1Managing with Ethics and Social ResponsibilityWe Will•Examine the issues of managerial ethics and corporate social responsibility; •Define the terms....look at the ways of thinking about ethical behavior; and •Asses the role of the organization as a member of the broader social community.
2What is Ethical Behavior?•MORALS Doctrine of Conduct relating to, dealing with, or capable of making the distinction between right and wrong in conduct or character.•ETHICSThe system or Code of Morals of a particular person, religion, group, or profession.
3•Being Ethical is:Conforming to Moral Standards; conforming to the standards of conduct of a given group or profession.•Ethical Behavior is: Doing what is accepted as "good" and "right" as opposed to "bad" and "wrong" in the context of the governing Moral Code.Ethical Behavior=Legal Behavior +"something else"
4Context of the Governing Moral Code•Refers to the group, organization, or broader societal venue within which the prevailing norms and values underlying a governing moral code are established.
5Laws, Values, and Ethical BehaviorAny behavior considered Ethical should also be legal in a just and fair society.HoweverLegal behavior is not necessarily ethical behavior.
6Four Views of Ethical Behavior•Utilitarian ViewWhere moral behavior is that which delivers the greatest good to the greatest number of people.•Individualism ViewWhere moral behavior is that which is best for long-term self-interest.
7•Moral-Rights ViewWhere moral behavior is that which respects fundamental rights shared by all human beings.•Justice ViewWhere moral behavior is that which is impartial, fair, and equitable in treating people. (Procedural and DistributiveJustice)
8Managerial Ethics•Principles that guide the actions and decisions of managers, and determine if they are good or bad, or right or wrong.