Ethics

ethics-exam 1 definitions Chapter 1 Business Ethics-comprises the principles, values, and standards that guide behavior in the origination of business. Principles- specific and pervasive boundaries for behavior that are universal proposition and absolute. a lot become basis for rules. Ex: granting immunity of speech, civil by dearss, and rudiments of justice. Values- affaird to develop norms that are socially enforced. Ex: integrity, accountability, and trust. Consumers Bill of Rights-The chasten to safety, the right to be informed, the right to choose, and the right to be heard. cordial responsibility- and organizations engagement to maximize its positive equal on adventureholders and minimize its nix impact. Defense Industry gap on Business Ethics and Conduct- was developed to guide corporate support for respectable conduct. national Sentencing Guidelines for Organizations-set the tone for organizational ethical compliance programs in t he 1990s. pg. 14 Sarbanes-Oxley Act-made securities fraud a criminal annoyance and stiffened penalties for corporate fraud. It similarly created an accounting oversight board that requires corporations to frame codes of ethics for pecuniary reporting and to develop greater transparentness in fiscal reports to investors and other interested parties.

Ethical culture- the component of the decision-making process that employees use to determine whether their responses to ethical issues are right or wrong. Chapter2 Stakeholders-Customers, investors, and shareholders, employees, suppliers, organization agencies, communities, and many others who have a stake or submit! in some aspect of a companys products, operations, markets, industry, and outcomes. Primary Stakeholders- those whose continued association is absolutely necessary for a firms survival. Includes employees, customers, investors, and shareholders, as salubrious as governments and communities that volunteer necessary infrastructure. Secondary stakeholders-do not...If you want to embark on a full essay, order it on our website: BestEssayCheap.com

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