Ch. 5 ethics and CSR --swl

Ch. 5 ethics and CSR --swl - Slide 1 ETHICAL BEHAVIOR &...

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Slide 1 ETHICAL BEHAVIOR CHAPTER 5 What is right and wrong, does the media shape or reflect our ethics? Religions shape our ethics. Varies between person and person. ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ Slide 2 • ETHICAL DILEMMAS: ISSUES WHERE QUESTIONS OF RIGHT OR WRONG ARE BLURRED. ETHICAL ISSUES ARE PERVASIVE IN ORGANIZATIONS • ETHICAL ISSUES CAN BE EXTREMELY COMPLEX Lapse is constantly doing something wrong Every decision managers make has an ethical component to it. Every little part has a little itty bitty ethical part to it. Companies want people who can make ethical decisions well. ______________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________
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• BAD, UNETHICAL, DECISIONS CAN HARM THE ORGANIZATION: –BAD PUBLICITY -- LOSS OF CUSTOMERS, DECREASED SALES –LOWER STOCK PRICE –DECREASED RECRUITMENT ABILITY –LEGAL FEES, FINES AND SETTLEMENTS Martha Stewart lost about 60% of her stock value.______________________________ _____ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ ___________________________________ Slide 4 MORAL(ETHICAL) INTENSITY • The degree to which a decision maker views an issue as being an ethical dilemma – Different issues appear to be more or less ethically important to a decision maker. – The same issue will have different moral intensity for different decision makers Moral or ethical intensity (interchangeable) Ethical intensity to y is the level of which the decision maker has to consider the ethical intensities of the parties involved. You can have 2 diff decision makers who make 2 diff choices b/c they view it from different perspectives or look at the intensity differently Slide 5 SIX FACTORS OF MORAL INTENSITY • MAGNITUDE OF THE CONSEQUENCES • CONCENTRATION OF EFFECT • Probability of Effect • TEMPORAL IMMEDIACY • PROXIMITY • Social Consensus 1 and 2 are linked. Magnitude is if I make decision A or B, which one will hurt more people? You look at the number of people being hurt; it looks at the numbers. Concentration of effect looks at a given population and what % of the population will be hurt. IE will you close the California or Texas plant? Concentration of effect will look at 10 million/60 million in LA, therefore more jobs will be available and you shut down the LA plant. 3: If I make this decision, what is the
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This note was uploaded on 04/29/2008 for the course MANAGEMENT 5 taught by Professor Mclaughlin during the Spring '08 term at UC Irvine.

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Ch. 5 ethics and CSR --swl - Slide 1 ETHICAL BEHAVIOR &...

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