Ethical Decision-Making Flashcards
What are five good reasons for a business to pursue CSR goals?
- Gain the goodwill of the community
- Create an organization that operates consistently
- Fostering good business practices
- Protecting the organization and its employees from legal action
- Avoiding unfavourable publicity
How does the textbook view Edward Snowden?
While Snowden violated existing legal regulations due to unauthorized access to NSA servers and the consequent release of classified data, he acted out of good will and followed his moral duty.
Virtue
A HABIT that inclines people to do what is acceptable.
How is utilitarianism a form of consequentialism?
Utilitarianism is consequential because it requires the evaluation of the morality of actions on the basis of probable outcomes or consequences.
What is a corporate ethics officer?
CEthO aligns the practices of a workplace with the stated ethics and beliefs of that workplace, holding people accountable to ethical standards.
Well respected senior manager who reports directly to CEO.
What is Bentham’s conception of utility?
The highest good results from a maximum of pleasure for all people concerned in any moral decision.
What was the principle of “respondeat superior” established in United States v. New York Central & Hudson River Railroad Co. (1909)?
An employer can be held responsible for the acts of its employees even if the employees act in the manner contrary to the corporate policy and their employer’s directions.
Under which conditions should an organization not be held criminally liable for the misconduct of its employees?
An organization should not be held criminally liable for the misconduct of its employees if such an organization acted as a responsible corporate citizen and demonstrated strong effort to prevent and detect the misconduct in the workplace.
How did John Stuart Mill respond to critics of Bentham?
The Greatest Happiness Principle: action is good which creates the greatest happiness, and the least unhappiness, for the greatest number … from the perspective of a “perfectly disinterested benevolent spectator.”
What is Intel’s Code of Conduct?
- Conduct business with honesty and integrity.
- Follow the letter and the spirit of the law.
- Treat each other fairly.
- Act in the best interests of Intel and avoid conflicts of interest.
- Protect the company’s assets and reputation.
How does Aristotle view virtue and vice?
Virtues are good habits contributing to a flourishing life.
Vices are bad habits that diminish your happiness.
What % of instances of reported misconduct are managers responsible for?
60%
How does the textbook view Amazon work culture?
Managers were overzealous in implementing legal regulations and neglected the human aspect of business practice. Employees were treated as a means to success rather than as human beings with intrinsic worth.
What are the four ethical issues of the Information Age?
PAPA
Privacy: someone has revealed information they hold intimate
Accuracy: people finding out that the information upon which their living depends is in error
Property: lose personal information without being compensated for it
Accessibility: people are precluded access to information which is of value to them
Software Piracy
A form of copyright infringement involving making copies of software or enabling others to access software to which they are not entitled.
What are the ethical framework responses to motivation?
Deontology:
The aim is to perform the right action.
Consequentialism:
The aim is to produce the most good.
Virtue:
The aim is to develop one’s character.
Deontology
To do what is morally right is to do one’s duty (per Kant)
What is cultural relativism?
Different cultures employ different norms or standards.
In what ways can management retaliate against employees who report ethical misconduct?
Reduced hours
Transfer to less desirable jobs
Delays in promotions
What is Kant’s universal rational foundation for morality?
Absolute moral rules / maxims
Altruism
The morally correct action always best serves the interests of others.
What are the ethical framework responses to deliberate process?
Deontology:
What are my obligations in this situation, and what are the things I should never do?
Consequentialism:
What kind of outcomes should I produce or try to produce?
Virtue:
What kind of person should I be or try to be, and what will my actions show about my character?
Vice
A HABIT of unacceptable behaviour.
What are Aristotle’s virtues?
- Courage
- Temperance
- Justice
- Liberality / generosity
- Magnificence / living well
- Pride
- High mindedness
- Aspiration
- Gentleness
- Truthfulness
- Friendliness
- Modesty
- Righteous indignation
- Wittiness
What is the most telling objection to utilitarianism?
It can be used to morally sanction a tyranny of the majority.