Ethics Flashcards
what is ethics (UMJ)
INNER guiding MORAL principles and values
used to interprete situation and behave in appropriate manner
3 model: each different but COMPLIMENTARY ways to solve ethical dilemas
Utilitarian (UMJ)
ethical decision that produces the GREATEST good for the GREATEST AMOUNT of people
Moral Rights (UMJ)
best MAINTAINS AND PROTECTS the FUNDAMENTAL rights of people affected by it
Justice (UMJ)
evenly DISTRIBUTES benefits and harms amongst stakeholders in a FAIR and IMPARTIAL way
what is Corporate Social Responsibility (ODAP)
managers DUTY to make decisions that PROMOTES the WELFARE and WELLBEING of stakeholders and SOCIETY
managers must balance economic, environmental and social obligations
obstructionist (ODAP)
low social responsibility, lowest commitment.
behaves unethically, and illegally, tries to prevent people from knowing
Defensive (ODAP)
least basic commitment to ethical behavior
stays within law, abides by legal requirement. nothing beyond that
Accommodative (ODAP)
ACKNOWLEDGES the need to support SR
makes choices that are reasonable in the eyes of society
does the right thing WHEN ASKED
Proactive (ODAP)
highest social responsibility
embraces the need to behave ethically
goes out of their way to learn the needs to various stakeholders
FOREFRONT CAMPAIGNS