Ch. 2 Ethics

Front

moral standards for judging whether something is right or wrong

Back

Ethics

Front

situation where someone must choose between a set of actions that may be ethical or unethical.

Back

Ethical Issue

Front

what is fair according to prevailing standards of society

Back

Justice

Front

consequences of an action taken by a person or organization

Back

Utilitarianism

Front

The philosophy that says people should meet their obligations and duties when analyzing an ethical dilemma.

Back

Deontology

Front

provides employees with the knowledge of what their firm expects in terms of their responsibilities and behavior toward fellow employees, customers, and suppliers

Back

Code of Ethics

Front

Acting in an ethical manner is one of the four components of the pyramid of _____________, which is the concern of businesses for the welfare of society as a whole.

Back

Corporate Social Responsibility

Front

individuals or groups to whom a business has a responsibility.

Back

Stakeholders

Front

includes cash contributions, donations of equipment and products, and support for the volunteer efforts of company employees

Back

Corporate Philanthropy

Front

Some investors are limiting their investments to securities (e.g., stocks and bonds) that coincide with their beliefs about ethical and social responsibility

Back

Social Investing