RLGA02H3 Lecture Notes - Critical Role, Social Exchange Theory, Categorical Imperative
Document Summary
Chapter two: the responsibilities of business managing the societal force. Unethical behaviour may be directed against the organization itself, or it may be consistent with the organization s goals but inconsistent with commonly accepted ethical principles. Unethical behaviour includes discrimination against other employees, padding expense accounts, paying or accepting bribes, questionable advertising. Media has increasingly reported a concern over the erosion of business responsibility and unethical activities in organizations cost instruct billions of dollars yearly. Massive layoffs contribute to the public s dim view of business. Issues that raise questions about ethics of business include: misuse of natural resources, close relationship with government, not treating employees properly, corporations being too big and powerful. Countless major scandals shaken up business-society relationship. Enron, worldcom, tyco international, xerox are some of the companies that have undermined public confidence in the integrity of business through their scandalous activities. Managing the forces of business and the stakeholders of business.
