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Chapter 4

BUS 223 Chapter Notes - Chapter 4: Social Class, Whistleblower


Department
Business
Course Code
BUS 223
Professor
Haskovon Kriegstein
Chapter
4

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Chapter 4
Sunday, October 15, 2017
6:26 PM
Definitions
Culture: A shared pattern of believes, expectations, and meanings that influences and guides the
thinking and behaviors of the members of a particular group.
Compliance-based culture: a corporate culture in which obedience to laws and regulations is the
prevailing model for ethical behavior.
Values-based culture: A corporate culture in which conformity to a statement of values and
principles rather than simple obedience to laws and regulations is the prevailing model for ethical
behavior.
Ethics officers: Individuals within an organization charged with managerial oversight of ethical
compliance and enforcement within the organization.
Code of conduct: A set of behavioral guidelines and expectations that govern all members of a
business firm.
Mission statement: A formal summary statement that describes the goals, values, and
institutional aim of an organization.
Whistleblowing: A practice in which an individual within an organization reports organizational
wrongdoing to the public or to others in position of authority.
Chapter Summary
This chapter examines the ways in which corporations develop ethical cultures.
What do we mean by corporate culture? Every organization has a culture fashioned by a shared
pattern of beliefs, expectations, and meanings that influences and guides to thinking and
behaviors of the members of that organization.
If culture involve a shared pattern of beliefs, expectations, and meetings, then we will find it at
different levels including:
o Religious, ethnic, linguistic affiliation
o Generation
o Gender
o Social class
o Organization/ corporate
o Family
In the 1990s, a distinction came to be recognized in types of corporate culture: some firms were
classified as compliance-based cultures (the traditional approach) while others were considered
to be in integrity-based or values-based cultures
A compliance based culture emphasizes obedience to the rules as the primary responsibility of
ethics. A compliance based culture will empower legal counsel and audit offices to mandates and
to monitor compliance with the law ad with internal codes.
A values based culture is one that reinforces a particular set of values rather than a particular set
of rules. Certainly, these firms may have codes of conduct; but those codes are predicated on a
statement a values and it is presumed that the code includes mere examples of the values'
application.
The argument in favor of a values based culture is not a compliance culture is only as strong and
as precise as the rules with which workers are expected to comply. A firm can have only a certain
number of rules and the rules can never unambiguously applied to every conceivable situation. A
find more resources at oneclass.com
find more resources at oneclass.com
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