ETHICAL AND UNETHICAL ISSUES IN DISCIPLINES OF MANAGEMENT

                                                                                                                                                                    WHAT IS ETHICS?                                                                                                                   

Ethics is a branch of philosophy which is concerned with human charter and conduct. It refers to the standard of behavior of conduct which is based on moral values that guide people about what is right  and wrong.

BUSINESS ETHICS?

                                                       

In the business scenario, the organization culture set standards for the determination of the different between good and bad behavior. We can add examples like maintaining  honesty, prossessing the discipline  and fairness towards the company that a person is working.

ETHICS IN HUMAN RESOURCE MANAGEMENT

Human resource means the collection of people and their characteristics at work. HR management involves both strategic and comprehensive  approaches to managing people as well as workplace culture and environment.

Ethical issues

       Employee responsibility:

The organization have some duties and responsibilities towards their employees, like an employee should have care of duty and the responsibility of safety at the work place of the organization where it is situated and for ensuring workers received sufficient information training and instruction at the work place to perform work

       Employees discrimination:

There were several standards where there are imposed about the most of the companies for demotivating and the discrimination is based in these things like culture, religion, sex and so on.

       Performance appraisal:

Human resource management can be influencing by an ethical review climate designing by a performance evaluation system that stresses objectively and by training on concert procedures and ethical practices and the employees can also help to motivate them to do hard work prosperity.

       Safety and health:

It provides health and safety services for the employees belonging to all the employees as well in the company.

       Privacy:

Human resource manager as well should take care of the privacy and policies of the employees under the organization.

Unethical issues 

      Abusive behavior

If the head of the organization is not been able to resolve the problem pf the employees then we have to complaint under human resource . Some of unacceptable behavior like shouting, crying, insulting himself happen so that it will affect the  for the employment work in the organization.

       Employee theft:

Use or misuse of the employee's assets without permission means stealing. Assets like merchandise company property, money, suppliers and many more i can be very serious issue for the human resource manager to look these kinds of things happen in company.

      Workplace conflicts:

It can also happen by employees in organization due to unfavourable decision making or to the short of discrimination. The HR manager should take some strict action against those or to avoid these ethical way.

      Violating company interest policy:

Researches says that the huge amount of money is waist if unnecessary like internet suffering. Due to this there is wastage of company's money as well as time.

ETHICS IN MARKETING MANAGEMENT

The moral principles and values that oversee the actions and decisions of a person or group. It is important to maintain high ethical standards to protect the interests of customer and the public, and the reputation of the clients.

Ethical issues

Ethical Issues in Marketing. Ethical problems in marketing stem from conflicts and disagreements of marketing like.

• Market Research
• Market Audience 
• Ethics in Advertising and Promotion
• Delivery Channels
• Pricing Ethics

                                                       

Unethical issues

Unethical behavior such as price wars, selective advertising, and deceptive marketing can negatively impact a company's relationship of marketing like 

      Accuracy in advertising:

Especially in online marketing, they used to photographs of the product showing like high-quality product but in actually they sell worst quality of product.

                                                  

      Emotional exploitation:

This problem arises every once in a while, they making a quiet exit when the consumers complained feeling and manipulated.

      Using women and drawing them as a sex symbol for adults:

In certain marketing based advertisements showing to women as a symbol of sex to attract towards the attention of the adults.

       False brand comparison:

Comparing one product to another that is really not related, in order to make one thing look more or less desirable then it really is.

      False promise:

Giving false promise about the product quality's to the consumer like guarantee, warranty etc.

ETHICS IN FINANCE MANAGEMENT

The role of ethics in financial management is to balance, protect and preserve stakeholders' interests. Typical standards found in a code of ethics in finance include:Act with honesty and integrity. Avoid conflict of interest in professional relationships.

Ethical issues

      Transparency:

The people who aren't familiar with the company's operations. Financial managers should not hide otherwise render relevant financial information impossible for ordinary shares to understand.

      Insider training:

Refers generally to buying or selling securities, in a branch of a fiduciary duty or others relationship of trust and confidence, while in possession of material, nonpublic information about the securities.

      Integrity:

Employees, shareholders, customers, stakeholders, should be have trust upon the managers should not allow prejudice, bias, and conflicts of interest, they should be ethical, without disclosing any personal data of the customers.

      Timeliness:

Timely updating of financial records is as important as being accurate and transparent. Managers, stakeholders, investors have to get accurate data within the time to so that they can use that in the process of decision making.

Unethical issues

• Creating fake bills of purchase to show high costs for not to pay bonus for the employees
• Taking the loan from private financial institutions at a higher rate to avoid tax
• Delaying payment of wages, incentives, interest to financiers, bonus to employees, etc
• Giving false promises to the customers and stakeholders
• Not promoting sales tax, custom duty, provident fund, excise duty.

                                         

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