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7 Cards in this Set

  • Front
  • Back
What is ethics?
– Behavior at the individual level
– Concerned with what is right and wrong
– Varies by culture
What is social responsibility?
– Corporate Social Responsibility is the approach an
organization takes in balancing its responsibilities
toward stakeholders when making decisions.
– Stakeholders:
• Owners, Employees, Customers, Community
What is a conflict of interest?
When individuals most choose between taking actions that promote their personal interests over the interest of others.
What does recuse mean?
To take yourself out of the situaion
What is a whistle-blower?
When someone sees something wrong in a company and reports it. A tattle-tale.
What are some ethics influences?
-Top management
-Coworkers/subordinates
-Ethnic background/cultural
What's a conflict of loyalty?
Disclosing confidential information