ADM 1301 Study Guide - Final Guide: United Nations Global Compact, World Trade Organization, International Labour Organization
16 Dec 2016
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Document Summary
Its any decision that may: benefit some and harm others, that affects that rights of some and denies the rights of others. Act in a way that generate greatest benefit for largest number of people. Emphasis on consequences: utilitarian ethic, ethic of justice. Act in a way that a similar decision would be reached by others. Individual rights: ethic of caring, universal rules ethic. Act in a way that is open, honest, truthful, proud. Act with wisdom, temperance, humility, courage, justice. Value judgments subjective evaluations of what is considered important: based on how managers intuitively feel about the goodness or rightness of various goals. Moral standards the means by which individuals judge their actions and the actions of others: based upon accepted behaviour in society. Influences become the bases for an individual"s value judgments and moral standards that determine behaviour. Influences on individuals: corporate on individuals, economic efficiency influences. Statement of values: code of conduct, ethics training.
