Chapter 2 Flashcards
Buisness ethnics
Moral standard by wich a buisness distributes goods/services
Example of unethical behavior
Abuse of power Bribery Cheating Corruption Harassment
Code of ethics
Formal statement wich serves as a guide in problems involving ethnics
To know if something is wright or wrong
Is it the truth
Isit fair to all
Will all parties benefit from it
Examples of ethical behavior
Honesty Loyalty Punctuality Fairness Harassement free
Ombudsman
Only subject to law/constitution
Legally qualified as a judge
Allowed to appear in all courts
Responsibility of ombudsman
Make sure government deals fairly with public
Make sure freedom/rights are upheld
Hear/act on problems
Social responsibility of buisness
Individuals must illuminate corruption
Corporate social responsibility
Set policies/follow coarse/action desirable in terms of values/objectives in society
Entrepeneur behave in ethical social responsible way towards employees
Educating their children Not discriminate Respect them Be open/honest with them Treat them fairly
Entrepeneur behave in ethical social responsible way towards customers
Listen to their complaints
Give them right to safe products
Give them right to choose amongst competitors
Give them right to honest info
Entrepeneur behave in ethical social responsible way towards government
Keep accurate,honest financial records
Declare all income generated
Pay right ammount of tax on time
Entrepeneur behave in ethical social responsible way towards comunity
Help fight social problems(drugs)
Aim to improve standards of living a stable/peaceful comunity
Career
Name given to paying jobs durning a persons working life
Questions to ask in making good carreer choices
How much risk am I willing to take
Basis of my values
Wich industries are currently growing
Where do I whant to live/work
