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Definition
| The moral principles and standards that guide behavior in the world of business. |
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| Ethical principles established by international executives based in Caux, Switzerland, in collaboration with business leaders from Japan, Europe, and united States. |
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| Compliance-based ethics programs |
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| Company mechanisms typically designed by corporate counsel to prevent, detect, and punish legal violations. |
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| Corporate social responsibility |
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Definition
| Obligation toward society assumed by business. |
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Definition
| its goal is the creation of sustainable economic development and imporvement of quality of life worldwide for all organizational stakeholders. |
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| Economic responsibilities |
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Definition
| to produce goods and services that society wants at a price that perpetuates the business and satisfies its obligations to investions. |
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| An ethical system defining acceptable behavior as that which maximizes consequences for the individual. |
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Definition
| In an organization, the processes by which decisions are evaluated and made on the basis of right and wrong. |
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| Situation, problem, or opportunity in which an individual must choose among several actions that must be evaluated as morally roght or wrong. |
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| One who is both a moral person ans a moral manager influencing others to bahave ethically. |
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| meeting other social expectations, not written as law. |
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Definition
| The system of rules that governs the ordering of values. |
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| integrity-based ethics programs |
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Definition
| Company mechanisms designed to instill in people a personal responsibility for ethical behavior. |
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Term
| Kohlberg's model of cognitive moral development, |
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Definition
| Classification of people based on their level of moral judgment. |
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Definition
| To obey local, state, federal, and relevant international laws. |
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Term
| Life-cycle analysis (LCA) |
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Definition
| A process of analyzing all inputs and outputs, though the entire "cradle-to-grave" life of a product, to determine total enviromnental impact. |
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Definition
| Principles, rules, and values people use in deciding what is right or wrong |
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| Philanthropic responsibilities |
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Definition
| Additional behaviors and activities that society finds desirable and that the values of the business support. |
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Definition
| Philosophy that bases ethical behavior on the opinions and behaviors of relevant other people. |
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Definition
| An act passed into law by congress in 2002 to establish strict accounting and reporting rules in order to make senior managers more accountable and to imporve and maintain investor confidence. |
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Definition
| Economic growth and development that meet present needs without harming the needs of future generations. |
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Term
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Definition
| An education with five higher goals that balance self-interest with responsibility to others. |
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Definition
| The ethical system stating that all people should uphold certain values that society needs to function. |
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Definition
| Perspective that what is moral comes from what a mature person with "good" moral character would deem right. |
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Definition
| An ethical system stating that the greatest good for greatest number should be the overriding concern of decision makers. |
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