Ethical And Ethical Aspects Of Business Ethics. McDonald, G. (2000), “Business Ethics: Practical Proposals for Organizations”, Journal of Business Ethics, Vol.25, Iss.2, pp.169-184. An organization depends on its managers to work with and through other people by coordinating the staff’s work activities as to accomplish organizational goals (Robbins et al, 2003, p.6). It's complicated because some businesses give more importance to ethics than others. It is the duty of the Human resource department to ensure that the employees are equipped with adequate tools which enable them to behave ethically in the organization. An organization may also have a code of ethics that is a formal statement of the company’s primary values and ethical rules it expects its employees to follow (Robbins et al, 2003, p.158). It will deteriorate your brand and eventually, you will lose trust from the customers. With a B.A. I'm not an expert on this topic though so I might be wrong. Your Canadian nonprofit organization depends on donor funding, which makes ethics, accountability and transparency extremely important to keeping your mission going. The way an organization should respond to external environment refers to organization ethics. There is a growing number of investors that are guided by a sense of moral duty and that the maximization of shareholder welfare is just as important of the maximization of shareholder wealth (Cummings, 2000). Never lie to your customers. Jump the queue with a membership plan, get unlimited samples and plagiarism results – immediately! In other words, based on experience and the philosophical and religious values of the society, rules of acceptable and non-acceptable behaviors evolve and are encoded into society (Mendenhall, Punnett and Ricks, 1995, p.138). Specific units or positions in an organization can also be created to observe and control a company’s employees as to uphold ethical standards (Kreitner and Kinichi, 2001, p.96). Others impose such values, but to a lesser extent and may make exceptions. pp.131-152. In business, the virtues of integrity include honesty, fairness and trust (Hartman and Beck-Dudley, 1999). The personal ethics of a leader will cast a light on organizations that will create an ethical climate. What Are the Different Types of Organizational Behavior? Values and culture help determine individual behavior. A business cannot be fully ethical as it is almost impossible to always satisfy every stakeholders involved in the business at a same level. Plot No 104, Kavuri Hills, Madhapur, Hyderabad - 500033. The rewarding of ethical behavior can be a practice organizations can adopt. Your Answer Is Very Helpful For UsThank You A Lot! An employee that has gone through interviews and tests and has been assessed by higher authority will be less likely to commit unethical acts in an organization. Trevino, L.K., Weaver, G.R., Gibson, D.G. Sometimes these guidelines are different for different companies. The role of ethics in organizational behavior can also greatly impact how the entity acts as a whole.