Discuss the implications of the argument that behaving ethically makes good business sense. How common is that

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Discuss the implications of the argument that behaving ethically makes good business sense. How common is that view in contemporary organizations? Reflect on your work experience. Are there instances of ethical behavior having the positive effects?


MANAGING FOR ETHICAL BEHAVIOR

The demand for ethical behavior in organizations is forcing managers to findways of managing for ethical behavior. In managing for ethical behavior,managers face a dilemma. Moral philosophers agree that ethical behaviorhappens because a person freely believes it is the right way to behave. Managerscannot impose ethical behavior by force. Although they can develop anorganizational culture (see Chapter 4) that supports ethical behavior, the decisionto behave ethically always rests with each person.

Organizations and their managers have several methods available formanaging for ethical behavior. These methods include codes of ethics, policyguidelines, decision procedures, standards of ethical performance, disciplinaryprocedures for unethical behavior, ethics training, and peer reporting of unethicalbehavior.

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