Asked by Aryan Gupta on Sep 28, 2024
When managers overlook or stifle the importance of core values in their business decisions, this is known as
A) Leader-follower congruence
B) Groupthink
C) Institutionalization
D) Group polarization
E) Normative myopia
Normative Myopia
The short-sightedness in recognizing the long-term importance and influence of norms and ethical standards in decision-making.
Institutionalization
The process by which a practice or organization becomes established and accepted as a norm or standard within society or a specific context.
Core Values
Fundamental beliefs or principles that guide an organization's or individual's actions and decision-making.
- Understand the importance of ethical leadership and its influence on organizational culture and the decision-making process.
Learning Objectives
- Understand the importance of ethical leadership and its influence on organizational culture and the decision-making process.