DESOTO HIGH SCHOOL BUSINESS MANAGEMENT MGMT – CHAPTER 4: ETHICS AND SOCIAL RESPONSIBILITY VOCABULARY Ethics Ethical behavior Workplace deviance Production deviance Property deviance Employee shrinkage Political deviance Personal aggression Ethical intensity Magnitude of consequences Social consensus Probability of effect Temporal immediacy Proximity of effect Concentration of effect Pre-conventional level of moral development Conventional level of moral development Post-conventional level of moral development Principle of long-term self-interest The set of moral principles or values that defines right and wrong for a person or group Behavior that conforms to a society’s accepted principles of right and wrong Unethical behavior that violates organizational norms about right and wrong Unethical behavior that hurts the quality and quantity of work produced Unethical behavior aimed at the organization’s property or products Employee theft of company merchandise Using one’s influence to harm others in the company Hostile or aggressive behavior toward others The degree of concern people have about an ethical issue The total harm or benefit derived from an ethical decision Agreement on whether behavior is bad or good The chance that something will happen that results in harm to others The time between an act and the consequences the act produces The social, psychological, cultural, or physical distance between a decision maker and those affected by his or her decisions The total harm or benefit that an act produces on the average person The first level of moral development, in which people make decisions based on selfish reasons The second level of moral development, in which people make decisions that conform in societal expectations The third level of moral development, in which people make decisions based on internalized principles An ethical principle that holds that you should never take any action that is not in your or your organization’s long-term self-interest Principle of personal virtue Principle of religious injunctions Principles of government requirements Principle of utilitarian benefits Principle of individuals rights Principle of distributive justice Overt integrity test Personality-based integrity test Whistleblowing Social responsibility Shareholder model Stakeholder model Stakeholders Primary stakeholder Secondary stakeholder Economic responsibility SEMESTER EXAM – STUDY GUIDE FALL 2013 An ethical principle that holds that you should never do anything that is not honest, open, and truthful and that you would not be glad to see reported in the newspapers or on TV An ethical principle that holds that you should never take any action that is not kind and that does not build a sense of community An ethical principle that holds that you should never take any action that violates the law, for the law represents the minimal moral standard An ethical principle that holds that you should never take any action that does not result in greater good for society An ethical principle that holds that you should never take any action that infringes on others’ agreed-upon rights An ethical principle that holds that you should never take any action that harms the least fortunate among us; the poor, the uneducated, the unemployed A written test that estimates job applicants’ honesty by directly asking them what they think or feel about theft or about punishment of unethical behaviors A written test that indirectly estimates job applicants’ honesty by measuring psychological traits, such as dependability and conscientiousness Reporting others’ ethics violations to management or legal authorities A business’s obligation to pursue policies, make decisions, and take actions that benefit society A view of social responsibility that holds that an organization’s overriding goal should be profit maximization for the benefit of shareholders A theory of corporate responsibility that holds that management’s most important responsibility, long-term survival, is achieved by satisfying the interests of multiple corporate stakeholders Persons or groups with a “stake” or legitimate interest, in a company’s actions Any group on which an organization relies for its long-term survival Any group that can influence or be influenced by a company and can affect public perceptions about the company’s socially responsible behavior A company’s social responsibility to make a profit Page 2 Legal responsibility Ethical responsibility Discretionary responsibilities Social responsiveness Reactive strategy Defensive strategy Accommodative strategy Proactive strategy SEMESTER EXAM – STUDY GUIDE FALL 2013 by producing a valued product or service A company’s social responsibility to obey society’s laws and regulations A company’s social responsibility not to violate accepted principles of right and wrong when conducting its business The social roles that a company fulfills beyond its economic, legal, and ethical responsibilities Refers to a company’s strategy to respond to stakeholders’ economic, legal, ethical, or discretionary expectations concerning social responsibility A social responsiveness strategy in which a company does less than society expects A social responsiveness strategy in which a company admits responsibility for a problem but does the least required to meet societal expectations A social responsiveness strategy in which a company accepts responsibility for a problem and does all that society expects to solve that problem A social responsiveness strategy in which a company anticipates a problem before it occurs and does more than society expects to take responsibility for and address the problem Page 3