mgmt test #2 section #4

• 1. understand all moral standards and recognize all moral impacts (benefit some, harm others)
• 2. define moral problem
• 3. define economic outcomes (regal requirements/evaluate ethical duties)
• 4. propose convincing moral solution (awareness, judgement, character)

realizing the issue has ethical implications

knowing what actions are morally defensible

the strength and persistence to act in accordance with your ethics despite the challenge

produce goods and services that society wants as price that perpetuates the business and satisfies its obligations to investors

obey local, state, federal and relevant international laws

include meeting other societal expectations not written as law

additional behaviors and activities that society finds desirable and that the values of the business support

feeling your decisions as potential victims might feel them

learning how to give as well as take

viewing success not merely as personal gain but common victory

thinking not just in terms of "don'ts' but also positive contributions

speaking out against unethical situations

profit maximization versus the social good

integration of social responsibility with corporate strategy

contracting with an outside provider to product one or more of an organization's goods and services

moving work to other countries