ADMS 1000 Lecture Notes - Lecture 10: Vampire Game, Corporate Social Responsibility, Joe Fresh

• School: York University
• Department: Administrative Studies
• Course: ADMS 1000
• Professor: Indira Somwaru

Document Summary

Ethics- study of rules, standards and beliefs held by society. Guides our actions in society (culturally relevant so in different countries things like bribery might be looked at differently, it might be excepted in some countries and not in others) --) in business (guided by societal ethics) To the profits outweigh the costs (toyota scam- problems in cars but they denied it because it would be expensive to fix it but eventually they admitted it and were at loss) Therefore not ethical because the costs outweigh the benefits. Unethical mindset, you"ll keep doing it (conrad black) Our actions are judged by the rules that are given in a society (bible- 10 commandments- our. Actions are judged based on the contract entered into by the two parties. You are violating the rules and saying you"ve learned stuff and get a degree but you didn"t. They say that everyone"s doing it and you need to stay ahead of the competition.