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Management Test 1
Mid Term 1
41
Business
Undergraduate 2
10/05/2009

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Term

Ethics

 

Definition

Sets Standards of good or bad, or right or wrong, in one's conduct

 

Term
Ethical Behavior
Definition
is "right" or good in the context of governing moral code
Term
Values
Definition
Broad beliefs about what is appropriate
Term
Terminal Values
Definition
preferences about desired end states; goals desired
Term
Instrumental Values
Definition
preferences regarding the means to get to desired ends.
Term
Utilitarian View
Definition
ethical behavior delivers the greatest good to the most people
Term
Individualism View
Definition
Ethical behavior advances long-term self interests
Term
Moral Rights View
Definition
Ethical behavior respects and protects fundamental rights
Term
Justice View
Definition
Ethical behavior treats people impartially and fairly
Term
Procedural Justice
Definition
concerned that policies and rules are fairly applied
Term
Distributive Justice
Definition
concerned that people are treated the same regardless of personal characteristics
Term
Interactional Justice
Definition
the degree to which others are treated with dignity and respect
Term
Cultural Relativism
Definition
suggests that there is no right way to behave; ethical behavior is determined by its cultural context
Term
Universalism
Definition
suggests that ethical standards apply absolutely across all cultures
Term
Ethical Imperialsim
Definition
an attempt to impose one's ethical standards on other cultures
Term
Ethical Dilemma
Definition
a situation that offers potential benefit or gain and is also unethical
Term
Ethics Training
Definition
seeks to help people understand the ethical aspects of decision making and to incorporate high ethical standards into their daily behavior
Term
Whistleblower
Definition
exposes the misdeeds of others in organizations
Term
Code of Ethics
Definition
a formal statement of values and ethical standards
Term
Immoral Manager
Definition
a manager who chooses to behave unethically
Term
Amoral Manager
Definition
fails to consider the ethics of her or his behavior
Term
Moral Manager
Definition
makes ethical behavior a personal goal
Term
Ethics Mindfulness
Definition
the enriched awareness that leads to consistent ethical behavior
Term
Social Responsibility
Definition
the obligation of an organization to serve its own interests and those of society
Term
Organizational Stakeholders
Definition
those directly affected by the behavior of the organization and hold a stake in its performance
Term
Social Responsibility Audit
Definition
assesses an organization's accomplishments in areas of social responsibility
Term
Obstructionist Strategy
Definition
avoids social responsibility and reflects mainly economic priorities
Term
Defensive Strategy
Definition
seeks protection by doing the minimum legally required
Term
Accommodative Strategy
Definition
accepts social responsibility and tries to satisfy economic, legal, and ethical criteria
Term
Proactive Strategy
Definition
meets all the criteria of social responsibility, including discretionary performance
Term
Corporate Governance
Definition
the oversight of top management by a board of directors
Term
Sets Standards of good or bad, or right or wrong, in one's conduc
Definition
Ethics<
Term
is "right" or good in the context of governing moral code
Definition
Ethical Behavior
Term
Broad beliefs about what is appropriate
Definition
Values
Term
preferences about desired end states; goals desired
Definition
Terminal Values
Term
preferences regarding the means to get to desired ends.
Definition
Instrumental Values
Term
ethical behavior delivers the greatest good to the most people
Definition
Utilitarian View
Term
Ethical behavior advances long-term self interests
Definition
Individualism View
Term
Ethical behavior respects and protects fundamental rights
Definition
Moral Rights View
Term
Ethical behavior treats people impartially and fairly
Definition
Justice View
Term
concerned that policies and rules are fairly applied
Definition
Procedural Justice
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