Codes of Ethics Flashcards

1
Q

What if the definition of Codes of Ethics? Crane and Matten

A

Voluntary statements that commit organisations, industries and professions to specific beliefs, values and actions and/or set out appropriate behaviour for employees

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2
Q

What is the industry code of conduct example?

A

Electronics, created by organisations such as HP and Dell.
Code of conduct:
- Safe working conditions
- Workers treated with respect and dignity
- Manufacturing process is environmentally friendly

Companies that have joined- Apple, Cisco, Microsoft, Sony

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3
Q

Name the 4 voluntary codes of conduct?

A
  1. UN Global Compact
  2. Principles for Responsible Management Education (PRME)
  3. CAUX Roundtable
  4. Ethical Trading Initiative
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4
Q

Explain the UN Global Compact

A

162 countries
70 UK
10 principles
BMEc are a part of it (2015)

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5
Q

Explain the Principles for Responsible Management Education (PRME)

A

Encourage ethical teaching in higher education, to ensure that future generations are aware and make ethical decisions

BMEc in 2015

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6
Q

Explain the CAUX Roundtable

A

International network of senior business leaders from Europe, USA and Japan.
7 principles with a “worldwide vision for ethical and responsible corporate behaviour.”- Promote moral capitalism

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7
Q

Explain the Ethical Trading Initiative

A

Code of conduct of standards for those in the farming industry, i.e. clothing or food produce.

Respect for workers rights worldwide

Asos and Asda

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8
Q

Name the company codes of conduct

A

Visa
HP
University of Sussex Council
BAE defence

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9
Q

What did Constantin Bloom say about leadership?

A
  • Leaders can influence the ethical climate

- Concludes that changing the ethical climate does not change the ethical behaviour of individuals

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10
Q

What does Transformational leadership encourage?

A
  • Leader-follower relationship
  • Motivation
  • Confidence
  • Self-efficacy

Bill Gates & Steve Jobs

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