ethics correct answers a set of values that define right and wrong
values correct answers principles or standards that a person finds desirable
T/F: Leaders' ethics are shown through the ethics of an organization correct answers True
T/F: When choosing the company or business we work for, ...
MGT 371 Exam 3 || WITH A+ GRADED SOLUTIONS!!
ethics correct answers a set of values that define right and wrong
values correct answers principles or standards that a person finds desirable
T/F: Leaders' ethics are shown through the ethics of an organization correct answers True
T/F: When choosing the company or business we work for, it is important to make sure there
is a match between our personal values and the values of the organization. correct answers
True
Sources of personal ethics correct answers religion
culture
media
models
attitudes
experiences
Ways to rationalize unethical decisions correct answers "Everyone does it."
"If it isn't illegal, then it's ethical."
"Tit for tat."
"A king's pass."
values statements correct answers the guiding principles of the organization - those things
that the organization finds important
Components of value statements correct answers actionable
reinforced
feedback
visibility
code of conduct correct answers a guideline for dealing with ethics in an organization
Guidelines to writing a code of ethics correct answers Set priorities.
Get input.
Don't be too vague or too specific.
Put someone in charge of it.
Be aware of the effects of intrinsic and extrinsic rewards.
whistleblower correct answers someone who informs law enforcement of ethical or illegal
violations
types of ethical codes in organizations correct answers ethics of the community
professional codes of ethics
personal codes of ethics
standards of the profession
best interests of the organization
---
all overlap like a Venn diagram
, Tools in making ethical decisions correct answers Twelve Questions Model
Josephson Institute Model
Steps to ethical decision making model
Philosopher's approach
Josephson Institute of Ethics Model correct answers Uses a model that focuses on seven steps
to ethical decision making. The steps consist of stop and think, clarify goals, determine facts,
develop options, consider consequences, choose, and monitor/modify.
Philosopher's Approach correct answers utilitarian approach
rights approach
common good approach
virtue approach
utilitarian approach correct answers A source of ethical standards that says when choosing
one ethical action over another, we should select the one that does the most good and least
harm.
rights approach correct answers A source of ethical standards that says we look at how our
actions will affect the rights of those around us.
common good approach correct answers A source of ethical standards that says when making
ethical decisions, we should try to benefit the community as a whole.
virtue approach correct answers A source of ethical standards that looks at desirable qualities
and says we should act to obtain our highest potential.
Imperfections in these approaches correct answers 1. Not everyone will necessarily agree on
what is harmful versus good.
2. Not everyone agrees on the same set of human rights.
3. We may night agree on what a common good means.
social responsibility correct answers the duty of business to do no harm to society
Areas of social responsibility correct answers economic aspects
legal aspects
ethical aspects
philanthropic aspects
creating shared value (CSV) correct answers The premise that companies and the community
are tied closely together, and if one benefits, they both benefit.
individual social responsibility (ISR) correct answers an individual's awareness of how
personal actions affect the community
What does ISR involve? correct answers Performing charitable acts.
Working for the community.
Supporting issues that affect society.
Observing individual ethics.
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