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Foundations of Business Success - Assignment

   

Added on  2020-09-08

9 Pages2684 Words28 Views
Foundations of BusinessSuccess

Table of ContentsINTRODUCTION...........................................................................................................................1TASK...............................................................................................................................................1LO 3 Significance of ethic, workplace culture and organisational structures.............................1LO 5 Theories of management and organizational structures relating to workplace..................3CONCLUSION ...............................................................................................................................5REFERENCES................................................................................................................................7

INTRODUCTIONEvery organisation want to keep a positive workplace environment because it assistworkers in increasing their efficiency and motivate employees to expand their limits(Antonacopoulou, 2011). Mantra Bell City is a hotel in Melbourne who is operating in thehospitality industry. This sector is continuously growing and it has attained remarkable growth inpast few years. Many other industries are closely connected to this sector like travel and tourismcompanies. This assignment will discuss about importance of ethics at workplace. It will analyseorganisational structure of Mantra Bell City and its various branches. Various theories ofmanagement, which are related to workplace, will become significant part of this project. TASKLO 3 Significance of ethic, workplace culture and organisational structuresEthics are moral standards of a person, it make a huge impact on any activity which theyare performing at workplace or in their life. Every organisation want to hire an employee whohave some significant values like loyalty, integrity etc. Below are importance of ethics regardingbehaviour and conduct at workplace:Fulfilment of legal requirements – Their are various rules, made by Australiangovernment, present in the business environment where Mantra Bell city is operating. Theselaws are relating to health and safety of worker, privacy, equal employment etc. When high levelof ethical standards are followed by employees of an organisation then company do not facelegal trouble (Brandstätter, 2011). Ethics play crucial role in protecting fundamental right ofworker. When personnel know that they do not have to focus on fundamental issues likediscrimination, disability etc. then they keep their focus on allotted work and it ultimatelyincrease their productivity and save them from insignificant distractions. Protect assets of company – High moral standards make a positive pressure on workers touse resource of company in proper way and do not steal them at any cost. This is important forhealthy workplace and it save property of organisation. Mantra Bell City is a hotel and stealingthings from this enterprise is not a difficult task. Ethics will positively affect behaviour ofemployees at workplace and they some of them, who may be currently stealing different stuff,may stop doing wrong things. 1

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