...Chapter 5 Social Responsibility and Ethics How important is it for organizations and managers to be socially responsible and ethical? In this chapter, we’re going to look at what it means to be socially responsible and ethical and what role managers play in both. Focus on the following learning outcomes as you read and study this chapter. LEARNING OUTCOMES 5.1 Discuss what it means to be socially responsible and what factors influence that decision. 5.2 Explain green management and how organizations can go green. 5.3 Discuss the factors that lead to ethical and unethical behavior. 5.4 Describe management’s role in encouraging ethical behavior. 5.5 Discuss current social responsibility and ethics issues. SPOTLIGHT: Manager at Work Chapter 5 presents contemporary concepts of managerial ethics and social responsibility to help your students explore and appreciate the critical role of these issues in today’s complex business environment. In the opening case, “A Manager at Work,” we see firsthand the complications that arise when companies are caught in the middle of unethical and illegal allegations. The case revolves around allegations of attempted bribery by three Renault executives. After an investigation, all three of the employees were dismissed, but the story doesn’t end there as the Paris prosecutor in charge of the case later dismissed the charges for lack of evidence. Renault would eventually backtrack on the firing of the executives, rehiring all three...
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...and Management Ysgol Busnes, Cyllid a Rheolaeth Business Ethics and Social Responsibility SBUS6003 October 2015 – Term 5 February 2016 – Term 6 SBUS6003 Business Ethics and Social Responsibility MODULE CODE: TITLE: DATED: SBUS6003 Business Ethics and Social Responsibility 02/06/2011 LEVEL: CREDITS: 6 20 TEACHING METHODS: Lectures Workshops Independent Study JACS CODE: N200 8% 16% 76% AIM(S) • To introduce students to the particular problems and opportunities experienced in adopting or ignoring corporate social responsibility. • To develop students’ understanding of the relationship between business ethics and management decision making • To develop students understanding of sustainable business issues and how they can be managed, promoted and developed in a business context. LEARNING OUTCOMES By the end of this module students should be able to: • critically evaluate the tipple bottom line of sustainability as a key goal for business ethics; • critically evaluate the role of ethical theory in decision making in business. • critically appraise stakeholder expectation and its relationship with corporate governance and social responsibility; • research and critically analyse ethical challenges in different organisations; • investigate and critically evaluate an organisation’s management of corporate social responsibility. CONTENT • Environmental orientation and the three main goals of sustainable...
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...explore professional counseling ethical codes. You will examine multiple codes of ethics to assist in practicing CMHC in an ethical manner. You will also familiarize yourself with the sections of the codes that govern your responsibilities as a counseling student. Tasks: * Compare and contrast the ACA's, the AMHCA's, and the NBCC's codes of ethics. * Describe your responsibilities as a student as per the ACA's and the AMHCA's codes of ethics. Your final product will be a 3- to 5-page Microsoft Word document written in APA format, utilizing at least three scholarly sources. Your paper should be written in a clear, concise, and organized manner; demonstrate ethical scholarship in accurate representation and attribution of sources; and display accurate spelling, grammar, and punctuation. This is the grading rubric Assignment Components | Proficient | Max Points | | | | Compare and contrast the American Counseling Association (ACA), American Mental Health Counseling Association (AMHCA), and National Board for Certified Counselors (NBCC) codes of ethics. | Thoughtful and insightful understanding of the parallels and variations between the ACA, AMHCA, and NBCC codes of ethics is reflected. Accurate analysis and synthesis of the ethical codes reflects an appropriate connection between the three codes. | /32 pts. | Describe your responsibilities as a student, per the ACA and AMHCA...
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...LWC1 - Fundamentals of Business Law and Ethics Course of Study Your competence will be assessed as you complete the LWC1 objective assessment for this course of study. This course of study may take up to 10 weeks to complete. Introduction Overview There are the two major subdomains of study within the Fundamentals of Business Law and Ethics Course of Study: business law and business ethics. The exam covers 11 business law and ethics concepts, including the following: contractual relationship government regulation of business dispute resolution labor and employment law hiring and employment practices warranties, negligence, and liabilities Sarbanes-Oxley Act ethical issues in business ethical leadership ethics programs use of company resources You likely have had some experience with the legal system, either through your own encounters or merely through listening to the nightly news, and you have probably read or heard about various ethical and legal issues causing financial upheaval in today's business world. This background will serve you well in this study. Now you can expand on that experience, and perhaps refine and enhance your own views on these issues. Once you complete this course of study, you will have demonstrated a level of competence that you can immediately use in your work setting and career. Outcomes and Evaluation There are 10 competencies covered by this course of study; they are listed in the "Competencies for Fundamentals of Business Law and Ethics...
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... Unit 37: Understanding Business Ethics Businesses are limited in what they do. Sometimes by laws and sometimes by the conventions and social codes we live by. Gathered together these are what we refer to as ethics and they can apply to every aspect of business behaviour. Whereas it could be argued that most laws have there origins in ethics, ethical behaviour, by individuals and business go beyond legal requirement and are discretionary, that is to say we can choose to follow them or not. Businesses have not always behaved ethically and many still do not. This unit examines what pressures there are on businesses to behave in an ethical manner. Learning outcomes On completion of this unit you should: 1 Understand the meaning and importance of ethics in the business world 2 Understand the implications of businesses operating ethically 3 Know the social implications of business ethics 4 Understand ethical concerns facing different communities. Context: You have been asked to research and draw up a report explaining business ethics for an organisation that is about to be floated on the stock exchange. The report will demonstrate an understanding of ethical business behaviour; the implications of it and why it is increasingly seen as such a serious issue for more and more businesses. P1 explain the ethical issues a business needs to consider in its operational activities. • Begin by explaining your own understanding of the term “ethical issues” explaining...
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... Unit 37: Understanding Business Ethics Businesses are limited in what they do. Sometimes by laws and sometimes by the conventions and social codes we live by. Gathered together these are what we refer to as ethics and they can apply to every aspect of business behaviour. Whereas it could be argued that most laws have there origins in ethics, ethical behaviour, by individuals and business go beyond legal requirement and are discretionary, that is to say we can choose to follow them or not. Businesses have not always behaved ethically and many still do not. This unit examines what pressures there are on businesses to behave in an ethical manner. Learning outcomes On completion of this unit you should: 1 Understand the meaning and importance of ethics in the business world 2 Understand the implications of businesses operating ethically 3 Know the social implications of business ethics 4 Understand ethical concerns facing different communities. Context: You have been asked to research and draw up a report explaining business ethics for an organisation that is about to be floated on the stock exchange. The report will demonstrate an understanding of ethical business behaviour; the implications of it and why it is increasingly seen as such a serious issue for more and more businesses. P1 explain the ethical issues a business needs to consider in its operational activities. • Begin by explaining your own understanding of the term “ethical issues” explaining...
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...Ethical Guidelines for Statistical Practice Prepared by the Committee on Professional Ethics Approved by the Board of Directors, August 7, 1999 Executive Summary This document contains two parts: I. Preamble and II. Ethical Guidelines. The Preamble addresses A. Purpose of the Guidelines, B. Statistics and Society, and C. Shared Values. The purpose of the document is to encourage ethical and effective statistical work in morally conducive working environments. It is also intended to assist students in learning to perform statistical work responsibly. Statistics plays a vital role in many aspects of science, the economy, governance, and even entertainment. It is important that all statistical practitioners recognize their potential impact on the broader society and the attendant ethical obligations to perform their work responsibly. Furthermore, practitioners are encouraged to exercise "good professional citizenship" in order to improve the public climate for, understanding of, and respect for the use of statistics throughout its range of applications. The Ethical Guidelines address eight general topic areas and specify important ethical considerations under each topic. A. Professionalism points out the need for competence, judgment, diligence, self-respect, and worthiness of the respect of other people. B. Responsibilities to Funders, Clients, and Employers discusses the practitioner's responsibility for assuring that statistical work is suitable to the needs...
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...applies those traditions to specific value conflicts in the business world. A critical thinking component is included in the course. Specific problems relating to topics such as corporate responsibility, employee rights, and the nature of the free enterprise system, environmental concern and ethical business practices. In deciding how to act, managers reveal their inner values, test their commitment to those values, and ultimately shape their characters. In general, Ethics is both an academic “subject” and a thoughtful way of doing things. Theoretical Ethics is that branch of Philosophy concerned with determining what is right (with regard to principles and actions) and what is good (what ends or ideals are worth pursuing and what values are worth holding). Practical Ethics is the art or techne (know-how) of figuring out how to make things better rather than worse with regard to concrete or actual situations. Business Ethics is a type of applied ethics. As such, it is concerned with principles applied and actions taken in the workplace and the boardroom. At the same time, since business practice is inseparable from the rest of human life, Business Ethics has to take account of the well-being of human society and the natural environment. Aim: This module gives an opportunity to consider the ethical challenges that arise...
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...[pic] Braeside High School BTEC Extended Diploma in Business ( Marketing) Unit 37 Understanding Business Ethics Assignment brief 1: Ethical issues Assessor Mr. Zachaues Omwenga Date issued: 06/05/2015 Date of Submission: 29/05/2015 This assignment brief assesses |P1 explain the ethical issues a business needs to consider in its operational activities | |P2 explain the implications for the business and stakeholders of a business operating ethically | |P3 describe the social implications of business ethics facing a selected business in its different areas of activity | |M1 assess how a selected business could improve the ethics of their operations | |D1 evaluate the impact of a selected business’s ethical behaviour on stakeholders and the business. | Scenario Businesses are limited in what they do. Sometimes by laws and sometimes by the conventions and social codes we live by. Gathered together these are what we refer to as ethics and they can apply to every aspect of business behaviour. Whereas it could be argued that most laws have their origins in ethics, ethical behaviour, by individuals and business go beyond legal requirement and are discretionary, that is to say we can choose to follow them or not. You have been asked to research and draw up a...
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...[pic] Braeside High School BTEC Extended Diploma in Business (Marketing) Unit 37 Understanding Business Ethics Assignment brief 1: Ethical issues Assessor Mr. Zachaues Omwenga Date issued: 06/05/2015 Date of Submission: 29/05/2015 This assignment brief assesses |P1 explain the ethical issues a business needs to consider in its operational activities | |P2 explain the implications for the business and stakeholders of a business operating ethically | |P3 describe the social implications of business ethics facing a selected business in its different areas of activity | |M1 assess how a selected business could improve the ethics of their operations | |D1 evaluate the impact of a selected business’s ethical behavior on stakeholders and the business. | Scenario Businesses are limited in what they do. Sometimes by laws and sometimes by the conventions and social codes we live by. Gathered together these are what we refer to as ethics and they can apply to every aspect of business behaviour. Whereas it could be argued that most laws have their origins in ethics, ethical behaviour, by individuals and business go beyond legal requirement and are discretionary, that is to say we can choose to follow them or not. You have been asked to research...
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...order to make rational decisions. There are six different levels and each level is different. The first level is remembering; this level is the least important. It is basically remembering a fact from the past. Level two is understanding. Understanding is the level which explains what we remember and summarizes it. This level is the level of comprehension. The third level is applying. Applying is where you figure out how to make this work for you; how to implement a plan. The fourth level is analyzing. At this point, you take the information that you plan on utilizing and you separate it in a way that will be easier to understand and apply. The fifth level is evaluating. Level five is where you are going to apply the critical thinking. Here you will state if you agree or disagree, and you will need to supply the why of your decision by supplying examples and comments. The sixth and final step is creating. In this step you will create something new based on your idea. Creative thinking is a higher level of thinking. By using these thinking skills you will be able to make major life decisions. This includes ethical decisions that will affect your everyday life. Having good ethics is important in having solid critical thinking skills. After completing the Ethical Lens Inventory, I found that it was pretty much on point when it came to my assessment. The inventory for Core says “Autonomy and Sensibility”. This basically says that I listen to my intuition in order to determine the greater...
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...Unit Name: Business & Finance Ethics Unit Code: BBC1001 Year: 2015 Semester: 2 Location: City Flinders Prepared by: Dr Michelle Fong Welcome Welcome to this unit of study. This Unit Guide provides important information and should be kept as a reference to assist with your studies. This Guide includes information about your reading and resources, independent learning, class activities and assessment tasks. It is recommended that you read this Guide carefully: you will be expected to manage your learning as you work towards successful study. Detailed information and learning resources for this unit have also been provided on the Unit website on WebCT/VU Collaborate which can be reached via the Student Portal at vu.edu.au/student-tools/myvu-student-portal It is important that you access your Unit website regularly. Please also refer to information provided on the Student Portal that supports studying at VU. Acknowledgement of Country We respectfully acknowledge and recognise the traditional owners, their Elders past and present, their descendants and kin as the custodians of this land. Contents Welcome Acknowledgement of Country Introduction to the unit ............................................................................................................................................3 Key staff ............................................................................................................................................................3 Required readings...
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...Personal Ethical Statement Everitt D. Jackson Gen200 Donna Cooper June 27, 2012 As human beings there are core values we all must use that are generally help to resolve ethical conflicts. Simply understanding that many others have their own decision making skills gives us the insight on how to better view others thoughts and opinions. Ethical Lens Inventory can better be described as a tool to help identify the values which are most important to you as an individual while touching bases on what challenges or strengths one holds. By completing an Ethical Lens Inventory it permits whomever to observe their ethical issues clearly and come up with better solutions for things to come. Rights-Responsibility and results lens is the preferred ethical lens that best describes my overall personality. Rights-Responsibility and results lens is for the individual that can analyze or think a problem through before considering what actions are needed to be taken to end up with the best outcome. Looking at the images that depict the type of ethical lens you fall up, Rights-Responsibility and results lens is represented by a telescope. A telescope is used to look further then what the average human eye can, representing the skill to look into things in a more in depth manor. Seeing that the blind spot is the belief that motive justifies method or your own good is good enough is a statement that hits the nail right on the head. Finding reasons or actions to make yourself feel good about what...
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...Gen 200 Ethical Lens Inventory As humans we all have a set of core values that we apply when resolving ethical conflict, understanding others as well as our own decision making strategies allows us to respect each others point of view better. Ethical Lens Inventory is used as way to identify what values are more important to you as an individual and what their challenges and strengths are. The inventory allows you to see ethical issues clearly and learn how to resolve them better. Being aware that people have different priorities and different values helps to respects each other’s point of views. My personal preferred lens is Rights/responsibility and results lens. Rights/Responsibility Lens is for people who think thoroughly through a problem and options before taking action and choosing a decision-making strategy. The symbol for this lens is the Telescope. On a telescope you look beyond what is at your reach to determine what to do. The strength of this lens is considering all the options possible leading to a stronger decision making strategy for others and your self. Its weakness is over analyzing to find a solution and making it time consuming. Also when there are so many options in hand it can become overwhelming to choose one. Result Lens is for people who need their intuition to verify that their answer is not only correct but also fair. The symbol for this lens is the microscope. When using a microscope you analyze and examine before taking the next...
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...Ethical Lens Inventory As humans we all have a set of core values that we apply when resolving ethical conflict, understanding others as well as our own decision making strategies allows us to respect each others point of view better. Ethical Lens Inventory is used as way to identify what values are more important to you as an individual and what their challenges and strengths are. The inventory allows you to see ethical issues clearly and learn how to resolve them better. Being aware that people have different priorities and different values helps to respects each other’s point of views. My personal preferred lens is Rights/responsibility and results lens. Rights/Responsibility Lens is for people who think thoroughly through a problem and options before taking action and choosing a decision-making strategy. The symbol for this lens is the Telescope. On a telescope you look beyond what is at your reach to determine what to do. The strength of this lens is considering all the options possible leading to a stronger decision making strategy for others and your self. Its weakness is over analyzing to find a solution and making it time consuming. Also when there are so many options in hand it can become overwhelming to choose one. Result Lens is for people who need their intuition to verify that their answer is not only correct but also fair. The symbol for this lens is the microscope. When using a microscope you analyze and examine before taking the next step,...
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