COMMERCE 1B03 Lecture Notes - Lecture 10: Organizational Identification, Corporate Social Responsibility, Organizational Ethics

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Ethics: systematic thinking about the moral consequences of decisions. Stakeholders: people inside or outside of an organization who have the potential to be affected by organizational decisions. The people who will be affected by what you are doing. We tend to see ourselves as having higher ethical standards than others. For every $ a white american man in full time work, an average white. American woman earns 78 cents, and the average latina only 56 cents. 9% of earnings premium for lesbians over heterosexual women but lesbians are less likely to be employed. 11% earnings penalty for gay men relative to straight men. **point being that the ethical problem is that people are paid and employed not because of skills but because of sex, sexual orientation, and race. Some of the seafood produced and cleaned in thailand is produced by slaves.

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