Business Ethics Frequently Asked Questions II Organizational Ethics
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“How can we create value for our stakeholders in terms of ethical behavior, employee satisfaction and satisfaction of the environment?” (The Essay Corner. 2016) 1. Organizational behavior is the study of how the behavior of organizational members is influenced by their organization’s environment. 2. The environment includes physical, economic, and social aspects that influence organizational behavior. 3. An organization’s behavior can be classified into four dimensions: – Strategy – Management – Work environment – Customers
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Title: In the Name of Business Ethics I (II): Organizational Ethics In the Name of Business Ethics I (II): Organizational Ethics – II A corporation is like a person. If you treat your corporation like a person, you will treat the people it works with, the products and services it provides, and the environment in which it operates with kindness and respect. In this second part of my series about business ethics, we’ll examine the practical applications of what we’ve learned
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“What are the fundamental principles that guide and define business ethics?” The key to successful business is trust. It is a foundation for any successful business. A business that is run on trust is highly competitive in the industry. Trust is built on behaviors and actions. Businesses that practice fair trade, social responsibility, and transparency have a high reputation in the industry. A business that violates these principles not only damages the company but also damages the image and reputation of the brand. According to business ethics, every business must ensure that its