PHASE 2 - CH. 3: ETHICS AND CORPORATE SOCIAL RESPONSIBILITY Flashcards Preview

MGMT1001H > PHASE 2 - CH. 3: ETHICS AND CORPORATE SOCIAL RESPONSIBILITY > Flashcards

Flashcards in PHASE 2 - CH. 3: ETHICS AND CORPORATE SOCIAL RESPONSIBILITY Deck (11):
1

ethics

study of moral standards and their effect on conduct and behavior

2

morality

standards people se to judge what's right or wrong, good/evil

3

csr stands fr and is what

coproate social responsibilty, pursue activies benefiial o sciety in some way, imvproe company brand,

4

utilitarianism

greates happiness pricniple, etchial philosophy calming behaviors are considered moral if produce greates good/tulity for greates number of poeple, cost benefit analysis

5

kantianism

motives are itically important when judging moral activity, ppl must make right decisions for right reasons, doiing otherwise does not build trust

6

virtues and character

person who exhiits strong marl charatcer and integrity is trustworthy

7

virtue ethics

ehtical philsopshy claiing morality's primary function is to develop virtous character

8

kholberg's three levels of moral development

preconventioanl morality, convential mornaiyt, post conventional morlaity

9

justice

framework for society to udge what's orally right or wrong, fair/unfiar

10

distributive justice

districtution of wealth amring members of socieyt - egalitarism, individual differences morally isngifinicalnt

11

procedural justice

rules be clearly stated, consistenly objeyed, impartially enformaced, framework for societyes to develop laws/rocedures result in jst and fair outcomes