Scribd Logo
Upload

Welcome to Scribd!

    • 39 views

    Meeting 2 Ethics & Social Responsibility: Strategic Management & Business Policy

    Uploaded by

    Obby Purba
    The document summarizes key concepts around ethics and social responsibility for businesses. It discusses that corporations have broader responsibilities to society beyond profit, and outlines Carroll's four types of corporate responsibilities. It also defines primary and secondary stakeholders and discusses ethical decision making, reasons for unethical behavior, approaches to encouraging ethical behavior, and monitoring of employee electronic activities.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd

    Meeting 2 Ethics & Social Responsibility: Strategic Management & Business Policy

    Uploaded by

    Obby Purba
    39 views23 pages
    The document summarizes key concepts around ethics and social responsibility for businesses. It discusses that corporations have broader responsibilities to society beyond profit, and outlines Carroll's four types of corporate responsibilities. It also defines primary and secondary stakeholders and discusses ethical decision making, reasons for unethical behavior, approaches to encouraging ethical behavior, and monitoring of employee electronic activities.

    Original Title

    strategik-meeting20

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    PPT, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The document summarizes key concepts around ethics and social responsibility for businesses. It discusses that corporations have broader responsibilities to society beyond profit, and outlines Carroll's four types of corporate responsibilities. It also defines primary and secondary stakeholders and discusses ethical decision making, reasons for unethical behavior, approaches to encouraging ethical behavior, and monitoring of employee electronic activities.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    39 views23 pages

    Meeting 2 Ethics & Social Responsibility: Strategic Management & Business Policy

    Uploaded by

    Obby Purba
    The document summarizes key concepts around ethics and social responsibility for businesses. It discusses that corporations have broader responsibilities to society beyond profit, and outlines Carroll's four types of corporate responsibilities. It also defines primary and secondary stakeholders and discusses ethical decision making, reasons for unethical behavior, approaches to encouraging ethical behavior, and monitoring of employee electronic activities.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    of 23

    Meeting 2 Ethics & Social Responsibility

    STRATEGIC MANAGEMENT & BUSINESS POLICY

    3-1

    Ethics & Social Responsibility

    3-2

    Corporate Governance

    Broader responsibility -Private corporations have responsibility to society that extend beyond making a profit

    3-3

    Social Responsibility

    Milton Friedman
    There is one and only one social responsibility of businessto use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open and free competition without deception or fraud.

    3-4

    Corporate Governance

    Carrolls 4 Responsibilities
    Economic Legal Ethical Discretionary

    3-5

    Carrolls 4 Responsibilities

    3-6

    Corporate Stakeholders

    Affect or are affected by the achievement of the corporations objectives

    3-7

    Corporate Stakeholders

    Stakeholder Analysis
    Primary stakeholder
    Sufficient bargaining power to affect outcomes

    Secondary stakeholder
    Indirect stake but are affected by corporations actions

    Stakeholder Input
    Determine whether input is necessary

    3-8

    Ethical Behavior

    business ethics
    Argument that there is no such thing it is an oxymoron

    3-9

    Ethical Decision Making

    Corporate practices -Massive write-downs and restatements of profit Misclassification of expenses as capital expenditures Pirating corporate assets for personal gain

    3-10

    Reasons for Unethical Behavior

    Provocative Question -Why are businesspeople perceived to be acting unethically?

    3-11

    Reasons for Unethical Behavior

    Perceptions caused by -Not aware of impropriety Cultural norms and values vary Governance systems based on rule or relationships Differences in values between businesspeople and key stakeholders

    3-12

    Reasons for Unethical Behavior

    Allport-Vernon-Lindzey Study of Values --

    Aesthetic Economic Political Religious Social Theoretical

    3-13

    Reasons for Unethical Behavior

    Most common reasons for bending rules -Organizational performance required it Ambiguous or out of date rules Pressure from others everyone else does it

    3-14

    Moral Relativism

    Morality is relative to some personal, social, or cultural standard and there is no method for deciding whether one decision is better than another.

    3-15

    Kohlbergs Levels of Moral Development

    1. Preconventional level
    Characterized by a concern for self
    Personal interest Avoidance of punishment

    3-16

    Kohlbergs Levels of Moral Development

    2. Conventional level
    Characterized consideration of societys values
    External code of conduct

    3-17

    Kohlbergs Levels of Moral Development

    3. Principled level
    Characterized by adherence to internal moral code
    Universal values or principles

    3-18

    Encouraging Ethical Behavior

    Codes of Ethics
    Specifies how an organization expects its employees to behave on the job.

    3-19

    Encouraging Ethical Behavior

    Guidelines for Ethical Behavior


    Ethics Morality Law

    3-20

    Encouraging Ethical Behavior

    Approaches to Ethical Behavior


    Utilitarian
    Judged by consequences

    Individual Rights
    Fundamental rights in all decisions

    Justice
    Distribution in equitable fashion

    3-21

    Encouraging Ethical Behavior

    Approaches to Ethical Behavior


    Categorical imperative
    golden rule Means - Ends

    3-22

    Strategy Bits

    192 U.S. companies surveyed -92% monitored employees use of e-mail/Internet


    26% monitored employees electronic activities all the time Almost none had checks in place to protect employees privacy

    3-23

    You might also like