Business Ethics and Responsible Management

BUSINESS ETHICS
AND RESPONSIBLE
MANAGEMENT

Table of Contents
INTRODUCTION...........................................................................................................................4
PART 1 (A)......................................................................................................................................4
1.1A Introduction and explanation of ethical dilemma...............................................................4
1.2A Company affect the society with these issues....................................................................5
1.3A Stakeholders affected by the issues....................................................................................6
1.4A Good and bad ethical practices...........................................................................................7
1.5A Recommendations..............................................................................................................7
PART 2 (B)......................................................................................................................................7
1.1B Introduction of ethical theories...........................................................................................7
1.2B Application of theories.......................................................................................................8
1.3B Critically evaluated the selected theories...........................................................................9
1.4B Recommendation..............................................................................................................10
PART 2..........................................................................................................................................10
2.1 Ethical leadership management...........................................................................................10
2.2 Reflect about how ethical leadership management can be put in practice in an unethical
business environment................................................................................................................10
2.3 How personal ethics, integrity and compliance help to practice ethical leadership
management at work place........................................................................................................11
2.4 Own working experience at your work place as an ethical leadership manager.................11
2.5 Conclusion of Ethical Leadership Management in an UN-Ethical Leadership environment
...................................................................................................................................................12
CONCLUSION..............................................................................................................................12
REFERENCES..............................................................................................................................13

INTRODUCTION
Business ethics is useful in order to conduct and operate the organisation by considering
the practices and policies and every business needs to have ethics which is useful in order to
achieve their goals and objectives in an ethical and desired manner (Haski-Leventhal, Pournader
and McKinnon, 2017). As ethics involve knowledge and understanding about what is right and
wrong and how to deal with the complex situation. Business ethics also impact the decisions
which is related to the organisation. This report is based on the case of gender pay gap which is a
difference between the remuneration of male and female who are working in an organisation.
This difference is based on various factors such as discrimination on the basis of gender, caste,
education, working hours and many more. This report is in the context of TESCO, which is a
supermarket store headquarter in England, UK and also describe its gender pay gap report. This
report is going to cover the explanation about the ethical dilemma and how the company affect
the society with these issues. Moreover, it also select five stakeholders who are affected by the
issues. In addition to this, it use two theories in order to describe the selected issues and also
provide recommendation. Despite of this, also reflects the ethical leadership management.
PART 1 (A)
1.1A Introduction and explanation of ethical dilemma
This section of report covers the various issues which influences the society and also
describe that how the stakeholders affect from these issues (Borges and et. al., 2017). Moreover,
also depicts the good and bad ethical practice and what is learned from it and provide
recommendations which can safeguard the stakeholders in future in order to avoid various issues.
While considering the ethical dilemma which is described by the senior manager of TESCO for
the gender pay gap, the poor rating is come from their female employees as they analyse the
discrimination and difference in their pay. It is addressed to senior managers which is to bring
out the attention about the dilemma in the unethical practices Through the official gender pay
report of TESCO stores Ltd, it is determined that hourly wages pay for women is 92p for every
£1 that men earn which means 8% lower than men.