MGMT 1 Lecture Notes - Lecture 13: Corporate Social Responsibility, Bernard Madoff, The Right Thing To Do

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Demanding ethical and socially responsible chapter 4: behavior. Not everything that is legal is also ethical. Plagiarism is the most common type of unethical behavior in schools. Teachers and professors use turnitin. com and other technologies. Cheating in school is associated with unethical behavior later. Should early traces and mistakes you made online be erased at some point. Incentives must be aligned to discourage unethical behavior. Most businesses and nonprofit organizations have written ethics codes. Compliance-based ethics codes rely on control and penalties. Integrity-based ethics codes appeal to each individual"s integrity and moral compass. Top management must unconditionally embrace ethical standards and behavior. Ethical standards apply to outside parties as well. Acknowlegdes that businesses have broad responsibilities for the welfare of a society. Critics oc csr focus on making money as the only responsibility. Legal principles as to how much consumers are protected from buying and using faulty products. Let the buyer beware vs let the seller beware .

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