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					10 Myths about Business Ethics

10 Myths about Business Ethics
1. Myth: Business ethics is more a matter of religion than management. “Altering people’s values or souls isn’t the aim of an organizational ethics program – managing values and conflict among them is..” 2. Myth: Our employees are ethical so we don’t need attention to business ethics. When the topic of business ethics comes up, people are quick to speak of the Golden Rule, honesty and courtesy.

10 Myths about Business Ethics
3. Myth: Business ethics is a discipline best led by philosophers, academics and theologians. Business ethics is a management discipline with a programmatic approach that includes several practical tools.

4. Myth: Business ethics is superfluous –it only asserts the obvious: “do good!”

10 Myths about Business Ethics
5. Myth: Business ethics is a matter of the good guys preaching to the bad guys Stress or confusion are not excuses for ethical actions – they are reasons. 6. Myth: Business ethics in the new policeperson on the block. Business ethics was written about even 2,000 years agoat least since Cicero wrote Business ethics has got more attention recently because of the social responsibility 1960s.

10 Myths about Business Ethics
7. Myth: Ethical can’t be managed Strategic priorities (profit maximization,expanding market share, cutting cost, etc.) are still skeptical about business ethics, believing you can’t manage values in an organization 8. Myth: Business ethics and social responsibility are the same thing Social responsibility movement is one aspect of the overall discipline of business ethics

10 Myths about Business Ethics
9. Myth: Our organization is not in trouble with the law, so we’re ethical. Withhold information from superiors, fudge on budgets, constantly complain about others, etc. “The boil the frog” phenomena

10. Myth: Managing ethics in the workplace has little practical relevance Values management is also highly important in other Management and strategic planning.

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posted:7/15/2009
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Description: Business Ethics An ethical approach is becoming necessary both for corporate success and a positive corporate image.