Ethical Strategies

Through this ISO Standard should be changing the mindset of employees. It can help to empowering the employee, make sure clear processes, learning to anticipate problem before the problem come. Before the company go into ISO Standard, they should build a proposal that what they want or expect the process will help the company. The management team should try to solve the problem that they are facing. The whole company team will become more productive, effective it will helps company grow faster and earn more profit.

Some of the matter that need to be cove... ... middle of paper ... ...he commitment of giving the best quality to our customers, transparent and biddable with the set regulation.  Customer satisfaction and innovation Striving for customer quality service and assurance with user friendly products. Encouraging feedback from the customers regardless of whether its positive or negative. Always coming up with new concepts and ideas to improve our services for our customers both internal and external. Values in Business Sustainability Values: are lasting beliefs that influence a persons or organisation behaviour and attitudes, influences decisions.

Strong supplier relationships are critical to a successful business. Consider the problems you might have if you could not supply what the customer needs...at the time that they need it. The entrepreneur is the role model for employees. If your behavior includes lying to customers, taking money out of the cash register, or taking home some of the inventory or supplies, you cannot be surprised if your employees follow your lead. Your family members may see the business as their own and take things that really belong to the business.

The manufactures intent or action is to market their product in order to make a profit. Deontologist view their rights or wrongs based on the action not the outcome of the action. So, unless they are breaking the law, the manufacturer does not see anything wrong with their marketing

Moral Leadership: Ethics and Effectiveness Deborah Rhode provides a succinct explanation if what constitutes moral leadership. The difference between moral leadership and effective leadership is well explicated. Contemporary literature and many businesses executive have held a belief that there is no difference between effective leadership and moral leadership. Effective leadership is propped up by ethics and sound moral judgment. This is true, but it is eminent that effective leadership does not always encompass moral leadership.

Business ethics are part of ethics and are essentially the applied ethics. Business ethics are the practical in nature and are derived from various approaches of ethics. These four approaches have strong influence of business ethics. Like the rights approach in business ethics means behaving so as to protect the moral rights of the people involved such as employees and customers. Virtues approach in business ethics aims at operating in a virtues manner i.e.

The link between entrepreneurship and nation’s economic development In recent years, there has been an increasing interest in starting a firm in normal people. Because of it, numerous successful business owners who have similarly spirit and character are known by us. What’s more, spirit and character just is a suspect of entreprereurship.Throughout this paper the term ‘entreprereurship’ will be used to refer to “ the process of starting a business or other organization”. “The entrepreneur develops a business plan, acquires the human and other required resources, and is fully responsible for its success or failure”. Entreprereurs bring out enormous profit which can affect economic development in a country.

The study indicated that the influences processes employed by transformational and transactional leaders may be driven by different ethical values that also appear to indirectly impact follower attitudes toward corporate social responsibility. Transformational leadership was strongly associated with leader deontological values, suggesting that such leaders’ strong beliefs in altruism, universal rights, and principles lay the groundwork for enacting the key motivational and inspirational behaviors that drive leadership outcomes in organizations. Transformational leaders’ ability to demonstrate idealized attributes and behaviors, inspirational motivation, intellectual stimulation, and individualized consideration behaviors rest on a strong deontological ethical foundation. A leader’s beliefs in selflessness, treating followers, and teammates as ends and viewing leadership practices as having ethical implication regardless of their consequences in any organization. These views facilitate an authentic demonstration of transformational behaviors in the stakeholder view of corporate social responsibility.

In this regard, since companies are extending their operations the entire world over, human capital globalization is inevitable since they will need to work with people from these countries for them to successfully exploit global markets. 2. How does this case illustrate the threats and opportunities facing global companies in developing their strategies?

Ethical leadership will help leaders to lead their employees as legitimate. Because when the employees have the trust in the leader, they will “follow the organization’s managers, do what managers say, and see managers’ leadership as legitimate” (Velasquez, 2006). Therefore, ethics has become the key component of effective management. Ethic leadership is mainly constructed by society. Society direct the moral standards which make up the discipline of ethics (Velasquez, 2006).