Unit 2: Common Ethical Issues Flashcards
The difference in right and wrong.
Ethics
Act that is permissible or in conformity with the law of the land
Legal
Codes, principles, and values that shape people’s interactions with others
Personal Ethics
Shared set of beliefs derived from what a person is taught by family, church or other group.
Morals
Principles and beliefs that are most important to the individual.
Stable, enduring goals that a person has for life.
Values
Branch of applied ethics that focuses on rules, principles, and standards in the context of business activities.
Priciples/beliefs that are the foundation of an organization’s culture.
Organizational ethics
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.
Societal Issues
Concerns policies that affect its customers, employees, suppliers, and people within the community.
Issues effect those that depend on the company. Example would be moving an operation overseas
Stakeholder Issues
Concerns internal relationships between a company and its employees. Examples include fairness in management, pay, and employee participation.
Issues effect employees. Example would be ‘Equal pay for equal work’.
Internal Policy Issues
Concerns how people treat others in their organization. Examples include gossiping at work or taking credit for another’s work.
Relates to individuals and how they feel they are treated or valued at work. Example would be a manager bullying or belittling an employee.
Personal Issues
How does a company’s ethical behavior impact organizational outcomes?
Ethical behavior can attract the attention of more talented employees and attracts customers.
How does a company’s unethical behavior impact organizational outcomes?
Unethical behavior will push customers and employees to break ties with an organization they believe to reflect negatively on them by being associated.
Speaking the truth, respecting my elders, and never purposely hurting someone are examples of _________ ethics.
Personal
Offering paid services on your time off to a company customer is an example of a _____________?
Conflict of Interest
__________ reflects beliefs about what is right and what is wrong.
Ethics
Being punctual, refraining from gossip, and having good time management are examples of _________ ethics.
Professional
__________ are the principles that are counted as most important to the individual.
Values
__________ are the principles that are counted as most important to the individual.
Morals
The below is an example of?
A police officer may personally believe that a law that he is required to enforce is wrong. However, under the Code of Conduct for the New Zealand Police, he is required to obey all lawful and reasonable instructions to enforce that law unless there is good and sufficient cause to do otherwise.
When personal and professional ethics may conflict.
Where do an organization’s ethics tend to start?
They start at the top and trickle down
What is a code of ethics?
Rules of conduct based on an organization’s core values.
What is included in a company’s code of ethics?
Company’s values, vision for the future, and ethical / moral standards
Define the term greenwashing.
When a company promotes CSR but in reality acts against it’s own pronounced values.
Define the term internal transparency.
Having an open dialog of information within a company or organization
