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18 Cards in this Set

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the code of moral prinviples and values that governs the behaviors of a person or group ith respect to what is right or wrong
ethics
a situation that arises when all alternative choices or behaviors are deemed undesirable becuase of potentially negative consequences, making it difficult to distinguish right from wrong
ethical dilemma
the ethical concept that moral behaviors produce the greatest good for the greatest number
utilitarian approach
the ethical concept that acts are moral when they promote the individual's best long term interests, which ultimately leads to the greater good
individualism approach
the ethical concept that moral devisions are those that best maintain the rights of those people affected by them
moral-rights approach
the ethical concept taht moral devisions must be based on standards of equity, fairness, and impartiality
justice approach
the ocncept that different treatment of people should not be based on arbitrary characteristics. In the case of substantive differences, people should be treated differently in proportion ot the differences among them
distributive justice
the concept that rules should be clearly stated and consistently and imprtially enforced
procedural justice
the concept that individuals should be compensated for the cost of their injuries by the party responsible and also that individuls should not be held responsible for matters over which they hae no control
compensatory justice
the obligation of oranizaion management to make devisions and take actions that will enhance the welfare and interests of society as well as the organization
corporate social responsibility
any group within or outside the organization that has a stake in the organization's performance
stakeholder
economic development that meets the needs of the urrent population while preserving the encironment for the needs of future generations
sustainability
organizational responsibility that is voluntary and guided by the organization's desire to make soial contributions not mandated by economics, law, or ethics
descretionary responsibility
a formal statement of the organization's values regarding ethics and social issues
code of ethics
a groupe of executives assigned to oversee the organization's ethics by ruling on questionable issues and disciplining violators
ethics committee
a company executive who oversees wthics and legal compliance
chief ethics officer
training programs to help employees deal with ethical questions and values
ethics training
the disclosure by an employee of illegal, immoral, or illegitimate practices by the organization
whistle-blowing