ADMS 1000 Lecture Notes - Lecture 10: Iese Business School, The New Blood, Role Theory

• School: York University
• Department: Administrative Studies
• Course: ADMS 1000
• Professor: Shahab Modirmassihai

Document Summary

Understand the challenges of defining business ethics. Explain the models for judging the ethics of a decision. Discuss how org may contribute to unethical behaviour work. Define stakeholders and explain why they are important for business to manage. Analyze the debate for and against the relevance of corporate social responsibility. Ethics the study for morality/moral judgements, standards, and rules of conduct. The notion of business ethics has been considered as comprising the rules, standards, principles, or codes giving guidelines for morally right behaviour in certain contexts. Models for making ethical decisions: utilitarian or end-point ethics (john stuart mills, rule ethics. To determine if an action is right/wrong 1 must examine the end result or likely consequences of an action: tangible economic outcomes (shareholder profit) Must achieve the greatest amount of good for the > # of ppl . Auto marker example: cost benefit analysis (example)