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
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