Business ethics: Differences across organizational types Flashcards
Concept and importance of business ethics
For Large Corporations, what are main priorities in addressing ethical issues?
For Large Corporations, main priorities in addressing ethical issues are: Financial integrity, employee/customer issues
For Small Business, what are main priorities in addressing ethical issues?
For Small Business, main priorities in addressing ethical issues are: Employee and Community issues
For Large Corporations, what is the approach to managing ethics?
For Large Corporations, approach to managing ethics is: Formal, public relations and/ or system-based.
For Small Business, who are responsible and/ or accountable to?
For Small Business, responsible and/ or accountable to are: Owners and family members
For Small Business, what are main constraints?
For Small Business, main constraints are: Lack of resources including time.
For Civil Society organisations, what are main constraints?
For Civil Society organisations, main constraints are: Lack of resources and formal training
For Public Sector organisations, what are main constraints?
For Public Sector organisations, main constraints are: Inertia, lack of transparency.
For Civil Society Organisations, who are responsible and/ or accountable to?
For Civil Society organisations, responsible and/ or accountable to are: Donors and Clients
For Public Sector organisations, who are responsible and/ or accountable to?
For Public Sector organisations, responsible and/ or accountable to are: General public, higher level government organisations.
For Small Business, what is the approach to managing ethics?
For Small business, approach to managing ethics is: Informal, personal relationship and trust-based
For Civil Society organisations, what is the approach to managing ethics?
For Civil Society organisations, approach to managing ethics is: Informal, values-based
For Public Sector organisations, what is the approach to managing ethics?
For Public Sector organisations, approach to managing ethics is: Formal, bureaucratic
For Civil society organisations, what are main priorities in addressing ethical issues?
For Civil society organisations, main priorities in addressing ethical issues are: Delivery of mission to clients; integrity of tactics; legitimacy and accountability
For Public Sector organisations, what are main priorities in addressing ethical issues?
For Public Sector organisations, main priorities in addressing ethical issues are: Rule of law, corruption, conflict of interest; procedural & accountability issues.
For Large Corporations, who are responsible and/ or accountable to?
For Large Corporations, responsible and/ or accountable to are: Shareholders and other stakeholders.
For Large Corporations, what are main constraints?
For Large Corporations, main constraints are: Shareholder orientation; size and complexity.