Question

1.Discuss what makes people behave unethical in an organizational environment?

2.Discuss what you know and like about Planning and Budgeting.

Answer 1

1). Cheating, deception, organizational misconduct, and many other forms of unethical behavior are among the greatest challenges in today’s society.Unethical behavior - unethical actions committed by people who value about morality but behave unethically when faced with an opportunity to cheat. A business frame cognitively activates one set of goals- to be competent, to be successful, while ethical frames triggers other goals. Once one is in this frame of mind, they become focused on meeting these goals, and other goals can completely fade from view. That some goals take the forefront and others become suppressed highlight that we aren’t aware of our unethical behavior. It’s not the character that makes one unethical, but instead the situation and frame of mind they are in.

Following factors influencing people to behave unethical in an organisational environment:
They are: (1) one’s personal moral values and standards,

(2) family and friends who provide support and insight in resolving ethical issues,

(3) boss who controls the pressure employees have to compromise ethical standards,

(4) company environment/culture which controls the pressure to compromise employee’s ethical values to achieve organizational goals,

(5) company management philosophy that emphasizes ethics in business operations.

2). Planning is primary fuction of management. Planning is the process by which an individual or organization decides in advance on some future course of action.

Planning is important:

a) To offset uncertainty and change.
b) To focus attention on objectives,
c) To gain economical operation, and
d) To facilitate control.

While

Budgeting is used by businesses as a method of financial planning for the future. Budgets are prepared for main areas of the business – purchases,sales (revenue), production, labour, trade receivables, trade payables, cash –and provide detailed plans of the business for the next three, six or twelve months.

Thus planning is also part of budgeting, both have different but planning is primary important aspect for the businesses.