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establish standards of good or bad, or right or wrong in one's conduct |
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is "right" or "good" in the context of a governing moral code |
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broad beliefs about what is appropriate behavior |
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preferences about desired end states |
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preferences regarding the means to desired ends |
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ethical behavior delivers the greatest good to the most ppl |
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ethical behavior advances long-term self-interests |
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ethical behavior treats ppl impartially and fairly |
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focuses on the degree to which outcomes are distributed fairly |
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degree to which others are treated w/ dignity and respect |
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degree to which an exchange or a transaction is fair to all parties |
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suggests there is no one right way to behave; ethical behavior is determined by its cultural context |
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suggests ethical standards apply absolutely across all cultures |
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attempt to impose one's ethical standards on other cultures |
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situation that offers potential benefit or gain and that may also be considered unethical |
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personal rue or strategy for making ethical decisions |
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Ethics Intensity or Issue Intensity |
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degree to which an issue or a situation is recognized to pose important ethical challenges |
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Helps ppl understand ethical aspects of decision making and to incorporate high ethical standards into their daily behavior |
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formal statement of values and ethical standards |
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chooses to behave unethically |
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fails to consider ethics of her/his behavior |
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makes ethical behavior a personal goal |
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acting in ways that support high quality of life for present and future generations |
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Corporate Social Responsibility |
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obligation of an organization to serve interests of society in addition to its own interests |
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evaluates organizational performance on economic, social and environmental criteria |
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persons, groups, other organizations that are directly affected by behavior of organization that hold a stake in its performance |
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capacity of stakeholder to positively or negatively affect operations of organization |
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indicates validity and legitimacy of stakeholder's interest in organization |
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Indicates extent to which stakeholder's concerns need immediate attention |
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business should focus on profits |
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Socioeconomic View of CSR |
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business should focus on broader social welfare as well as profits |
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Occurs when SCSR improves financial performance, which leads to more CSR |
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Social Responsibility Audit |
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asses an organization's accomplishments in areas of social responsibility |
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avoids social responsibility and reflects mainly economic priorities |
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seeks protection by doing the min. legally required |
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accepts social responsibility and tries to satisfy economic, legal, and ethial criteria |
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meets all criteria of social responsibility, including discretionary performance |
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oversight of top management by a board of directors |
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