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ADM1301 (111)
Tim Ragan (11)
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Department
Administration
Course
ADM1301
Professor
Tim Ragan
Semester
Fall

Description
Chapter 6 Managing the Ethics of Business Summary y Corporations must take action to reinforce the importance by considering ethical implications in decision making o Formal approach organizing norms that are written as a code of conduct o Monological approach member determine for themselves what is right and wrong o Dialogical approach communicate before decisions are made and implementedy A code of ethics reflects the values of an organization different from code of conduct which focuses on rulesregulations instead of values y thics audits are becoming more common y Corporation must be committed to any program y A moral leadership model y Must be evaluated on a regular basis y Program must be compliance based or integrity basedKey Terms y Corporate ethics programs some combination of a statement of values codes of ethics andor ethics ethics training ethics audits and consulting services ethic officers and committees and ethics reporting systems y Statement of values a description of the beliefs principles and basic assumptions about what is desirable or worth strivin
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