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23 Cards in this Set
- Front
- Back
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restricted stock |
outright grant of stock 3-4 year vest |
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stock option |
buy at todays price in the future 3-4 vest expires after 10 years |
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performance awards |
grant of stock based on comparison of company stock to peer group |
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ethics |
values and beliefs people use to analyze/interpret a situation then decide appropriate way to behave |
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ethical dilemma |
is your self interest more valuable than someone else's |
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stakeholders |
people/groups which supply company with a productive resource and so have a claim on and a stake in the company |
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stockholders |
want to make sure managers behaving ethically and not risking investor's capital want to maximize their return on investment |
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managers |
responsible for using financial capital and human resources to increase its performance group with most responsibility for deciding goals of an organization |
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employees |
companies can treat employees ethically by creating an occupational structure that fairly and equitably rewards employees |
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customers |
most critical stakeholder company must work to increase efficiency and effectiveness in order to keep and bring in loyal customers |
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suppliers |
expect to be paid fairly and promptly for their inputs |
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distributors |
expect to receive quality at agreed upon price |
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utilitarian rule |
greatest good for greatest number of people |
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moral rights rule |
ethical decision should maintain and protect fundamental rights and privileges for people |
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justice rule |
ethical decision should distribute benefits and harm among people if fair impartial manner |
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practical rule |
has no ashame of telling the public because the public would understand |
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codes of ethics |
formal written rules, based on beliefs of right and wrong |
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ethics ombudsman |
ethics officer who makes sure everything company is doing is ethical |
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glass ceiling |
invisible barriers that keep minorities and woman from bring promoted to top corporate positions |
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U.S. workforce is _____% woman woman make ______% of mens salary woman hold ______% of corporate office positions woman currently hold ______% of all fortune 500 ceo positions |
47% 82% 14% 5% |
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LOOK AT SLIDE 63 of ch.3 |
know all kinds of acts |
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quid pro quo harassment |
asking an employee for sexual favors in exchange for a reward or avoiding negative consequences |
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hostile work environment |
telling jokes, playing porn |
