Ethics, Social Responsibility, and Diversity

Ethics, Social Responsibility, and Diversity -...

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Ethics, Social Responsibility, and Diversity October 14, 2008 Ethics and Responsibility Remember E--------B; B--------E Understand consumerism – the consumerist king – total quality management The economic and social justification of a firms’ existence is to meet to needs and wants  of the consumer. The marketer says you cannot create a need, but only effect it 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? Societal ethics – Professional ethics – Individual ethics = Organization’s Societal ethics – The values and standards embodied in a society’s laws, customs,  practises, and norms and values Professional ethics – The values and standards that groups of managers and workers use to  decide how to behave appropriately
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Ethics, Social Responsibility, and Diversity -...

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