Chapter 9 Business Policy
Terms in this set (7)
According to Integrative Social Contracts:
universal ethical principles or norms based on the collective views of multiple cultures and societies combine to form a "social contract" that all individuals, groups, organizations, and businesses in all situations have a duty to observe.
Compare and Contrast Ethical Universalism, Ethical Relativism, and Integrative Social Contracts:
A moral manager is:
very ethical and expect ethical behavior. Comply with the law and operate above what the law requires.
A immoral manager is:
a manager who has no regard for ethical standards or ethical principles.
Bad guys with little to no integrity
Costs of unethical behavior:
Legal Percussions: civil charges, criminal charges. company reputation ruined.
Unethical behavior effect on employees:
Disloyalty amongst employees
Fear of layoffs
Loss of customer focus
Approaches to managing ethical behavior:
Promote good workplace ethics
Offer ethics training
Be a role model and be visible
Communicate ethical expectations