Oct 15 Ethics, Social Responsibility and Diversity

Oct 15 Ethics, Social Responsibility and Diversity -...

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Ethics, Social Responsibility and Diversity Ethics and Responsibility Remembers E--------B; B---------E Understand Consumerism – the economic and social justification of a firm’s existence is to meet the needs and wants of the consumer As a result, many organizations are now incorporating ethical considerations into their decision-making processes Who is the business organization responsible to? The Owners? The Public? Both? Sources of Codes of Ethics The Stakeholder The interested parties in success Shareholders Employees Communities Neighbors Levels of government Societal ethics The values and standards embodied in a society’s laws, customs, practices, and norms and values Organization’s code of ethics derives from Professional ethics The values and standards that groups of managers and workers use to decide how to behave appropriately Individual ethics Personal values and standards that result from the influence of family, peers, upbringing, and involvement in significant social institutions
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This note was uploaded on 12/08/2009 for the course TEFLER ADM1300 taught by Professor Koppel during the Fall '09 term at University of Ottawa.

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Oct 15 Ethics, Social Responsibility and Diversity -...

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