COMM101 Lecture Notes - Lecture 5: Corporate Social Responsibility, Paradigm Shift, Protection Mechanism

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Ignore baggers or give money to them (either right, but depends on what you think it right. ) Definition: individual standards/beliefs regarding what is right and wrong or good and bad. Importance: individual ethics decides not only who the individual becomes but also how he or she can interact successfully in the society. Definition: standards of behaviors that guide individual managers in their work. Corporate social responsibility (connect to strategy in diamond-e with respect to how stakeholder needs are addressed) A manager"s individual ethics in terms of personal judgment of rightness and wrongness, preference, etc. will influence the behavior and decision making of the manager in the workplace which is managerial ethics. The managerial ethics preferences influence strategy with respect to. Approaches to ethical dilemmas (individual decision-making is depends on situations and/ or manager: rights approach: do not violate basic/legal rights (ie. steal is wrong, utilitarian.

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