Show
Recommended textbook solutions
Ways of the World: A Global History3rd EditionRobert W. Strayer 232 solutions America's History for the AP Course8th EditionEric Hinderaker, James A. Henretta, Rebecca Edwards, Robert O. Self 470 solutions Tonal Harmony, Workbook8th EditionByron Almen, Dorothy Payne, Stefan Kostka 1,387 solutions The Language of Composition: Reading, Writing, Rhetoric2nd EditionLawrence Scanlon, Renee H. Shea, Robin Dissin Aufses 661 solutions Recommended textbook solutionsU.S. History1st EditionJohn Lund, Paul S. Vickery, P. Scott Corbett, Todd Pfannestiel, Volker Janssen 567 solutions Tonal Harmony, Workbook8th EditionByron Almen, Dorothy Payne, Stefan Kostka 1,387 solutions The Language of Composition: Reading, Writing, Rhetoric2nd EditionLawrence Scanlon, Renee H. Shea, Robin Dissin Aufses 661 solutions
Ways of the World: A Global History3rd EditionRobert W. Strayer 232 solutions Recommended textbook solutions
The Language of Composition: Reading, Writing, Rhetoric2nd EditionLawrence Scanlon, Renee H. Shea, Robin Dissin Aufses 661 solutions
U.S. History1st EditionJohn Lund, Paul S. Vickery, P. Scott Corbett, Todd Pfannestiel, Volker Janssen 567 solutions Tonal Harmony, Workbook8th EditionByron Almen, Dorothy Payne, Stefan Kostka 1,387 solutions America's History for the AP Course9th EditionEric Hinderaker, James A. Henretta, Rebecca Edwards, Robert O. Self 961 solutions Stakeholders are people and groups who have a claim on and a stake in a company. The main stakeholder groups are stockholders, managers, employees, suppliers and distributors, customers, and the community, society, and nation. Companies and their managers need to make ethical business decisions that promote the wellbeing of their stakeholders and avoid doing them harm. To determine w hether a business decision is ethical, managers can use four ethical rules to analyze it: the utilitarian, moral rights, justice, and practical rules. Managers should behave ethically because this avoids the tragedy of the commons and results in a general increase in efficiency, effectiveness, and company performance. The main determinants of differences in a manager's, company's, and country's business ethics are societal, occupational, individual, and organizational. Sets with similar termsAre the moral principles and beliefs about what is the right or appropriate way to behave?Moral principles or beliefs about what is the right or appropriate way to behave are known as ethics. Customers are often regarded as the most important stakeholder group. Trust refers to the esteem or high repute that people or organizations gain when they behave ethically.
Are a set of beliefs about what is right and wrong?Ethics is based on well-founded standards of right and wrong that prescribe what humans ought to do, usually in terms of rights, obligations, benefits to society, fairness, or specific virtues.
Which ethical rule says that benefits and harms should be distributed among people and groups in a fair equitable and impartial way?Distributive justice refers to the extent to which society's institutions ensure that benefits and burdens are distributed among society's members in ways that are fair and just.
When applying the moral rights rule managers should choose the course of action that best protects and upholds their personal rights?According to the moral rights rule, managers should choose the course of action that best protects and upholds their personal rights. FALSE- Moral Rights Rule= o Under the moral rights rule, managers should choose the course of action that best protects and upholds the rights of all stakeholders.
|