B A 242 Study Guide - Midterm Guide: Deterrence Theory, Ss United States, Malden Mills
Document Summary
Note: orange passages refer to case studies presented in the readings, purple = in class. During my test, there were very few questions relating to the case studies, especially those in the readings, but they can help you to understand the fundamentals (that are tested) better. Key rule of thumb: ethical behavior is both morally good and profitable. Managers serve as models, the tone at the top is critical . Ethical lapses are results of culture, not necessarily rogues. Studies: managers value comfortable, exciting life, intellectual, responsible / new ceos focus on short- term profits / only 25% emphasize moral values. Trend: mba"s (future ceos) 80% now value ethics. Focus on possessing character traits these will naturally guide towards ethical decisions. Focus on way of being, habits rather than rules. Media focus, government pressure, and maturity of business institutions. Study: embracing spirituality productivity up, turnover down, less fearful, more ethical, more committed to work.
