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Relevant areas of business law applicable to human recourse management involve (4):
agency law, contracts, employment and labor law, employment discrimination
hierarchy of laws -U.S. Constitution
-Federal Statutes
-State Constitution
-State Statutes
-Common Law
common law collection of legal interpretations made by judges, and are law unless revoked
by new statutory law
stare decisis when courts rely on precedent, they are obeying this principle.
rulings made by higher courts become binding precedent for lower courts
natural law describes certain ethical laws and principles believed to be morally right and
above the laws devised by human
legal positivism must abide by duly authorized law; law is distinct from morality
historical school following tradition or custom to shape the law. closely linked with stare
decisis
Legal realism judges should consider more than just the law; they should consider factors
such as social and economic conditions
, WH framework for business ethics WHO the decision impacts. HOW to make decision;
golden rule, public disclosure test
The basic unit of business ethics values
values positive notions that capture our sense of what is good and desirable. we derive our
ethics from the interplay of this
public disclosure test if the public knew about this decision, how would you decide?
Universalization Test what would the world be like were our decision made by everyone
else?
ethical relativism theory of ethics that denies the existence of objective standards.
individuals must evaluate actions based what they feel is best for themselves
absolutism individuals must defer to a set of rules to guide them through the ethical
decision-making process
Utalitarianism managers should take actions that provide the greatest good after having
subtracted harm associated with the action in question
principle of rights whether a business decision is ethical depends on how the decision
affects all those involved
trial courts courts of original jurisdiction.
have the power to hear and decide cases when first entering the legal system
Update Guaranteed Success
Relevant areas of business law applicable to human recourse management involve (4):
agency law, contracts, employment and labor law, employment discrimination
hierarchy of laws -U.S. Constitution
-Federal Statutes
-State Constitution
-State Statutes
-Common Law
common law collection of legal interpretations made by judges, and are law unless revoked
by new statutory law
stare decisis when courts rely on precedent, they are obeying this principle.
rulings made by higher courts become binding precedent for lower courts
natural law describes certain ethical laws and principles believed to be morally right and
above the laws devised by human
legal positivism must abide by duly authorized law; law is distinct from morality
historical school following tradition or custom to shape the law. closely linked with stare
decisis
Legal realism judges should consider more than just the law; they should consider factors
such as social and economic conditions
, WH framework for business ethics WHO the decision impacts. HOW to make decision;
golden rule, public disclosure test
The basic unit of business ethics values
values positive notions that capture our sense of what is good and desirable. we derive our
ethics from the interplay of this
public disclosure test if the public knew about this decision, how would you decide?
Universalization Test what would the world be like were our decision made by everyone
else?
ethical relativism theory of ethics that denies the existence of objective standards.
individuals must evaluate actions based what they feel is best for themselves
absolutism individuals must defer to a set of rules to guide them through the ethical
decision-making process
Utalitarianism managers should take actions that provide the greatest good after having
subtracted harm associated with the action in question
principle of rights whether a business decision is ethical depends on how the decision
affects all those involved
trial courts courts of original jurisdiction.
have the power to hear and decide cases when first entering the legal system
