BA 101 Lecture Notes - Lecture 17: The Roots, Kantian Ethics, Product Liability

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Rights establish a minimum level of morally acceptable behavior: justice theories: focus on the attainment of a just distribution of economic goods and services that is considered to be fair and equitable. It is not about the law: organizational policies and procedures, the moral stance employees take when faced with decisions not governed by formal rules. As managers: your choices, your decisions, your behavior; all give definition to the world you live in, as a manager, you shape the organization and the world your employees inhabit through: Employment agreement, structure of the job (task), interpersonal interaction. Sarbanes-oxley act of 2002: establishes new or enhanced standards for all u. s. public company boards, management, and public accounting firms. Ethics and social responsibility: the corporation a documentary, biased, controversial, compels people to take a position. Externalities: externality definition: a consequence of an economic activity that is experienced by unrelated third parties.

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