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TCU BUSI 30153 Ethical Decision Making-Moon exam 1
Terms in this set (19)
General system of values by which people live. Principles, rules, and values people use in deciding what is right or wrong. Person specific.
Results from individuals that failed to sense the nature and complexity of their decisions.
Shareholders, employees, competitors, customers, suppliers and society.
A person's personal philosophies about what is right or wrong.
Organizational principles, values, and norms that may originate from individuals, organizational statements, or from the legal system that primarily guide individual and group behavior in business.
Specific and pervasive boundaries for behavior that should not be violated. They often become de basics for rules
Enduring beliefs and ideas that are socially enforced.
Any group or individual who can affect or is affected by the achievement of the organization's objectives.
Acceptable behavior as defined by the company and industry. The component of corporate culture that captures the values and norms an organization defines and its compared to by its industry as appropiate conduct.
Situations in which two parties are faced with a choice between two options: to cooperate in some course of action, or to not cooperate, that is, to defect. q
Situations in which several parties each face a prisoner's dilemma situation with respect to the other parties. Cooperation in a large group is rarely reached.
The fairness of the way in which benefits and burdens are distributed among the members of the group.
Proportional (or equity) principal
Norm of justice that states that rewards are just when they are proportional to each individual's contribution.
Norm of justice that states that rewards are just when all individuals are given equal rewards
Norm of justice that states that rewards are just when allocated according to individual's needs
One of the concepts of Goodness, where it's believed that only one thing is intrinsically good.
Second concept of goodness. Two or more things are intrinsically good
The idea that pleasure is the ultimate good, or the best moral end involves the greatest balance of pleasure over pain
Take a long-range perspective and allow for the well being of others although their own self-interest remains paramaount
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