ADMS 3660 Study Guide - Final Guide: Moral Agency, Quran, The Whistleblower
Document Summary
When we are studying morality we are doing ethics". It is the discipline that deals with good and bad and moral duty and obligation. Can also be regarded as a set of moral principles. Morality refers to the standards that an individual or group has about what is right or wrong, good or evil. Business ethics is a specialized study of moral right or wrong. It concentrates on moral standards as they apply to business policies, institutions, and behaviour. Corporate social responsibility refers specifically to a description and moral evaluation of the impact that an organization has on society. Society: a community, a nation, or a broad grouping of people having common traditions values institutions and collective activities and interests. Environment: often refers to the macro environment, includes the total environment outside the firm, the total societal context in which the organization resides. View of the environment by fahey and narayanan: 4 segments: social, political, economic and technological.