Ethics Flashcards
1
Q
Ethics
A
The self
the good
the other
2
Q
Good for self
A
Financial gain for the FM through bonuses
3
Q
Good for other
A
Is the decision good for the company?
is the decision good for stakeholders?
what are applicable standards?
conceptual framework?
4
Q
Ethical behaviour
A
When it is not only good for the self, but also good for others
5
Q
Unethical behaviour
A
Doing an action only concerned about what is good for him or her without regard for how others will be affected by it
selfishness
6
Q
How to make good ethical decisions
A
- Is it legal?
- how will it look in the newspaper?
- is it consistent with the organisation’s value?
- is it fair to all?
- if I do it, will I feel good?
