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Business ethics operates on the premise, for example, that the ethical operation of a private business is possible—those who dispute that premise, such as libertarian socialists (who contend that "business ethics" is an oxymoron) do so by definition outside of the domain of business ethics proper.
Industry self-regulation is the process whereby members of an industry, trade or sector of the economy monitor their own adherence to legal, ethical, or safety standards, rather than have an outside, independent agency such as a third party entity or governmental regulator monitor and enforce those standards. [1]
A code of practice is adopted by a profession (or by a governmental or non-governmental organization) to regulate that profession. A code of practice may be styled as a code of professional responsibility, which will discuss difficult issues and difficult decisions that will often need to be made, and then provide a clear account of what behavior is considered "ethical" or "correct" or "right ...
A lone worker (LW) is an employee who performs an activity that is carried out in isolation from other workers without close or direct supervision. [1] Such staff may be exposed to risk because there is no-one to assist them and so a risk assessment may be required. [2]
An organization forms when individuals with varied interests and different backgrounds unite on a common platform and work together towards predefined goals and objectives. [1] A code of ethics within an organization is a set of principles that is used to guide the organization in its decisions, programs, and policies. [ 2 ]
Autonomous organizations or institutions are independent or self-governing. Autonomy can also be defined from a human resources perspective, where it denotes a (relatively high) level of discretion granted to an employee in his or her work. [1] In such cases, autonomy is known to generally increase job satisfaction.
Without proper instruction and understanding from subordinates, confusion may arise [27] A lot of emotional strain and stress for workers can be created because of authoritarian leadership. When leaders use a lot of pressure and control, it can lead to burnout and possibly lower job satisfaction.
Negligent supervision is closely related, as it occurs where a party fails to reasonably monitor or control the actions of an employee. A variation of negligent retention or supervision is negligent training, which arises where the employer's training of the employee fails to prevent the employee from engaging in the acts that injure the ...