SMGT 3421 Lecture Notes - Lecture 3: Ethical Dilemma

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12 Feb 2019
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Ethics
Tuesday, February 12, 2019
4:25 PM
Key Terms:
Ethics: systematic study of the values guiding our decision making; ethics
reflect how we believe people should behave and how we want the world to
operate
Morals: fundamental baseline values that dictate appropriate behavior
within a society
Ethical dilemma: practical conflict involving equally compelling values or
social obligations; solved when we articulate which commonly held values
we admire most
Morality: the list of those actions people ought to do or refrain from doing
Whistleblower: person who comes forward and shares his/her knowledge on
any wrongdoing which he/she thinks is happening in the whole organization
or in a specific department. A whistleblower could be an employee,
contractor, or a supplier who becomes aware of any illegal activities
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