Chapter 5 Flashcards
Ethics
moral standard of right and wrong
morals
personal standard of right and wrong
values
important beliefs that guide his or her behavior
character
unique qualities of an individual and is usually a reflection of personal morals and values.
integrity
someone consistently behaves in an ethical manner. Strive to display integrity when unethical situations arise.
ethics statement
a formal corporate policy that addresses the issues of ethical behavior and punishment should someone behave inappropriately.
conflict of interest
occurs when you are in a position to influence a decision from which you could benefit directly or indirectly.
confidential
meaning they are private
implied confidentiality
an employee has an obligation to not share information with individuals for whom the business is of no conce
levels of ethical decisions
which are three questions to help you make an ethical decision. Each level contains a question that, if answered “no,” deems the decision unethical.
Power
one’s ability to influence another’s behavior
7 bases of power
legitimate, coercive, reward, connection, charismatic, information, and expert power.
Legitimate power
is the power that is given to you by the company.
coercive power
power that is derived from your formal position. However, coercive power is negative and uses threats and punishment.
reward power
ability to influence someone with something of value