Management
Ethics and Responsibility
Ch. 3
1. Ethics
↳ Laws and valued as influences on ethical behavior
↳ Alternate views of ethics
↳ Cultural issues and ethical behavior
2. Ethics in the Workplace
↳ Ethical dilemmas
↳ Influences on ethical decision making
↳ Rationalizations for unethical behavior
3. Maintaining High Ethical Standards
↳ Moral management
↳ Ethics training
↳ Codes of ethical conduct
↳ Whistleblower protection
4. Social Responsibility
↳ Social responsibility, sustainability, and the triple bottom line
↳ Perspectives on corporate social responsibility
↳ Evaluating corporate social performance
↳ Corporate governance
Ethics
Ethics - Moral code of principles
↳ Sets standards of “good” or “bad” or “right” or “wrong” in one's conduct
Ethical behavior - What is accepted as good and right in the context of the
governing moral code
Laws and values as influences on ethical behavior:
↳ Legal behavior is not necessarily ethical behavior
↳ Personal values help determine individual ethical behavior
Values - Underlying beliefs and attitudes that help influence individual behavior
↳ Terminal values - Preferences about desired ends
↳ Instrumental values - Preferences regarding the means to desired ends
, Four views of ethical behavior
Four alternative ethical views
1. Utilitarian - Delivers the greatest good to the most people
2. Individualism - Advances long-term self-interests
3. Moral rights - Respects and protects the fundamental rights of all people
4. Justice - Fair and impartial treatment of people according to legal rules and
standards
↳ Procedural justice - Policies and rules fairly applies
↳ Distributive justice - Fair distribution of outcomes
↳ Interactional justice - People treated with dignity and respect
↳ Commutative justice - Fairness to all involved
Cultural issues in ethical behavior
Cultural relativism - Ethical behavior is always determined by cultural context
Moral absolutism - Behavior unacceptable in one's home environment should not be
acceptable anywhere else
Ethical imperialism - Imposing one's ethical standards on others
Ethics in the Workplace
Ethical dilemmas - Occurs when choices, although having potential for personal
and/or organizational benefit, may be considered unethical
↳ Discrimination
↳ Sexual harassment
↳ Conflicts of interest
↳ Product safety
↳ Use of organizational resources
Ethics and Responsibility
Ch. 3
1. Ethics
↳ Laws and valued as influences on ethical behavior
↳ Alternate views of ethics
↳ Cultural issues and ethical behavior
2. Ethics in the Workplace
↳ Ethical dilemmas
↳ Influences on ethical decision making
↳ Rationalizations for unethical behavior
3. Maintaining High Ethical Standards
↳ Moral management
↳ Ethics training
↳ Codes of ethical conduct
↳ Whistleblower protection
4. Social Responsibility
↳ Social responsibility, sustainability, and the triple bottom line
↳ Perspectives on corporate social responsibility
↳ Evaluating corporate social performance
↳ Corporate governance
Ethics
Ethics - Moral code of principles
↳ Sets standards of “good” or “bad” or “right” or “wrong” in one's conduct
Ethical behavior - What is accepted as good and right in the context of the
governing moral code
Laws and values as influences on ethical behavior:
↳ Legal behavior is not necessarily ethical behavior
↳ Personal values help determine individual ethical behavior
Values - Underlying beliefs and attitudes that help influence individual behavior
↳ Terminal values - Preferences about desired ends
↳ Instrumental values - Preferences regarding the means to desired ends
, Four views of ethical behavior
Four alternative ethical views
1. Utilitarian - Delivers the greatest good to the most people
2. Individualism - Advances long-term self-interests
3. Moral rights - Respects and protects the fundamental rights of all people
4. Justice - Fair and impartial treatment of people according to legal rules and
standards
↳ Procedural justice - Policies and rules fairly applies
↳ Distributive justice - Fair distribution of outcomes
↳ Interactional justice - People treated with dignity and respect
↳ Commutative justice - Fairness to all involved
Cultural issues in ethical behavior
Cultural relativism - Ethical behavior is always determined by cultural context
Moral absolutism - Behavior unacceptable in one's home environment should not be
acceptable anywhere else
Ethical imperialism - Imposing one's ethical standards on others
Ethics in the Workplace
Ethical dilemmas - Occurs when choices, although having potential for personal
and/or organizational benefit, may be considered unethical
↳ Discrimination
↳ Sexual harassment
↳ Conflicts of interest
↳ Product safety
↳ Use of organizational resources
