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Summary Ch3 - Professionalism and Ethics Platinum Business Studies, ISBN: 9780636140127 Business Studies

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Summary of Professionalism and Ethics in a workplace.

Institution
12

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CHAPTER 3

PROFESSIONALISM AND ETHICS

PROFESSIONALISM

MEANING

Refers to what is right and wrong or accepted in a workplace – a standard of expected behaviour

Focuses on developing a moral compass for decision making - includes guidelines for employees’ appearance and
communication.

PROFESSIONAL BEHAVIOUR

• Describes a certain behaviour or level of competency and adherence to an ethical code of conduct
• Showing respect for others – take responsibility for work preformed according to the job description

UNPROFESSIONAL BUSINESS PRACTICES
SEXUAL HARASSMENT

- Managers who promise promotions in return for relations
- Reluctant to report due to victimization – reduces productivity
• Challenges:
- Affected part may stay away regularly from work
- Business loss in female employees – attract fewer female applicants
• Strategies:
- Provide a framework for corrective action
- Formulate policies involving sexual harassment
UNAUTHORISED USE OF WORKPLACE FUNDS AND RESOURCES

- Employer who uses business resources for personal gain
- Employee who downloads music/ movies using business resources
• Challenges:
- Discourages investors as fraud and corruption increases risk of investment
- Business can experience substantial loss if it goes unchecked
• Strategies:
- Conduct regular audits
- Identify risk and vulnerable areas
ABUSE OF WORKTIME

- Making personal calls during work hours
- Making extended lunch breaks
• Challenges:
- Result in losing costumers or not meeting deadlines
- Wasting time costs the business money and affects productivity
• Strategies:
- Speak directly to the employees who abuse time
- Monitor employees to ensure tasks are completed

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Chapter 3
Uploaded on
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Number of pages
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Written in
2020/2021
Type
SUMMARY

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