COMM 102 Lecture Notes - Lecture 3: Nuclear Power, Lead Paint, Syncrude
Document Summary
Chapter 3 social: society, corporate responsibility, and making ethical decisions. Social trends: our aitudes, values, and lifestyles includes diversity. Component lifestyle: a lifestyle made up of a complex set of interests, needs, and choices. Social responsibility: the concern of businesses for the welfare of society as a whole; consists of obligaions beyond those required by law or contracts. Ethics: a set of moral standards for judging whether something is right or wrong. The impact of diversity: women in the workforce, muliculturalism, immigraion. Any person or organizaion with a vested interest or to who the company has a responsibility. Customers value/honesty (might want to menion consumer rights in canada: safety, informaion, choice, and be heard). Investors return on investment/company to act legally and ethically. Governments/society law-abiding/proper reporing of aciviies (including tax obligaions)/to act ethically. A set of moral standards for judging whether something is right or wrong. More than legality (but this is certainly the 1st step)
