Business ethics: Differences across organizational types Flashcards

Concept and importance of business ethics

1
Q

For Large Corporations, what are main priorities in addressing ethical issues?

A

For Large Corporations, main priorities in addressing ethical issues are: Financial integrity, employee/customer issues

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2
Q

For Small Business, what are main priorities in addressing ethical issues?

A

For Small Business, main priorities in addressing ethical issues are: Employee and Community issues

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3
Q

For Large Corporations, what is the approach to managing ethics?

A

For Large Corporations, approach to managing ethics is: Formal, public relations and/ or system-based.

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4
Q

For Small Business, who are responsible and/ or accountable to?

A

For Small Business, responsible and/ or accountable to are: Owners and family members

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5
Q

For Small Business, what are main constraints?

A

For Small Business, main constraints are: Lack of resources including time.

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6
Q

For Civil Society organisations, what are main constraints?

A

For Civil Society organisations, main constraints are: Lack of resources and formal training

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7
Q

For Public Sector organisations, what are main constraints?

A

For Public Sector organisations, main constraints are: Inertia, lack of transparency.

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8
Q

For Civil Society Organisations, who are responsible and/ or accountable to?

A

For Civil Society organisations, responsible and/ or accountable to are: Donors and Clients

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9
Q

For Public Sector organisations, who are responsible and/ or accountable to?

A

For Public Sector organisations, responsible and/ or accountable to are: General public, higher level government organisations.

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10
Q

For Small Business, what is the approach to managing ethics?

A

For Small business, approach to managing ethics is: Informal, personal relationship and trust-based

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11
Q

For Civil Society organisations, what is the approach to managing ethics?

A

For Civil Society organisations, approach to managing ethics is: Informal, values-based

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12
Q

For Public Sector organisations, what is the approach to managing ethics?

A

For Public Sector organisations, approach to managing ethics is: Formal, bureaucratic

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13
Q

For Civil society organisations, what are main priorities in addressing ethical issues?

A

For Civil society organisations, main priorities in addressing ethical issues are: Delivery of mission to clients; integrity of tactics; legitimacy and accountability

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14
Q

For Public Sector organisations, what are main priorities in addressing ethical issues?

A

For Public Sector organisations, main priorities in addressing ethical issues are: Rule of law, corruption, conflict of interest; procedural & accountability issues.

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15
Q

For Large Corporations, who are responsible and/ or accountable to?

A

For Large Corporations, responsible and/ or accountable to are: Shareholders and other stakeholders.

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16
Q

For Large Corporations, what are main constraints?

A

For Large Corporations, main constraints are: Shareholder orientation; size and complexity.