Ethical Issues on Toyota

Topics: Toyota, Ethics, Hybrid electric vehicle Pages: 14 (4568 words) Published: January 9, 2011
M. Rahim Ejaz

Learn How to Conduct Business Ethically

What is the importance of business ethics?
Business ethics reflect the behavior of a business firm with rest of the world. The dealing of a business house with its consumers, rivals, associated firms and every other body defines its business ethics to be good or bad. The history has many instances, where renowned business brands lost their reputation and were fined for following undesirable business manners. These ethics can help a business to grow and remain in healthy competition, though today’s competitive world is discouraging small and big business brands to remain ethical. With WSI business opportunity, you can learn methods of becoming sue.

What we have learnt from the course of Business Ethics?
Course Description: Business ethics is an important part of any industry. Students or managers, unfamiliar with many ethical challenges, behaviors, or regulations will find themselves struggling in business industries that include finance, accounting or human resource management, marketing and retail. Today's managers must necessarily concern themselves with ethical issues, because unethical behavior creates legal risks and damage to businesses as well as employees and consumers. Business ethics have become an integral part of business education in general. A student or manager who is well-versed in ethical behavior in practices, not only in the domestic market but internationally, will find him or herself better prepared to deal with issues or situations that may arise that don't always involve easy answers or decisions. Each one of us, from the individual consumer to the CEO of an international corporation, is affected in some way by business ethics during the course of his or her life. Therefore, everyone has a stake in the ramifications resulting from unethical business decisions. This business ethics course offers an introduction into the concept of values, morality, as well as cultural beliefs and upbringing in all areas of business, from consumer rights to corporate social responsibility. Decisions made by shift managers or corporate presidents may affect thousands of individuals or entire communities. Consumers today expect and demand integrity, honesty, and transparency in all levels of their environment. Understanding those expectations is the key to communicating core values and behavior not only to employees, but society in general.

Business Ethics | Toyota Motors


M. Rahim Ejaz

Why the business ethics is so important in the Managerial Business? Audience Managers and supervisors who want to learn how to create an ethical work environment and encourage ethical behavior and discourage unethical behavior in their employees. Objective • • • • • •

Demonstrate characteristics of ethical managers. Identify ways to ensure ethicality in the workplace. Follow steps for handling ethical dilemmas brought to you by subordinate employees. Identify causes of unethical behavior. Identify methods for recognizing a subordinate employee's unethical behavior. Follow an intervention process for ending unethical behavior.

Understanding Business Ethics and Ethical Issues
• • • • • • •

Identify seven characteristics ethical managers possess. Identify the three categories of ethical management. Demonstrate characteristics of ethical managers. Demonstrate the moral ethical management style. Identify common human resource issues. Identify criteria used to handle ethical issues where all solutions violate ethical principles. Simulation Overview:

Addressing Subordinates' Ethical Issues
• • • •

Identify ways to ensure ethicality in the workplace. Identify the steps for handling ethical dilemmas brought to you by subordinate employees. Follow steps for handling ethical dilemmas brought to you by subordinate employees. Identify the steps of the whistle blowing process.

Recognizing an Employee's Unethical Behavior
• • • •

Identify causes of...
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