Term
| the 4 corporate responsibilities (duties) |
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Definition
1) the duty to inform
2) the duty not to misrepresent or withhold info
3) the duty not to force or take advantage
4) the duty to take "due care" |
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Term
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Definition
1) the right to safety
2) the right to free and rational choice
3) the right to know
4) the right to be heard
5) the right to be compensated |
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Term
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Definition
| means that all parties, including the manufacturer, wholesaler, distributor, and sales professionals, can be held liable if reasonable care is not observed |
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Term
| the doctrine of strict liability |
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Definition
- extension of negligence standard
- product with a known or knowable defect goes to market |
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Term
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Definition
| liable for not warning of product danger even though the danger was unknown at the time |
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Term
| limits on product liability |
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Definition
- people rarely sue
- people rarely win
- juries not like to award punitive damages |
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Term
| causes of environmental pollution |
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Definition
1) consumer affluence
2) materialistic cultural values
3) urbanization
4) population explosion
5) new and uncontrolled technologies
6) industrial activities |
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Term
| ethical leadership styles |
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Definition
1) define and lead the mission of organizations
2) build and sustain accountable relationships with stakeholders
3) negotiate with stakeholders, respect them
4) collaboration and trust
5) awareness and concern for employees and other stakeholders |
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Term
| benefits of strong corporate cultures |
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Definition
1) misconduct cut
2) retaliation eliminated
3) no high risk misconduct
4) provide a compass |
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Term
| corporate self regulation issues |
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Definition
1) ethics codes and codes of conduct
2) ombuds and peer review |
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Term
| problems with ethics codes |
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Definition
1) too vague
2) do not prioritize values
3) not enforced
4) not everyone is informed
5) top level dont show interest
6) dont show gray
7) do not inspire
8) irrelevant across borders |
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Term
| problems with ombuds and peer review |
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Definition
1) managers feel authority is threatened
2) retaliation
3) only as good as ombudperson
4) peer review panel is better |
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Term
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Definition
- rugged individualism
- upward mobility
- american dream |
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Term
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Definition
| - allegiance to law and order, patriotism and faith |
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Term
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Definition
- buy now, pay later
- most powerful
- does not sacrifice personal pleasure |
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Term
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Definition
- baby busters
- low level, entry level jobs
- insecurity |
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Term
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Definition
- Y's dont want to be associated with X's
- ambitious, motivates, impatient and demanding
- big spenders |
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Term
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Definition
- clear rules and guidelines
- trust and optimism
- more positive |
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Term
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Definition
| - cannot be arbitrary, capricious or discriminatory |
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Term
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Definition
| right to have impartial and fair hearing regarding employers; decisions, procedures and rules that affect employees |
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Term
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Definition
- griswold vs. connecticuit
- zone of privacy without intrusion
technology
- allows criminal history checks, credit history inquiries, and access to medical records |
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Term
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Definition
| "if a worker is using a computer in a company office, on office time, privacy is what the employer says it is" |
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Term
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Definition
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Term
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Definition
1) administered only for jobs that have a clear and present potential harm to others
2) previous notice to those being tested
3) notification of results
4) entitled to appeal
5) informed of confidentiality |
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Term
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Definition
| invisible discriminatory barriers |
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Term
| Title VII of the civil Rights Act of 1964 |
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Definition
| makes discrimination on the basis of gender, race, color, religion or national origin illegal |
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Term
| sexual harassment includes the following |
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Definition
1) unwelcome sexual advances
2) coercion
3) indirect harassment
4) physical contact
5) visual harassment |
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Term
| who is liable for sexual harassment |
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Definition
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Term
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Definition
employer could be liable for harassment if it is committed by anyone present in the workplace and if it is brought to the attention of any manager or supervisor.
- employers are also liable for anyone in the workplace |
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Term
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Definition
| the attempt of an employee or former employee of an organization to disclose what he or she believes to be wrongdoing in or by the organization |
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Term
| when should you whistleblow |
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Definition
1) will commit serious harm to public
2) serious threat or harm
3) immediate supervisor does not act
4) documented evidence
5) belief that changes will occur |
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Term
| globalization and forces of change |
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Definition
1) the end of communism opening the closed economies
2) emergence of China and India
3) IT and internet
4) free trade and trading agreements
5) world bank and IMF
6) global terrorism
7) multinational enterprises (MNEs)
8) global poverty and income disparity also multiple
9) demand of social responsibility of corporations
10) shift to service and knowledge economies |
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Term
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Definition
| the belief of the superiority of ones own beliefs |
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Term
| moral and cultural relativism |
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Definition
| theory that there are no universally valid moral principles binding on all people at all times, but rather all are valid relative to culture |
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Term
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Definition
1) Genuine
2) Independent
3) Free
4) Transparent |
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Term
| foreign corrupt practices act |
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Definition
- prohibit the bribery of foreign government officials by US persons
- companies can be fined up to 2 mil (individuals 100k) |
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Term
| the dark side of globalization |
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Definition
1) crime and corruption (trafficking)
2) child slave labor and poverty
3) global digital divide--higher concentration today than 10 years ago (computers)
4) Americanization
5) loss of nation-state sovereignty |
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Term
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Definition
- faster employment growth rates than public sector
- faster expenditure rates
- competitive advantage in certain aspects |
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Term
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Definition
- less disclosure to poorer nations
- creative accounting to avoid taxes
- poor treatment of the locals
- poor treatment of the environment
- apartheid thing |
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Term
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Definition
1)economic dimension
2) environmental dimension
3) social dimension |
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Term
| four styles of international ethical decision making |
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Definition
1) foreign country style
2) empire style
3) interconnection style
4) global style |
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Term
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Definition
| company applies the values and norms of its local host |
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Term
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Definition
| company applies its own domestic views and rules |
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Term
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Definition
shared norms
- blurring of identities |
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Term
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Definition
| company abstracts all local and regional differences and norms, coming up with a more cosmopolitan set of standards for is actions in the host country |
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Term
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Definition
- 6th dimension of public interest
- necessary for future cash flows
- GE is good |
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Term
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Definition
| MBA graduates are taking optional oaths to act ethically and morally in business |
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Term
| UN global compact principles (10) pertain to business |
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Definition
Human rights
1) support and respect international human rights
2) not complicit in human rights abuses
Labour
3) uphold the freedom of collective bargaining
4) elimination of compulsory labour
5) abolition of child labour
6) elimination of discrimination
environment
7) precautionary approach to environmental challenges
8) greater environmental responsibility
9) development of environmentally friendly technologies
anti corruption
10) work against corruption |
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Term
| ethical dimensions of leadership styles |
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Definition
1) manipulator
2) bureaucratic
3) professional manager
4) transforming leader |
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Term
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Definition
amoral leadership
- ends justify the means |
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Term
| bureaucratic administrator |
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Definition
- rule based moral leadership
- fixed rules that explain the purpose
and functions of the organization
- military leaders |
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Term
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Definition
- effectiveness and doing things right
- Peter Drucker
- based on social contract
- groupthink may occur |
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Term
| transforming leadership style |
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Definition
- James Burns
- bases effectiveness on relationships with followers |
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Term
| 6 core values in ethics codes |
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Definition
1) trustworthiness
2) respect
3) responsibility
4) fairness
5) caring
6) citizenship |
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