Chapter 6 Flashcards
Ethics
A set of values that define right from wrong
Ethics
Principles or traits that a person finds desirable
Values
How many ethical levels are there?
4
Societal, Stakeholder, Internal Policy, Personal
What is the societal ethical level?
Top level issues relating to the world as a whole.
Concerns for environment or society
Societal
What is the stakeholder ethical level?
Anyone affected by a company’s actions
Fairness with wages, notifying of danger, and giving breaks is an example of what ethical level?
Stakeholder
What is the Internal Policy ethical level?
Internal relationships between company and employees.
Fairness in management, employee participation, and policies for treatment of staff are an example of what ethical level?
Internal Policy
What is the personal ethical level?
How we treat others within the organization
Doing the right thing, being trustworthy, and not claiming other’s work is an example of what ethical level?
Personal
Where do our ethics and values come from?
Religion
Culture
Media
Models - Parents
Attitudes
Experiences
What is a value statement?
An organization’s guiding principles
What is an organization’s guiding principles?
Value Statement
What is the Code of Conduct?
Guideline for dealing with ethics
Policies for harassment and HIPAA are examples of what?
Code of Conduct
Counseling Profession made the ethical models in the 1990’s. How many steps?
8
Josephson’s Model has how many steps?
6
How many approaches are there to making an ethical decision?
4
What are the 4 approaches to making an ethical decision?
Utilitarian
Rights
Common Good
Virtue
Choosing ethical action that causes the least harm and the most good?
Utilitarian Approach
How our actions will affect those around us?
Rights Approach
Tries to benefit the community as a whole. donating
Common Good Approach
Act to highest potential. What kind of person will this choice make me?
Virtue Approach
What is social responsibility?
Business to do no harm
What are the 4 aspects of social responsiblilty?
Economic
Legal
Ethical
Philanthropic
Economic aspect in social responsibility?
Maintaining profits, paying employees
Legal aspect in social responsibility?
Following the law and regulations
Ethical aspect in social responsibility?
Going above and beyond legal requirements
Philanthropic aspect in social responsibility?
Giving back to society with donations
What does CSV stand for?
Creating Shared Value
What does Creating Shared Value (CSV) mean?
Premise that companies and community are tied closely
If one benefits, so does the other
Who was the CSV created by?
Michael Porter and Mark Kramer
Companies donating to schools would be an example of?
Creating Shared Value (CSV)
Triple bottom line includes what?
People
Planet
Profit
What is the economic bottom line?
Profit
What is the environmental bottom line?
Planet
What is the social bottom line?
People
What does ISR stand for?
Individual Social Responsibility
What is Individual Social Responisibility?
One’s awareness of how personal actions have an effect on the community.
Donating, supporting local politics, being honest is an example of?
Individual Social Responsibility (ISR)
