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13 Cards in this Set
- Front
- Back
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Ethics |
set of moral principles or values that governs the conduct of an individual or group |
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Ethical Fundamentalism |
a person must look to an outside source or a central figure for ethical rules or commands |
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Utilitarianism |
a person must choose the action or follow the rule that provides the greatest good to society or your community |
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Kantian Ethics Duty Ethics Deontology Consistency Reversibility |
a person owes moral duties on universal rules: ____________-all cases are treated alike ____________-actor must abide by the rule he or she uses to judge the morality of someone else's conduct |
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Social Contract |
all in society obey moral rules that are necessary to live in peace and harmony |
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Veil of Ignorance |
permit the fairest possible principles to be selected |
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Fairness |
essence of justice |
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Ethical Relativism |
own feelings on what is right and wrong |
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Corporate Social Responsibility (CSR) |
corporations and businesses are responsible for their actions |
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1) Maximizing Profits 2) Moral Minimum 3) Stakeholder Interest 4) Corporate Citizenship |
Theories of CSR: 1) maximize profits for shareholders 2) make a profit while avoiding harm to others 3) corporations must consider effects its actions have on persons other than its customers 4) business has responsibility to do good |
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Sustainability |
ethical manner for long term or wasting it's resources for quick success - short term |
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Management Responsibility |
monitoring of sustainability measures |
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CSR Audit |
examines low well the employees have adhered to the code of ethics and how well the company met its social responsibility |
