What are the 2 choices professor Lawrence discussed in class?
1. Choices in the moment
2. After a specific event
3. Rhetorical Questions
Circle with arrows he drew on the board
Observe > Orient > Decide > Act
Gross Margin= Sales COGS
Ethics and Corporate responsibility-Newman
Ch.1 Intro notes
Ethics-AGREED upon by society
o Example Scenario
Newborn baby born at 27 weeks and took 10 million dollars to keep alive
Is it worth it?
o If thats accepted then you cant tell other s
Relationship between Ethics & Law
o Can be legal, but is it ethical
o It was legal but not ethical to the men
o Evers stole penicillin to give to the man; Ethical but not legal
o Tuskegee Shot List
o Workplace: It is legal to accept a gift but unethical
Identify alternative actions & consequences to stakeholders; look at society;
Best decisions yield greatest net benefit to society
Worst decisions yield greatest net harm to society
This is the share assumptions, values, and beliefs in an organization
Culture is created through combinations of formal and informal systems
o Examples of formal and informal systems?
In the informal system we look at the organization h
What does it mean to be socially responsible?
Responsibilities extending beyond economical and legal obligations
Responsibilities to act ethically and to contribute in a positive way to society
Corporate social responsibility piramid
What are th
Chapter 7 Concepts
Reward system rewards, discipline, goals, and social learning
o Creating psychological distance
Obedience to authority
(4) Diffused responsibility
o Felt respon
1. Consequentialist theorists
Focus on Consequences
* AKA Theological Theories
* 2 types of consequential theories
Approach to an ethical dilemma: Identify alternative actions and
consequences to society.
Think broadly looki
o Moral Language
1. Perceptions of serious harm
a. Magnitude of consequences how many people is this going to harm?
b. Proximity to victims it can be close on location or family members
2. Use of moral language
Enron Chapter 3
Cognitive Moral Development
o Andy Fastow was a pre-conventional because it was more self-focus.
He was specifically hired because he did not have a moral compass
Locus of control
o Jeff Skilling was an internal Locus of
Idealism (Forsyth, 1980)
o Ones concern for the welfare of others
o High idealist - believe that harm can always be voided
o Low Idealist harm sometimes necessary
o Ones lack of emphasis on universal moral principles as the basis for
Chapter 7 concepts
What do we mean by multiple ethical selves?
o Integrity means wholeness being the same person at home and at
Do I have a set of values I live by no matter where I am?
Am I the same person across different contexts?
o BUT, peopl
Relativism/Idealism Scale (Forsyth, 1980)
The statements below are about your general philosophies. Please circle the number that
indicates how much you agree or disagree with each item, IN GENERAL.
1) A person sho
Obedience to Authority
Most people do as theyre told by authority
Overview of Milgram Experiments
Experiments began in July, 1961
Trial of Adolf Eichmann
o Where Eichmann and accomplices just following orders?
o How willing are indivi
Ethical Culture Audit for Sams Club
By: Andrew Scogin
MGMT 4243 - Professor Gephart
The ingenious Sam Walton implemented Sams Club as a division of his world-
recognized Wal-Mart Stores Inc. Very successful in discount retail from the start; Sam saw
Bad Apple vs. Bad Barrel
Bad Apple Theory- people are good or bad and organizations are powerless to
change these folks, meaning unethical behavior can then be blamed on a few
individuals with poor character.
Bad Barrels- apples often turn bad b
HW Week of 11/24
One experience where my values conflicted with what was expected of not just me but
everyone that worked there was during my summer sales internship, one employee was selling a
lot of product in the store
One main issue that Felipe faces in this case is seeing the poor working conditions of
the workers in the Chinese factories, and trying to be able to make those conditions
better by talking to his superiors. When
Businesses have a _legal_ responsibility to carry
out their work in accordance with government regulations.
Businesses have a(n) _pragmatic_ reason to care
about CSR, because if they fail to use their power responsibly,
society can remove it from them.
A(n) _grenade_ is an employee who may or may not be
aware of the rules/policies of the organization but is indifferent to
them either way.
Organizational policy should be _understandable_
and free of confusing jargon and legalese.
_value_ based ethics man
1. A(n) _Stakeholder_ can be any person or group with a
stake in the issue at hand.
2. The categorical _imperative_ asks if the action is
suitable to become a universal law or principle for everyone
3. When using the _consequentialist
1. According to Cognitive Moral Development Theory,
someone at the _preconventional_ level will
be very self-centered and will view ethical rules as imposed
from outside the self.
2. Moral _relativism_ is an ethical decision making
style represented by an
1. The _confirmation_ bias is the false belief
that we have gathered all the necessary facts that we need
in order to make a decision.
2. One way that we simplify our decision making to make the
process more manageable is by reducing the number of
1. In the years preceding the 2008 financial crisis, borrowers
didn't always need to provide proof of employment or
income on mortgage loan applications. We now refer to
these as _Liar_ loans.
2. The first step in the model of ethical decision m
This chapter suggests that, based on their experience,
_managers_ will have insight into the unique ethical
requirements of the job.
_reinforcement_ Theory tells us that people are more
likely to behave in ways that are rewarded, and are less likely to
1. _diffusion_ of responsibility occurs when I blame
my unethical behavior on a group of others.
2. _attribution_ of blame occurs when I convince
myself that the victims of my unethical decision deserve
what is coming to them.
3. Thinking of the victim of
_formal_ systems of culture are those that are
officially sanctioned or recognized.
Organizational _culture_ is a body of learned beliefs,
traditions, and guides for behavior shared among members of a
Codes of _conduct_ provide detailed guidance ab
1. Which of the following statements is true
a. Mike Nifong won the election and still holds his
position as District Attorney
b. Mike Nifong only received a slap on the wrist as a
result of his actions
c. Mike Nifong was disbarred as a result of his acti