Term Paper on Ethical Issues in Management

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Whatever act you perform in life; whether it is good or bad, right or wrong, positive or negative, ethical or unethical, it leaves some indentations in this world. You may not know but sometime, somewhere your deeds are accounted and they never just fritter away.

Differencing between ethical and unethical is just the same as choosing between virtue and sin. Management ethics is about exercising appropriate behavior when handling people at work and obtaining best efforts within moral codes. Management is the vital force in an organization and if that is facing some ethical issues, the organizations success, steadiness and endurance get endangered. Below are some of the ethical issues in various branches of management

BUSINESS MANAGEMENT
In large corporate organizations there are some ethical issues which become obstacles in combining business and human activities together. Some are
• Controlling and blackmailing people through their weaknesses.
• Creating false documents to alter facts.
• Sink to deception and treachery for undue profits.

HEALTH CARE MANAGEMENT
Health care management ensures health and happiness of people through proper management. But this noble field is also blackened by some ethical issue like
• Disclosure of patient’s personal and medical information.
• Excessive financial dues.
• Delay in services and aids.
 

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FINANCIAL MANAGEMENT
In financial management some issues ethical issues are
• Money laundering
• Management buyouts
• Leaking company’s financial position thus helping in target takeovers.

MARKETING MANAGEMENT
Marketing management deals with managing firm’s marketing activities and funds. A few ethical issues in it are
• Immoral advertisements and pasting of posters on private property
• Selling of unsafe and banned products.
• Spreading awful rumors about competing companies.

SPORTS MANAGEMENT
Management is there in sports as well. Some ethical issues in sports management are
• giving public statements without verification
• match fixing
• smuggling of drugs to players

Apart from the above mentioned ethical issues there are also some common ethical management issues like long distant calls from office phone, untruthful number of working hours, false business records, copying office software, money mix up and much more.

There are lots of motives behind these ethical issues like excess of work pressure, greediness, and lack of supervision or some other personal reasons. In order to tackle these issues companies have devised various techniques. At the time of employment each employee signs a written agreement pledging to stay away from unethical behavior and to report if witness someone indulging in it. Consequences of unethical behavior are also stated in the agreement.

So management is a broad field involving lots of people and if proper communication is there, then these issues will no more exist thus enabling peace of mind and prosperity of the organization.

 

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