PHIL 2600 Chapter Notes - Chapter 5: Labor Rights, Free Moral Agents, Continual Improvement Process
Document Summary
The direct attempt to formally or informally manage ethical issues or problems through specific policies, practices, and program. Covers a whole range of different elements, each of which may be applied individually, or in combination, to address ethical issues in business. General statements of corporate aims, beliefs, and values. Have increasingly included social, ethical and environmental goals of one kind or another. Also called codes of conduct or ethics policies. Explicit outlines of what type of conduct is desired and expected of employees from an ethical point of view within a certain organization, profession or industry. The most widespread approach to managing business ethics. Gathering information on ethical matters is clearly an important input into effective management. Providing employees with appropriate channels for reporting or receiving ethical dilemmas can also be a vital means of identifying potential problems and resolving them before they can escalate and/or become public.