Key Terms Chapter 1 An Overview of Ethics Chapter 1 Page 1

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Chapter 1 An Overview of Ethics
Ethics in Information Technology, Second Edition
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Key Terms
¾ code of ethics – highlights and organization’s key ethical issues and identifies the
overarching values and principles that are important to the organization and its decision
making.
¾ corporate ethics – broadly defined to include ethical conduct, legal compliance, and
corporate social responsibility.
¾ corporate ethics officer – a senior-level manager who provides vision and direction in
the area of business conduct. The corporate ethics officer may have a background in
human resources, finance, auditing, law, security, or line operations.
¾ ethics – a set of beliefs about right and wrong behavior which conforms to generally
accepted social norms, many of which are almost universal.
¾ Ethics Officer Association (EOA) – an association of managers of ethics, compliance,
and business conduct program which provides ethics officers with training, conferences
and meetings for exchanging best practices with other ethics officers.
¾ integrity – one of the cornerstones of ethical behavior. A person who acts with integrity
acts in accordance with a personal code of principles.
¾ moral code – a set of rules that establish the boundaries of generally accepted behavior.
¾ moral principles – statements of what a person believes to be rules of right conduct.
¾ morality – refers to social conventions about right and wrong that are so widely shared
that they become the basis for an established consensus.
¾ risk – the product of multiplying the likelihood of an event by the impact of its
occurrence.
¾ social audit – a review of a company’s ethical lapses committed in the past and the
establishment of directives for avoiding similar missteps in the future.
¾ stakeholder – someone who stands to lose or gain from how a situation is resolved. An
organization’s stakeholders include shareholders, employees, customers, suppliers, and
the community.
¾ value system – the complex scheme of moral values by which a person lives.
¾ vices – habits of unacceptable behavior.
¾ virtues – habits that incline people to do what is acceptable.
Chapter 1
Page 1
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