Friday, December 20, 2019

The Role of Ethics and Law in Creating and Maintaining...

I. Introduction. With the public debate going on nowadays, regarding environmental and social issues, there is a proficient need to educate future business leaders on actually how to run a business in a manner that contributes towards modern day concepts of sustainability and protection of natural resources around the world. The global business leaders of tomorrow will need to be flexible and able to incorporate all aspects of good decision-making in an increasingly complex global business environment. (Berenbeim 2005) Ethical leadership has become vital to the future of American businesses as they mold the foundation for these developing generations. Executives operating within today’s society must be mindful in taking an active role within business schools to ensure that current students are fully prepared for the responsibility, authority and hard work that will be endured. (Churchill 1982) These types of business students are accepted into NYU Stern every year as the schoo l maintains the Business Society Program (BSP) within the course, Professional Responsibility and Leadership. The purpose of BSP â€Å"is to ensure that every Stern student graduates with a strong understanding of his or her responsibilities as a business professional, and with a keen appreciation for the role of ethics and law in creating and maintaining efficient markets and best business practices.† Having attended this school for four years, I can say that Stern has embodied a system ofShow MoreRelatedThe Management Of A Business Organization1568 Words   |  7 Pages TOPIC 2 The management accountant plays a number of key roles in: (a) Assisting an organization achieve its objectives; and, (b) making sure that the organization is ethical in its pursuit of those aims. 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The definition of Ethical stance defined by Johnson and Scholes as: ‘the extent to which an organization will exceed it minimum obligations

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