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Chapter 3

Chapter 3

by OneClass10503 , Winter 2011
2 Pages
94 Views

Department
Global Management Studies
Course Code
GMS 200
Professor
Sui Sui
Chapter
3

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Chapter 3
What is ethical behaviour?
Ethicssets standards of good or bad, or right or wrong, in ones conduct
Ethical behaviouris right or good” in the context of a governing morale code
Laws, values, and ethical behaviour
- values – broad beliefs about what is appropriate behaviour; ethical questions extend to personal
values
- Terminal values vs. Instrument al values
* Terminal values – preferences about desired and end states
* Instrumental valuespreferences regarding the means to desired ends
Alternative views of ethics
- four views of ethical behaviour:
1. Utilitarian viewethical behaviour delivers the greatest good to the majority
2. Individualism viewethical behaviour advances long-term self-interests
3. Moral-rights viewethical behavi our respects and protects fundamental rights
4. Justice view (3 types)ethical behaviour treats people impartially and fairly
i) Procedural justiceconcerned that policies and rules are fairly applied
ii) Distributive justiceconcerned that people are treated the same regardless
of personal characterist i cs
iii) Interactional justicedegree to which others are treated with dignity and
respect
Cultural issues in ethical behaviour
- cultural relativismsuggests there is no one right way to behave; ethical behaviour is
determined by its cultural context
- Universalismsuggests ethical standards apply absolutely across all cultures
- Ethical imperialisman attempt to impose ones ethical standards on other cultures
How international businesses can respect core or universal values:
Respect for human dignity
- create culture that values employees, customers, and suppliers
- keep a safe workplace
- produce safe products and services
Respect for basic rights
- protect rights of employees, customers and communities
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Description
Chapter 3 What is ethical behaviour? Ethics sets standards of good or bad, or right or wrong, in ones conduct Ethical behaviour is right or good in the context of a governing morale code Laws, values, and ethical behaviour - values broad beliefs about what is appropriate behaviour; ethical questions extend to personal values - Terminal values vs. Instrumental values * Terminal values preferences about desired and end states * Instrumental values preferences regarding the means to desired ends Alternative views of ethics - four views of ethical behaviour: 1. Utilitarian view ethical behaviour delivers the greatest good to the majority 2. Individualism view ethical behaviour advances long-term self-interests 3. Moral-rights view ethical behaviour respects and protects fundamental rights 4. Justice view (3 types) ethical behaviour treats people impartially and fairly i) Procedural justice concerned tha
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