Ethical Management
Ethical management is the process of applying the principles and rules established to distinguish right from wrong in an organization’s operations, and to create a fair and honest environment for all stakeholders. Ethical management ensures that businesses not only aim for profit but also act with a sense of responsibility towards society and the environment. By adopting ethical management practices, companies build trust and achieve long-term sustainable success.
Ethical management is based on fundamental values such as transparency, honesty, fairness, respect, and responsibility in the business world. Ethical principles help employees and managers find right and fair solutions to the challenges they face in professional life. Furthermore, ethical management ensures that the company fulfills its responsibilities to society, remains environmentally conscious, and respects human rights.
Implementing ethical management in an organization is not limited to complying with legal regulations. It also requires guiding employees and other stakeholders in line with the company’s values, vision, and mission.
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