BU398 Chapter Notes - Chapter 9 part 2: Whistleblower, Global Justice, Taschen
Document Summary
Chapter 9 organizational culture and ethical values. Ethics: code of moral principles and values that governs the behaviours of a person/group w respect to what is right or wrong. I(cid:374)di(cid:448)idual (cid:373)a(cid:374)ager"s (cid:448)alues (cid:272)a(cid:374) (cid:271)e shaped (cid:271)(cid:455) their (cid:271)a(cid:272)kgrou(cid:374)d a(cid:374)d e(cid:454)perie(cid:374)(cid:272)es. Ethical values set standards as to what is good/bad in conduct and decision making. Laws and unwritten societal norms and values, shape the local environment within which each individual acts. Individuals absorb beliefs and values of family, community, culture etc. Ethical standards apply to behaviors not covered by law: managerial ethics: principles that guide that decisions and behaviors of managers w regard to whether they are write or wrong. Social responsibility: refers to (cid:373)gt"s o(cid:271)ligatio(cid:374) to (cid:373)ake (cid:272)hoi(cid:272)es a(cid:374)d take a(cid:272)tio(cid:374) so that the org (cid:272)ontributes to welfare and interests of all org stakeholders. Ethical dilemma: arises in a situation concerning right and wrong in which values are in conflict.
