B A 300 Chapter Notes - Chapter 1: Classical Economics, Behavioral Economics, Contingent Work
Document Summary
The personal definition- a set of moral principles or values . Conduct focused- the principles, norms, and standards of conduct governing an individual or group . Leaders identify appropriate and inappropriate conduct and communicate their expectations to employees through ethics codes, training programs, and other communication channels. Ethical behavior in business- behavior that is consistent with the principles, norms, and standards of business practice that have been agreed upon by society. Ethical conduct is influenced by our environment. In work setting leaders, managers, and entire cultural context are important. If managers don"t enforce guidance they are unintentionally allowing employees to risk the entire organization creating loose cannons . Guidance regarding ethical conduct provides essential information about organizational rules and policies, and can provide explanations and examples of behavior that is considered appropriate or inappropriate. Management"s responsibility to provide explicit guidance through direct management. Supervisor who attempts to influence ethical behavior is natural to management process.
