answersLogoWhite

0

Managerial ethics refer to the moral principles and values that guide decision-making and behavior in a business setting. Key characteristics include integrity, honesty, fairness, transparency, and accountability. Managers must adhere to ethical standards to build trust with stakeholders, maintain a positive organizational culture, and ensure long-term success. Ethical decision-making involves considering the impact on all stakeholders, following laws and regulations, and upholding the organization's values.

User Avatar

ProfBot

2mo ago

What else can I help you with?

Related Questions

Is adherence to principles of Managerial Ethics important?

wats managerial ethics


What are the significance of managerial ethics?

Managerial ethics, thus, is the code of moral managerial conduct that raises questions about the "goodness" or "badness" of managerial actions, motives and objectives.


What is managerial ethics?

sex of lunner


What are the managerial dimension of each characteristics of research?

characteristics of a good research and discuss the managerial dimensions of each characteristic.


How do leadership characteristics relate to the managerial functions?

leadership characteristics relate to the managerial function by doing there tasks during the problems.


Fraud and ethics in managerial accounting?

A managerial accountant is a person who controls the financial information for a company. Ethics require that managerial accountants keep company financial records completely confidential, and they should objectively inform their clients of all relevant financial information.


What are the Managerial values and attitudes in business ethics?

managerial values and attitudes


How organizational ethics affect managerial decision making?

It's in your text book. Read it lazyass.


Two broad areas of business ethics?

Two Broad Areas of Business Ethics1. Managerial mischief. Madsen and Shafritz, in their book "Essentials of Business Ethics" (Penguin Books, 1990) further explain that "managerial mischief" includes "illegal, unethical, or questionable practices of individual managers or organizations, as well as the causes of such behaviors and remedies to eradicate them." There has been a great deal written about managerial mischief, leading many to believe that business ethics is merely a matter of preaching the basics of what is right and wrong. More often, though, business ethics is a matter of dealing with dilemmas that have no clear indication of what is right or wrong.2. Moral mazes. The other broad area of business ethics is "moral mazes of management" and includes the numerous ethical problems that managers must deal with on a daily basis, such as potential conflicts of interest, wrongful use of resources, mismanagement of contracts and agreements, etc.Adapted from Complete Guide to Ethics Management: An Ethics Toolkit for Managers by Carter McNamara


What has the author Ji Jiang written?

Ji Jiang has written: 'Zhongguo guo min dao de yuan lun' -- subject(s): Chinese Ethics, Chinese National characteristics, Ethics, Chinese, National characteristics, Chinese


What are 3 characteristics of Ethical Behavior?

Integrity, Effort, and Respect


Characteristics of managerial Managerial economics?

It is mostly Micro economics and sometimes Macro economics It is application of economics in business management It helps to seek cost effective solutions hence it is normative in approach it is pragmatic in nature It is prescriptive in approach

Trending Questions
What is the difference between short-term and long-term goals? What are the key questions to ask a project manager during a project review meeting? Can recent collage graduates expect to be a project managers right away? What is market based management? What is the goal of the sprint review meeting and how does it contribute to the overall project progress? How can you impress your employees the importance of strong business ethics when dealing with colleagues customer and the general public as a manger? What are the four considerations when reviewing risk so far as is reasonably practicable? Indicate which MSS can be used to assist a manager in fulfilling Mintzbergs ten management roles How and why can they help Be specific? How does the process of variation selection and retention explain the innovations that take place within an organization? How much does a CEO of a record label make? What degree in Michigan should you have to open a hair salon? What RM process step requires a cycle of continuous reassessment until the benefits of completing the mission outweigh the risks of not completing? How do you get a director of a limited company to resign? What do you think is the appropriate role of a board of directors in strategic management? Does an emphasis on formality in strategic planning processes necessarily mean that an organization automatically limits its ability to think and act in a creative manner? What is Ecological approach in comparative management? How does MRP system helps management? What is controlling procurement performance? What are the basic project management functions? How does the company ensure that its products meet the highest standards through quality control and quality assurance processes?