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Seminar paper from the year 2013 in the subject Business economics - Business Ethics, Corporate Ethics, grade: 1, University of Applied Sciences Vorarlberg (Wirtschaftsingenieurwesen BSc), course: English for Academic Purposes, language: English, abstract: The success of any business greatly depends on the effectiveness of its managers. Managers serve a highly multi-functional important role. They must serve as positive role models for their coworkers, must learn how to promote their employees skills and personal development, and must learn how to function in an increasingly multi-cultural world. In the midst of these challenges, managers are often forced to deal with differing values and conflicts from their employees in addition to pressure from higher-level management to produce at competitive levels. Sometimes managers are forced to juggle the competing expectations of their employees and higher-level executives. In these situations, it is important for a manager to advocate on behalf of their employees, while at the same time promoting the overall success of the company. A relationship between a manager and an employee is always a relationship between two people. Any relationship should be mutually respectful and protect the dignity of both people.
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