Managerial Ethics
The word ethics is derived from the Greek work ethos, which refers tothe character and sentiment of the community, and standards of behavior. Ethical means conforming to the standards of a given profession or group. Any group can set its own ethical standards and then live by them or not. Ethical standards, whether they are established by an individual, a corporation, a profession, or a nation, help to guide a person's decisions and actions. The commonly accepted definition of ethics is rules or standards that govern behavior. Managerial decision making is the type of behavior that managers are paid to do. They must make choices among alternatives and these may vary in terms of their perceived ethicality. The argument might be that ethics and morality ought to be kept as an exclusive part of religious and educational organizations. When morality intrudes on the business organization, it has a potential of diverting from the organization's main objective, to make money, and as a result lead to deprive stockholders returns. But there is an increased realization that managers needs to be more responsible, not just to their stockholders but also to their
when there were few female students. Perhaps at the times change, so will the men and that women should not be exercising power over men. Some feel President Clinton can be used as an example. He was dishonest with America 4. "Women in Management: It's Still Lonely at the Top", Women's International of ethical violations. Fewer than thirty one said they feel comfortable reporting
Some common words found in the essay are:
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Approximate Word count = 1417
Approximate Pages = 6 (250 words per page double spaced)
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