MGT 300 Lecture Notes - Lecture 3: Ethical Dilemma, Leading Edge
Document Summary
Our focus: ethics standards of good vs. bad, right vs. wrong, values terminal vs. instrumental, views of ethics. Cultural issues: cultural relativism no (cid:862)one(cid:863) right way, moral absolutism universal standards, ethical imperialism imposition of ethical standards on other cultures. Recognize the dilemma, get the facts, test the options, double check, take action. Moral management: moral managers pursue ethics as a personal goal. Immoral managers choose to behave unethically: amoral managers fail to account for ethics issues, whistle blower (cid:862)snitches get stitches(cid:863) Social responsibility: stakeholders affected by the organization, triple bottom line economic, social, and environmental criteria. Views classical (profits), socioeconomic view (social welfare), shared values (dual focus)
