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D072 Exam 6 Questions With Correct Answers!!

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D072 Exam 6 Questions With Correct Answers!!

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D072 Exam 6 Questions With Correct Answers!!
ethics

branch of philosophy concerned with the meaning of all aspects of human behavior/principles
that serve as a compass about how to behave

legal

an act that is allowed or is in conformity with the law of the land

legal-ethical

when the law and personal or organizational ethics are in accordance with each other

legal-unethical

dilemma in which established laws are not in accordance or do not uphold the ethical choice

values

stable life goals that people have that reflect what is most important to them

morals

rules people develop as a result of cultural norms and values and are traditionally passed down
through generations and characterize a cultural groups

organizational ethics

rules, principles, and standards for deciding what is morally right or wrong when doing business;
conflict resolution practice in alignment with with a companys mission and ethical standards

Four Main Levels in Ethical Issues

societal
stakeholder
internal policy
personal

societal issues

,issues relating to the world as whole, involvement happens because of the ethics the organization
creates out of care and concern for individuals

stakeholder issues

concern policies that affect it's customers, employees, suppliers, and people within the
community

internal policy issues

concerns internal relationships between a company and it's employees ex) fairness in
management, pay, and employee participation

personal issues

concerns how people treat others in their organization Ex) gossiping at work or taking credit for
others work

personal ethics

refers to principals that guide a person's behavior in everyday life. They determine what is right,
wrong, just, good, and bad regarding a person's interaction with other

Ethical tone is set by?

leadership

Lack of ethics leads to?

problems

Corporate Social Responsibility (CSR)

philosophy in which a company voluntarily engages in actions that benefit society, be it
economically, socially, politically, or environmentally

stakeholders

those who have a stake in the performance and output of an organization such as employees,
unions, investors, suppliers, consumers, local/national governments, and communities

World Trade Organization (WTO)

, international organization tasked with promoting global trade regulations and helping promote
ethical behavior among members

code of ethics

a guide that publicly sets out an organizations key values and ethical obligations

greenwashing

when organization carries out CSR missions in an unauthentic way, using them to increase
publicity rather than to spur real change

internal transparency

degree to which an organization operates with openness, communication, and accountability

Sarbanes-Oxley Act of 2002

law aimed at improving corporate transparency by requiring clear reporting practices; OX
protects whistleblowers

whistleblower

those who tell the public or the authorities about alleged misconduct occurring in a government
department, private company, or organization

organizational culture

refers to a system of shared assumptions, values, and beliefs that shows employees appropriate
and inappropriate behavior
ex) employer should not use profanity to employees

expressing concern about aggression with an event to another employee is what?

personal ethics because of right and right; just/unjust

Marketing

"face" of a company
customer and market research, Target Market ID (ID's potential target audience, branding,
advertising

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