2300 book notes

Conscience o managers should compare and contrast

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Unformatted text preview: he people affected by it o ex: rights to freedom, life and safety, property, privacy, free speech, and freedom of conscience o managers should compare and contrast different courses of business action on the basis of how each course will affect the rights of the company's different stakeholders o choose decision that best protects and upholds the rights for all stakeholders • • • • • • justice rule - distributes benefits and harms among people and groups in a fair, equitable or impartial way o managers should compare and contrast alternative courses of action based on the degree to which they will fairly or equitably distribute outcomes to stakeholders practical rule - an ethical rule is one that a manger has no reluctance about communicating to people outside the company because the typical person in a society would think it is acceptable unethical behavior ruins business commerce, society has a lower standard of living because fewer goods and services are produced trust - the willingness of one person or group to have faith or confident in the goodwill of another person, even though this puts them at risk o this increases efficiency and effectivity reputation - the esteem or high repute that individuals or organizations gain when they behave ethically we are part of a bigger picture and we, as well as the companies we work for, must recognize that Sources of an organization's code of ethics • societal ethics - standards that govern how members of a society are to deal with each other on issues such as fairness, justice, poverty, and the rights of the individual • professional ethics - standards that govern how members of a profession are to make decisions when the way they should behave is not clear-cut • individual ethics - personal values and attitudes that govern how individuals interact with other people • ethics ombudsman - an ethics officer who monitors an organization's practices and procedures to be sure they are ethical DIVERSITY • diversity - differences among people in age, gender, race, ethnicity, sexual orientation, socioeconomic background, and capabilities/disabilities • strong stance that people of diversity must be treated equally and that they can provide organizational effectiveness • glass ceiling - a metaphor alluding to the invisible barriers that prevent minorities and women from being promoted to top corporate positions • Title VII of the Civil Rights Act prohibits discrimination based on religion, race/ethnicity, country of origin, and sex (CRA) • Americans with Disabilities Act prohibits discrimination against persons with disabilities (ADA) • • • • • Equal Pay Act: requires that men and women be paid equally if they are performing equal work. (EPA) Age Discrimination in Employment Act: Prohibits discrimination against workers over the age of 40 and restricts mandatory retirement (ADEA) Pregnancy Discrimination Act: prohibits discrimination against women in employment decisions on the basis of pregnancy, childbirth, and related medical decisions (EEOC). Civil Rights Act:...
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This document was uploaded on 02/18/2014 for the course BCOR 2300 at Colorado.

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