StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Ethical perspectives: Alahmad, Freidman vs Drucker, Murphy - Essay Example

Cite this document
Summary
The researcher of this paper tells that the concept of business management has transformed significantly over the last few years. New ideas have generated in the mode of operation of the business and the idea of ethics has crept in the business. …
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER95.5% of users find it useful
Ethical perspectives: Alahmad, Freidman vs Drucker, Murphy
Read Text Preview

Extract of sample "Ethical perspectives: Alahmad, Freidman vs Drucker, Murphy"

Download file to see previous pages

This paper illustrates that in view of the importance of ethics in business environment, a study was conducted by Alahmad to specify an international code of ethics for leaderships. As the ethical guidelines in any business organization is framed by the business leaders, so specifying the codes of ethics for the leaders is an important concept. The leadership styles of different leaders vary significantly across business organizations. The leadership style is highly dependent upon the culture of the place in which the business organization operates.

Setting up a common code in matters of ethics for the leaders in business organization thus appears challenging. According to the researcher, main frame for the code of leadership is based on attributes of honesty, truth, respect, punctuality, judgmental, humble and dignity. Adherence to such practice by the leaders will give rise to ethical leadership in the organization and the business will strictly follow the ethics. In order to introduce the concept of ethical leaderships in the international arena much stress was also provided by the United Nations through their peace and governance program, besides the United Nations also established the ethics office in order to regulate the practice of ethics on organizations.

In matters of international code of ethics, the leaders of the organizations are expected to be truthful to the society as well as to the customers regarding the products and services offered by them. Thus honesty and truth are important consideration which business houses needs to adopt in order to set an environment of ethics in their business. Punctuality is also a quality which has been held as necessary in setting an ethical environment in business organizations It shows the value which the organization has for others and for the overall organization.

The attribute of a leader whether he is judge mental or not also guides the ethics within an organization. It is necessary for the leaders to interpret matters correctly before imposing a decision on employees. The leaders in the organization needs to be careful that their decisions may harm the others and create obstacles and there lies the importance to understand the issue correctly so an ethics is also maintained in the decision making process of the leaders and no biasness arises in the decision provided by them.

The leaders are also expected to be humble and pay dignity and treat others in an ethical manner (Alahamad, 2010, pp.31-35). Freidman’s view regarding ethical consideration: A contrary view was imposed by Freidman regarding ethics in the business organization. According to him the objectives of any business organization is only seeking maximum profitability. The business organizations do not have any social responsibilities and it is only the people who can have such responsibilities towards the development of the society.

He also specified that business or a corporation is an artificial person and so has some artificial responsibility to carry out but overall business does not have any liability to be responsible. The corporate employees in any business organizations has the responsibility to carry out the task assigned by the employers and unless the business does not have any objective of delivering the needs of the society, the employees in the organizat

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Ethical perspectives: Alahmad, Freidman vs Drucker, Murphy Essay”, n.d.)
Retrieved from https://studentshare.org/business/1395131-business-ethics
(Ethical Perspectives: Alahmad, Freidman Vs Drucker, Murphy Essay)
https://studentshare.org/business/1395131-business-ethics.
“Ethical Perspectives: Alahmad, Freidman Vs Drucker, Murphy Essay”, n.d. https://studentshare.org/business/1395131-business-ethics.
  • Cited: 0 times

CHECK THESE SAMPLES OF Ethical perspectives: Alahmad, Freidman vs Drucker, Murphy

Friedman Vs Drucker

Friedman vs drucker The 1970 article by Milton Friedman titled "The Social Responsibility of Business is to Increase its Profits" argues that businesses were to engage in socially responsible activities it would be equivalent to practicing socialism.... Peter drucker, in his 1981 article, objects to the term "business ethics" and calls it "Casuistry" because it requires different ethical behavior for businesses than it does for individuals.... Both Friedman and drucker object to the use of the term "social responsibility" and "business ethics", although they do not inherently object to the actions and activities undertaken by businesses and executives in the name of social responsibility and business ethics....
4 Pages (1000 words) Book Report/Review

Michael Murphy Brand Analysis

Michael murphy Name Institution Date Michael murphy What is their Brand?... murphy's main marketing brand is his youthful age compared to other candidates who are his seniors.... murphy's compelling biography attracted the attention and empathy of the delegates and party members.... murphy's message stands-out from that of the other contenders as it is geared towards enhancing democracy and equality.... The iconization of murphy has made the electorates feel as if they know him beyond the political circles....
3 Pages (750 words) Essay

Management as Doing Things Right and Leadership as Doing the Right Things

According to Peter drucker, regarded as the father of modern management, “Management is doing things right; leadership is doing the right things.... Management as Doing Things Right and Leadership as Doing the Right Things Management, the set of processes that keep the organisation functioning effectively such as planning, budgeting, staffing, task specification, performance assessment, as well as problem-solving, has always been confused with leadership (Nienaber 2010, p....
9 Pages (2250 words) Essay

Preparing Ethical Leaders for the Business Community: Ethical vs. Unethical Leadership in Practice

ethical leadership carries an importance which requires the writers analyze its effects in more depth.... hellip; he concept of ethical leadership is not limited to the organization or employees but also takes in the society at large, stakeholders and environment.... This paper aims to understand ethical adership in depth and provides examples of how ethical and unethical behaviours of leaders persist in today's globally diverse business environment....
8 Pages (2000 words) Research Paper

The Ideas of Peter Ducker on Management

hellip; cording to drucker (2007), management is the fundamental institution describing the nature of modern industrial system and the needs of business enterprise that plays a major role in producing goods and services through human and material resources together.... drucker has emphasized the importance of role of management not only in business but also on political state of affairs of many countries.... drucker's seven key elements, as described by Hutton and Holbeche, (drucker, 2007a) that influenced organisational thinking and practice to a large extent include, scientific management as the key to productivity; decentralization as the basic principle of organisation; personnel management as the orderly way of fitting people into organisation structures; manager development to provide for needs of tomorrow; managerial accounting for use of analysis and information as the foundation for firm decision-making; marketing; and long-range planning (drucker, 2007b)....
10 Pages (2500 words) Essay

The Ethical Analysis of Corporate Social Responsibility at Facebook

The cases against the CSR concept begin with a classical economic argument started by freidman.... freidman holds that management has only one responsibility of maximizing the profits of the shareholders and the owner (Friedman, 1970).... This paper provides an ethical analysis of corporate social responsibility.... Therefore, using different corporate social responsibility concepts, this paper will different corporate social responsibility in the two case studies and provide an ethical analysis in each of them....
8 Pages (2000 words) Case Study

Drucker vs Porter - The Personality

This paper 'drucker vs Porter - The Personality" focuses on the fact that Peter drucker is renowned in the management circles for his role in devising management strategies and theories which have shaped up the business operations and the same will continue to be the same in the years to come.... nbsp;… drucker is accredited with penning down several papers and books which have time and again highlighted his role in the management and related contexts....
25 Pages (6250 words) Case Study

Greed is Not Good: Teaching Ethics to Professionals

However, conservatives have a different thought towards freidman's stand.... Therefore, freidman's stand concerning the idea of free-market can be useful in a capitalist country.... (freidman, 1962)             Gordon Gekko openly declares that greed is good.... Those businesses that pride themselves in an ethical way tend to thrive....
1 Pages (250 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us