There is a saying, “Nice guys finish last.” Is this true of organizations? Do companies need to be ruthless to be successful? How can organizations encourage ethical and socially responsible behavior among their various stakeholders?
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- There is a saying, “Nice guys finish last.” Is this true of organizations? Do companies need to be ruthless to be successful?
- How can organizations encourage ethical and socially responsible behavior among their various stakeholders?
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- What is the relationship between Ethics and Business? Please use examples from current events as it relates to business, economics, and society. Is ethics necessary for leadership or is leadership necessary for ethics? Why do we need to be able to convincingly explain why something should be viewed as right and fair?How can good corporate governance help to check opportunistic behavior or avoid illegal activities?Explain with example the issue of moral dilemma that business people face frequently.
- What strategies can organizations employ to foster a culture of ethical decision-making and responsible business practices, while ensuring long-term financial success?Explain the major ethical theories discussed in class that business people can use to guide their decisions. Which theory do you feel is best in the modern business world? Explain your opinion.What is the importance of ethics for organizational strategists?
- Why do management need to have philosophical foundations in relation to business ethics. Cite concrete management situations that would illustrate the application of philosophy?What is a stakeholder? How does this concept itself help businesses operate at or beyond their ethical minimum?2.You have been asked by the CEO of your software organization to hire and manage a small group of software developers in an attempt to reverse engineer the latest release of the software by your leading competitor. The goal of the group will be to identify features that could be implemented into the next few releases of your firm's software. Would you consider hiring software developers from your competitors to start this group? Why or why not? What sort of legal and/or ethical questions might be raised by this reverse engineering effort?
- What is a stakeholder? Give examples, categorize them and explain how this concept itself might help businesses operate at or beyond their ethical minimum?Decisions taken within an organization may be made by individuals or groups, but whoever makes them will be influenced by many aspects of the company. The decision to behaveethically is a moral one; staff must decide what they think is the right course of action. Define ethics and explain why there are disagreements and dilemmas about what proper ethical behavior really is. Why is right or wrong behavior not clearly identifiable in an organization? Rationalize your answers in detail, with organizational examples.Which actions would not be consistent with good management?