Management
The profession of business ethics has long needed a highly practical resource that
is designed particularly for leaders and managers -- those people charged to ensure
ethical practices in their organizations. Unfortunately, far too many resources about
business ethics end up being designed primarily for philosophers, academics and social
critics. As a result, leaders and managers struggle to really be able to make use of the
resources at all. Also, far too many resources about business ethics contain
sensationalistic stories about businesses "gone bad" or prolonged preaching to businesses
to "do the right thing". These resources often explore simplistic ethical questions, such as
"Should Jane steal from the company?" The real world of leaders and managers is often
much more complex than that.
6.Ethics and Honesty: In dealing with employees, distributors and consumers, the
company should follow the principle of equality and justice i.e. equal treatment to all, no
discrimination and favoritisms, Honesty be rewarded and dishonesty punished. It is the
general tendency of some employees to steal or make profits by misusing their position or
facilities (like leave travel allowance or medical allowance) provided by the company. If
no action is take against erring or corrupt employees, it breeds dishonesty, unrest and
corruption. Employer should never shield or protect or even tolerate undisciplined and
corrupt subordinate as it has a psycho-logical impact on other employees.
About the honesty towards consumers, it is expected that the company provides the
best quality of product and supplies technical data about the possible side effect of using
the product.
7. Ethics and Secrecy: During The course of business, much information is generated
and collected. Such data relates to employees, suppliers, terms of agreement and so on.
It can be grouped into personal data, technical data, trade related data, financial data etc.
Further the said information can also be grouped as open and secret data. It is the basic
duty of management to keep confidential data hidden or secret and should take all
possible steps and measures to preserve and maintain its secrecy. Such information must
be used ethically i.e. not to harm or exploit the weakness of any employee or a trading
partner. Secrets can be revealed with prior permission of the concerned person.