[SOM 122] - Midterm Exam Guide - Everything you need to know! (20 pages long)

• School: Syracuse University
• Department: School of Management
• Course: SOM 122
• Professor: Geoghegan

Document Summary

Ethics: beliefs about what"s right and wrong or good and bad. Ethical behavior: behavior that conforms to individual beliefs and social norms about what"s right and good. Unethical behavior: behavior that conforms to individual beliefs and social norms about what is defined as wrong and bad. Business ethics: used to refer to ethical or unethical behaviors by employees and managers in their workforce. Individual ethics: ethics are based on individual beliefs and social concepts. Vary from person to person: people develop personal codes of ethics that reflects on a wide range of attitudes and beliefs, ethical and unethical behaviors are partly from the individual and partly from their culture. Individual values and morals: each person"s individual values and morals help create their code of ethics, values and morals are determined by what you set your priorities. Business and managerial ethics: managerial ethics: standards of behavior that guide individual managers in their work.