MGT 4334 Study Guide - Midterm Guide: Golden Rule, Categorical Imperative, Relativism
Document Summary
Interactions between firms, politics, and government: technological: changes in technological advancements taking. External stakeholders: such as government, consumers, the natural environment, community members. Internal stakeholders: such as employees, those involved in corporate governance, and others. An approach devoid of ethical principles and an active opposition to what is ethical. The operating strategy of immoral management is focused on exploiting opportunities for corporate or personal gain: moral management - Conforms to highest standards of ethical behavior or professional standards of conduct: amoral management . Different in nature from the others, it has two kinds: Intentional: does not consider ethical factors: unintentional: casual or careless about ethical factors. Justice: fair treatment and due reward in accordance with ethics or legal standards. Virtue ethics: characteristics that make you a good person . Golden rule: treat others the way you want to be treated.
