Chapter 5 Flashcards
(42 cards)
Integrity
Refers to being whole, sound, and in an unimparied conditions; implies a balanced organization that not only makes ethical fiancial decisoins but also is ethical in the more subjective aspects of its corporate culture.
Honesty
Refers to truthfulness or trustworthiness
dishonesty
Lack or abesence of integrity, incomplete disclosure, and an unwillingness to tell the truth
Fairness
quality of being just, equitable, and impartial
Equality
Refers to the fari and even distribution of benefits and resources
Reciprocity
An interchange of giving and receiving in social relationships
Optimization
Trade off between equity and efficiency(Maximum productivity)
Ethical issue
Problem, situation, or opportunuity that requires an individual, group, or organization to choose among several actions that must be evaluated as right or wrong.
Ethical dilemma
Problem, situation, or opportunity that requires an individual, group, or organzation to choose among several actions that have negative outcomes.
Abusive or intimidating behavior
Common ethical problem for employees that may refer to phyiscal threats, false accusations, being annoying, profanity, insults, yelling, harshness, ignoring someone, and unreasonableness.
Lying
Untruthfulness that can be joking without malice, commission lying, and omission lying
Conflict of interest
When an individual must choose whether to advance his or her own interests, those of the organization, or those of some other group.
Active bribery
When the person who promises or gives the bribe commits the offense
Passive bribery
Offense committed by the official who receives the bribe
Facilitation payments
Payments made to obtain or retain business or other improper advantages that do not constitute bribery payments for U.S companies in some situations
Corporate intelligence
Collection and analysis of information on markets, technologies, customers, and competitors, as well as on socioeconomics and external political trends.
Discrimination
Prejudices based on race, color, religion, sex, martital status, sexual orientation, public assistance status, disability, age, national origin, or veteran status; illegal in the US
Equal employment opportunuity commission(EEOC)
Federal agency that protect against workplace discrimination
Age discrimination in Employment Act
Outlaws hiring practices that driscriminate against people of 40 years or older as well as those that requires eomployees to retire before the age of 70
affirmative action program
Involve efforts to recruit, hire, train, and promote qualified individuals from groups that have traditionally been discriminated against on the basis of race, gender, or other characteristics.
Sexual harrassment
Any repeated, unwanted behavior of a sexual nature perptrated upon one individual by another
Hostile work environment
Three criteria: The conduct was unwelcome; the conduct was severe pervasive, and regarded by the claimant as so hostile or offensive as to alter his or her conditions of employment; and the conduct was such that a reasonable person would find it hostile or offensive
Does it interfer with the claimant’s work performance
Dual relationship
Personal, loving, and/or sexual relationship with someone with whom you share professinal responsibilities.
Fraud
Any purposeful communication that deceives, manipulates, or conceals facts in order to harm others.