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3 Cards in this Set

  • Front
  • Back
Ethical management
Ethics is the application of moral standards to management behaviour.Ethical behaviour should be used when hiring and firing employees, promoting employees, andthrough advertising. Also, ethical employers must not discriminate against race, gender or age.
Conflict of interest
Conflict of interest occurs when a person takes advantage of a situation or piece of information forhis/her own gain, rather than for the employer’s interests.
Ethical and socially responsible management guidelines
Social responsibility is where organisations consider the interests of society by taking responsibilityfor the impact of their actions on suppliers, customers, employees, shareholders, communities andthe environment.