Cards Flashcards
A judge believes that the use of cannabis should never be allowed regardless of the situation due to personal principles of what is right and wrong. A law was recently passed, however, allowing individuals to use cannabis.
Legal-unethical
A senior manager asks an employee to omit a key section from a financial report to hide some distressing data.
Which aspect of the organization is being violated by the manager’s behavior?
Ethics
An employee overhears an office manager telling a prospective client that the company does not work with people from a particular ethnicity even though the company has a nondiscrimination policy.
Which element is violated by the actions of this office manager?
Employee handbook guidlines
Personal Ethics
Codes, principals, and values that shape people’s interactions with each other.
Values
Stable life goals that people have that reflect what is most important to them.
Morals
Rules that people develop as a result of cultural norms and values that are traditionally passed down through generations and characterize a cultural group
A job candidate asks questions during an interview to determine whether their personal life goals align with those of the organization.
Which factor is the candidate using to guide the decision?
Values
Organizational Ethics
Rules, principals and standards for deciding what is morally right or wrong when doing business.
Societal Issues
Concerns issues relating to the world as a whole
Involvement happens because of the ethics the organization creates out of care and concern for individuals.
Stakeholder Issues
Concerns policies that affect its customers, employees, suppliers, and people within the community
Internal Policy Issues
Concerns internal relationships between a company and its employees
Examples include fairness in management, pay, and employee participation.
Internal Issues
Concerns how people treat others in their organization
Examples include gossiping at work or taking credit for another’s work.
A company is working hard to establish objectives that promote ethics and standards.
What terms describe how these objectives are defined?
Specific and Measurable
Who is responsible for setting the ethical tone of a corporation?
Managers
Corporate Social Responsibility (CSR)
a philosophy in which a company voluntarily engages in actions that benefit society at large
Stakeholders
unions, the company’s employees, investors, suppliers, consumers, local and national governments, and communities that may be affected by corporate activities such as construction, manufacturing, and pollution.
Code of Ethics
Guide that publicly sets out an organizations key values and ethical obligations.
A corporation’s code of ethics endorses a green work place.
Which employee activity models this code?
Starting an office recycling program.
A company advertises that it uses environmentally safe practices in all business processes; however, the chief financial officer (CFO) has blocked the adoption of many environmentally safe practices because of the additional costs to the company.
Which controversial business practice is this company using?
Greenwashing
An organization plans to close its local factory and shift manufacturing operations overseas. This brings opposition from employees.
Which terms describes this organizational move?
Legal-ethical
Individual authors wrote books about the negative environmental impacts of some industries, including the coal industry.
Which benefit did the authors’ work have on society?
It drew the public’s attention to the targeted issue.
The accountant of a company was asked to change the current quarterly sales results by adding sales that were set to occur next quarter.
Which stakeholder group is directly impacted by this action?
Shareholders
A new manager in a restaurant decides to cut costs by purchasing sub-standard materials.
What are the implications of this manager’s actions?
The customer base of the restaurant will decrease.
Which type of organizational culture in the Competing Values Framework focuses on accountability to shareholders, competitiveness, and productivity?
Market