Ethics Flashcards

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0
Q

How can a firm manage diversity?

A

Must be overall strategy - continuous process not one off

Clear that it’s everyone’s responsibility

Communicate and train

Measure, review and reinforce

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1
Q

What are the benefits of managing diversity?

A

People want to work for a company with good values

Market competitiveness

Corporate reputation

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2
Q

What are the benefits of a code of conduct?

A

Foote - provides guidance when difficult to know which action will benefit all stakeholders

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3
Q

What problems are associated with a code of conduct?

A

Can’t cover every situation

Wiley - role modelling and clear commitment from top essential

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4
Q

What is diversity management?

A

Hays & Thomas

Use of processes and strategies to make differences among people an asset

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5
Q

What are the problems of positive discrimination?

A

Those seen to be filling quotas will face assumptions about their ability

Patronising to whole group

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6
Q

What are some reasons for positive discrimination?

A

Boatwright

Compensation to make up for long term discrimination

Equality and closing gap

Means of addressing urgent social problems

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7
Q

What is positive discrimination?

Example?

A

Groups given preferential treatment to address previously unfair distribution

Norwegian government - at least 40% of board seats in public companies held by women

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8
Q

What does Noon say?

What does Von Bergen say about equal opportunities?

A

Noon - people should be recruited on their ability to do the job and nothing else

Von Bergen - by ruling out a group, deprive of pool of talent which leads to non engagement and non optimal performance

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9
Q

What role can HR play in ethics?

A

Ensure statutory obligations are met
Integrate values into culture
Influence management
Use it to attract, recruit and retain

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10
Q

What does CSR involve?

A

Reporting on triple bottom line
Economic results
Effect on environment
Effect on social well being

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11
Q

What is the stakeholder view of the firm?

A

Employees one of many groups who’s interests are part of organisations agenda and must be balanced

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12
Q

What is the shareholder view of the firm?

A

Employees seen as a resource to maximise shareholder wealth

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13
Q

What is a normative view?

A

Acknowledges that not all activities will be seen to maximise shareholder wealth

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14
Q

How does Sternberg say an action can be ethical?

A

Must ensure it is

Consistent with business purpose
Consistent with requirement of decency
Consistent with requirement for distributive justice

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15
Q

What did Friedman say?

What implication does this have for CSR?

A

An organisations purpose is to make as much money as possible within the law and rules of competition

Leads to ethical objections to CSR

16
Q

What did a CIPD report find about the purpose of an organisation?

A

49% of participants saw it as maximising shareholder wealth

17
Q

What did Ellesworth say?

A

Important to consider purpose when thinking about ethics of HRM

18
Q

How do the 3 main approaches to ethics have relevance in the workplace?

A

Some ways of treating people are just inherently wrong

Can’t ignore consequences

Yukl - discussions of leadership include virtues

19
Q

Describe the ethics as virtues approach

What are the problems?

A

Desirable qualities possessed by good people - how we should live life in order to realise highest potential

Takes time and experience
Cultural differences
Subjective

20
Q

What is professionalism?

A

The principles behind what you do

Wiley - in an organisation people detect what is acceptable from their line manager and their basic upbringing

21
Q

What are the 3 main approaches to ethics?

A

Ethics as duties
Ethics as consequences
Ethics as virtues

22
Q

Describe the ethics as duties approach

What are the problems?

A

Things that should be done/refrained from because they are good/bad in their own right

Deontological

Focus on acts not consequences

Problems - excessive rigidity, complexity, priority

23
Q

Describe the ethics as consequences approach

What are the problems

A

Good acts lead to good results and vice versa

Utilitarianism - greatest good for greatest number

Problems - how do you measure happiness

Mackie - allows undeserved bad consequences for one group to be offset by good for another