Managers have many opportunities to pursue their own interests, and can use thei
ID: 345739 • Letter: M
Question
Managers have many opportunities to pursue their own interests, and can use their power to take advantage of subordinates, limit their freedom, and even steal their ideas. At the same time, managers may have a natural tendency to become risk averse. In light of these ethical dilemmas, answer the following:
a. What kind of ethical code or leadership actions should an organization create to try to prevent the selfish managerial behaviors that can contribute to inertia?
b. How can your organization use ethics to encourage managers to maintain a risk-taking attitude that benefits all stakeholders?
Explanation / Answer
a. Managers are also prone to serving self-interest. In order to reduce the chances of such events, an organization can do the following
b. Managers are usually risk averse. In order to encourage risk taking attitude the organization could try the following
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