Unit 3 Flashcards

1
Q

Fiduciary

A

A person entrusted to make decisions that benefit another person or party

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2
Q

Workplace

A

Wherever work happen

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3
Q

Business:

Organization comprised of

A

Employees, products, and services

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4
Q

Business:

What it does

A

Commercial, industrial, or professional activities to earn profits

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5
Q

Utilitarianism

A

Greatest good for the greatest number

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6
Q

Religion

A

A code derived from core teaching

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7
Q

Pragmatism

A

Do the least harm

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8
Q

In a given situation moral pluralism balances/prioritizes (4)

A

1) Individual rights
2) Justice
3) Common good
4) Self-interest

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9
Q

Sources/references/memberships

A

Provide rules and codes of conduct that guide decision-making

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10
Q

Ethics at work: Characteristics (5)

A

1) Contextual
2) Iterative
3) Concurrent and sequential
4) Self-interested
5) Subject to unanticipated consequences

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11
Q

OBM practitioner: Needs to know (4)

A

1) Business operations
2) Client interactions
3) Common language
4) Behavior-change strategies

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12
Q

Ethics issues at work:

Contributing factors (4)

A

1) Strategic and tactical decisions often lack ethical review
2) Not explicitly built into accountability criteria
3) Celebrates high risk for gain
4) Lack of skills establishing striving to be ethical as measurable priority

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13
Q

Decision-making systems of what is “good”

A

1) Utilitarianism
2) Religion, pragmatism
3) Moral pluralism
4) Sources/ references/ memberships

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14
Q

Effecting change:

Identify required change

A

Pinpointing the ethical behaviors that lead to favorable outcomes

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15
Q

Effecting change:

Establish favorable conditions

A

Arranging work contingencies that promote desired ethical behavior

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16
Q

Effecting change:

Practice

A

Arranging opportunities to engage in specific ethical behavior outside of an ethical dilemma

17
Q

Effecting change:

Seek feedback

A

Asking others about the effects of our behavior

18
Q

Effecting change:

Recognize and reward

A

Ensuring ethical behavior is acknowledged when it happens

19
Q

Effecting change:

Evaluate effects

A

Measuring the effects of efforts and comparing to desired ethical outcomes

20
Q

Business structures/processes (5):

A

1) Single business
2) Mergers
3) Acquisitions
4) Consolidations
5) Industry-wide associations