MGMT 1P93 Lecture Notes - Lecture 3: Corporate Social Responsibility, Organizational Culture, Living Wage

• School: Brock University
• Department: Business - Management
• Course: MGMT 1P93
• Professor: Jacqueline Glenney

Document Summary

A set of beliefs about right and wrong, good and bad: legal, economic, ethical, philanthropic. The obligation of a business to contribute to society. There are 4 levels of corporate social responsibility. Business ethics lecture 3 notes- january 24, 2017. People cheat because of observation of other people being dishonest which thus makes it acceptable. Every business needs to have its own code of ethics. For businesses to be successful they need to have both ethics and social responsibility. Are ethical norms that apply to all people across a broad spectrum of situations. The application of right and wrong in the workplace. Treat others the way you would like to be treated. A decision that involves a conflict of values; every potential course of action has come significant negative consequences. The most challenging business decisions seem to arise when values are in conflict. Individuals must make their own ethical choices but the organization can have a significant influence on decisions.