ADMS 3660 Study Guide - Midterm Guide: Relativism, Making Money, Starbucks

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Document Summary

Week 1: introduction to business ethics and social responsibility: business ethics a disciple that deals with what"s right and what"s wrong, what"s just and. From the manager to the company to the external environment. From the external environment to the corporate level. Social, and technology environment: pluralism a condition in which there is diffusion of power among the society"s many groups and organizations. A pluralistic society is one in which there is wide decentralization and diversity of power concentration. : strengths of pluralistic social system. Prevent power from being concentrated in the hands of few. Provide for a built-in set of checks & balance so that no single group dominate: weakness of pluralistic social system. Creates an environment in which diverse institutions pursue their own self- interests, with the result that there is no central direction to unify individual pursuits.