Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

Persuasive Memos

Business ethicists claim that the recent spate of business leaders, especially bankers, who have admitted to unethical behavior, is not surprising. In fact, these experts explain that when rewards are high and risks are low, the brain often gives the green light to cheat. So how to stop unethical corporate cultures that arise from such a natural human response?

Mark Frame, a psychology professor at Middle Tennessee State University who specializes in workplace psychology, says to begin by communicating solid business values to stakeholders. "If you advertise that you are trying to be ethical, you're going to wind up hiring more ethical people. It's kind of that field of dreams thing: If you build it, they will come," he says.

But words must be followed by actions, so the next step is to thwart unethical behavior. Operating under the tacit rule that "it's okay as long as we're not caught" is insufficient. UC Berkeley professor Barry Staw says companies need to make their stance clear: When employees cross a legal line, they will lose their job and possibly be reported to authorities. Such a strategy invokes fear of punishment over reward for good behavior.

Making ethical choices may not be innate, but people can be taught why making moral choices is ultimately in their best interests, says Dave Mayer, a management professor at the University of Michigan's Ross School of Business. He tells his students that the best way to test whether an action is ethical is to ask oneself: Is what I'm planning to do the right thing or is it simply in my own self interest? If the answer is the latter, it's probably not the best way to go.

Assignment:

Write a persuasive essay based on the case study that answers the following three questions:
1.If you were in a corporate culture, and you witnessed cheating, what would you do?
2.How can a business create a culture that encourages its workers to be ethical?
3.Do you think that ethics begins at home? Explain.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M9898107
  • Price:- $30

Priced at Now at $30, Verified Solution

Have any Question?


Related Questions in Business Management

Describe the difference between financial accounting and

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

What type of jobsorganizations naturally fall under an

What type of jobs/organizations naturally fall under an egalitarian philosophy? Which ones may struggle with this? Is there a substitute for egalitarianism that can get some of the effect for those organizations that don ...

Can you please tell me the difference in content between an

Can you please tell me the difference in content between an executive summary, an informative abstract, and an introduction?

What value to your future career in business is supported

What value to your future career in business is supported by research, analysis and communication (writing and speaking)?

The business world today is increasingly complex and

The business world today is increasingly complex and variable in virtually every country and industry. Thus, organizations must become more organic. How do you define an organic organization and a mechanistic organizatio ...

Explain a business process you are familiar with describe

Explain a business process you are familiar with. Describe how a computer-based information system is related (or used) in this business process. Explain how a computer-based information systems can improve the efficienc ...

Describe how the mix of different fundraising processes

Describe how the mix of different fundraising processes should be determined. Who should be included in the decision-making and why does it matter?

How do you think socratic method works and why do you think

How do you think socratic method works and why do you think it works? When a broad social issue-individual rights, environmental pollution, or child custody-intrudes into our lives and moves from the abstract to the pers ...

How are the needs for affiliation intimacy and power

How are the needs for affiliation, intimacy, and power similar to and different from needs for inclusion, control and affection?

What are three examples of different terminology types used

What are three examples of different terminology types used in health care technology and describe the value for enhancing communication. Provide 1-2 references.

  • 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