ethicss
Terms
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- ethics
- code of moral principles and values that governs the behavior of a person or group with respect to right and wrong
- business ethics
- code of moral principles and values that governs the behavior of an individual or group with respect to an organization's rights and wrongs
- ethical decision making
- utilitarian approach individualism approach moral rights approach justice approach
- utilitarian approach
- moral decisions are those which produce THE GREATEST GOOD FOR THE GREATEST NUMBER
- individualism approach
- EGOISM acts are ethical when they promote the individual's best long-term interest
- moral rights approach
- people have fundamental rights and liberties that cannot be taken away
- justice approach
- distributive justice procedural justice compensatory justice
- distributive justice
- requires that different treatment of people not be based on arbitrary characteristics aka don't be shallow
- procedural justice
- requires rules be clearly stated and consistently and impartially enforced
- compensatory justice
- argues that the party responsible should compensate any injured individuals
- corporate social responsibility
- a business's obligation to pursue policies, make decisions, and take actions that benefit society
- Corporate Responses to Societal Demands
- obstructive defensive accommodative proactive
- obstructive
- denial "cigs arent harmful"
- defensive
- take a legal stance "prove it"
- accommodative
- you prove it i'll pay for it i'll react
- proactive
- crop seeks to learn potential consequences and prevent them
- after damage is done...
- obstructive defensive accommodative
- pyramid of corporate social responsibility
- disc ethical legal economic
- danger signs factors that encourage unethical behavior
- emphasis on short-term revenues and profits unwillingness to take ethical action ethics as a PR tool shareholders overemphasized and not stakeholders
- Individual Approaches
- pyramid ask 2 Q matrix
- matrix
- reactive defensive accommodative proactive
- behavioriral domain
- codified law vs free will