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Principles of Management > Chapter 4 > Flashcards

Chapter 4 Flashcards

1
Q

Caux Principles for Business

A

Kyosei Human dignity

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2
Q

Company mechanisms designed to instill in people a personal responsibility for ethical behavior

A

Integrity-based ethics programs

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3
Q

A philosophy that bases ethical behaviors on the opinions and behaviors of relevant other people

A

Relativism

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3
Q

Ethical decisions

A

Moral awareness Moral Judgement Moral character

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4
Q

The moral principles and standards that guide the behavior of the individual or group

A

Ethics

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4
Q

Pyramid of global corporate social responsability

A

Bottom: Economic responsibility Legal responsibility Ethical responsibility Top: Philanthropic responsibility

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5
Q

Ethical principles established by international executives base in Caux Switzerland, in cooperation with business leaders from Japan, Europe and the United States

A

Caux principles for business

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6
Q

Obligation towards society assumed by business

A

Corporate social responsibility

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6
Q

Theory of corporate social responsibility that holds that managers are agents of shareholders whose primary objective is to maximize profit

A

Shareholder model

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7
Q

An ethical system stating that the greatest good for the greatest number should be the overriding concern of decision makers

A

Utilitarism

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8
Q

Economic growth and development that meet present needs without harming the needs of future generations

A

Sustainable growth

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9
Q

The moral principles and standards that guide behavior in the world of business

A

Business ethics

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10
Q

Additional behaviors and activities that society finds desirable and that the values of the business support

A

Philanthropic responsibilities

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11
Q

Kohlberg’s Stages of Moral Development

A

Pre-conventional Stage Conventional Stage Principled Stage

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12
Q

The ethical system stating that all people should uphold certain values that society needs to function

A

Universalism

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13
Q

A perspective that what is moral comes from one a mature person with “good” moral character would deem right

A

Virtue ethics

13
Q

An education with 5 higher goals that balance self interests with responsibility to others

A

Transcendent education

13
Q

Theory of corporate social responsibility that suggests that managers are obliged to look beyond profitability to help their organizations succeed by interacting with groups that have a stake in the organization

A

Stakeholder model

14
Q

Classification of people based on their level of moral judgment

A

Kohlberg’s model of cognitive moral development

16
Q

Principles, rules, and values people use in deciding what is right or wrong

A

Moral philosophy

17
Q

An ethical principle holding that individual self-interest is the actual motive of all conscious action

A

Egoism

19
Q

Company mechanisms typically designed by corporate counsel to prevent, detect, and punish illegal violations

A

Compliance-based ethics programs

20
Q

One who is both a moral person and a moral manager influencing others to behave ethically

A

Ethical leader

21
Q

Kyosei

A

living and working together for the common good, allowing cooperation and mutual prosperity to coexist with healthy and fair competition.

23
Q

An act that established strict accounting and reporting rules to make senior managers more accountable and to improve and maintain investor confidence

A

Sarbanes-Oxley act

25
Q

To produce goods and services that society wants at a price that perpetuates the business and satisfies its obligations to investors

A

Economic responsibilities

26
Q

Meeting other social expectations, not written as law

A

Ethical responsibilities

27
Q

Its goal is the creation of sustainable economic development and improvement of quality of life worldwide for all organizational stakeholders

A

Eco-centric management

28
Q

Transcendent Education

A

Empathy Generativity Mutuality Civil Aspiration Intolerance of ineffective humanity

29
Q

To obey local, state, federal, and relevant international laws

A

Legal responsibilities

31
Q

In an organization, the processes by which decisions are evaluated and made on the basis of right and wrong

A

Ethical climate

32
Q

A process of analyzing all inputs and outputs, through the entire “cradle-to-grave” life of a product, to determine total environmental impact. LCA considers the extraction of raw materials, product packaging, transportation, and disposal.

A

Life cycle analysis (LCA)

33
Q

A situation, problem, or opportunity in which an individual must choose among several actions that must be evaluated as morally right or wrong

A

Ethical issue

Principles of Management (9 decks)

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