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11 terms

Chapter 4

BGMT 110
STUDY
PLAY
compliance-based ethic codes
Known as ___________ these ethical standards emphasize preventing unlawful behavior by increasing control and by penalizing wrongdoers.
social audit
When a corporation performs a__________ is conducting a systematic evaluation of an organization's progress toward implementing programs that are socially responsible and responsive.
Corporate Policy
_______is the dimension of social responsibility that refers to the position a firm takes on social and political issues.
ethics
Standards of moral behavior, or _______, is behavior that is accepted by society as right or wrong.
Integrity-based code of ethics
_________ are ethical standards that define the organization's guiding values, create an environment that supports ethically sound behavior, and stress a shared accountability among employees.
Corporate Philanthropy
The dimension of social responsibility that includes charitable donations to nonprofit groups is called__________.
corporate social responsibility
When a business shows concern for the welfare of a society as a whole, it is demonstrating ___________.
Corporate responsibility
A dimension of social responsibility known as ___________includes everything from minority hiring practices to making safe products.
insider trading
An unethical activity called __________occurs when insiders use private company information to further their own fortunes or those of their family and friends.
whistle blowers
People who report illegal or unethical behavior are known as __________
corporate social initiatives
This form of corporate philanthropy differs from the traditional in that it is directly related to the company's competencies; the efforts are known as ____________