Behavioral Guidance: Values and Ethical Principles

Question 1

What are the 3 fundamental behavior guiding documents in any business?

Answer 1

• Vision statement
• Mission statement
• Values/philosophical statement

Question 2

Rules about right and wrong behavior toward others is associated with moral philosophy commonly called what?

Answer 2

ethics

Question 3

What can be defined as the ability to respect the rights, decisions, and dignity of competent stakeholders?

Answer 3

autonomy

Question 4

What can be defined as doing what is in the best interest of the stakeholders?

Answer 4

beneficence

Question 5

What can be defined as the ability to keep explicit and implicit promises?

Answer 5

fidelity

Question 6

What can be defined as the ability to maintain fairness in allocation of good and harm

Answer 6

justice

Question 7

What can be defined as avoiding the harm of others

Answer 7

nonmaleficence

Question 8

What can be defined as telling the truth when it is known?

Answer 8

veracity

Question 9

What is a dilemma?

Answer 9

Conflicts between good behaviors

Question 10

What are 4 value goals that are “other focused”?

Answer 10

• Benevolence
• Conformity
• Tradition
• Universalism

Question 11

What does the values/philosophical statement address?

Answer 11

what is important in interpersonal interactions (core values and moral matters)

Question 12

Describe the difference between ethical obligations and ethical ideals

Answer 12

• Obligations: what shall be done

- Ideals: what members should strive to attain

Question 13

What are 3 characteristics of a vision statement?

Answer 13

• Concise and easily remembered
• Consistent with the mission and philosophical statements
• Realistic given the organization’s strengths and weaknesses