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| Fedral legislation designed to deter and punish corporate and accounting fraud and corruption and to protect the interests of workers and shareholders through enhanced financial disclosures, criminal penalties on CEOs and CFOs who defraud investors, safeguards for whistle-blowers, and establishment of a new regulartory body for public accounting firms. |
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| Standards of conduct and moral values involving right and wrong actions arising in the work environment. |
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| Situation iin which and employee must make a decision about a business's welfare versus personal gain. |
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| Employee's disclosure to company officials, government authorities, or the media of illegal, immoral, or unethical practices committed by an organization. |
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| Formal statement that defines how the organization expects employees to resolve ethical issues. |
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| Business's Consideration of society's well-being and consumer satisfaction, in addition to profits. |
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| Reprocessing of used materials for reuse. |
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| Act of an organixation giving something back to the communities in which it earns profits. |
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| Public demand that a business consider the watns and needs of its customers in making decisions. |
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1) Conflict of Interest 2) Whistle-blowing 3) Honesty and Integrity 4) Loyalty Versus Truth |
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Term
Structure of an Ethical Environment |
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Definition
1) Ethical (A)wareness 2) Ethical (R)easoning 3) Ethical (A)ction 4) Ethical (L)eadership |
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| Business's Social Responsibilities |
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Definition
1) (G)eneral Public 2) (C)ustomers 3) (E)mployees 4) (I)nvestors and Memembers of the Finacial Community |
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| Formal procedures that identify and evaluate all company activities that relate to scial issues such as conservation, employment practices, environmental protecment, and philanthropy. |
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| A marketing strategy that promotes environmentally safe products and production methods. |
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Definition
1) Right to be Heard 2) Right to be Safe 3) Right to Choose 4) Right to be Informed |
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Definition
Responsibility of manufacturers for injuries and damages caused by their disastrous consequences for their makers. |
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| Stages of Moral and Ethical Development |
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Definition
1) PreConventional- his/her interest 2) Conventional- interest of the group 3) PostConventional- interest in society |
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