MGCR 382 Lecture Notes - Lecture 5: Organisation For Economic Co-Operation And Development, Civil Society, Corporate Social Responsibility
Document Summary
Country/business level i. e. laws try to be clear an unambiguous however their appication and interpretation can lead to ethical ambiguity. Nature of ethics and social responsibility in ib. Ethics: individual"s personal belifs about whether a decision, behavior, or action is right or wrong: what constitutes ethical behavior varies from one person to another. Ethical behavior: refers to behaior that conforms to generally accepted social norms. Unethical behaviors: behavior that does not fornform to generally accepted social norms. This that affect individuals ethics: children"s experiences, person"s values laws. Personal beliefs: about what constitutes ethical actions/behaviors. Cultural contexts: those in same contexts are likely to hold similar beliefs as to what constitutes unethical/ethical behaviors. Members of one culture may see behaviors as ethical and perfectly reasonable while others in another may view it as unethical. Circumstances: can rationalize ethical behavior in certain circumstances.