MHR301_Ch4 - Chapter 4 Ethics and Social Responsibility...

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Chapter 4 Ethics and Social Responsibility Leanne Powers MHR301 From McGraw-Hill Irwin Contemporary Management
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The Nature of Ethics Ethics  – The inner-guiding moral  principles, values, and beliefs that  people use to analyze or interpret a  situation and then decide what is the  “right” or appropriate way to behave
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Dealing with Ethical Issues There are no absolute or  indisputable rules or principles  that can be developed to decide if  an action is ethical or unethical
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Ethics and the Law Ethical beliefs lead to the  development of laws and  regulations to prevent certain  behaviors or encourage others Laws can change or disappear as  ethical beliefs change
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Stakeholders and Ethics Stakeholders  –   The people and groups that supply a  company with its productive  resources and have a claim on its  resources
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Stakeholders and Ethics When the law does not specify how 
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This note was uploaded on 05/18/2008 for the course MHR 301 taught by Professor Sharif-zadeh during the Fall '07 term at Cal Poly Pomona.

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MHR301_Ch4 - Chapter 4 Ethics and Social Responsibility...

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