Module 1 Flashcards
Ethics
principles that guide a person’s behavior.
Legal
an act that is permissible or in conformity with the law of the land
Legal-ethical
When the law and personal or organizational ethics are in accordance with each other
Legal-unethical
Dilemma in which established laws are not in accordance or do not uphold the ethical choice
Illegal-ethical
Dilemma in which the ethical choice would be in violation of established laws
The ethical tone of a business is set by its leadership. They must acknowledge their role in shaping organizational ethics and consider how to strengthen their organization’s relationships and reputation.
Because employees with different backgrounds may vary in their understanding of what is ethically appropriate, it can be challenging to standardize ethical codes for diverse or international teams.
Values
Stable life goals that people have that reflect what is most important to them
Morals
Rules people develop as a result of cultural norms and values and are, traditionally passed down through generations and characterize a cultural group. What is and isn’t acceptable
Organizational ethics
Rules, principles, and standards for deciding what is morally right or wrong when doing business
Ethical issues - societal
Concerns issues relating to the world as a whole
Involvement happens because of the ethics the organization creates out of care and concern for individuals.
Ethical issues - stakeholder
Concerns policies that affect its customers, employees, suppliers, and people within the community
Ethical issues - internal policy
Concerns internal relationships between a company and its employees
Examples include fairness in management, pay, and employee participation.
Ethical issues - personal
Concerns how people treat others in their organization
Examples include gossiping at work or taking credit for another’s work.
