Unit-3 Ethics in Management
Unit 3 Ethics in Management Ethics in management refers to the ethical treatment given to all its various stakeholders as well as the general public. ethics in management can be defined as a set of moral principles. Principles that govern the actions of a person or a group. It is a norm of behaviour that guides leaders and managers in their day-to-day actions. Unit 2-Personal Ethics Ethics in Management includes i).Ethics in HRM ii).Marketing Ethics/Ethics in Marketing iii).Ethics aspects of Financial Management iv).Ethics in Technology/Technology Ethics and Professional Ethics i)Ethics in Human R esource Managemen t (HRM) HRM is the process of planning, organizing, directing and controlling human activities to achieve the organizational goal and individual goals. Ethics in HRM indicates the treatment of employees with ordinary decency and distributive justice. T h e ethical business contributes to the b usiness g oals as the employees will feel motivated and t hey will w...