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 oecumenical and absolute. a lot become basis for rules. Ex: freedom of speech, civil by dearss, and rudiments of justice. Values- gived to develop norms that are socially enforced. Ex: integrity, accountability, and trust. Consumers Bill of Rights-The in effect(p) to safety, the right to be informed, the right to choose, and the right to be heard. cordial responsibility- and organizations bargain to maximize its positive equal on adventureholders and minimize its cast out impact. Defense Industry gap on Business Ethics and Conduct- was developed to guide corporate support for respectable conduct. federal Sentencing Guidelines for Organizations-set the tone for organizational ethical compliance programs in the 1990s. pg. 14 Sarbanes-Oxley Act-made securities fraud a criminal annoyance and stiffened penalties for corporate fraud. It alike created an accounting oversight board that requires corporations to frame codes of ethics for fiscal 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, political science agencies, communit ies, and many others who have a stake or di! rect 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 yield necessary infrastructure. Secondary stakeholders-do not...If you want to embark on a full essay, order it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay