week 3 notes mgmt
week 3 notes mgmt MGMT 301
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This 2 page Class Notes was uploaded by Evangelos Katradis on Sunday February 7, 2016. The Class Notes belongs to MGMT 301 at Pennsylvania State University taught by Ronald Johnson in Winter2015. Since its upload, it has received 21 views.
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Date Created: 02/07/16
Chapter 3: Ethics in Business Teaching ethics? awareness>judgement>behaivor Personal Organizational National Global Ethics resource center 4% down Observed Misconduct (41%) 2% down reported of observed misconduct (63%) 4% down Perceived Pressure to commit a misconduct (9%) 1% down perceived retaliation from misconduct report (21%) Ethics: Basic Definition 1. Set up principles 2. Right conduct 3. Underlying Values Moral reasoning: a) individualism personal interest b) moral rights fundamental rights c) utilitarian great good for most d) justice fairness & impartially Ethical decision making: 1. awareness 2. facts 3. stakeholders 4. standards 5. values 6. actions Kolberg’s Levels of Moral Development: Level 1: Self a)punish> reward Level 2: Social (other) good law Level 3: All (priniciples) fairness universal
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