AN ANALYTICAL STUDY ABOUT THE ROLE OF BUSINESS ETHICS IN MANAGEMENT : ITS ISSUES AND CHALLENGES
Abu Anowar Aminul Hoque
Graduate Teacher (Arts), Garchariali H. S. School, Charaideo.
Masters in Economics, Gauhati University
Now a days, business ethics become an integral part of every business organization. To adapt with the fast changing environment and competition a business organization should follow the business ethics so that the employees may define what is right and what is wrong is an organization. In a business organization the role of a manager is like the role of a leader. Because the management sets the standard for the employees how they should carry on the day to day activities. Running a business in an ethical manner creates a stronger bond between the employees and management. It is the management which can direct employees and guide them in making decisions by maintaining ethical practices and behavior.
This research paper aims to reflect the issues and challenges faced by the management in maintaining business ethics in today’s business scenario as business ethics helps to create long lasting positive effects for a business organization by retaining highly talented employees and developing a good reputation within the community.
Key Words : Management, Business ethics, ethical practices, business organization