MGMT 1040 Study Guide - Final Guide: Management, Moral Relativism
Document Summary
Ethics committee a group comprising directors, managers or staff formed to monitor ethical standards and behaviours. Whistleblowing - an act of voluntary disclosure of inappropriate behaviour or decisions of persons in positions of authority in the organization. Chapter 6 short answer questions: define and describe the pros and cons of statements of values. Statement of values contain a description of the beliefs, principles, and basic assumptions about what is desirable or worth striving for in an organization. Easily identify shared values and describe their rationale. Focuses actions and decisions on how to reduce controversy. Sometimes designed to improve the public image of the corporation. Rather than involving the lower level employees top level management decides the values. Not taken seriously when the values are not explained. No effort is made to instill the values in the corporation: define and explain the significance of and distinction between codes of conduct and codes of ethics.
