What is Ethical Climate and why is it important for any organisation? Explain with suitable example.

Topic: Work culture

7. What is Ethical Climate and why is it important for any organisation? Explain with suitable example. (250 words)

Reference:  researchgate.net

Why the question:

The question is based on the concept of Ethical climate and its importance.

Key Demand of the question:

Explain the principle of ethical climate, its relevance and significance in detail with relevant example.

Directive:

Explain – Clarify the topic by giving a detailed account as to how and why it occurred, or what is the particular context. You must be defining key terms where ever appropriate, and substantiate with relevant associated facts.

Structure of the answer:

Introduction:

Define what you understand by Ethical climate.

Body:

The answer body must have the following aspects covered:

Explain that Ethical climate is the culture of an organization as it pertains to questions of right and wrong. It derives from the governance, values, norms and habits that exist within an organization. Ethical climate results from both a firm’s history and its leadership.

Discuss the key features in detail. Provide for illustrations wherever necessary.

Explain the advantages and need for good ethical climate and relate its relevance to the Governance.

Conclusion:

Conclude with need and importance of ethical climate in any organisation.