Description
Numbers 1-4 write a minimum of 1200 words with 3 scholarly sources..........
1. Habits of Strong Ethical Leaders
Review the habits of strong ethical leaders in Chapter Five. Evaluate yourself on each of those habits, then identify and describe specific areas where you need to change to be a more ethical leader.
2. Examining Warren Buffett as an Effective Leader
Read the Chapter Five debate issue on page 138. Clearly state whether you think
1) Warren Buffett is correct in trusting his managers based on their character, or
2) Buffett needs to focus more on ethical codes and compliance.
Explain your answer.
3. Moral Philosophies
“Individuals use different moral philosophies depending on whether they are making a personal decision or a work-related decision” (Ferrell, Fraedrich & Ferrell, 2013, p. 166). Review the moral philosophies described in Chapter Six, and answer the following:
1) Which moral philosophy best describes your personal decision making? Explain using an example from your own experience.
2) Which moral philosophy best describes your work-related decision making? Explain using an example from your own experience.
4. White Collar Crime
After reviewing the material on white collar crime (pp. 169-172), read the Chapter Six debate issue on page 171. Clearly state whether you think
1) White collar criminals have underlying psychological disorders that encourage misconduct, or
2) White collar crime is the result of weak organizational cultures and codes.
Explain your answer. Note: the question is not suggesting that an underlying psychological disorder is a legal defense for white collar crime.
The second question (Warren Buffett) also looks at whether ethical behaviors come from inside the individual or whether ethical behavior are influenced by organizational codes, culture and compliance.
3) Have you taken similar positions in both Q2 and Q4? If not, explain.
Explanation & Answer
Attached.
Running Head: BUSINESS ETHICS
1
Business Ethics
Student’s Name
Institutional Affiliation
BUSINESS ETHICS
2
Habits of Strong Ethical Leader
Influential ethical leaders have seven different patterns that direct their daily activities in
an organization. Notably, ethical leadership embraces the difficult and challenging issues that
face the business regularly. Ethical leaders are expected to be knowledgeable and experienced in
making sound decisions. They are courageous and well informed to decide what is best for the
future of the company. Additionally, they should stand by their principles and be ready at all
times to leave the business whenever there is a difficulty in making the right decisions because of
a flaw in the company’s governance system.
There have been influential ethical leaders who set good examples in their leadership by
stepping out in instances where they were unable to make the right decisions. These leaders act
as role models for the upcoming organization's leaders. They include; Jerry Greenfield, Ben
Cohen, Steve Jobs, Michael Dell, Milton Hershey, Bill Gates, and Sam Walton, among others.
Generally, influential ethical leaders are proactive, passionate to do the right thing, they have
strong personal character, role models, actively occupied in decision making and transparent in
the organization, they prioritize the interest of the stakeholders before their own, and competent
because they take a holistic analysis of the corporate ethical culture (Holden, 2017).
As a leader, I attest that I incline myself with the habits of an ethical leader. First, I am a
proactive leader who ensures good progress of the company in terms of tasks performed. I am
actively involved in the process of decision making in my company to see to it that right
decisions are made regarding ways of increasing productivity and profitability of the com...
Review
Review
