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Established standards of good or bad vs right vs wrong in ones conduct |
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Is "Right" or "Good" in context of a governing moral code |
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Broad beliefs about what is appropriate behavior |
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preferences about desired results |
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Preferences about desires means to desired ends |
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Ethical Behavior respects and protects fundamental rights |
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Ethical Behavior treats people importantly and fair |
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Polocies and rules are fairly applied |
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Degree to which outcomes are distributed fairly |
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Degree to which others are treated with dignity and respect |
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Degree to which an exchange or a transaction is fair to all parts |
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Suggests that there is no one right way to behave; ethical behavior is determined by its cultural context |
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Suggests ethical standards apply absolutely across all cultures |
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A situation that offers potential benefits or gains that also may be considered unethical |
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Personal rule or stategy for making ethical decisions |
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Ethnics Intensity/ Issue Intensity |
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Indicates the degree in which an issue or situation is recognized to pose important ethical challenges |
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Seeks to help people understand the ethical aspects of decision making and to incorporate high ethical standards into their daily behavior |
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Formal Statement of calues and ethical standards |
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Fails to consider the ethics of his or her behavior |
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Exposes the misdeeds of others in organizations |
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In management, means acting in ways that support a high quality of life for present and future generations |
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Corporate Social Responsibility |
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The obligation of an organization to serve the interest of society in addition to its own interests |
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Evaluates organizational performance on economic, social, and environmental criteria |
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Persons, groups, and other organizations that are directly affected by the behavior of the organization and that hold a stake in its performance |
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Refers to the capacity of the stakeholder to positevely or negativeoy affect the operations of the organization |
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Indicates the extent to which a stakeholders concerns need immediate attention |
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The business should focus on profits |
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Business' should focus on broader social welfare as well as profits |
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Occurs when CSR improves financial performance which leads to more CSR |
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Social Responsibility Audit |
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Assess the organization accomplishments in areas of social responsibility |
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Avoids social responsibility and reflects mainly economic priorities |
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Seeks protection by doing the minimum legally required |
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Attempts social responsibility, and tries to satisify economic, lgal and ethical criteria |
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Meets all the criteria of Social Responsibility, including discretionary performance |
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Oversight of top management by a board of directors |
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