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
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
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
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
Chapter 7 Concepts
Reward system rewards, discipline, goals, and social learning
o Creating psychological distance
Obedience to authority
(4) Diffused responsibility
o Felt respon
Our success depends on our people
Our clients interests always come first
Demand excellence of yourself
o When you are expected to perform with excellence every day, you
strive to live up to th
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
Tyson Foods Inc.
BILL BL AKE
1935- Founded by John W. Tyson in Springdale, AR
1936- Made his first deliver which made $235
Present Day- Still headquartered in Springdale, Second largest food production on Forbes 500
and member of S&P 500.
Tuesday Night Section 002
One of Bills fathers clients is Tyson so he was able to get us the number for
Tara Love and she introduced us to Joe Lloyd.
Section A: Company and interviewee background
September 23, 2014
Weston Case HW
1. I feel like there were a number of factors that caused the Westons to commit fraud. I do not
feel like they are immoral people, I just feel like they had too many small instances where they
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
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
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
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