BMGT 110 Chapter Notes - Chapter 4: Carbon Footprint, Regulation Fair Disclosure, Corporate Social Responsibility

• School: University of Maryland
• Department: Business and Management
• Course: BMGT 110
• Professor: All

Document Summary

Chapter 4: demanding ethical and socially responsible behavior. New laws make records transparent, make people accountable for acions. Problems when people only think w/in law and not w/in ethics. ~many americans lack moral absolutes, situaional +based on individual. Even w/ many diverse cultures in us can ind common statements & golden rule. Plagiarizing from internet is most common form of cheaing. Correlaion b/w academic dishonesty and dishonesty at work. ~hoe will is make me feel about myself. People learn standards from observing other more than hearing them. Organizaional ethics starts at top insill corporate value in employees. Ethics is related to management needed implied/direct cooperaion of others. Overly ambiious goals/incenives create environment for unethical acions to occur. Integrity-based deine org guiding values, environment support ethical, stress shared. Enforce code w/ ethics oicers, show stakeholders ethics are important to company. Corporate social responsibility (csr)=concern businesses have for welfare of the society.