Term
|
Definition
| Right to privacy, right to work, right to safe working condition, right to adequate pay, right of due process |
|
|
Term
| Purpose of Compensation (Employer) |
|
Definition
Ensure productive, loyal, and stable workforce
Motivate employees
Link effort/output to pay
Maintain competitive price levels |
|
|
Term
| Purpose of Compensation (Employee) |
|
Definition
Stable income flow
Maintain/enhance standard of living
Accomplish family goals |
|
|
Term
| Variable Cost Compensation |
|
Definition
Direct labor
Sales Commissions
Bonuses or other revenue-based forms |
|
|
Term
|
Definition
| Indirect labor and all other payments for labor |
|
|
Term
| Due Process in the Constitution |
|
Definition
Fifth Amendment: No person shall be deprived of life, liberty, or property, without due process of the law
Fourteenth Amendment:
No state shall deprive any person of life, liberty, or property, without due process of the law. |
|
|
Term
|
Definition
"How"
How the government can lawfully go about taking away a person's freedom or property when the law otherwise gives them the power to do so
Were the rules and processes followed?
Is the law applied fairly to all?
Does the law presume guilt or is it too vague? |
|
|
Term
|
Definition
"Why"
General rights to give power to the individual to possess or do certain things, despite the governments desire to the contrary
Was the law itself reasonable?
Was appropriate government justification used in punishing the individual? |
|
|
Term
| Elements of Procedural Due Process |
|
Definition
| Right to a fair trial, right to be present at trial, right to impartial jury, right to be heard in one's defense |
|
|
Term
| Advantages of Procedural Due Process |
|
Definition
Speed
Cost
Individually-tailored outcomes
Control by parties, not courts
Confidentiality
Flexibility
Internationalization |
|
|
Term
| Disadvantages of Procedural Due Process |
|
Definition
Equal protection
Enforcement
Public Access
Regulation |
|
|
Term
| Planning for Procedural Due Process |
|
Definition
Predict the types of problems
Assess the procedural risks
Quantify the desired outcomes
Allocate adequate resources for success
Formalize program goals and policies
Seek broad support for program |
|
|
Term
| Implementing Procedural Due Process |
|
Definition
Rigorous case examination
Required participation
Extensive training
Effective program evaluation
Review and revise the program |
|
|
Term
| Where can organizations regulate employee behavior? |
|
Definition
During work hours on the job
After work hours on work premises
Off work premises
At home |
|
|
Term
| When can firms limit worker rights? |
|
Definition
During the hiring process
During the period of employment
After separation from the firm |
|
|
Term
| Seven Step Ethics Program |
|
Definition
1. Standards and procedures, such as codes of ethics, that are reasonably capable of detecting and preventing misconduct
2. High-level personnel who are responsible for an ethics and compliance program
3. No substantial discretionary authority given to individuals with a propensity for misconduct
4. Standards and procedures communicated effectively via ethics-training programs
5. Establishment of systems to monitor, audit, and report misconduct
6. Consistent enforcement of standards, codes, and punishment
7. Continuous improvement of the ethics and compliance program |
|
|
Term
| Code of Conduct vs. Code of Ethics |
|
Definition
Code of Conduct: formal statements that describe what an organization expects of its employees
Code of ethics: consists of general statements that serve as principles and the basis for the rules of conduct |
|
|
Term
|
Definition
| A methodology used to manage process variations that cause defects, defined as unacceptable deviations from the mean or target and to systematically work toward managing variation to eliminate those defects |
|
|
Term
|
Definition
| Management system that focuses on all the elements that contribute to organizational success including financial, customer, market and internal process |
|
|
Term
|
Definition
| A measure both in number and in words of an organization's economic, environmental, and social performance |
|
|
Term
| Steps of Ethical Decision Making |
|
Definition
1. What's the dilemma?
2. Identify outcomes and consequences
3. Apply frameworks (stakeholder analysis)
4. Make decision |
|
|
Term
|
Definition
Threats:
Rationalization
Detachment
Unhealthy focus on a goal |
|
|
Term
| Stages of Corporate Ethical Development |
|
Definition
Amoral
Legalistic
Responsive
Emerging Ethical
Ethical |
|
|
Term
| Levels of Corporate Social Responsibility |
|
Definition
Economic
Legal
Ethical
Philanthropic |
|
|
