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Definition
| the way in which we answer value-laden questions (Raol Schander’s definition) |
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| a situation that arises when all alternative choices or behaviors are deemed undesirable because of potentially negative consequences, making it difficult to distinguish right from wrong |
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| the ethical concept that moral behaviors produce the greatest good for the greatest number |
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| the ethical concept that acts are moral when they promote the individual’s best long-term interests, which ultimately leads to the greater good |
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| the ethical concept that moral decisions are those that best maintain the rights of those people affected by them |
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| the ethical concept that moral decisions must be based on standards of equity, fairness, and impartiality |
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| the concept that different treatment of people should not be based on arbitrary characteristics. In the case of substantive differences, people should be treated differently in proportion to the differences among them |
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| the concept that rules should be clearly stated and consistently and impartially enforced |
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| the concept that individuals should be compensated for the cost of their injuries by the party responsible and also that individuals should not be held responsible for matters over which they have no control |
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| Corporate social responsibility |
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| the obligation of organization management to make decisions and take actions that will enhance the welfare and interests of society as well as the organization |
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| any group within or outside the organization that has a stake in the organization’s performance |
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| economic development that meets the needs of the current population while preserving the environment for the needs of future generations |
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| Discretionary responsibility |
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| organizational responsibility that is voluntary and guided by the organization’s desire to make social contributions not mandated by economics, law, or ethics |
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| a formal statement of the organization’s values regarding ethics and social issues |
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| a group of executives assigned to oversee the organization’s ethics by ruling on questionable issues and disciplining violators |
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| a company executive who oversees ethics and legal compliance |
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| training programs to help employees deal with ethical questions and values |
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Definition
| the disclosure by an employee of illegal, immoral, or illegitimate practices by the organization |
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