Chapter 5 Ethics And Social Responsibility Flashcards Preview

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Flashcards in Chapter 5 Ethics And Social Responsibility Deck (9)
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1
Q

Compliance-based ethics codes

A

Ethical standards that emphasize preventing unlawful behaviour by increasing control and penalizing wrongdoers

2
Q

Integrity-based ethics codes

A

Ethical standards that define the organizations guiding values, creating an environment that supports ethically sound behaviour and stress a shared accountability amount employees

3
Q

Whistle blowers

A

People who report illegal or unethical behaviour

4
Q

Corporate social responsibility

A

Businesses concern for the welfare of society

5
Q

Corporate philanthropy

A

Dimension of social responsibility that includes charitable donations

6
Q

Corporate responsibly

A

Includes everything from hiring minority workers to making safe products

7
Q

Corporate policy

A

Refers to the position a firm takes on social and political issues

8
Q

Sustainable development

A

Implementing a process that integrates, environment, economic and slick cosier rations into decision making

9
Q

Ethics

A

Standards of moral behaviour, behaviour that is accepted by society as right vs. Wrong