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Topic: Business
Number of pages / Number of words: 6 / 1616
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These lessons learned as a youth growing up carry over into adulthood, as an employee, and or manager. It is imperative to possess high ethical values if one wishes to succeed in any formal organization. Compared to traditional managerial styles (system 1 and 2), modern managers are usually system 3 or 4, these types of managers are more democratic, and communicate with all levels of subordinates (3)...


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This managerial style promotes good ethical values. The result is a more cohesive formal organization, and informal organization. This change in managerial style, from system 1 to system 4, is a direct result of ethical values being implemented into modern business practices. The benefits of implementing a code of ethics at work are clear, productivity is greatly increased and the moral of all employees rises...


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