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Business Ethics
BusADM499 Terms
49
Business
Undergraduate 3
12/04/2011

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Cards

Term

Belief Systems 

Definition

The way we view our world. Our world-view was shaped in childhood, and is modified throughout our adult lives.

 

Term
Core Ethical Framework
Definition
The skeleton that provides the structure for evaluating an ethical dilemma and the foundation for making good ethical decisions
Term
Code of Ethics
Definition
A formalized body of ethical practices which govern members of some professions. Physicians and attorneys are among those professionals
Term
Core Commitments 
Definition

The fundamental values and beliefs held by a person. These are the values that are the most important to an individual.

 

Term
Core Competencies
Definition

The essential skills required for a profession. For reporters, this might include the ability to write in complete, coherent sentences.

 

Term
Dealbreakers
Definition
It is a situation, decision, or value considered unacceptable to the participants. It by itself pushes participants past their comfort limits in such a way as to cause them to no longer want to be participants
Term
Employee Handbook
Definition
The document that outlines the rules and processes for a company    
Term
 Equality 
Definition

The ethical value concerned with assuring that all persons or parties have access to the same rights and privileges.

 

Term

Ethical Values

Definition

The values that govern the acceptable standards of behavior in a community. Moral and this form our core commitments.

Term

External Goods

Definition

Rewards and incentives provided by a community to those willing to take difficult roles within a community. These goods may include money, prestige, power, or status.

 

Term
Experience
Definition

The information you have gained about the world and your environment from having lived in it. Includes memory and learning from the choices you have made in the past, as well as the knowledge and experience of others.

 

Term
Individual Moral Tradition
Definition
The philosophical and/or religious heritage of a person
Term
Internal Goods
Definition

The fruits of our labors (jobs or other work) that make doing the work satisfying to us. This can be pride in the quality of our work, helping others, or overcoming obstacles.

Term
Justice
Definition
The ethical value concerned with assuring that people are treated fairly
Term
Know Yourself  
Definition

While it may seem clichéd, being self-aware is of vital importance in making ethical decisions. Making decisions that are in sync with our innermost values, beliefs, and traditions make us more fulfilled and happy not only in our work lives, but in every aspect of our being.

Term
Knowledge
Definition
The information you have gained from understanding your experiences
Term
Laws 
Definition
The legal requirements for conduct. Unlike rules, can be enforced by governments
Term
Leader 
Definition

A person whose role is to provide direction and coordinate resources (which may include people) toward a goal.

Term

Leadership

Definition

The qualities or activities of a leader. A leader is a person whose role is to provide direction and coordinate resources (which may include people) toward a goal

Term
License 
Definition

A permit granting privileges in exchange for adherence to rules and/or laws. A holder of a this to practice medicine can prescribe medicines and function as a physician, in exchange for following the law and adhering to the Code of Ethics.

Term
Leadership Profile
Definition

A "sketch" of the components that not only reflect a person's role within a company, but also describe the elements of a person's background that have shaped his or her core ethical framework.

Term
Mentors
Definition

The caretakers of oral or other tradition who pass them onto new people. Are often teachers, and share their experience and knowledge gladly.

 

Term

Mission

Definition

The formal statement of the reasons for why a company was formed and continues to operate.

Term
Money
Definition

The fungible earnings of a job. An external good, and may be used by some as an incentive to take difficult jobs.

Term

Moral Tradition

Definition

The philosophical heritage of those who study ethics

Term

Narrative 

Definition
The story or statements of a company or person's mission, beliefs, or goals.
Term
Non-Negotiables 
Definition

Are items that do not need to be discussed once they are identified. They are situations, decisions, or values a participant or group of participants is unwilling to give up no matter what the situation.

Term
Overcoming Obstacles 
Definition

The process of facing a challenge, and defeating it.

Term
Oral Tradition 
Definition
The "informal" traditions of a community. These are the traditions that are conveyed verbally by mentors or other people in a company
Term
Peace 
Definition

The ethical value concerned with tranquility and unity.

 

Term
Personal Narrative
Definition

The story you tell about your life. This story can include your core values, accomplishments, beliefs, or goals.

 

Term
Power
Definition

The authority granted by holding particular positions. An external good, and may be used by some as an incentive to take difficult jobs.

 

Term
Practice
Definition

What occurs when a person has developed his or her own professional core competencies to a mastery level.

Term
Prestige
Definition

The respect and admiration that are associated with one's profession or position. Is an external good, and may be used by some as an incentive to take difficult jobs.

Term
Professional Excellence 
Definition
High quality performance according to the standards of a profession.
Term
Profession
Definition
A specific field or job for which the practitioners have usually had specialized training, skills, or experiences. Are associated with "white-collar" jobs
Term
Professional Groups
Definition

An association for the advancement and governance of a profession. Some common examples include the American Medical Association (AMA) and the American Bar Association (ABA).

Term
Quality
Definition

The ethical value concerned with achieving high standards of excellence.

Term
Religious Beliefs 
Definition

The ideas and ways a person understands the world as derived from their religious background. These beliefs often form the core of a person's individual moral tradition.

Term

Role Models

Definition

The examples of professional excellence that are admired. Sometimes they are professional in nature, that is, they engender especial admiration within a specific field. Other examples are more universally admired.

Term

Rules

Definition

The standards for a company or group. They outline expectations for performance, behavior, and other standards of conduct. Enforced only by the group that has established them.

 

Term

Satisfaction

Definition

A feeling of contentment and fulfillment.

Term

Self-image

Definition

The picture a person has of him or herself

Term
Skills
Definition

The specialized abilities, learned or innate, which allow a person to accomplish a task, usually tasks which cannot be accomplished without these specialized abilities.

Term
Status
Definition

The reputation and standing of a person within a community. Generally speaking, the higher a person is regarded by their professional or personal community, the higher their status.  Is an external good, and may be used by some as an incentive to take difficult jobs.

Term
Story
Definition
The narrative of a person or company's origin, values, beliefs, and mission
Term
Tipping Points
Definition

The proverbial straw that breaks the camel's back. Often ethical agents must compromise with other ethical agents. The points at which the unhappiness of a given person or group reaches a critical mass.

Term
Traditions
Definition

The rituals and practices of a company, individual, or other community. Can be written down, or be communicated verbally.

 

Term
Vision Statement
Definition

The formal statement of the values held by a company. These values are the characteristics a company uses to distinguish itself from other companies. 

 

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