Business Ethics - Chapter 5 - Ethical Decion Making

Front 1

Ethical Decision Making Process

Back 1

Ethical Issue Intensity
Individual Factors
Organizational Factors

Front 2

4 Inputs for making ethical decisions

Back 2

1. Ethical Issue Intensity
2. Individual Factors
3. Organizational Factors
4. Opportunity

Front 3

Ethical Issue Intensity

Back 3

The perceived relevance or importance of an ethical issue to an individual, work group and/or organization

Front 4

Individuals 6 spheres of influence

Back 4

1. Workplace
2. Family
3. Religion
4. Legal System
5. Community
6. Profession

Front 5

Moral Intensity

Back 5

Perception of social pressures and the harm his decision will have on others

Front 6

Individual Factors that effect ethical behavior

Back 6

1. Gender - women are more ethical
2. Education, work experience, nationality, age

Front 7

Locus of Control

Back 7

Individual Differences to belief how one is affected by internal or external events. (unclear relationship between with thical decision making

Front 8

External Locus of Control

Back 8

Go with the flow

Front 9

Internal Locus of Control

Back 9

believe they can control their events, are masters of their destinies, and trust in their capacity to influence their environment

Front 10

Organizational Factors

Back 10

Corporate Culture
Significant Others
Obedience to authority

Front 11

Corporate Culture

Back 11

A set of values, norms and artifacts that members of an organization share

Front 12

Ethical culture

Back 12

Reflects if a firm has an ethical conscience

Front 13

Opportunity

Back 13

Conditions in an organization that limit/permit ethical/unethical behavior
This can be reduced by establishing formal codes, policies and rules

Front 14

Immediate Job Context

Back 14

Where employees work, with whom, and nature of work

Front 15

Leadership

Back 15

The ability or authority to guide and direct others toward an achievement of a goal

Front 16

Transactional Leaders

Back 16

Create satisfaction through bartering for desired behaviors or performance

Front 17

Transformational Leaders

Back 17

Raise employee commitment and foster trust and motivation

Front 18

Habits of Strong Ethical Leaders

Back 18

Ethical Leadership is based on holistic thinking and embraces complex issues a company may face

Developed by Archie Carroll; based on Steven Covey's, The 7 habits of highly effective people

Front 19

Habit 1

Back 19

Leaders have strong personal character

Front 20

Habit 2

Back 20

Have a passion to do right

Front 21

Habit 3

Back 21

Are proactive

Front 22

Habit 4

Back 22

Consider stakeholder's interests

Front 23

Habit 5

Back 23

Role model's for organizations

Front 24

Habit 6

Back 24

transparent and actively involved in organizational decision making

Front 25

Habit 7

Back 25

Competent Managers who take a holistic view of the firm's ethical culture

Front 26

Name 3 factors that result in business ethics evaluations and decions

Back 26

1. Ethical Issue Intensity
2. individual factors
3. Opportunity

Front 27

4 challenges an new employee may have regarding ethical decision making

Back 27

1. Ethical Issue Intensity
2. Corporate culture
3. Obedience to Authority
4. Opportunity