Business Ethics Quiz #2 Flashcards

1
Q

Corporate Social Responsibility

A

Responsibilities that businesses have to the societies in which they operate.

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2
Q

Economic Model of CSR

A

Limits a firm’s social responsibility to the minimal economic responsibility of producing goods and services and maximizing profits within the law (benefit stockholders).

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3
Q

Stakeholder Model of CSR

A

The view that business exists within a web of social relationships

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4
Q

Stakeholder theory

A

A model of CSR that holds that business managers have ethical responsibilities to a range of stakeholders beyond responsibilities to stockholders.

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5
Q

Integrative Model of CSR

A

For some business firms, social responsibility is fully integrated with the firm’s mission or strategic plan.

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6
Q

Corporate sustainability report

A

Provides all stakeholders with financial and other info regarding a firm’s economic, environmental, and social performance.

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7
Q

Reputation Management

A

Practice of caring for the image of a firm.

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8
Q

Six dimensions of Corporate Reputation

A

Emotional appeal, products & services, financial performance, social responsibility, workplace environment, vision & leadership.

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9
Q

Due Process

A

The right to be protected against the arbitrary use of authority.

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10
Q

Employment at Will

A

The legal doctrine that holds that all employees are employed at will.

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11
Q

Just Cause

A

Standard for terminations or discipline that requires employer to have fair cause before reaching decision against employee.

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12
Q

IRS 20-factor Analysis

A

A list of 20 factors to which IRS looks to determine whether someone is an employee or independent contractor.

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13
Q

Common-law Agency Test

A

Indicator of independent contractor status that provides the employer ability to control the manner in which the work is performed.

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14
Q

Economic Realities Test

A

Test by which courts consider whether the worker is economically dependent on the business or is in the business for themselves.

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15
Q

Downsize

A

The reduction of human resources through terminations, retirements, corporate divestments etc.

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16
Q

Occupational Safety and Health Administration (OSHA)

A

An agency of the federal government that publishes and enforces safety and health regulations for U.S. businesses.

17
Q

Sweatshops

A

Any workplace in which workers are typically subject to two or more: forced overtime, health and safety risks, coercion, underpayment, deception.

18
Q

Child Labour

A

Exploitative work that involves some harm to a child who is not of an age to justify their presence in the workplace.

19
Q

Diversity

A

Presence of differing cultures, languages, ethnicities, races, affinity orientations, genders, religious sects, abilities, social classes, ages, and national origins of individuals in a firm.

20
Q

Multiculturalism

A

Refers to the principle of tolerance and inclusion that supports the co-existence of multiple cultures, while encouraging to retain what is individual about a particular culture.

21
Q

Affirmative Action

A

Policy or program that strives to redress past discrimination through implementation of proactive measures to ensure equal opportunity (should be temporary to attain not maintain).

22
Q

Reverse Discrimination

A

Decisions made or actions taken against individuals who are traditionally considered to be in power or the majority.

23
Q

Privacy

A

The right to be “let alone” within a personal zone of solitude and/or the right to control info about oneself.

24
Q

Privacy Rights

A

Legal and ethical sources of protection for privacy in personal data.

25
Q

Reciprocal Obligation

A

The concept that while an employee has an obligation to respect the goals and property of the employer, the employer has a reciprocal obligation to respect the rights and privacy of an employee.

26
Q

Hypernorms

A

Values that are fundamental across culture and theory.

27
Q

Moral Free Space

A

Environment where hypernorms or universal rules do not govern or apply to ethical decisions but instead culture or other influences govern decisions as long as they are not in conflict with hypernorms.

28
Q

Property Rights

A

Boundaries defining actions that individuals can take in relation to other individuals regarding their personal info.

29
Q

Examples of Hypernorms

A

Freedom of speech, right to personal freedom, right to physical movement, informed consent.

30
Q

Fourth Amendment Protection

A

Extends privacy protections to the public-sector workplace.

31
Q

Intrusion into Seclusion

A

Legal terminology for one of the common-law claims of invasion of privacy. Occurs when someone intentionally intrudes on the private affairs of another (highly offensive).

32
Q

Reasonable Expectation of Privacy

A

Where an individual is notified that info will be shared or space will not be private, there is no expectation of privacy. Basis for some common-law claims of invasion of privacy.

33
Q

European Union’s Directive on Personal Data Protection

A

EU legislation seeking to remove potential obstacles to cross-border flows of personal data, to ensure a high level of protection within the European union.

34
Q

Personal Data

A

Any info relating to an identifiable person by reference to their physical, physiological, mental, economic, cultural, or social identity.

35
Q

Safe Harbour Exception

A

Considered “adequate standards” of privacy for U.S. based companies under EU data protection directive.

36
Q

Employee privacy is violated when:

A

(1) employers infringe on personal decisions that are not relevant to employment contract. (2) personal info that is not relevant to employment contract is collected, stored, or used without consent.

37
Q

Necessary elements of moral requirements on information:

A

Truthfulness and accuracy, respect for privacy, respect for property and safety rights, accountability.

38
Q

HIPAA

A

Stipulates that employers cannot use “protected health info” in making employment decisions without prior consent.