other levels of management have created and embraced the use of
ethical practices
Ensure all strategies and objectives align to mission, and responds to dilemmas accordingly
with consistency and confidence.
Slide 6:
A common dilemma in a business is the presence of discrimination, and Ms Granger’s
response to this is as quoted…
Slide 7:
find more resources at oneclass.com
find more resources at oneclass.com
Document Summary
How managers and workers resolve situations that challenge ethical beliefs and standards. Extent to which moral standards of society met in day to day behaviour. The way in which a manager acts in an ethical fashion is influenced by three different factors: manager, organisation and external environment. The first factor, the manager, refers to the manager"s personal ethical framework- formed by their family influence, religious beliefs, their standards and needs, and self-concept. The way in which they respond to these dilemmas is determined by their ethical framework. A strong ethical framework results in more consistent and confident choices, A poor ethical framework is likely to be portrayed through their choices- with inconsistency. At the head, are people such as peta granger, australasian director of lush. Ms granger, and all other levels of management have created and embraced the use of ethical practices. Ensure all strategies and objectives align to mission, and responds to dilemmas accordingly with consistency and confidence.
