A Report on Contemporary Issues in Management: Business Ethics

This report delves into contemporary issues in management, specifically focusing on business ethics within the context of the Oman Cement company. The report explores how the firm organizes the management of business ethics, emphasizing the significance of ethical principles in guiding organizational decisions and maintaining a positive work culture. It critically evaluates the role of firm culture and leadership in managing business ethics, highlighting the importance of setting ethical standards, managing stakeholder relations, and assessing ethical relationships. The report also examines diversity management programs, addressing the issues and problems that arise when managing employees from diverse cultural backgrounds, and suggests strategies to promote effective communication and collaboration. Relevant examples are provided to illustrate the application of these concepts, offering practical insights into how ethical practices can drive business success and foster a positive work environment. The report references various academic sources to support its analysis and recommendations.

CONTEMPORARY ISSUE IN
MANAGEMENT

Table of Contents
INTRODUCTION...........................................................................................................................1
Objectives........................................................................................................................................1
Main body........................................................................................................................................1
A. Description on how firm organize the management of business ethics. ...............................1
B. Description on the critical evaluation of the role and over strategy of firm's culture and
leadership in managing business ethics. .....................................................................................2
C. Relevant example of the above discussion.............................................................................3
Task 3 ..............................................................................................................................................3
A. Define the diversity management programme of the companies. .........................................3
B. Examine the issues and problem of managing the employees within the differed culture. . .4
C. Give the suitable example of the above discussion. ..............................................................4
CONCLUSION................................................................................................................................4
REFERENCE...................................................................................................................................5

INTRODUCTION
The contemporary issues in management plays the essential role in relation to gaining
knowledge, learning organisation values so that this kind of factor can play important role in
order to maintain the firm success. With the help of this the role and responsibilities of the
manager can easily define so that he is able to work in more effective manner. This kind of
function is very helpful in relation to maintain the understanding between firm learning and
knowledge. This is the kind of the process which is related to the recent and current trends within
the organisation (Botha, Kourie and Snyman, 2014). The present report is covering the aspect of
the Oman cement enterprise in relation to understand its dynamic factors and to creates good
bonding between the business and society. To make this all process efficient it is very essential
to play the role of business ethics. The main of this assignment is to understand that how
business ethics plays essential role in order to determine the profitability and productivity with
the business enterprise.
Objectives
These are as-
1. To understand the role of business ethics in relation to organize managerial functions.
2. To understand the overall strategies within firm in order to culture and leadership in
managing business ethics.
3. To understand the program of diversified managerial activities.
4. To understand the issues and problem in order to manage the business function.
Main body
A. Description on how firm organize the management of business ethics.
The business ethics plays the essential role in relation to determine the overall working of
the enterprise without this firm is not able to perform activities in the effective manner. The
Oman cement company is the large organization which plays vital role in order to determine the
success of the firm in the market (Nudurupati, Tebboune, and Hardman, 2016). This is the
construction company and there are various numbers of workers are working and it is very
essential to follow the ethic of the business so that all function can able to run in the smooth
manner. The ethics are the backbone with the help of which for can able to govern the activities
and decision. In firm the code of ethics can be taken as the set of principles which plays the
major role in order to guide the program, policies and decision of the firm. This is very helpful
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term in order to determine the activities of the bsuiness in properly manner. This all kind of
factors affect the reputation, productivity and bottom line of the business. The manager of the
Oman cement company plays the effective role in relation to manage the overall working of the
workers so that they re able to contribute major success to the firm. The business enterprise can
reinforce the ethical behaviour by rewarding employees who work effectively so that the large
success can be contributed and the firm is able to maintain its brand image in the market. This
can be true to said that the positive and effective work culture are very helpful in relation to
improves the morale among the workers. This kind of factor helpful in order to enhance the
productivity and employee retention.
B. Description on the critical evaluation of the role and over strategy of firm's culture and
leadership in managing business ethics.
The role and strategy are the main component which is need to be determine so that the
workers are able to perform the function in effective and efficient manner. The manager of the
firm need to distribute the role and authorities so that they are able to carry the function of the
entity in effectively manner. The Oman cement factor is tanking various kind of the steps in
relation to create the business ethics among their employees so that they are able to perform the
activities in the more effective and efficient manner. The business ethics is the study of the
business situation activities and decision refereed which are helpful in order to determine the
success of the business enterprise. There are various kinds of the components with the help of
which the function of the organisation can be known such are as-
Setting standards of ethical behaviour- According to Beardwell and Thompson, 2014 has
states that the ethical standards are very helpful in order to play the function of the organisation
with the honesty and trustworthy manner. As per the view of has states that this kind of the
activities are the core part in manner to managing the success of the firm. With the help of good
morale in the employee the manager are able to create the good work culture which will be
helpful in order to determine the success and higher amount of profitability. According to has
said that This kind of the standards are very helpful in relation to take the right decision for they
company not the individual and give them courage to perform the business function in the
efficient manner.
Managing stakeholder relation- According to the view of Becker, Kugeler and Rosemann,
2013 has sates that the stakeholder such are as customer, employer and investors plays the
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essential role in order to perform the business function effectively. As per the view of Beardwell
and Thompson, 2014 state that the business ethics plays the major role in order to managing
the relation between the workers so that they are able to carry the business function effectively.
This kind of the activities are having large impact on the growth of the firm. The good relation
between the internal and external personal creates the positive working culture. The good
relation is always helpful in term to having large amount of financial benefits. The firm
performance has direct impact on the stakeholders. According to the view of Becker, Kugeler
and Rosemann, 2013 has states that manager takes various steps in relation to formulate the
business strategy which also can affect the profit making ability of the business enterprise in the
large manner.
Accessing ethical relationship- According to the view of Beardwell and Thompson, 2014 has
states that the ethical relation play the major role in order to determining the success of the firm
so that the all individual are able to carry the function of the firm in effectively manner. As per
the view of Nudurupati, Tebboune, and Hardman, 2016 has said that The ethics are helpful in
relation to create the positive working within the business enterprise. As per the view of Becker,
Kugeler and Rosemann, 2013 has said that this is also the kind of source of pride and self
respect which is very essential for the company itself. According to the view of Nudurupati,
Tebboune, and Hardman, 2016 has states that this kind of the factor are very essential in
relation to maintain the good relation between the employer and employees so that they all are
able to carry business function effectively. With the help of promoting the ethical work
relationship the organisation is able to encourage staff meeting so that they all are able to carry
the business oppression effectively. The Oman cement factory is having large number of the
worker and it is the construction company. Therefore, it is very essential to have the good
relation between the worker so that they are able to perform the work in more effective and
efficient manner.
C. Relevant example of the above discussion.
This the above discussion can be understood with the help of the example are as to
manage the standards of legal relationship, managing stakeholders' relation and analysis ethical
relation can be maintain if employee in the firm will be judged according to the score boar
performance. The manager and leaders should record the performance of each employee so that
they better analysis can be happen and this kind of factor will able to main the above discussion.
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This factors are very helpful in order to maintain the ethical code of conduct so that there can be
large amount of profitability and productivity (Nudurupati, Tebboune, and Hardman, 2016).
Manage the people: Company has to manage their employees as according to their
culture background. HR manager has responsibility to take care of employees needs and
maintain the coordination between them by organising some group activities, in decision making
process. Apart from that working environment also responsible to make good managing team for
effective work. It gives higher level of satisfaction between the different culture peoples.
Different Cultural People: In the company Oman Cement industries needs to analyse the
different cultural individuals, every people belong some different backgrounds. Sometimes due
to having proper communication people feels discomfort, to reduce those issue cited firms needs
to manage those employees by give them their comfort zone.
Task 3
A. Define the diversity management programme of the companies.
The diversity in the business enterprise sometime play the essential role in order to
determining the success to the organisation. The Oman cement enterprise is trying to have the
good working so that they are able to carry the firm function effectively. In the firm where there
are large number of the person are working they need to create the diversified workforce so that
the oppression can be carried effectively (Becker, Kugeler and Rosemann, 2013). This kind of
factor promote the success to the organisation. With the help of this kind of the term the
organisation is able to earn large amount of revenue motivates employees and foster motivation
among them so that all can work as the whole. The leader is able to lead the all work in the
correct direction to achieve the one set common goal. This all are the factors plays the essential
role in relation to determine the success. With the help of this kind of the activities the firm is
able to carry the business oppression in the sufficient manner. The diversity in the workforce
benefits to each employee so that they are able yo perform the business function in the most
effective and efficient manner. This kind of the activities is the crucial element with the help of
which organisation is able to deal with the all functioning of the firm.
B. Examine the issues and problem of managing the employees within the differed culture.
In firm there are various kinds of the issues and problem which is need to get solved so
that each worker can perform his role in the most effective and efficient manner. The main
issue's comes due to culture competency this kind of the issues is need to get solved. This is the
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ability to interact people from differed culture so that they are able to perform the business
function in most effective manner. This kind of the activity measures the ability to effectively
work with the all employees so that they can carry the business function in more appropriate
manner. Due to diversity there also can have problem within the business Enterprise there can be
issues in relation to the communication and opposition to change this kind of factor can create
the barrier within the firm. To deal with the diversity the company should define the benefits and
reason behind this factor so that every person can perform its activities in the most effective and
efficient manner (Botha, Kourie and Snyman, 2014). Due to having differed culture the person
are having various kind of the difficulties in relation to have the proper communication between
the person. This kind of the activities can hampered the growth of the organisation. The Oman
cement factory is having widen number of the workforce, hence they need to manage the whole
working of the firm in the efficient manner in this they need to listen the employees and provide
solution to their problem so that they are able to perform their function ion they most effective
and efficient manner.
C. Give the suitable example of the above discussion.
The above situation can be define with the help of the suitable example is that if an
employee believes that the college degree in managing the process and techniques of the
employees in the skilled trade may not be that effective as they think when compare to
employees with the practical knowledge and experience.
The another example in relation to the diversified workforce are as in the present scenario the
workforce is made up of the diverse population of the individual from every part of the world
than this kin of the activities create the dynamic culture but this kind of the activity bring the
various issues such are as skills, ability and experiences (Beardwell and Thompson, 2014). In
this manner it can be seen that the transport values having the various diverse workforce, there
the human resource ensures that they recruit the minority representation within corporation and
this kind of the factor can create the difference view from the person due to this there can be
situation of the chaos performance. This kind of the activities can hampered the growth of the
organization in the large manner. The better and supportive environment will be helpful in
relation to avoid the problem of many person so that they are able to perform their function in the
effective manner and firm is able to earn large amount of the profitability. With the help of the
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ethical workforce they are able to perform their run business function smooth and can able to
bring effective coordination between the employees.
CONCLUSION
Hereby it has been concluded that he contemporary issues in management plays the
essential role in relation to gaining knowledge, learning organization values so that this kind of
factor can play important role in order to maintain the firm success. In this the all factor is need
to be sorted so that all activities in the business Enterprise run in the smooth manner. The present
report covered the following activities such are as the activities of Oman cement enterprise in
relation to understand its dynamic factors and to creates good bonding between the business and
society. To make this all process efficient it is very essential to play the role of business ethics.
The main of this assignment is to understand that how business ethics plays essential role in
order to determine the profitability and productivity with the business enterprise. The Oman
cement factory is having large number of the worker and it is the construction company.
Therefore, it is very essential to have the good relation between the worker so that they are able
to perform the work in more effective and efficient manner.
RECOMMENDATIONS
There are many kinds of the recommendations are given in the following manner are as-
1. The firm need to take effective steps in relation to promote the business activities in the
efficient manner this kind of the activities leads the growth of the organization in the
wide manner.
2. The Oman cement is the construction company, hence there are various number of the
workforce so that the firm need to adopt the diversified work culture so that they are able
to do their work in most expert manner.
3. To promote high profitability they need to create the positive workforce culture
environment so that the all person are able to perform their function in the ethical
manner. This kind of activities are every helpful in relation to higher amount of
profitability and productivity.
4. The Oman cement construction company are facing many issues in order to manage the
work effectively this kind of the activities can be sorted if worker are performing their
role in their own way.
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5. The firm need to provide the effective training facilities to the worker so that they are
able to perform business function in the ethical manner. With the help of this they are
also able to maintain the brand image of the business enterprise.
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