BU111 Chapter 4: Chapter 4 - Social Environment
19
BU111 Full Course Notes
Verified Note
19 documents
Document Summary
Individual ethics: ethics are based on individual beliefs and social concepts regarding what is right and wrong or good and bad vary; we are influenced by peers and as experiences shape our lives. In dealing with such agents, there is ethical ambiguity in every activity advertising, financial disclosure, bargaining and negotiation, etc. Assessing ethical behaviour: gather relevant factual information, analyze situation: determine the most appropriate moral values. Utilitarian approach: generates the most good for most people. Fairness/justice approach: equitable distribution of burdens and awards. Caring approach: consistent with people"s responsibilities to each other. If no on all 4 criteria, the act/policy is unethical. Is there any reason why one may have been forced into committing an act/following a policy: make judgment: based on the rightness or wrongness of the proposed activity or policy. Hiring criteria, managerial role modeling, mission statement, code of conduct ethics booklets and training, goals and evaluation criteria, rewards systems, employee protection mechanisms.
