Buscar
Estás en modo de exploración. debe iniciar sesión para usar MEMORY

   Inicia sesión para empezar

level: Level 1

Questions and Answers List

level questions: Level 1

QuestionAnswer
What is ethics?set of believes about what is right and what is wrong.
Moral code?a statement about how people should behave within society
Morality:Shared social conventions about right and wrong that become the basis for an established consensus
Virtue:Habit that inclines people to do what is acceptable
Vice:Habit of unacceptable behavior
IntegrityActing in accordance with a personal code of principles
when does Inconsistency emerges when it comes to having integrity?In a situation that conflicts with one’s moral standards
Morals :Personal beliefs about right and wrong
EthicsStandards or codes of behavior expected of an individual by a group to which the individual belongs
LawSystem of rules, enforced by a set of institutions, that tells us what we can and cannot do
Supply chain sustainabilityDeveloping and maintaining a supply chain that meets the needs of the present without compromising the ability of future generations to meet their needs
Why Fostering Corporate Social Responsibility and Good Business Ethics Is ImportantTo gain the good will of the community
what are the Characteristics of a Successful Ethics Program?Employees are willing to seek advice about ethics issues
who is that Corporate Ethics Officer?Provides an organization with vision and leadership in the area of business conduct and he is Ideally a senior-level manager who reports directly to the CEO.
another name for the Corporate Ethics Officer?corporate compliance officer
Responsibilities of corporate compliance officerEnsuring compliance of ethical procedures
Code of ethicsStatement that: Highlights an organization’s key ethical issues Identifies the overarching values and principles important to the organization and its decision making
Organizational code of ethics shouldApply to its directors, officers, and employees
Four Common Approaches to Ethical Decision MakingVirtue ethics approach
Fairness approachCommon good approach
Virtue ethics approachThe ethical choice best reflects moral virtues in yourself and your community.
Utilitarian approachThe ethical choice produces the greatest excess of benefits over harm.
Common good approachThe ethical choice advances the common good.
Limitations of Various Approaches to Ethical Decision Making: Value ethics approach• Does not provide a guide for action • Virtue cannot be worked out objectively, it depends on the circumstances
Limitations of Various Approaches to Ethical Decision Making :Utilitarian approachMeasuring and comparing the values of certain benefits and costs is difficult • Predict the full benefits and harm that result from a decision is difficult
Limitations of Various Approaches to Ethical Decision Making : Fairness approachDecisions can be influenced by personal bias • Affected parties may consider the decision unfair
Limitations of Various Approaches to Ethical Decision Making :Common good approachArriving at a consensus becomes difficult • Some groups are required to bear greater costs than others