MGMT-201 Chapter Notes - Chapter 4: Relativism
17 Jan 2016
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Document Summary
Application of general ethical ideas to business behavior. These experiences create a concept of ethics, morality and socially acceptable behavior. Meaning of ethics change with time, place, circumstance and who"s involved. Unethical competitors and employees have something to exploit. Managers are key to whether a company is acting ethically. Values of managers will serve as model for others. Younger generation of managers are more concerned about ethics. Differences in ethical stances of u. s. and european managers. Opponents point to the myriad of implementation issues. Which religions should be promoted; need for recognizing diversity. Stage 1: punishment avoidance, obedience - ego-centered reasoning. Stage 4: society, customs, laws - society-law-centered reasoning. Stage 5: moral belief above social custom - principle-centered reasoning. Stage 6: universal principles, justice, fairness - principle-centered reasoning. Most managers decide based on criteria in levels 3 and 4. Need for a set of decision guidelines that shape thinking. Help identify and analyze the nature of the problem.
