* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
Download ETHICS AND SOCIAL RESPONSIBILITY
Aristotelian ethics wikipedia , lookup
Kantian ethics wikipedia , lookup
Bernard Williams wikipedia , lookup
J. Baird Callicott wikipedia , lookup
Utilitarianism wikipedia , lookup
Cosmopolitanism wikipedia , lookup
Individualism wikipedia , lookup
Paleoconservatism wikipedia , lookup
Alasdair MacIntyre wikipedia , lookup
Sexual ethics wikipedia , lookup
Lawrence Kohlberg's stages of moral development wikipedia , lookup
Morality throughout the Life Span wikipedia , lookup
Consequentialism wikipedia , lookup
Moral development wikipedia , lookup
Clare Palmer wikipedia , lookup
Moral relativism wikipedia , lookup
Ethical intuitionism wikipedia , lookup
Accounting ethics wikipedia , lookup
Arthur Schafer wikipedia , lookup
Compliance and ethics program wikipedia , lookup
Morality and religion wikipedia , lookup
Moral disengagement wikipedia , lookup
Organizational technoethics wikipedia , lookup
Medical ethics wikipedia , lookup
Secular morality wikipedia , lookup
Jewish ethics wikipedia , lookup
Moral responsibility wikipedia , lookup
Business ethics wikipedia , lookup
ETHICS AND SOCIAL RESPONSIBILITY Ethics - the moral principles and values that govern the actions and decisions of an individual or group. Ethics are different from laws. Laws - society’s standards and values that are enforceable in court. Three factors typically influence a business person’s ethical decisions: 1. Societal Culture 2. Business Culture 3. Corporate Culture SOCIETAL CULTURE - values, ideas and attitudes that are learned and shared among members of a group. BUSINESS CULTURE - codes of conduct expected in business dealings in a particular industry. Prior to 1960 business people believed in the concept of caveat emptor - let the buyer beware. In 1962 the consumer bill of rights was passed which codified the “ethics of exchange” between buyers and sellers, including the consumer’s right to safety, to be informed, to choose and to be heard. CORPORATE CULTURE - shared values, beliefs and purpose of employees that affect individual and group behavior in a single organization. Often these standards are formalized in a Mission Statement or in a Code of Ethics. Code of Ethics - a formal statement of ethical principles and rules of conduct. Employees who report the unethical or illegal actions of their employers are called Whistle-blowers. MORAL PHILOSOPHIES 1. Moral Idealism 2. Utilitarianism Moral Idealism - considers certain individual rights or duties as universal, regardless of the outcome. Utilitarianism - focuses on the greatest good for the greatest number of people, assesses the costs and benefits of behavior. Concepts: Social Responsibility - the idea that organizations are part of a larger society and are accountable to that society for their actions. Green Marketing - marketing efforts to produce, promote and reclaim environmentally sensitive products. Cause Marketing - tying the charitable contributions of a firm directly to the sales produced through the promotion of one of its products.