WHAT IS THE ROLE OF ETHICS IN MANAGEMENT? Ethical management refers to corporate management that not only fulfills economic goals and legal responsibilities‚ but also meets the ethical expectations imposed by social norms in conducting business. There are 5 specific functional areas of management which is covered by business ethics : 1) Ethical management in the workplace. Ethical management is the foundation of CSR (voluntary activities undertaken by a company to operate in an economic‚ social and
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Creativity and innovation management Establishment of an enterprise entails making profit through production of products that satisfy the customer and at the same time maintain the social and environment effects of the production. The growth and development of enterprise will thus have supportive elements that ensure that each period in production brings a difference to the business. The comparison of the first automobile in the world cannot be compared to the current automobiles. There is a difference
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of school. What if you were the poorest‚ weakest‚ slowest‚ or the only one in your class? This was the situation of Edson Arantes do Nascimento‚ or Pele. Pele was born on October 23‚ 1940 in Tres Coracoes‚ Brazil and is still alive today. Pele was considered one of the greatest soccer players of all time. He also overcame many hardships in his lifetime. He fought for a better life for the people in Brazil. Not only did Pele have many accomplishments on the soccer field he was also a role model for
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The success of any organization is directly proportional to the employee’s motivation from the leadership. Motivation of the employees is considered as an important factor which is used in improving employee performance thus helping any business or organization to achieve its long term objectives. Leaders can use their positions to motivate employees through incentives and recognition. Consequently‚ performance of the employees can also be awarded through cash incentives as it improves the morale
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A-D) It has been suggested that “financial rewards do not guarantee more productivity‚ but paying attention to employees’ motivational needs does” and that “managers need to pay less attention to financial incentives and more to the actual motivation needs of their employees” (Sunday Business Post 2012). This is further supported by the results of the 2011 Mercer’s What’s Working survey where “being treated with respect‚ a work-life balance‚ the type of work undertaken … were ranked ahead of
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Managers often assume that motivation is the only determinant of job performance. Please explain what the basic model of work motivation and performance is. What two important things‚ outside of motivation‚ are there to take into consideration that also affect job performance? According to Williams (2013)‚ motivation is the set of forces that initiates‚ directs and makes people persist in their efforts to accomplish a goal. The basic model of work motivation and performance shows the factors
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Definitions‚ Types and Theories of Motivation. Definitions. Motivation (motus‚ movere = to move) has been defined variously by psychologists as: ’the phenomena involved in a person’s drives and goal-seeking behaviour’; ’the tendencies to activity which commence with a persistent stimulus (drive) and end with an appropriate adjustive response’; ’the arousal‚ regulation and sustaining of a pattern of behaviour’; ’the internal state or condition that results in behaviour directed towards a specific
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Introduction There are two types of motivation: extrinsic and intrinsic. An individual is extrinsically motivated when they are motived by the environment or consequences. Such motivation can come in the form of money‚ food‚ attention‚ privileges‚ etc. Intrinsically motivated individuals are motivated by their own interests and capacities (Reeve‚ 2009). One would say that they do an activity because it interests them. Intrinsic motivation comes from certain psychology needs that every person
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Pets or People? Throughout time‚ humans evolve and change their views‚ and adapt to new environments and views. But‚ it seems the roles of gender never change enough. From the sixties until now‚ there are still gaps from men to women that never seem to meet. The culture of the sixties‚ namely music revealed to us how women were shown to be submissive‚ follow the men‚ and need men in their life wherever they go‚ just like pets. For some reason‚ for all of time‚ humans have thoughts that one group
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Motivation: Motivation is derived from Latin word mover which means “to move” motivation is the process that account for an individual’s intensity direction and persistence of efforts toward attaining a goal. While general motivation is concerned with effort to word any goal we will narrow the focus to organizational goals in order to reflect our singular interest in work related behavior. The three key elements in our definition are intensity direction and persistence intensity is concerned
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