Business 9

Card Set Information

Business 9
2011-03-20 14:36:32

Demanding Ethical & Socially Responsible Behavior
Show Answers:

  1. ethics
    standards of moral behavior, that is, behavior accepted by society as right vs wrong
  2. compliance based ethics codes
    Ethical standards that emphasize preventing unlawful behavior by increasing control and by penalizng wrongdoers
  3. integrity based ethics codes
    Wthical standards that define the organizaion'sgudng values, create an environment that supports ethically sound behavior, and stress a shared accountabilty among employees
  4. whistleblowers
    insiders who report illegal or unethical behavior
  5. corporate social responsisbility (CSR)
    a business' concern for the welfare of society
  6. corporate philanthropy
    the dimension of social responsibility that includes charitable donations
  7. corporate social initiatives
    enhanced forms of corporate philanthropy directly related to the company's competencies
  8. corporate responsibility
    the dimension of social responsibility that includes everything from hiring minority workers to making safe products
  9. corporate policy
    the dimension of social responsibility that refers to the position that a frm takes on social and political issues
  10. insider trading
    an unethical activity in which insiders use private company information to futher their own fortunes or those of their family and friends
  11. social audit
    a systematic evaluation of an organization's progress towaird implemenitng socially reposible and responsive programs