Chapter 6 - Ethics Flashcards
1
Q
Values
A
Relatively permanent values and attitudes
2
Q
Internal stakeholders
A
Employees, owners
3
Q
External stakeholder
A
Task environment
4
Q
4 ethic approaches
A
Utilitarian, individual, moral rights and justice
5
Q
Utilitarian Approach
A
For the greatest good. Efficiency and profit, cost benefit analysis.
6
Q
Individual approach
A
Act ethically in the short run to avoid others harming you in the long run
7
Q
Moral rights approach
A
Guided by respect for the fundamental rights of human beings
8
Q
Justice approach
A
Take the impartial and fair with a case
9
Q
Why are people unethical?
A
- Holier than thou effect: excessively favorable bias about ourselves.
- Fundamental Attribution Error: tendency to overestimate the effect of disposition and underestimate the effect of the situation
- Motivated Blindness: tendency to overlook information that works against our best interest.
10
Q
3 levels of ethical behavior
A
- Pre-conventional: Follow the rules to avoid unpleasant consequences.
- Conventional: adhering expectations of others
- Post-conventional: follow their own values and standards.
11
Q
Ethics is not…
A
The law
Following cultural accepted norms
Whistleblowing
12
Q
Social responsibility (2)
A
Sustainability and Philanthropy
13
Q
Ethics
A
standards of rights and wrong that influence behavior
