MGT1070 Managerial and Professional Ethical Standards is a course offered by the University of Miami that is designed to provide students with a comprehensive understanding of ethical principles and practices in the workplace. This course explores the key ethical issues that managers and professionals face in their day-to-day operations and equips students with the tools and knowledge to make sound ethical decisions.
The course focuses on the importance of ethics in today’s business world and emphasizes the role of managers and professionals in creating a culture of ethical behavior within their organizations. Students will learn about the various ethical frameworks and models used in decision-making, as well as the legal and regulatory requirements that govern ethical conduct.
Explore free assignment samples for MGT1070 Managerial and Professional Ethical Standards course!
At Malta Assignment Help, we offer a wide range of free assignment samples for the MGT1070 Managerial and Professional Ethical Standards course. These samples are designed to provide students with guidance and insights into the key concepts and topics covered in the course. By referring to these samples, students can enhance their understanding of ethical standards and develop the necessary skills to navigate complex ethical situations in a professional setting.
Here, we will provide some assignment briefs. These are:
Assignment Brief 1: Recognize ethical models ranging from utilitarian to deontological, and apply them in management.
There are several ethical models that are commonly used in management, ranging from utilitarian to deontological. Here are a few examples:
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Utilitarianism: This ethical model emphasizes maximizing overall happiness or well-being for the greatest number of people. In management, utilitarianism might be applied by considering the potential consequences of a decision on all stakeholders, and choosing the option that produces the greatest net benefit.
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Deontology: Deontological ethics emphasizes adherence to moral rules or principles, regardless of the outcome. In management, deontological principles might be used to guide decision-making by considering ethical duties and obligations, such as treating employees fairly and honestly, even if it doesn’t maximize profits.
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Virtue ethics: This ethical model focuses on developing positive character traits, such as honesty, compassion, and fairness. In management, virtue ethics might be used to promote ethical leadership by emphasizing the importance of being a good role model for employees.
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Social contract theory: This model emphasizes the importance of maintaining social order through mutually agreed-upon rules and norms. In management, social contract theory might be used to emphasize the importance of treating employees fairly and respecting their rights, as agreed upon in the employment contract.
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Care ethics: This model emphasizes the importance of relationships and caring for others. In management, care ethics might be applied by emphasizing the importance of creating a positive work environment that promotes teamwork, open communication, and mutual support among employees.
In practice, managers may use a combination of these ethical models depending on the situation, and may need to balance conflicting ethical considerations. Ultimately, the goal is to make ethical decisions that align with the company’s values and mission, while taking into account the interests and well-being of all stakeholders.
Assignment Brief 2: Relate to current professional standards expected from management.
The current professional standards expected from management are constantly evolving as businesses adapt to changing circumstances and societal expectations. However, there are some general principles that most organizations strive to adhere to in order to maintain ethical and effective management practices. Here are some examples:
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Ethical behavior: Management is expected to uphold high ethical standards, including honesty, transparency, and fairness. This includes treating employees, customers, and other stakeholders with respect and acting in the best interests of the organization as a whole.
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Effective communication: Good communication is key to effective management. This includes clear and concise communication with employees, as well as active listening and feedback to ensure that everyone is on the same page.
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Strategic planning: Management must be able to develop and implement effective strategies for achieving the organization’s goals. This includes analyzing market trends, identifying potential opportunities and threats, and making data-driven decisions.
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Financial management: Management is responsible for ensuring that the organization’s finances are managed responsibly and transparently. This includes developing and managing budgets, monitoring financial performance, and making informed decisions about investments and expenditures.
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Talent management: Management is responsible for recruiting, training, and retaining talented employees. This includes providing opportunities for professional development and career growth, as well as creating a positive work environment that fosters collaboration and innovation.
Assignment Brief 3: Infer on ethical standards, behaviour and other relevant dynamics within the organisation.
Ethical standards are a set of principles that guide the behavior and decision-making of individuals and organizations. In a business setting, ethical standards may include honesty, integrity, fairness, responsibility, and respect for others. Organizations that prioritize ethical standards tend to have a positive reputation and earn the trust of their stakeholders, including employees, customers, and shareholders.
Behavior within an organization is influenced by various factors, such as company culture, leadership style, and communication patterns. A positive organizational culture that values diversity, inclusion, and collaboration can encourage desirable behaviors, such as teamwork, creativity, and innovation. On the other hand, a toxic culture that tolerates bullying, discrimination, and unethical behavior can lead to negative outcomes, such as low morale, high turnover, and reputational damage.
Organizations can promote ethical behavior by establishing a code of conduct that outlines expectations for employees’ behavior and providing training and resources to support ethical decision-making. They can also encourage transparency and accountability by establishing channels for reporting unethical behavior and taking swift action to address any violations.
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