Nopats Ethics

Front 1

Describe stakeholders

Back 1

anyone who is affected by decision made within the firm

Front 2

the 3 levels

Back 2

primary, indirect, secondary

Front 3

what is corp culture?

Back 3

the business environment that influences out decisions. a shared pattern of belief

Front 4

related to ethics because...

Back 4

as managers we have the power and responsibility to encourage others to do the rite thing

Front 5

examples of the two types of corp culture

Back 5

compliance based - factory
values based - google or jnj

Front 6

leadership is important to corp culture because

Back 6

we have to foster an environment that encourages good ethical decision making

Front 7

one example of an ethical leader?

Back 7

my man ratan

Front 8

describe utilitarianism

Back 8

decisons based on the consequences, and th emost good for the most pe-po

Front 9

advantage of util.

Back 9

pragmatic thinking: produces best overall consequences
useful for public policy

Front 10

disadvantage of util:

Back 10

the ends do not always justify the means. ignoring duty-based ethics

Front 11

why are business execs drawn to this theory?

Back 11

in the tradition of adam smith, this will lead to deregulation and we will be lead by an invisible hand. maxing profits is and efficient means to an end of max happy

Front 12

2 important topix of decision making

Back 12

1)it is impossible to create an ethical decision maker, but we can learn and practice ways to do so.
2)responsible decision making result in more responsble behavior

Front 13

2 important topix of social responsibility

Back 13

how we ought to live together, and consider the broader implications of our actions.

Front 14

2 importnt topix of law

Back 14

to behave ethically sometimes you hafta disobey the law
laws cant possibly solve every dilemma

Front 15

duty based ethics are?

Back 15

there are some rules we ought to obey no matter what the cost.

Front 16

2 advantages of duty-based

Back 16

1)very prescriptive set of rules that eliminates ambiguity
2)you dont have to mull over decisions because its DONE.

Front 17

2 foundations of the categorical imper.

Back 17

-act according to rules agreed to by most people (ie business signing on to the UN global compact)
-treat people as and end in themselves (no more child labor)

Front 18

1 disadvantage of duty-based

Back 18

what do we do when there are conflicts with the rules?

Front 19

4 components of acting morally

Back 19

Moral sensivity
moral judgement
moral motivation
implementation

Front 20

an example from the book?

Back 20

whistleblowing would be an example of implementation. it takes courage because of the tolls it causes on business and the person

Front 21

One point from CST and World relegions

Back 21

cst is a blend of
duty-based
virtue ethics
distributive justice
world - ethical guidance is provided

Front 22

3 principles of CST

Back 22

human dignity- outsourcing exploits
stewardship- sustainability, resp for creator
worker dignity- workers shood be fired as a last resort

Front 23

how is virtue ethics different?

Back 23

emphisizes character rather than consequence

Front 24

3 dimentions of Virtue ethics?

Back 24

1)shifts focus from what a person shood do to what a person is
2)id doesnt control us, our character does
3)introspective, what traits will help me develop a full-life?

Front 25

one critisim of VE

Back 25

different cultures have different values

Front 26

how does lexus & olive relate to the course?

Back 26

an olive tree may be someone duty-based ethic like in the mid-east fiting over land. the VE faith permeates even the most fancy lexus

Front 27

4 types of ethics statements

Back 27

values statement
corp credo
code of ethics
interweb privacy policy

Front 28

2 principle to follow when writing ethics statements?

Back 28

respons to real-life sitations
avoid jargon and generalities

Front 29

3 models of CSR

Back 29

corp citizenship
social contract
enlightned self interest

Front 30

corp citizen

Back 30

engage in efforts for public good, they have a role. often because of a strong leader

Front 31

social contract

Back 31

corps reap benefits from the community so they have a responsibilty to return the favor

Front 32

enlitened self-interest

Back 32

csr is a marketing advantage ie nike

Front 33

how CSR it relates to ethics?

Back 33

distributive justice

Front 34

caux (1 of 3)

Back 34

the responsibility of business: beyond shareholders to stakeholders

Front 35

caux (2 of 3)

Back 35

economic and social impact of business

Front 36

caux (3 of 3)

Back 36

business behavior: beyond the letter of the law toward a spirit of trust

Front 37

caux stakeholders:

Back 37

employees
communities

Front 38

3 major approaches to business environmental responsibility

Back 38

market - leave it to the market ir pacific lumber
regulatory - EPA emmission standards

Front 39

and the last one

Back 39

sustainability - integrated approach.

Front 40

moral vs legal rites?

Back 40

legal rites are granted based on judicial decisions. moral is respect owed just because youre a human being

Front 41

how has UN laws made the distinction?

Back 41

they make 'laws' but they are not enforceable.

Front 42

normative myopia

Back 42

inability to recognize ethical issues

Front 43

slippery slope

Back 43

one unethical decision leads to another

Front 44

power-responsibility

Back 44

more powerful a company more resp you have to a community

Front 45

sustainable development

Back 45

development meets the need of todays without fucking up tomorrow

Front 46

veil of ignorance

Back 46

when choosing principles to govern with, dont take societies abilities or talents into account

Front 47

3 reasons sadhu in important

Back 47

It illustrates a need for moral sensitivity, issues arent always b&w
stephen disagreed and reacted harshly, there will always be critics
you need to think about shit not from just your perspective.