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ADMS 3660 Study Guide - Final Guide: Moral Agency, Quran, The Whistleblower

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pearbadger416
15 Oct 2012
School
York University
Department
Administrative Studies
Course
ADMS 3660
Professor
all

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Document Summary

When we are studying morality we are doing ethics". It is the discipline that deals with good and bad and moral duty and obligation. Can also be regarded as a set of moral principles. Morality refers to the standards that an individual or group has about what is right or wrong, good or evil. Business ethics is a specialized study of moral right or wrong. It concentrates on moral standards as they apply to business policies, institutions, and behaviour. Corporate social responsibility refers specifically to a description and moral evaluation of the impact that an organization has on society. Society: a community, a nation, or a broad grouping of people having common traditions values institutions and collective activities and interests. Environment: often refers to the macro environment, includes the total environment outside the firm, the total societal context in which the organization resides. View of the environment by fahey and narayanan: 4 segments: social, political, economic and technological.

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Related Questions

The term business ethics is best described by the following statement:
Ā 
a. It is the study and philosophy of human conduct, with an emphasis on determining right and wrong.Ā 
b. It is an "inquiry into the nature and grounds of morality where the term morality is taken to mean moral judgments, standards, and rules of conduct."
c. It is the "study of the general nature of morals and of specific moral choicesĶ¾ moral philosophyĶ¾ and the rules or standards governing the conduct of the members of a profession."
d. It is an organization's obligation to maximize its positive effects and minimize its negative effects on stakeholders.
e. It comprises the principles, values, and standards that guide behavior in the world of business

(a) What do you think about corporate social responsibility (CSR)? Make sure to clarify the role of institutions in society as part of your answer.

(b) What do you think is the proper role of organizations towards the environment? Make sure to address the potential financial incentives or sustainability (minimizing or eliminating waste).

Organizations around the globe are now being asked to take some responsibility for how their business operations impact their local communities, society as a whole, and the environment. Do you agree or disagree with them being asked to do this? Why or why not? Also, describe one example of an organization that has taken steps to do this.