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Definition
| Established standards of good or bad vs right vs wrong in ones conduct |
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| Is "Right" or "Good" in context of a governing moral code |
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| Broad beliefs about what is appropriate behavior |
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| preferences about desired results |
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| Preferences about desires means to desired ends |
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| Ethical Behavior respects and protects fundamental rights |
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| Ethical Behavior treats people importantly and fair |
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| Polocies and rules are fairly applied |
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| Degree to which outcomes are distributed fairly |
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| Degree to which others are treated with dignity and respect |
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| Degree to which an exchange or a transaction is fair to all parts |
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| Suggests that there is no one right way to behave; ethical behavior is determined by its cultural context |
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| Suggests ethical standards apply absolutely across all cultures |
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| A situation that offers potential benefits or gains that also may be considered unethical |
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| Personal rule or stategy for making ethical decisions |
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| Ethnics Intensity/ Issue Intensity |
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| Indicates the degree in which an issue or situation is recognized to pose important ethical challenges |
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| Seeks to help people understand the ethical aspects of decision making and to incorporate high ethical standards into their daily behavior |
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| Formal Statement of calues and ethical standards |
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| Fails to consider the ethics of his or her behavior |
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| Exposes the misdeeds of others in organizations |
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| In management, means acting in ways that support a high quality of life for present and future generations |
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| Corporate Social Responsibility |
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Definition
| The obligation of an organization to serve the interest of society in addition to its own interests |
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| Evaluates organizational performance on economic, social, and environmental criteria |
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| Persons, groups, and other organizations that are directly affected by the behavior of the organization and that hold a stake in its performance |
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| Refers to the capacity of the stakeholder to positevely or negativeoy affect the operations of the organization |
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| Indicates the extent to which a stakeholders concerns need immediate attention |
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| The business should focus on profits |
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| Business' should focus on broader social welfare as well as profits |
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| Occurs when CSR improves financial performance which leads to more CSR |
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Term
| Social Responsibility Audit |
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Definition
| Assess the organization accomplishments in areas of social responsibility |
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| Avoids social responsibility and reflects mainly economic priorities |
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| Seeks protection by doing the minimum legally required |
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| Attempts social responsibility, and tries to satisify economic, lgal and ethical criteria |
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Definition
| Meets all the criteria of Social Responsibility, including discretionary performance |
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Definition
| Oversight of top management by a board of directors |
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