Ethics-s - The Ethical and Social Environment Individual...

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The Ethical and Social Environment
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Individual Ethics In Organizations __________ An individual’s personal beliefs regarding what is right and wrong or good and bad. __________ _____________ “Eye of the beholder” or behavior that conforms to generally accepted social norms. Examples of ____________ Behavior “Borrowing” office supplies for personal use, “Surfing the Net” on company time. Filing falsified or inflated business expense reports.
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1. What is legal is ethical. 1. What is ethical is legal. 1. What is illegal is unethical. 1. What is unethical is illegal. Ethical vs. Legal
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4 Ethics and the Law Law often represents an ethical ________ Ethics often represents a __________ that exceeds the legal ___________ Ethics Law Frequent Overlap
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Defining Business Ethics Ethics in General (definitions) Focus on what is right and wrong Inquiry into ________ Standards governing how we ________ __________ Ethics Comprises moral principles and standards that guide behavior in business situations What is right and wrong in a business setting
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Determinants of Individual Ethics Individual Individual Ethics Ethics ________ ________ ________ ________ and Morals and Morals Individual Individual _______ _______ _________ _________
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_________ __________ A situation that arises when all alternative choices or behaviors have been deemed undesirable because. .. potentially of negative ethical consequences, making it difficult to distinguish right from wrong
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Determinants of Issue Intensity
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Ethical Decision Making in Organizations 6-9 Company ABC Manager Smith Ethical Dilemma Is perceived How a manager handles the situation depends on: __________ Individual Characteristics Personal ethics Stage of Moral Development _______________ Culture Values What is rewarded/punished ____________ Itself Importance to person Importance to organization Importance to society
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Each of us has a view of what is right or wrong. A manager takes his/her personal ethics with them in to the organization. That company also has an organizational view of what is right or wrong in terms of the business decisions it makes. Individual v. Business Ethics
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_______________ are people who have a stake or interest in the success of the organization. Examples of Stakeholders: Employees, customers, investors, suppliers, the community Also may include competitors, government, media, interest groups Stakeholders may have different views on whether a company’s actions are right or wrong. Role of Stakeholders
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This note was uploaded on 04/27/2009 for the course MGMT 3610 taught by Professor Thomas during the Spring '09 term at Middle Tennessee State University.

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Ethics-s - The Ethical and Social Environment Individual...

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