Arecent study found that, compared to the 1980s, managers today place what importance on moral values, such as honesty and forgiveness?

A recent study found that, compared to the 1980s, managers today place importance on moral values, such as honesty and forgiveness.

Further Explanation:

The managers are giving more importance to the moral values like honesty and forgiveness because the organizational structures are changing they are becoming flattered. The flatter organizations are characterized by decentralization of the authority and free flow of information. This requires trust between the manager and the employees. The manager cans only trust employees if they are honest with him. Forgiveness is another value that is becoming important because forgiving the employee for his mistake increases his trust and helps in building a relationship. This also motivates the employee to work in an advantageous manner.

In 1980, the organizations were characterized by a chain of command where employees follow the manager instructions, and there is only a formal relationship between them. In the long term, it decreases the efficiency of the employee.

Therefore, in comparison to the 1980s,  the managers are placing slightly more importance on moral values like forgiveness and honesty.

Learn more:

1.Learn more about the decision-making

2.Learn more about the resource management activity

3.Learn more about the management characteristic

Answer details:

Grade: High School

Subject: Business Studies

Chapter: Characteristics of Entrepreneur

Keywords: A recent study, compared to the 1980s, managers, importance on moral values, honesty, and forgiveness, characteristics, management, decision making.

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