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7 Cards in this Set
- Front
- Back
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Ethics |
The study of what makes up good and bad conduct, inclusive of related actions and values |
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Business Ethics |
The study of what makes up good and bad conduct as related to business activities and values |
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Social Responsibility |
Concern of business entities about profit-seeking and non-profit-seeking activities and their unintended impact on others directly or indirectly involved |
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The three factors that are from expression of public concern |
1. Complexity and interdependence of a postindustrial society 2. Political influence that has translated public outcry for socially responsible conduct into govt' regulation 3. Philosophical differences about what obligations of business should be |
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Consequential theories |
Acts are judged good or bad based on whether the acts have achieved their desired results |
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Deontological theories |
Actions can be judged good or bad based on rules and principles that are applied universally |
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Humanist theories |
Actions are evaluated as good or bad depending on whether they contribute to improving human capacities |
