COMM 103 Lecture 9: Chapter 5

• School: Queen's University
• Department: Commerce
• Course: COMM 103
• Professor: Gregory Libitz

Document Summary

Explain the sources of someone"s personal idea of ethics. Thursday, january 14, 2016 comm 103 - page 1 of 1. Ponzi scheme- a type of investment fraud that involves the payment of purported returns to existing investors from funds contributed by new investors. Ethics- is a reflection of the moral principles or beliefs about what an individual views as being right or wrong. Built around the norms or standards of conduct society views as acceptable, very personal. Identify dilemma, collect facts, test alternative, seek advice initiate decision. Most important skill in workplace is integrity (honesty, reliability, ethics, moral judgment) Organization"s culture is hugely influenced by boundaries and values instilled by board of directors. Board of directors- the term for the governing body of a corporation, comprising of individuals who have been chosen or elected to oversee the management of the organization.