Managment Control

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|Personal ethics, organizational culture and system                                                       |
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Contents
The word ‘ethics’ 3
Values 3
Examples of ethical values 3
Personal ethics as business ethics 4
Organizational culture 5
Organizational systems 6
Examples of organizational systems 6
Questionnaire 8
Conclusion 14
References/bibliography 17

Impact of ethics at individual level vis-a-vis organizational culture on its ethical structure

The word ‘ethics’ is derived from the ancient Greek word ‘ethos’ which “means nice character” ( Spyros G and Tina)

“Ethics is code of values which guide our choices and actions and determine the purpose and course of our lives.” (Ronald, R.S)

There are two aspects of ethics: the first involves the ability to determine right from wrong, good from evil, and propriety from impropriety: the second involves the commitment to do what is right, good and proper. Ethics is not simply an idea, ethics is an action concept.

Values can be defined as things that are important or valued by someone, group or in an organization. Values are those things that really matter to each other the ideas and beliefs we hold as special.
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To start with explaining the ethical values of an organization, ethical values are generally
Open and clear in an organization. They may be incorporated in a business statement or business philosophy. Ethical values such as honesty, truth and fairness are the fundamental to the practice and behaviour that direct inter changes between the people... [continues]

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