Management Planning

Paper Summary:

This paper discusses the value of an ethical code of behavior for corporations and points out that when employees behave morally and ethically, the corporation is more likely to function as an ethical business, and morale will be higher amongst the employees. In contrast, the paper notes that when employees do not conduct themselves in an ethical manner, the corporation and the employees suffer negative consequences.

From the Paper:

"Except in a rapacious game of 'Monopoly,' and perhaps not even then-for even the most basic game operates according to a series of rules and fair play-a corporation must function inside a societal and legal environment of constraints. When one individual transgresses, it is tempting to look the other way. It is easy, when one sees someone making theft of company time, office supplies, or committing other ethical lapses to tell one's self that this does not matter, so long as one does one's job. I did so myself once and paid a heavy price."

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