BU288 Lecture Notes - Lecture 5: Gender Role, Whistleblower, Reward System
Document Summary
Ethics: systematic thinking about the moral consequences of decisions. Moral consequences can be framed in terms of the potential for harm to any stakeholders in the decision. Many managers agree that unethical practices occur in business 40-90% (cid:396)epo(cid:396)t that the(cid:455)"(cid:448)e (cid:271)ee(cid:374) pressured to compromise their ethical standards when making organizational decisions. Business students have looser ethical standards than practicing managers, especially mba students. Women seem to act more ethically than men, but research is mixed in terms of being morally aware. ***3 primary ethical principles/decision criteria: utilitarian: behaviour is ethical if it delivers the greatest good to the greatest # of people. Focus on outcomes, ends justify the means. Disadvantage: ignores rights of some people, difficult to apply to non-quantitative values: rights: behaviour is ethical if it respects the fundamental rights shared by all humans. Advantage: protects people from injury consistent with freedom and privacy.
