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MGT 3120 > Chapter 3 > Flashcards

Chapter 3 Flashcards

1
Q

procedural justice

A

the fair application of policies and rules

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2
Q

sustainability

A

a gial that addresses the rights of present and future generations as stakeholders of present day natural resources

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3
Q

whistleblowers

A

ppl who expose misconduct of organizations and their members

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4
Q

ethical frameworks

A

well-thought-out personal rules and strategies for ethical decision making

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5
Q

justice view

A

the philosophy that ethical behavior treats ppl impartially and fairly

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6
Q

immoral manager

A

a manager who chooses to behave unethically

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7
Q

commutative justice

A

the fairness of exchanges or transactions

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8
Q

terminal values

A

preferences about desired end states

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9
Q

moral manager

A

a manager who makes ethical behaviour a personal goal

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10
Q

iso 14001

A

a global quality standard that certifies organizations that set environmental objectives and targets, account for the environmental impact of their activities, and continuously improve environmental performance

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11
Q

3 ps of organizational performance

A

a mgt principle in which performance is based on
profit
people
planet

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12
Q

environmental capital or natural capital

A

the storehouse of natural resources-atmosphere, land, water, and minerals that we use to sustain life and produce goods and services for society

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13
Q

ethical dilemma

A

a situation that, although offering potential benefit or gain, is also unethical

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14
Q

classical view of csr

A

the mgt philosophy that business should focus on the pursuit of profits

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15
Q

instrumental values

A

preferences regarding the means to desired ends

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16
Q

shared value

A

a mgt philosophy that approaches business decisions w understanding that economic and social progress are interconnected

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17
Q

social responsibility audit

A

a process that measures and reports on an organization’s performance in various areas of corporate social responsibility

18
Q

virtuous circle

A

a situation in which corporate social responsibility leads to improved financial performance that leads to more social responsibility

19
Q

corporate social responsibility

A

the obligation of an organization to serve its own interests and those of its stakeholders

20
Q

sustainable development

A

making use of natural resources to meet today’s needs while also preserving and protecting the environment for use by future generations

21
Q

interactional justice

A

the degree to which others are treated w dignity and respect

22
Q

ethics training

A

helping ppl understand the ethical aspects of decision making and to incorporate high ethical standards into their daily behaviour

23
Q

stakeholders

A

ppl and institutions most directly affected by an organization’s performance

24
Q

spotlight questions

A

a set of questions that highlight the risks from public disclosure of one’s actions

25
Q

values

A

broad beliefs about what is appropriate behaviour

26
Q

social business

A

an organization in which the underlying business model directly addresses a social problem

27
Q

sustainable business

A

an organization that operates in ways that both meet the needs of customers and protect or advance the well-being of our natural environment

28
Q

code of ethics

A

a formal statement of values and ethical standards

29
Q

moral rights view

A

the philosophy that ethical behaviour respects and protects fundamental rights

30
Q

cultural relativism

A

the philosophy that suggests there in no one right way to behave; cultural context determines ethical behaviour

31
Q

socioeconomic view of CSR

A

the mgt philosophy that business should focus on contributions to society, not just making profits

32
Q

amoral manager

A

a manager who fails to consider the ethics of her or his behavior

33
Q

ethical behavior

A

behavior that is ‘right’ or ‘good’ in the context of a governing moral code

34
Q

ethical imperialism

A

an attempt to impose one’s ethical standards on other cultures

35
Q

triple bottom line

A

a measurement of organizational performance that includes financial, social, and environmental criteria

36
Q

ethics

A

a philosphy that sets standards of good or bad in our conduct

37
Q

individualism view

A

the philosophy that ethical behaviour advances long-term self-interests

38
Q

moral absolutism

A

the philosophy that ethical standards apply universally across all cultures

39
Q

utilitarian view

A

the philosophy that ethical behavior delivers the greatest good to the most ppl

40
Q

distributive justice

A

treating ppl the same regardless of personal characteristics

41
Q

social entrepreneurs

A

ppl who take business risks to find novel ways to solve pressing social problems

MGT 3120 (18 decks)

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