ADMS 3660 Study Guide - Midterm Guide: Corporate Social Responsibility, Egotism, Moral Responsibility
6 Jan 2017
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Business ethics = a specialized study of moral right or wrong. It concentrates on moral standards as they apply to business policies, institutions, and behavior. Csr = specifically to a description and moral evaluation of the impact that an organization has on society. ^those wrongful acts which he/she performed (or wrongly omitted) and for those injurious effects he/she brought about (or wrongly failed to prevent) when this was done knowingly and freely. ^(i) uncertainty; (ii) difficulty; (iii) degree of involvement; (iv) non-seriousness of the wrong. Stage 3 - look for approval from family, friends. Stage 4 - adherence to law and order. Stage 6 - concern for universal ethical principles. Citizenship (honesty, integrity, transparency, promise-keeping, loyalty) (cid:523)accountable for actions, accept fault, apologize, don(cid:495)t blame others) (avoid unnecessary harm, do good when little cost to oneself, sensitive to (obey laws, assist community, protect environment)
