Which ethical system defines acceptable behavior as that which maximizes benefits for the individual quizlet?
Excessive emphasis on short-term revenues over longer-term considerations Show
Failure to establish a written code of ethics Desire for simple, "quick fix" solutions to ethical problems Unwillingness to take an ethical stand that may impose financial costs Consideration of ethics solely as a legal issue or a public relations tool Lack of clear procedures for handling ethical problems Responsiveness to the demands of shareholders at the expense of other constituencies Scheduled maintenance: Saturday, September 10 from 11PM to 12AM PDT
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Terms in this set (53)Ethics The system of rules that governs the ordering of values. ethical issue Situation, problem, or opportunity in which an individual must choose among several actions that must be evaluated as morally right or wrong. business ethics The moral principles and standards that guide behavior in the world of business. moral philosophy Principles, rules, and values people use in deciding what is right and wrong . universalism The ethical system stating that all people should uphold certain values that society needs to function. Caux Principles Ethical Principles established by international executives based in Caux, Switzerland, in collaboration with business leaders from Japan, Europe, and the United States. Egoism An ethical system defining acceptable behavior as that which maximizes consequences for the individual Utilitarianism An ethical system stating that the greatest good for the greatest number should be overriding concern of decision makers. Relativism Philosophy that bases ethical behavior on the opinions and behaviors of relevant other people. Virtue Ethics Classification of people based on their level of moral judgement. Kohlberg's Model of Cognitive Moral Development Perspective that what is moral comes from what a mature person with "good" moral character would deem right Sarbanes-Oxley Act An act passed into law by Congress in 2002 to establish strict accounting and reporting rules to make senior managers more accountable and to improve and maintain investor confidence. Ethical Climate In an organization, the processes by which decisions are evaluated and made on the basis of right and wrong. Ethical Leadership One who is both a moral person and a moral manager influencing others to behave ethically. Compliance-Based Ethics Company Mechanisms typically designed by corporate counsel to prevent, detect, and punish legal violations Integrity-Based Ethics Programs Company mechanisms designed to instill in people a personal responsibility for ethical behavior Corporate Social Responsibility (CSR) Obligation toward society assumed by business Triple Bottom Line Economic, social, and environmental performance. Economic Responsibilities To produce goods and services that society wants at a price that perpetuates the business and satisfies its obligations to investors Legal Responsibilities To obey local, states, federal, and relevant international laws Ethical Responsibilities Meeting other social expectations, not written as law. Philanthropic Responsibilities Additional behaviors and activities that society finds desirable and that the values of business support. Transcendant Education An education with five higher goals that balance self-interest with responsibility to others Ecocentric Management Its goal is the creation of sustainable economic development and improvement of quality of life worldwide for all organizational stakeholders Sustainable Growth Economic Growth and development that meet present needs without harming the needs of future generations Life-Cycle Analysis (LCA) A process of analyzing all inputs and outputs, through the entire cradle-to-grave life of a product, to determine total environmental impact. Carbon Footprint The output of carbon dioxide and other greenhouse gases Kyosei Living and working together for a common good, allowing cooperation and mutual prosperity to coexist with healthy and fair competition Human Dignity Concerns the value of each person as an end, not as a means to the fulfillment of other's purposes Which ethical system bases ethical behavior on the opinions and behaviors of relevant other people? A. Egoism C. Relativism Making Ethical Decisions takes: Moral Awareness
Moral Awareness Realizing the issue has ethical implications Moral judgement Knowing what actions are morally defensible Moral Character The strength and persistence to act in accordance with your ethics despite challenges Integrity Based Ethics Programs Company mechanisms designed to instill in people a personal responsibility for ethical behavior Self Governance Guiding Principles Employees embrace the guiding principles Companies that use misleading marketing claims about the green attributes of their products are most likely to be accused of _____. A) green marketing B) greewashing Excessive production of hazards and ecologically unsustainable consumption of natural resources are considered: A) fundamental sources of risk in modern society The Caux Principles are most closely associated with which of the following ethical systems? A) Universalism Which of the following best describes a moral philosophy that bases ethical behavior on the opinions and behaviors of relevant other people? A) Relativism Philanthropic Responsibility Do what is desired by global
stakeholders Ethical Responsibility Be ethical Pyramid of Global Corporate Social Responsibility and Performance Philanthropic responsibility Legal Responsibility Do what is required by global stakeholders Economic Responsibility Do what is required by global capitalism In Kohlberg's model of cognitive moral development, people who see beyond authority, laws, and norms and follow their self-chosen ethical
principles are categorized under the _____ stage. B) principled Preconventional Stage Make decisions based ob rewards and punishments and immediate self interest Conventional Stage Conform to the expectations of ethical Behavior held by groups or institutions such as society, family, or peers Principled Stage See beyond authority, laws, and norms and follow their self-chosen ethical principles Which of the following is most likely to be a danger sign of unethical behavior by employees? D) Consideration of ethics solely as a legal issue or a public relations tool In an ideal ethical
decision making process, which of the following is most likely to be the first step? B) Understand all moral standards Steps of making an ethical decision 1. Understand all
moral standards or Recognize all moral impacts Whistleblowing refers to: E) telling others, inside or outside the organization, of wrongdoing. In the pyramid of global corporate social responsibility and performance, doing what is required by global capitalism forms the base and is known as _____ responsibility. D) economic Sets with similar termsmgmt and org behavior chapter 544 terms john_keophine Module 14 Ch5 - Ethics and Corporate Responsibility26 terms ihebert1 Principles of Management (Exam 2) Ch. 3-640 terms shyshy22 MGMT 3140 Ch560 terms katherine_parks79 Other sets by this creatorMGMT 328082 terms koriley1 Financial management7 terms koriley1 Operations Chapter 182 terms koriley1 MGMT 3140 chapter 1331 terms koriley1 Other Quizlet setsMGMT ch. 325 terms katiepeters Principles of Management ch. 528 terms tlscism Management - Chapter 521 terms RojoBoullosa Management- Vocab Chp. 421 terms quizlette64142 Related questionsQUESTION How does the human rights act directly apply to challenging behaviour? 2 answers QUESTION What factors affect human behaviour towards animals? 6 answers QUESTION According to Kant, a good will is a will motivated to perform an action because...? 15 answers QUESTION When should social workers make reasonable efforts to ensure continuity of services? 9 answers Which ethical system defines acceptable behavior as that which maximizes benefits for the individual?According to egoism, acceptable behavior is that which maximizes benefits for the individual. According to its proponents, if everyone follows this system, the well-being of society as a whole should increase.
Which ethical model typically advocate seeking the greatest good for the greatest number of people?Utilitarianism promotes "the greatest amount of good for the greatest number of people." When used in a sociopolitical construct, utilitarian ethics aims for the betterment of society as a whole. Utilitarianism is a reason-based approach to determining right and wrong, but it has limitations.
Which ethical system defines ethical behavior according to how others behave?Relativism defines ethical behavior based on the opinions and behaviors of relevant other people.
Is the ethical system stating that the greatest good for the greatest number should be the overriding concern of decision makers?Utilitarianism is centered around the idea that: E. the greatest good for the greatest number should be the overriding concern of decision makers.
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