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a firms engaging in social actions because of its obligation to meet certain economic and legal responsibilities |
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The view that managements only social responsibility is to maximize profits |
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the view that managements social responsibility goes beyond making profits and includes protecting and improving society's welfare |
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a firms engaging in social actions in response to some popular social need |
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a business's intention, beyond its legal and economic obligations, to do the right things and act in ways that are good for society |
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applying social criteria (screens) to investment decisions |
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a form of managment in which managers consider the impact of their organization on the natural environment |
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Shades of Green in Managment |
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Legal or Light green- simply doing what is required legally
Market approach- respond to environmental preferences of customers
Stakeholder approach- meet environmental demands of employees, suppliers, or community
Activist or Dark Green- looks for ways to protect the earth's natural resources |
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Principles, values, and beliefs that define what is right and what is wrong behavior |
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3 levels of moral development |
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1) Preconventional level - persons choice between right and wrong is based on personal consequences from outside sources
2) Conventional level- ethical decisions rely on maintaing expected standards and living up to the expectations of others
3) Principled level- individuals define moral values apart from the authority of the groups to which they belong or society in general |
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basic convictions about what is right and what is wrong |
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a personality measure of the strength of a person's convictions |
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a personality attribute taht measures the degree to which pople believe they control their own fate. |
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a form of management in which an organizations values guide employees in the way they do their jobs |
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a formal statement of an organizations primary value and the ethical rules it expects its employees to follow |
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an individual who raises eithical concerns or issues to others |
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an individual or organization who seeks out opportunites to improve soviety by using practical innovative and sustainable approaches |
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