Boh4M Chapter 3 Key Terms

Front 1

Accommodative strategy

Back 1

Accept social responsibility and tries to satisfy economic, legal, and ethical criteria

Front 2

Code of ethics

Back 2

Is a formal statement of an organization's values and beliefs

Front 3

Corporate governance

Back 3

Is the oversight of top management by a board of directors

Front 4

Corporate social responsibility

Back 4

Is the obligation of an organization to serve its own interests and those of society as well as stakeholders

Front 5

Cultural relativism

Back 5

Suggest that there is no one right way to behave, ethical behavior is determined by its cultural context

Front 6

Defensive strategy

Back 6

Seeks protection by doing the minimum legally required

Front 7

Distributive justice

Back 7

Is concerned that people are treated the same regardless of personal characteristics

Front 8

Ethical behavior

Back 8

Is right or good in the context of governing moral code

Front 9

Ethical dilemma

Back 9

Is a situation that, although offering potential benefit or gain, may be considered as unethical

Front 10

Ethical imperialism

Back 10

Is an attempt to impose one's ethical standards on other cultures

Front 11

Ethics

Back 11

Set standards of good or bad, right or wrong, and one's conduct

Front 12

Ethics training

Back 12

seeks to help people understand the ethical aspects of decision-making and to incorporate High ethical standards into their daily behavior

Front 13

Individualism view

Back 13

Ethical behavior advances long-term self-interest

Front 14

Instrumental values

Back 14

Are preferences regarding the means to desired ends. example honesty, ambition, courage, imagination, self-discipline

Front 15

Interactional Justice

Back 15

Is the degree to which others are treated with dignity and respect

Front 16

Justice view

Back 16

ethical behavior treats people impartially and fairly

Front 17

Lobbying

Back 17

Expresses opinions and preferences to government officials

Front 18

Moral rights view

Back 18

Ethical behavior respects and protects fundamental rights

Front 19

Obstructionist strategy

Back 19

Avoid social responsibility and reflects mainly economic priorities

Front 20

Organizational stakeholders

Back 20

Are directly affected by the behavior of the organization and hold a steak and its performance. For example, employees customers suppliers owners competitors regulators and interest groups

Front 21

Political action committee

Back 21

collect money for political campaigns and seek to influence governments to adopt favorable policies toward business by raising money and donating it to support political candidates

Front 22

Proactive strategy

Back 22

Meets all the criteria of social responsibility, including discretionary performance

Front 23

Procedural Justice

Back 23

Is concerned that policies and rules are fairly applied

Front 24

Social responsibility audit

Back 24

Assesses an organization's accomplishments in areas of social responsibility

Front 25

Terminal values

Back 25

Are preferences about desired end States. For example, self-respect, family security, freedom, inner Harmony, and happiness

Front 26

Universalism

Back 26

Suggest ethical standards apply absolutely across all cultures

Front 27

Utilitarian view

Back 27

Ethical behavior delivers the greatest good to the majority

Front 28

Values

Back 28

Broad beliefs about what is appropriate behavior

Front 29

Whistleblower

Back 29

Exposes the misdeeds of others in organizations