Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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What can strategic leaders do to develop and sustain an effective organizational culture? What actions can a strategic leader take to establish and maintain ethical practices within a firm?
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Introduction:-
Strategic leadership alludes to a chief's capability to communicate an essential vision for the association or a piece of the association and spur and convince others to obtain that vision. Strategic pioneers make hierarchical construction, assign assets and express an essential vision.
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Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.Similar questions
- What is the role of business policy in shaping the long-term direction of an organization?arrow_forwardWhat is a stakeholder? How does this concept itself help businesses operate at or beyond their ethical minimum?arrow_forwardDo you think companies have to operate ethically to be financially successful? Why or why not?arrow_forward
- As a business leader over the course of your career you will establish patterns of behavior that determine what's capable and what's not within your organization. Create a Code of Ethics for your organization that explains acceptable behavior towards employees, customers, and suppliers. Your Code of Ethics could be a list of guidelines that explains everyone's responsibilities within the organization, or statements of goals for everyone in the organization to meet or exceed, or policies that must be followed to promote ethical behavior from everyone in the organization.arrow_forwardWhy is it important for researchers to follow the highest ethical standards.arrow_forwardEthical leadership is crucial for establishing trust, integrity, and accountability within organizations. Managers are responsible for setting the tone for ethical behavior by modeling ethical conduct, upholding organizational values, and making decisions that consider the well-being of all stakeholders. Ethical leaders prioritize fairness, honesty, and transparency in their interactions with employees, customers, and the wider community. They also establish ethical guidelines and policies, provide guidance on ethical dilemmas, and create a culture where ethical considerations are embedded into decision-making processes. Question: How can managers cultivate a culture of ethical leadership within their organizations, and what are some potential challenges they may face in maintaining ethical standards in today's complex business landscape?arrow_forward
- What are the most important ethical considerations that managers must take into account when making business decisions, and how can they balance competing priorities and obligations to ensure that their actions align with their values?arrow_forwardWhy is the dominant position on ethical thinking that appropriate considerations cannot be documented?arrow_forwardAn organization's code of ethics establishes the moral standards or guidelines that each employee must follow when making decisions and acting. As you evaluate the content, organization, and tone of the code, keep this statement in mind.arrow_forward
- Use information from the book, "Organizational ethics: A practical approach by Craig Johnson" to answer these questions. Use Chapters 8-12 Link: https://scholar.google.com/scholar?hl=en&as_sdt=0%2C43&q=organizational+ethics+a+practical+approach&btnG=&oq=organizational+ethics Chapter Eight: Improving Group Ethical Performance8. How can groups strike a balance between convergence and divergence? How can they operatebetween groupthink and polythink? (Use the type of group of your choice in your explanation.)Chapter Nine: Building an Ethical Organization9. List the core values of an organization you work for, volunteer for, or are otherwise associatedwith. How well are they publicized? How well are they supported by the behavior oforganizational leaders and members?Chapter Ten: Ethical Marketing, Finance, Accounting, and Human Resource Management10. Analyze a contemporary marketing campaign using the four requirements of the mutualityprinciple presented in the chapter. How…arrow_forwardIt is impossible for multiple ethical climates to exist within one organization. True Falsearrow_forwardMaxwell says that he believed that some companies have given up on what is ethical and are instead focused on what?arrow_forward
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