MGMT 2100 Chapter Notes - Chapter 3: Corporate Social Responsibility, Habitat, Reverse Discrimination
5 May 2015
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3. 1 the community of stakeholders inside the organization. Stakeholders are those people or organizations who are affected by the actions of an organization. Managers generally operate in two environments- internal and external. 3. 2 the community of stakeholders outside the organization. External stakeholders are those in the external environment. There are typically two types of external environments:- 3. 3 the ethical responsibilities required of you as a manager. Managers have to often make choices where their organization can benefit greatly from acts that may have unethical or illegal connotations. They have to judiciously choose what to do in situations like this. Ethics are the standards of right and wrong that can play a role in affecting behavior. Ethical behavior is that which complies with the acceptable code of ethics. The pattern on values in an organization is called value system. Values are deeply held beliefs that guide a person"s behavior. 3. 4 the social responsibilities required of you as a manager.
