Saturday, 23 February 2019

VARIOUS ETHICAL AND UNETHICAL ISSUES IN DISCIPLES OF MANAGEMENT

ETHICS:-
Ethics or moral philosophy is a branch of philosophy that involves systematizing, defending, and recommending concepts of right and wrong conduct. Ethics seeks to resolve questions of human morality by defining concepts such as good and evil, right and wrongvirtue and vicejustice and crime.


ETHICAL AND UNETHICAL PRACTICES IN DISCIPLINES OF MANAGEMENT IN
  • HR
  • FINANCE
  • MARKETING 

ETHICAL ISSUES FACING IN HR(HUMAN RESOURCE ):-
In case of human resource ethical issue can been seen during job analysis,recruitment,and selection .Thus human resource deals with setting standard that promote ethical behavior in work place.The following ethical issues related with human resource are
  • Employee empowerment 
  • Safety and health 
  • Workplace diversity
  • Performance appraisals 
  • Employees discrimination





UNETHICAL PRACTICES IN HR:-
Ethical organisation source during human resource management face several unwanted problem .according to recent data 120 million people face unethical issues in the country according to survey conducted by ethical resource center (ERI).Followings are the unethical issue during human resource

  • Employees poaching 
  • False recommendation
  • Motivating by false promises 
  • Biased with employees
  • Violating company


ETHICS ISSUES FACING IN FINANCE:-

In case of finance Ethical issue is concerned with how to make a suitable honest preparation in case of transaction i.e., during data keeping, accounting period ethical issues arises and need to be handled properly. Following ethical issues related to finance are:
  

  • Accuracy
  • Transparency
  • Timeline
  • Integrity
NON ETHICS ISSUES FACING IN FINANCE:-
Unethical issue in finance can be seen in partnership and private limited companies. Sum of the unethical issues in finance are :
  • Window dressing 
  • Buying own company's share
  • providing false financial statement 
  • not paying taxes
  • delay in payments of debtors or vendors  

ETHICS ISSUES FACING IN MARKETING
Ethical marketing is less of a marketing strategy and more of a philosophy that informs all marketing efforts. It seeks to promote honesty, fairness, and responsibility in all advertising. Ethics is a notoriously difficult subject because everyone has subjective judgments about what is “right” and what is “wrong.” For this reason, ethical marketing is not a hard and fast list of rules, but a general set of guidelines to assist companies as they evaluate new marketing strategies.



  •  Deceptive marketing policies 
  • Anti-competitive practices 
  • Marketing and promotion 
  • Current market condition 
  • Pricing of customer
NON ETHICS ISSUES FACING IN MARKETING
unethical marketing can convey wrong signal about any product and it can also destroy the brand reputation and at last we have to face legal problems.the various unethical issues regarding marketing are as follows-
  • False promises
  • Making claims or unverified claims 
  • False brand comparison
  • Misleading information
  • Spamming

75 comments:

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