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Terms in this set (30)
Concerned with asking how one should and ought to live and act
Desired goals, objectives, or end states that individuals wish to pursue
Preferred means of behavior
Rules that are more permanent, universal, and unchanging
Subjective, personal, and can change with time.
A devotion to improving the welfare of others.
Empowering followers to make decisions and gain control over their work.
Selflessly working with followers to achieve shared goals that improve collective welfare
Shared values and meanings that are articulated and practiced by an organization's leaders
Influencing behaviors to act in accordance to the law or face consequences
Any group or individual who can affect or is affected by an organization
Foreign Corrupt Practices Act
Prohibits American firms from accepting or offering bribes to foreign government officials
A belief that corporations have a social responsibility beyond pure profit is called _______________.
corporate social responsibility (CSR)
True or false: A meta-analysis of 52 studies found that there was a positive relationship between corporate social responsibility and profits/economic performance
True or false: Ethical issues are primarily concerned with financial and economically motivated crimes and misbehaviors
Leaders do not notice ethical issues
Leaders who do not have or use ethical language or principles
Leaders who cannot see inconsistencies among values they espouse
Leaders who are unable to implement their values, either due to lack of knowledge or fear of consequences
Leaders who are not committed to their espoused values
Leaders who do not have a set of coherent values
Leaders who believe they can "do no wrong"
A  approach to ethics states that an action is morally right if it provides the greatest net benefit, but limitations are that by only assessing the collective benefit it ignores individual impacts, and it is difficult to measure and agree on "benefits."
A  approach to ethics states that one has a duty to consider the impacts of a decision on the welfare of each individual stakeholder, because all humans have innate value, but limitations are that this may not be a realistic approach.
A  approach to ethics believes that all people have the same moral entitlements that must be considered, though it can be difficult to arrive at a decision when multiple parties have rights that may be at odds.
A  approach to ethics states that all individuals should have equal opportunities and be treated fairly, but a limitation is that people may disagree on who is right and wrong in a given situation.
A  based approach to ethics entails identifying the characteristics of an ethical person (or business) and then striving to uphold them when making decisions. However, people can disagree on what those characteristics should be.
A  approach to ethics believes that one must take a broad view of who may be impacted by your behavior, and that your decisions should do what is best for all these individuals. However, a limitation is that when your behavior violates the interests of others it can be hard not to take the self-interested action.
An  approach to ethics believes that one must take local cultural norms into account when making decisions, but a limitation of this approach is that it can lead to businesses justifying poor behavior on the basis that others in the area are doing it.
he following paragraph covers some of Chiquita Banana's international activities. Fill in each blank with the correct country. In  Samuel Zemurray funded an armed coup because he did not want to pay taxes, receiving fertile land and a tax-free agreement in return. In response to expropriation of land in , Samuel Zemurray convinced U.S. politicians to organize a coup of the democratically-elected president. In , an executive at the United Fruit company paid a bribe for lower tariffs, eventually killing himself after the SEC began investigating. Chiquita was fined by the U.S. for breaking federal law by funding terrorist groups in . Spelling counts.
Honduras, Guatemala, Honduras, Colombia
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