Management

The code of moral principles and values that governs the behaviors of a person or group with respect to what is right or wrong

• 1. Domain of Codified Law
• 2. Domain of Ethics
• 3. Domain of Free Choice

A situation that arises when all alternative choices or behaviors are deemed undesirable because of potentially negative consequences, making it difficult to distinguish right from wrong

One based on norms and values

• 1. Utilitarian Approach
• 2. Individualism Approach
• 3. Moral-Rights Approach
• 4. Justice Approach

The ethical concept that moral behaviors produce the greatest good for the greatest number

The ethical concept that acts are moral when they promote an individual's best long-term interests

The ethical concept that moral decisions are those that best maintain the rights of those people affected by them

• 1. The right of free consent
• 2. The right of privacy
• 3. The right of freedom of conscience
• 4. The right of free speech
• 5. The right of due process
• 6. The right of life and safety

• The ethical concept that moral decisions must be based on standards of equity, fairness, and impartiality
• 1. Distributive Justice
• 2. Procedural Justice
• 3. Compensatory Justice

The concept that different treatment of people should not be based on arbitrary characteristics. In the case of substantive differences, people should be treated differently in proportion to the differences among them

The concept that rules should be clearly stated and consistently and impartially enforced

The concept that individuals should be compensated for the cost of their injuries by the party responsible and also that individuals should not be held responsible for matters over which they have no control

• 1. Preconventional: Follows rules to avoid punishment
• 2. Conventional: Lives up to expectations of others
• 3. Postconventional: Follows self-chosen principles of justice and right

The obligation of organization managment to make decisions and take actions that will enhance the welfare and interests of society as well as the organization

Any group within or outside the organization that has a stake in the organization's performance

The idea that large corporations can both alleviate social problems and make a profit by selling goods and services to the world's poorest people

Economic development that generates wealth and meets the needs of the current population while preserving the environment for the needs of future generations

• 1. Discretionary: Contribute to the community; be a good corporate citizen
• 2. Ethical Responsibility: Be ethical, do what is right, avoid harm
• 3. Legal Responsibility: Obey the law
• 4. Economic Responsibility: Be profitable

Required activities that concern financial well-being of the organization and the legal and moral decisions

Organizational responsibility that is voluntary and guided by the organization's desire to make social contributions not mandated by economics, law, or ethics

Providing strategy and being a role model for the organization to make legal and moral choices and to be a good citizen of the community

A formal statement of the organization's values regarding ethics and social issues

A group of executives assigned to oversee an organization's ethics by ruling on questionable issues and disciplining violators

A company executive who oversees ethics and legal compliance

Training programs to help employees deal with ethical questions and values

The disclosure by an employee of illegal, immoral, or illegitimate practices by and organization