100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Bus 306 – Ethics Graded A+ $9.99   Add to cart

Exam (elaborations)

Bus 306 – Ethics Graded A+

 1 view  0 purchase
  • Course
  • Bus 306 – Ethics Graded A+
  • Institution
  • Bus 306 – Ethics Graded A+

Bus 306 – Ethics Graded A+ Integrity ️refers to the appropriateness of a corporation's behaviour and its devotion to moral guidelines acceptable to society such as honesty, fairness, and justice Ethics of business ️the rules, standards, codes or principles that provide guidance for mora...

[Show more]

Preview 2 out of 14  pages

  • September 25, 2024
  • 14
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Bus 306 – Ethics Graded A+
  • Bus 306 – Ethics Graded A+
avatar-seller
CertifiedGrades
Bus 306 – Ethics Graded A+
Integrity ✔️refers to the appropriateness of a corporation's behaviour and its devotion to moral
guidelines acceptable to society such as honesty, fairness, and justice



Ethics of business ✔️the rules, standards, codes or principles that provide guidance for morally
appropriate behaviour in management decision making relating to the operation of the business
enterprises' and business' relationship with society



Corporate social responsibility (CSR) ✔️the way a corporation achieves a "balance" among its
economic, social, and environmental responsibilities in its operations so as to address stakeholder
expectations (not just making a profit or providing goods/services)



Sustainable development ✔️ensuring that resources are used in such a way that they will be available
for future generations



Triple-E bottom line (3Es) ✔️the evaluation of a corporation's performance according to a summary of
the 3 Es - economics, environment, and ethical - value the corporation adds or destroys



Triple-P bottom line (3Ps) ✔️the evaluation of a corporation's performance according to the 3Ps -
profits, planet, and people



Ethics of business ✔️rules, standards, codes, or principles that provide guidelines for morally right
behaviour and truthfulness in specific situations



Value judgements ✔️"subjective" evaluations of what is considered important



Moral standards ✔️the means by which individuals judge their actions and the actions of others. It
varies with individuals by culture, country, organization, and time

, Self-interest ethics ✔️individuals or corporations set their own standards for judging the ethical
implications of their actions; that means, only the individual's values and standards are the basis for
actions



Ethics of caring ✔️we should give attention to specific individuals or stakeholders who are
harmed/disadvantaged and their particular circumstances



Utilitarianism ✔️concerned with "happiness". Utilitarian believes the proper course of action is the one
that maximizes the overall "good" of the society



Universal rules ethic ✔️ensures that managers or corporations have the same moral obligations in
morally similar situations (not based on value judgements or self moral standards or self-interest ethics)



Individual rights ethics ✔️it relies on a list of agreed-upon rights for everyone that will be upheld by
everyone and that becomes the basis for deciding what is right, just, or fair



Economic efficiency ethic ✔️it judges the moral implications of a decision by its economic
consequences and provides the moral justification for a market system



Ethics of justice ✔️considers that moral decisions are based on a single value: justice



Procedural justice ✔️this involves the impartial application of rules or procedures



Compensatory justice ✔️stakeholders are compensated appropriately for wrongs or injustices they
have suffered, which can involve providing monetary payments



Retributive justice ✔️This form is concerned with punishing an individual or corporation in a way that
fits the offence but will be just and fair



Distributive justice ✔️There is concern for how all stakeholders are treated. They are treated the same
unless they differ in some relevant way

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller CertifiedGrades. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $9.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

78075 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$9.99
  • (0)
  Add to cart