Managing Ethics – core components

Ethical tasks/considerations/factors:

• Socio-cultural

• Legal regulatory framework

• Organisation culture

• Individual.

Ethics – values and principles that define right and wrong conduct.

• Identifying/describing ethical principles

• Assessing the importance of ethical issues

• Applying laws, regulations and rules in making decisions and taking action.

• Having dignity and respect for others.

• Engaging in honest/open communication.

Managers and employees often experience ethical dilemmas – where individuals or teams must make decisions involving multiple values.

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