It goes further to outline the need for workers to report cases of potential conflict to the Chief Legal Officer to prevent an escalation of any unpleasant situation (http://phx.corporate-ir.net...). Dishonesty and internal conflicts can negatively affect the overall functioning of the business resulting in a lack of optimal productivity. Management can eliminate acts of ‘nepotism’, ‘acceptance of bribery’, ‘dishonest transactions’ and ‘exploitation of the company’s assets for personal gain’ (http://phx.corporate-ir.net...) when stakeholders operate within the ambits of what is ethically and legally acceptable in the business. Failing the observance of these principles, a business can lose credibility and stability quite easily. It is important for the workers to be a unified body as each arm or branch of the workforce is equally important.
Business ethics consists of trustworthiness, respect, caring, citizenship and responsibilities. Ethics is very important for organization because organization have different ethical behaviors like employee commitment comes from employees who believe their future and are keen to make sacrifices for the organization. Company’s social responsibility is to maximize its positive force and to minimize its negative force. The ethical responsibilities adopted by Cadbury Schweppes have been proven beneficial which is reflected by high productivity ratio and low employee turnover. Britney, Joubert, R., Kiggundu, E. and Van Rooyen, J.
HR professionals, corporate executives and middle managers deal with a great number of ethical problems. One should know how to handle these problems effectively and efficiently. Suppose if an employee is in an ethical dilemma, then the employee should be able to guide himself down the ethical path. However the orientation should geared to that level of the employee, because the problems faced by each level of employee is at different level. Apart from that, managers and executives must understand that they are to set an example for all other employees with their own ethical behavior.
Without ethics, policies, and disciplinary action, individuals can use Information Systems to wreak havoc. Not only businesses, but employees, customers, and society can suffer at the hands of those that unethically use Information Systems. From devastating financial implications to damaged reputations, use of unethical Information Systems can ruin an otherwise profitable organization. Laudon and Laudon (2014) note that “information technology is introducing changes for which laws and rules of acceptable conduct have not yet been developed” (p. 138). Because of this and the reasons mentioned above, ethics is vital to Information Systems.
Employers and employees will function according to the code of ethics. Similarly to rules in daily life which contribute in helping people to stay more focused on what the right action is for common situations, a company code of ethics accomplishes the same action in those situations where moral judgments may not entirely apply. Ethical behaviour is beneficial for everyone because it protects the interests of the company or organization and the interests of everyone who comes into contact with the organization. However, it does also have some limitations. 2.
That is why an evaluation of character should be part of the management selection process. Companies that build their success on the will and good character of their members become successful overtime. This is something an organization cannot achieve through shaky and unethical strategic decisions. Ethics and
CHARACTERISTICS OF SOCIALLY RESPONSIBLE MARKETING Marketers get the right services to the right individuals at the ideal time. Ethical marketers guarantee the items address and surpass their issues, move down their cases and offer quality to the clients after some time while discovering chances to pay it forward. An organization that utilizes ethical and socially responsible marketing will pick up the admiration and trust of the clients they target and communicate with. Over long time, this will mean more noteworthy advantages all around. Today's organizations can make their practices more ethical and capable by idealizing the accompanying
Lacklustre Sales – Digicel potential weakness is the inability to sell Digicel play to both existing and new customers. For example the sales team is a vital role to the company, if the sales team lack the knowledge and drive to draw customers in then the company can perform poorly or push them into bankruptcy. Customers will only invest in the service if it meets their needs and wants; Digicel will require providing adequate promotions and incentives to both internal and external customers to avoid this
Than , companies that behave in a social way are more likely to enjoy a long-term success comparably to who practice a business only for the financial return or the profit . A positive social image is achieved when people learn to trust and have faith in the company which eventually translates figures by an increase of a sales . The stability of a business is related to costumers trust , than companies should respect and adopt ethics to gain the trust of their costumers . In general , ethical behavior and corporate social responsibilities has an intrinsic value and they can bring important and positive benefits to a business ; it can attract customers to a product of a company , which means increasing sales and profits ; also it make employees to stay in this business because of the process of motivations ; behave in a ethical way can attract investors and keep high the price of share 's company that is important to the stability of business and employees and
If the delivery persons are assisted through directing leadership style, they could understand better the importance of their role within the organisation as to achieve the values and performance of the company. Thus, our organisation will meet the existent customers satisfaction and might also attract potential