MAN 4701 Chapter Notes - Chapter 1: Foreign Corrupt Practices Act, Organizational Ethics, Business Ethics
Document Summary
1 the publicity and debate surrounding highly publicized legal and ethical lapses at well- known firms highlight the need for businesses to integrate ethics and responsibility into all business decisions. 2 codes, rules, and informal communications for responsible conduct are embedded in an organization"s operations. 3 ethical behavior in business requires understanding and identifying issues, areas of risk, and approaches to making choices in an organizational environment. 4 ethical blindness results from individuals who fail to sense the nature and complexity of their decisions. A crisis in business ethics: the ethics & compliance initiative global business ethics survey (gbes) measures workplace integrity as the pressure to compromise organizational standards, observed misconduct, reporting of misconduct when observed, and retaliation against reports. Specific issues: misuse of company resources, abusive behavior, harassment, accounting fraud, conflicts of interest, defective products, bribery, product knockoffs, and employee theft.
