Winnsboro, Louisiana. Winnsboro is a small city and the parish seat of Franklin Parish, Louisiana, United States. As of the 2010 census, the population was 4,910, down from 5,344 at the 2000 census. The city is 59 percent African American.
Managerial ethics refers to the moral guidance a supervisor provides his employees. No one ethical approach is universally accepted, so each small business owner must choose his own approach to ethical management. Many ethical approaches exist, each with a distinct twist on what it means to behave ethically.
Ethics Defined. Ethics are principles based on doing the right thing. They are the moral values by which an individual or business operates. In theory, a business or individual can act ethically and still attain ultimate success.