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Ethics and Social Responsibility  Career Development and Interviewing Effectively Leadership and Personal Development Ethics and Social Responsibility George Boltwood’s presentation and relevance to ethics material Ethics—set of moral principles or values that defines right and wrong for a person or group  o 48% of the respondents admitted to actually committing an unethical or illegal act in the past year  Ethical behavior—behavior that conforms to a society’s accepted principles of right and wrong o Unethical behavior Workplace deviance—violates organizational norms about right and wrong (tangible and intangible  assets)  Production deviance (Minor, organizational)— hurts the quality and quantity of work  produced; leaving early, excessive breaks, wasting resources  Property deviance (serious, organizational)— aimed at the organization’s property or  products; sabotaging equipment, accepting kickbacks  Employee shrinkage—employee theft of company merchandise (“sweet hearting” discounts  or not ringing up items for family and friends)  Political deviance (Minor, interpersonal)—using one’s influence to harm others in the  company;  showing favoritism, gossiping   Personal aggression (serious, interpersonal)—hostile or aggressive behavior toward others  (workplace violence); sexual harassment, verbal abuse   U.S. Sentencing Commission Regulatory agency that prosecutes and punishes unethical activities in organizations and  promote prevention  Nearly every business is covered Guidelines for effective compliance Who, What Why—“to whom the guidelines apply and what they cover” o Nonprofits, partnerships, labor unions, unincorporated organizations and  associations, incorporated organizations and even pension funds, trusts and joint  stock companies   o Encourage companies to be proactive toward training the prevention of white collar  crimes  Determining the Punishment—“How, according to the guidelines, an organization of its  managers and employees”   o Carrot and stick approach—STICK is the threat of heavy fines and CARROT is the  substantial reduction in the fine but only if the company has started an effective  compliance program  o Higher the responsibility of the company in aiding the crime the more the fine  o 7 components: establish, assign, delegate, encourage, train, enforce, improve  Ethical decision making  o Influences on ethical decision making—“the ethical intensity of the decision”  Ethical intensity—the degree of concern people have about an ethical issue 
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This note was uploaded on 03/03/2011 for the course ECON 2200 taught by Professor Moore during the Fall '07 term at UGA.

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