The extent to which members of an organization follow basic ethical standards of behavior is

Beliefs about what is right and wrong or and bad in actions that affects others.

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Refers to ethical or unethical by employees in the context of their jobs.

Behavior conforming to generally accepted social norms concerning beneficial and harmful actions.

Behavior that does not conform to generally accepted social norms concerning beneficial and harmful actions.

Does a particular act optimize the benefits to those who are affected by it? (Do all relevant parties receive "Fair" benefits.)

Does it respect the rights of all individuals?

Is it consistent with what's fair?

Is it consistent with peoples responsibilities to each other?

The attempt of a business to balance its commitments to groups and individuals in its environment, including customers, other businesses, employees, investors and local communities.

Organizational Stake Holders

Those groups, individuals, and organizations that are directly affected by practices of an organization and who therefore have a stake in its performance.

Standards of behavior that guide individual managers in their work.

Two or more firms collaborate on such wrongful acts as price fixing.

The Concept of Accountability

The expectation of an expanded role for business in protecting and enhancing the general welfare of society.

Using confidential information to gain from the purchase or sale or stocks.

Involves doing as little as possible and may involve attempts to deny or cover up violations.

A company actively seeks opportunities to contribute to the well being of groups and individuals in its social environment.

The establishment of laws or rules that dictate what organizations can and cannot do.

Political Action Committees

Special organizations created to solicit money and then distribute to political candidates.

The use of persons or groups to formally represent an organization of group of organizations before political bodies.

The extent to which the organization conforms to local,state,federal and international laws.

The awarding of funds of gifts to charities or other worthy causes.

Systematic analysis of a firms success in using funds ear market for meeting its social responsibly goal.

97) What is the extent to which members of an organization follow basic ethical and legalstandards of behavior?A) Social responsibilityB) NormsC) ValuesD) Ethical complianceE) Legal complianceAnswer:DDifficulty:Moderate

approach to social responsibility by which a company, if specifically asked to do so, exceeds legal minimums in its commitments to groups and individuals in its social environment

ethical or unethical behaviors by employees in the context of their jobs

illegal agreement between two or more companies to commit a wrongful act

form of social activism dedicated to protecting the rights of consumers in their dealings with businesses

systematic analysis of a firm's success in using funds earmarked for meeting its social responsibility goals

approach to social responsibility by which a company meets only minimum legal requirements in its commitments to groups and individuals in its social environment

behavior conforming to generally accepted social norms concerning beneficial and harmful actions

the extent to which the members of the organization follow basic ethical (and legal) standards of behavior

beliefs about what is right and wrong or good and bad in actions that affect others

illegal practice of using special knowledge about a firm for profit or gain

the extent to which the organization conforms to local, state, federal, and international laws

the use of persons or groups to formally represent an organization or group of organizations before political bodies

standards of behavior that guide individual managers in their work

approach to social responsibility that involves doing as little as possible and may involve attempts to deny or cover up violations

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Organizational Stakeholders

those groups, individuals, and organizations that are directly affected by the practices of an organization and who therefore have a stake in its performance.

the awarding of funds or gifts to charities or other worthy causes

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Political Action Committees (PACs)

special organizations created to solicit money and then distribute it to political candidates

approach to social responsibility by which a company actively seeks opportunities to contribute to the well-being of groups and individuals in its social environment

the establishment of laws and rules that dictate what organizations can and cannot do

the attempt of a business to balance its commitments to groups and individuals in its environment, including customers, other businesses, employees, investors, and local communities

behavior that does not conform to generally accepted social norms concerning beneficial and harmful actions

employee who detects and tries to put an end to a company's unethical, illegal, or socially irresponsible actions by publicizing them