Prelim -ITEC60 Flashcards
Set of rules that establishes boundaries of generally accepted behavior
Moral code
Involves social convention about right and wrong , which are widely shared
Morality
Morality may vary by:
• Age
• Cultural group
• Ethnic background
• Religion
• Gender
A set of beliefs about right and wrong behavior
Ethics
Conforms to generally accepted social norms
Ethical behavior
Habits that incline people to do what is acceptable
Virtues
Habits of unacceptable behavior
Vices
is a cornerstone of ethical behavior
Integrity
The product of multiplying the likelihood of an event by the impact of its occurrence
Risk
Can make it easier for corporation to conduct business
Goodwill
Is a senior-level manager who provides and direction in business conduct
Corporate ethics officer
Identifies past ethical lapses and sets directives to avoid similar missteps in the future
Social Audit
The ethical choice best reflects moral virtues in yourself and your community
Virtue Ethics Approach
The ethical choice produces the greatest excess of benefits over harm
Utilitarian Approach
The ethical choice treats everyone the same and shows no favoritism or discrimination
Fairness Approach