ADM 3318 Chapter Notes - Chapter 4: Whistleblower, Corporate Social Responsibility, Noblesse Oblige
Document Summary
Ethical consideraion are afected by changes in: poliical environment, social-cultural environment, technological environment, economic environment, compeiive environment. Increased pressure in the new millennium for companies to behave ethically. Business ethics: accepted principles of right or wrong governing the conduct of business people. Ethical strategy: a strategy or course of acion that doesn"t violate these accepted principles. Ethical issues are rooted in the fact that poliics, laws, economics, and culture varies between cultures and countries. Ethical pracices in one country may be unethical in another. Mulinaional irms need to be sensiive to ethical diferences. Most common ib ethical issues: exchanges of money, employment pracices, human rights, environmental regulaions, corrupion, moral obligaions of companies. The technological environment makes ethical issues more intense. Developments and applicaions of technology can create ethical issues. Employment pracices are increasingly inluenced by outsourcing trends. Diicult to maintain proitability when using employees only from the home country of an organizaion.