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Standards of moral behavior is behavior that is accepted by society as right or wrong |
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Questions to ask self in an ethical dilema IN ORDER |
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1. Is it legal? 2. Is it OK for everyone to do: balanced? 3. How will it make me feel about myself? |
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Difference between ethical dilemma and ethical lapse |
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Dilemma: Both sides of an issue can be supported, no clear right or wrong Lapse: When an individual makes a dicision that is morally wrong/illegal, doing the wrong thing |
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Difference between integrity and compliance based codes |
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Compliance: Penalty for wrong doings Integrity: No penalty for wrong doings |
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People who report illegal or unethical behavior |
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Defn Corporate Social Responsibility |
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Anything a corporation does to give back to society |
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Defn Corporate Philanthropy |
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The dimension of social responsibility that includes charitable donations to nonprofit groups |
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Definition
Have the right to: -Safety -Be informed -Choose -Be heard |
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Insiders using private company info to further their own fortunes or those of family and friends |
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When companies claim they are more environmentally responsible than they really are |
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A systematic evaluation of an organization's progress towards implementing programs that are socially responsible, usually done by an outside source |
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Defn Forgein Corrupt Practices Act |
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Definition
Made to prohibit the bribery of foreign government officials by U.S. persons and prescribe accounting and record-keeping practices |
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