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Showing posts from February, 2019

Ethical Aspects of HRM

1.Whistle blowing: It is the act of revealing any unethical activity by an individual associated to the organization. Whistle blowing is appropriate when the firm through its product or policy is likely going to do serious and considerable harm to employees or public. If the problem is not addressed by the means of internal sources then the person can resort to whistle blowing. But the employee should have documented evidence of the unethical practice. 2.Employee Reward: There should be transparency in payment, promotion, benefits and equal opportunities to all. 3. Discrimination and Nepotism: Any kind of discrimination based on age, sex, culture, religion, race, disability, nationality,etc. are to be avoided in each and every HR practices of the organization. Nepotism is the unfair practice by which a powerful person gives job, privileges and other favors to his or her relatives. It can bring the company down therefore, a system of meritocracy and fairness should be practiced in

Globalization and Business Ethics

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                                                                                                                                                                  Introduction In the 21st century the power and influence of business in society is greater than ever before. Nowadays the business leaders are the ones who are well known and followed by the people. Business has the potential to provide a major contribution to our societies in terms of serving the general mass through their products and services, providing employment, paying taxes, and acting as a critical contributor to economic progress. But business malpractices have the potential to inflict serious damage on individuals, communities and the nation as a whole. Due to lack of awareness and education among businessmen and  the multiplex nature of business ethics, ethical violations continue to occur across countries and sectors. Issues Different organizations have different approaches in addressing and managing eth

Unethical Decision Making in Organizations

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Introduction Ethics are the guiding principles of any individual or organization. They are usually showed in response to a specific situation. Some examples of ethics include integrity, transparency, honesty, fairness,trustworthiness, law abiding,etc. Business ethics is the application of ethics in all aspects of business conduct. It includes the actions and behaviors of both individuals and organization as a whole. Managing and maintaining corporate ethics is one of the most pervasive and  complex issues faced by businesses today. Decision making in particular is a process in which managers and leaders must be very cautious so to avoid making an unethical decision. Types  1. Intentional Decision: There are some bad people in an organization who  deliberately make decisions in order to harm somebody or take revenge. 2. Unintentional Decision:Sometimes we fall in a context in which we end up making an unethical decision even though we have good intentions. 3. By Product