FB2300 Management Managerial Ethics

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FB2300 ManagementManagerial Ethics
Jenny Lee
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• Circle the number between 1 to 5 that best
  represents your own beliefs about business
• Strong Strongly
• Disagree Agree
• Financial gain is all that counts in Business 1
  2 3 4 5
• The business world has its own rules 1 2
  3 4 5
• Business is like a game on plays to win 1
  2 3 4 5
• Competition forces business managers to resort to
• shady practices 1 2 3 4
  5

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Four views of Ethics

• Utilitarian view of ethics
• Rights view of ethics
• Theory of justice view of ethics
• Integrative social contracts theory

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Factors that affect Managerial Ethics

• Stage of Moral Development
• . Preconventional
• . Conventional
• . Principles
• Individual characteristics
• Structural variables
• Organizations culture
• Issue Intensity

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Toward Improving Ethical Behavior
Employee Selection Codes of Ethics and Decision
Rules Top Managements Leadership Ethics
Training Independent Social Audits Formal
Protective Mechanisms
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Faculty of Business 5 core values

• Integrity
• Responsibility
• Fairness
• Respect
• compassion

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• Case Studies on managerial ethics
• 1. Blow the whistle
• Focus on how the students should take up the
  responsibilities on to maintain the integrity
  and fairness of the organization.
• Is it right or wrong to tell a lie?
• Focus on how the students should respect and be
  compassion with the employees in the
  organization.