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Ethics For Managers
0 Downloads | 7 Pages 1,677 Words | Published Date: 26/09/2017
Business ethics is the ethical behavior and certain rules, norms that the business units have to follow. Businesses have to face various issues and ethical problems where some are solvable while few are not. Business ethics is the study of the activities that are controversial in nature, such as corporate governance, trading, discrimination and corporate social responsibility. The issues of the right and wrong are addressed in the study of business ethics (DesJardins and McCall 2014). The main purpose of the report is to focus on a business sector and the ethics of the business. The author in this sector discusses the challenges that the business sector has to face regarding the business ethics. The author focuses on the ethical issues that the sector face, its sustainability focus and the major stakeholders of the sector. The author chooses education sector to evaluate and analyze the business ethics. Business ethics play a very important role in any sector. The author elaborates the ways managing business sector has helped the sector and the factors that are driving the education sector to manage business ethics effectively (Slade and Prinsloo 2013).
Analysis of the Sector
The author chooses education sector as the business sector to address the business ethics within the sector.
Ethical Issues in Education Sector
Education is the most important sector that should be handled with care, as it is responsible for spreading and imparting knowledge. It is the responsibility of the education sector to help the individuals spread positivity. Education sector has to face various ethical issues and concerns that affect not only students and teachers but also the entire education system. Ethical practices are an essential part of the organization (Floyd et al. 2013). Ethical issues faced by education sector are:
Corruption in education- Corruption has a negative impact on the society and education system. There are various implications of corruption. Corruption leads to decrease in quality of service, decion making process, reduces efficiency and increases transaction cost. Corruptions in education system take various forms. Making illegal payments while seeking admission in schools or universities by students is one of the ethical issues that the education sector faces. The other form of corruption is bribery where the teachers bribe the management to be recruited in the system (Hartman et al. 2014). Corruption lowers the quality of education and is against the rules and regulations which is one of the serious ethical issues that education sector has to face.
Discrimination- Many education sectors recruits the students based on caste, color, creed and sex. Racial discrimination is one of the serious ethical issues that the education sector faces. Many students come from diverse fields to seek admission. If the education sector follows discrimination policy then it is difficult for the students to get admission in any school or university. The children with disability also fail to seek admission in education sectors (Okpara 2014).
Discipline issues- the third type of ethical issues faced by education sector is discipline issues where the students indulge in actions that are not favorable. In order to avoid such type of unethical behavior the management should take care of the ethics and norms that are being violated.
Sustainability Focus of the Education Sector
Sustainable development is a process of using the scarce resource efficiently so that it is available in future generation without hampering the current development and growth. It is essential for the education sector to be sustainable in nature in order to ensure future development. The children at schools should be taught on sustainable development so that they are able to spread positivity (Weiss 2014). Corporate responsibility is engaging in social responsibilities that influence the world. Sustainability means balancing an equal approach between different activities that includes social challenges, economic activities, environment activities and other activities. Sustainability means meeting the challenges of present challenges ensuring that the future generation also get the same kind of lifestyle (Blewitt and Cullingford 2013).
It is the duty of every corporate sector specially the education sector to influence the society in a positive way. This includes meeting the needs of the people. In case of education sector the system is responsible for imparting good education to society so that in future they influence the society in a positive way. Ethics are the rules and regulation set to ensure good and ethical behavior (Hoffman et al. 2014). The teachers and other staff members of the society should be treated well so that they are able to deliver the best quality education to its students. Holding integrity and remaining accountable for their actions is essential for the business sectors. Analyzing the culture if various institutes is essential for effective management of the business.
Major Stakeholders in the Education Sector
Stakeholders are the people or organizations that are attached to the concerned business in some way or the other. The stakeholders of the education sector are teachers, students and the mangers that are responsible for managing the administration. Education sector is such a system that has large group of stakeholders with different ideas and opinions. To ensure that the sector is indulged in ethical practices all the stakeholders should be ethical in its practice and behavior. Education sector is a system that cannot indulge in any unethical behavior (Jackson 2015). It is the stakeholders in tat education system that indulges in an unethical behavior that disrupts the functioning of an entire system. It is the duty of the administrators to guide the teachers so that they are able to fulfill the task of education. The ethics of the teachers, students and administrators does not only restrict within the school premises but also stretch beyond that.
Factors that Drive Education Sector to Manage Business Ethic Effectively
Various factors drive organizations to manage its business ethics effectively. If any sector violates the rules then the brand name of the organization falls. The parents would not like to send their children in schools where the system itself violates the rules and ethical standards. It is essential for the sectors to maintain its organizational integrity. If the teachers maintain ethics and comply with standards then it will have a positive impact on students. Ethical standards reflect the attitudes, beliefs, name, cooperation and culture of the sector. Education sector should is responsible for management of entire society. Therefore, it is essential for the education sector to manage the work efficiently (Noddings 2013). Teachers are the givers of knowledge while the students are takers. It is the responsibility of the student to behave and maintain discipline in order to maintain the decorum of education system.
Effect of Managing Business Ethics
Effective management of the business ethics helps the business build a good reputation. It creates and influences the society in a positive way. The executives that ignore the business ethics run the risk of corporate and personal liability. Ethics play an important role in organizations. The success and failure of the organization is determined through the ethical practices and behaviors that the organization is indulged in. The administrators have the power to manage the tough situation effectively if they are indulged in ethical practices. In future, they have to face fewer problems. Parents start trusting the institutes and expect the children to come out with excellence. The future of students depends on the quality of education that they get. The activities and decisions depend on the ethical standards and practices (Natale and Doran 2012). Ethical philosophy and practice affects the reputation, productivity, and the business as a whole. An ethical practice helps in creating an ethical organizational culture. The morale of workers is boosted due to ethical practice and behavior. The productivity of the organization and so does its retention rate. Increase in productivity is beneficial for the sector as it boosts the financial condition of the firm. The overall efficiency of the firm increases creating a positive environment for work (Peters 2015).
Business ethic is the set of rules and conditions that help the organization indulge in an ethical behavior and practice. Managing business ethics is essential to increase the efficiency and productivity of the firm. There are various challenges and ethical issues that the education sector has to face. These include corruption, discipline issues, discrimination, behavior and educational issues. Ethical issues cannot be completely erased but it can definitely be reduced. Motivation and leadership are the two driving factors that motivate students and teachers to work effectively and efficiently. Management of ethics leads to a sustainable practice. The stakeholders of the organization play an important role. Administrators of the organization should guide the teachers and students so that they are able to fulfill the objective of education.
Blewitt, J. and Cullingford, C., 2013. The sustainability curriculum: the challenge for higher education. Earthscan.
DesJardins, J.R. and McCall, J.J., 2014. Contemporary issues in business ethics. Cengage Learning.
Floyd, L.A., Xu, F., Atkins, R. and Caldwell, C., 2013. Ethical outcomes and business ethics: Toward improving business ethics education. Journal of business ethics, 117(4), pp.753-776.
Hartman, L.P., DesJardins, J.R. and MacDonald, C., 2014. Business ethics: Decision making for personal integrity and social responsibility. McGraw-Hill.
Hoffman, W.M., Frederick, R.E. and Schwartz, M.S. eds., 2014. Business ethics: Readings and cases in corporate morality. John Wiley & Sons.
Jackson, T., 2015. 15 Managing managers across cultures: different values, different ethics. Handbook of Research on Managing Managers, p.283.
Natale, S.M. and Doran, C., 2012. Marketization of education: An ethical dilemma. Journal of business ethics, 105(2), pp.187-196.
Noddings, N., 2013. Caring: A relational approach to ethics and moral education. Univ of California Press.
Okpara, J.O., 2014. The effects of national culture on managers' attitudes toward business ethics: Implications for organizational change. Journal of Accounting and Organizational Change, 10(2), pp.174-189.
Peters, R.S., 2015. Ethics and Education (Routledge Revivals). Routledge.
Slade, S. and Prinsloo, P., 2013. Learning analytics ethical issues and dilemmas. American Behavioral Scientist, 57(10), pp.1510-1529.
Weiss, J.W., 2014. Business ethics: A stakeholder and issues management approach. Berrett-Koehler Publishers.a
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