Business ethics Flashcards
what is corporate social responsibility
idea that a business has responsibility to the environment and its community
what is globalisation
Integration of economic, industries, culture and policy making around the world
what is whistle blowing
ethic around going public to reveal secrets unethical businesses practise
what responsibilities should businesses have towards the environment
-reducing pollution
-increasing reliance on renewable resources
what responsibilities should businesses have towards the community
-avoiding exploitation
-donating money
-giving living waged and ensuring health and safety
utilitarianism on CSR
environmentally - accept as damaging of the environment can damage happiness,however think the free market would produce human flourishing
what is philanthropy
desire to promote the welfare of others, by donating large amounts to good causes
Kantian ethics on CSR
second formulation requires that people are not treated as a means.
a basic level of respect must be given to employers and stake holders
examples of CSR
innocent smoothie give 10% of their profits to charity.
example of a Whistleblower
Joe Darby was a reserve soldier sent to Abu Ghraib.
showed tapes of his fellow soldiers breaking the Geneva convention.
what does PIDA stand for
public interest disclosure act, any whistle blowing has to fit in a certain criteria for it to be allowed
what are the criteria for PIDA
- has to be in the public interest
- person must believe its true
- must be reported to the right person.
utilitarianism on whistle blowing
Act Util, whistleblowing is morally right depending on the situation, only if it causes more happiness.
Kant on whistleblowing
Kant thinks lying cannot be universalised, therefore he would be against lying to cover up Business practise.
what is the utilitarian defence for sweatshops
many people in third world countries are in danger of starvation, if sweatshops open, then they will at least earn some money.
