Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

Ethics and Social Responsibility Managers are faced with making decisions each day, some that are programmed and others that are non-programmed. It is in the making of non-programmed decisions where managers often find themselves on the horns of an ethical dilemma. Some decisions that appear to be profitable can be short-sighted, unethical, and unwise in the long term. When deadlines may not be met, when the threat of failure casts a larger shadow than the prospect for success, when the thrill of reward obscures long-term consequences, or when monetary incentives can easily skew one's decisions, how can a manager be certain that the actions they take, as well as the actions taken by others in the organization, are always ethically sound?

Also, Please describe current events in which the managers involved did not act ethically. Be certain to discuss in detail the ethical principles violated in the example you provide and describe what would be the ethical thing to do in that situation.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M92582540
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Business Management

In the late 1800s the us dollar was on a bi-metallic

In the late 1800s, the U.S. Dollar was on a bi-metallic standard. According to the official standard, one ounce of gold was worth 16 ounces of silver. However, on a free market the trading ratio of silver to gold was aro ...

Describe the difference between financial accounting and

Describe the difference between financial accounting and managerial accounting. Give examples of the uses of each one.

Explain the two-factor theory by herzberg why would a

Explain the Two-Factor theory by Herzberg. Why would a production worker be better motivated by Two-Factor theory ideas?

Discuss the advantages of having and interacting in a

Discuss the advantages of having and interacting in a diverse workplace. Consider the wide range of ideas and perspectives that a range of team members bring to a team, that are of differing ages, ethnic backgrounds and ...

What are the personal and situational characteristics that

What are the personal and situational characteristics that determine self-control?

Using the hershey blanchard model which leadership style do

Using the Hershey Blanchard Model, which leadership style do you feel would be most appropriate for this scenario? Justify your response. Which level of employee readiness is this employee at? • You have recently been ma ...

Nfs allows the file system on one linux computer to be

NFS allows the file system on one Linux computer to be accessed over a network connection by another Linux system. Discuss the security vulnerabilities of NFS in networked Linux systems, and possible mitigation solutions ...

What happens if wages and prices adjust very quickly in

What happens if wages and prices adjust very quickly in response to various shocks to the economy? Does this make business cycle, expansions and contractions in the economy, shorter or longer?

How social capital enhance well-being in high density

How Social Capital enhance well-being in high density community?

Is google justified in using the search history of unaware

Is Google justified in using the search history of unaware customers to target them with ads? Take a stance and support your answers with actual examples.

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As