Chapter 2 Flashcards
Virtue
This ethical action is consistent with certain ideal virtues, including civility, compassion, and benevolence
High Performance Work Systems (HPWS)
High involvement or high commitment organizations
Organizational Culture
The norms, values, and assumptions of organizational members that guide members’ attitudes and behaviors
Utilitarian Standard
The ethical action that best balances good over harm
Performance Culture
Focuses on hiring, retaining, developing, motivating, and making work assignments based on performance data and results
Ethics
The standards of moral behavior that define socially accepted behaviors that are right as opposed to wrong
Code of Ethics
A decision-making guide that describes the highest values to which an organization aspires
Rights
This ethical action is the one that best respects and protects the moral rights of everyone affected by the action, including the right to privacy, to be told the truth, or to be safe
Competitive Culture
The type of culture that emphasizes competitive advantage and market superiority; brokerage and currency trading firms are examples. This culture is associated with large amounts of stress
Common Good
This ethical action shows respect and compassion for everyone, especially the most vulnerable
HRM Metrics
The measurement of those HRM activities that contribute to business strategy execution and the organization’s financial performance (absence rate, cost per hire, job offer acceptance rate, etc.)
Bureaucratic Culture
The type of culture that emphasizes formal structures and the correct implementation of organizational procedures, norms, and rules; commonly associated with consistency and high ethical standards
Entrepreneurial Culture
The type of culture that emphasizes creativity, innovation, and risk taking; Google and Tesla
Stakeholder Perspective
Considering the interests and opinions of all people, groups, organizations, or systems that affect or could be affected by the organization’s actions
Corporate Social Responsibility
Businesses showing concern for the common good and valuing human dignity