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12 Cards in this Set

  • Front
  • Back

compliance based ethics codes

emphasize preventing unlawful behavior by increasing control and penalizing wrongdoers

integrity based ethics codes

define the organizations guiding values, create an environment that supports ethically sound behavior, and stress shared accountability

whistleblowers

insiders who report illegal or unethical behavior (aka snitch)

CSR

(CSR) is the concern businesses have for the welfare of society not just for their owners

corporate philanthropy

the dimension of social responsibility that includes charitable donations

corporate social initiatives

enhanced forms of corporate philanthropy directly related to the company's competencies

corporate responsibility

the dimension of social responsibility that includes everything from hiring minority workers to making safe products (acting responsible within society)

corporate policy

the dimension of social responsibility that refers to the position a firm takes on social and political issues

John F. Kennedy proposed 4 basic rights of consumers

1) the right to safety


2) the right to be informed


3) the right to choose


4) the right to be heard

insider trading

an unethical activity in which insiders use private company information to further their own fortunes or those of their family and friends

social audit

systematic evaluation of an organization's progress toward implementing socially responsible and responsive programs

environmentalists

advocacy group that applies pressure by naming companies that do not abide by environmental standards