B) Explain how business leaders can influence his/her employees' behavior? Provide one example to support your answer.
According to Stead, Worrell, and Stead (1990), Business leaders can influence employee behavior by inspiring and motivating them. The leaders need to work with the employee at individual levels; this will help them understand their employees' aspirations and goals. The leaders should help their employees to understand their roles and responsibilities within the organization clearly. This will help the employees know what to do, when, and how to do it. The leaders can also influence the behavior of his or her employees through the identification and promotion of positive behaviors through promotions and giving of rewards. For example, an organization should reward the employees who have been in the best of their actions at the end of the year. By doing so, many of the employees will strive to be the best.
C) What is corporate culture? Explain how it is linked to business ethics.
According to Lozano (1998), corporate culture refers to the behaviors, norms, and beliefs that determine how a company's management and its employees interact. Business ethics refers to examining and implementing business policies and practices and finding solutions to the ethical problems that may arise within the organization. Business ethics are linked to the corporate culture as it implements the appropriate policies and the practice that the business upholds. The business ethics also governs the actions and behaviors of the employees and the management within any business. Effective, ethical norms depends on how the employees interact and share a common corporate culture.
D) Name three tools that can help to build an ethical corporate culture.
According to Stead, Worrell, and Stead, (1990), some of the tools that can aid in building ethical corporate culture is communication; the managers need to effectively communicate with the employees on what is expected of them. When the employees are aware of what is expected of them, there will be less confusion and minimal conflict, and they will try to attain the desired results and outcomes. The second tool is motivation; when the employees are positively motivated, they are likely to adhere to the corporate culture and work toward the success of the business. Rewarding the employees motivates them to work harder and to observe their conduct within and outside of the organization. The third tool are training; the top managers and employees need to offer training and share their experiences with the junior employees; this builds trust and confidence, leading to the development of an influential ethical corporate culture. Offering training helps in the growth of the employees career-wise and helps in developing their skills and talents.
E) Name and briefly explain two tools available to implement an ethical corporate culture?
The management should ensure that they clearly define their expectations to the employees in terms of what is okay to do and what is not to implement the ethical corporate culture successfully. The business manager needs to conduct regular meetings with his or her employees to remind them of the business's goals, objectives, and expectations. In addition, the leaders need to reinforce the behaviors they want and not to reinforce the behaviors they don't want. Giving rewards and recognition reinforces the desired behaviors while condemning the negative behaviors helps in urging the employees to avoid them. This can be done by promoting the employees who have portrayed excellent ethical behaviors and demoting those employees who fail to adhere to corporate cultures and ethics.
F) What is the main goal of a social entrepreneur, and how is it different than the goals of a regular entrepreneur?
A social entrepreneur refers to a person who establishes an enterprise to help solve social problems and to effect social change in society. The social entrepreneur aims to identify and develop efficient change makers who help in motivating the mass development of ideas, strategies, and appropriate solutions to issues affecting society. A social entrepreneur's primary goal is to implement widespread improvement in an organization or a business to enhance its survival in the competitive world. Unlike the regular entrepreneur whose aim is to earn profits, the social entrepreneur focuses on the improvement of the firm rather than making profits (Certo & Miller, (2008).
G) Name and briefly explain four different ways that express the value of "work."
Some of the ways to express the value of work is quantifying the success. Listing the achievements and accomplishments helps to express which work you feel has more value than the other. The second way to express the value of work is through prioritizing the work; work with more value should handle first followed by list valuable. The third way is clearly defining and understanding the purpose of the tasks. This will help in differencing what work needs to be done precisely and urgently. The last way to express the value of work is through communication when the manager communicates with the employees about a certain task they are able to understand its importance to the organization and will work towards its success.
References
Certo, S. T., & Miller, T. (2008). Social entrepreneurship: Key issues and concepts. Business horizons, 51(4), 267-271.
Lozano, J. M. (1998). Ethics and corporate culture: a critical relationship. Ethical Perspectives, 5(1).
Rashid, Z. A., Sambasivan, M., & Johari, J. (2003). The influence of corporate culture and organisational commitment on performance. Journal of management development.
Stead, W. E., Worrell, D. L., & Stead, J. G. (1990). An integrative model for understanding and managing ethical behavior in business organizations. Journal of Business Ethics, 9(3), 233-242.
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