SOCIAL RESPONSIBILITY AND MANAGERIAL ETHICS
·
What is
social obligation?
Social
obligation involves a firm engaging in social actions because of its obligation
to meet certain economic and legal responsibility.
·
What is
social responsiveness?
Social
responsiveness involves a firm engaging in social actions in response to some
popular social need.
·
What is
social responsibility?
Social
responsibility is a business’s intention to pursue long-term goals that are
good for society.
·
What is
socioeconomic view?
The
view that management’s social responsibility goes beyond making profits and
includes protecting and improving society’s welfare.
·
What is
green management?
A
form of management in which managers consider the imoact of their organization
on the natural environment.
·
What is
ethics?
Ethics
refers to the principles, values, and beliefs that define right and wrong
decisions and behavior.
·
What are the
factors that influence wheteher a person behaves ethically or unethically?
The
factors that affect ethical and unethical behavior are:
1.
An individual’s level of moral
development (proconventional, conventional, or principled)
2.
Individual characteristics (values
and personality variables—ego strength and locus control)
3.
Strutural variables (structural
design, use of goals, performance appraisal systems, and reward allocation
procedures)
4.
Organizational culture (shared
values and cultural strength)
5.
Issue intensity (greatness of
harm, consensus of wrong, probability of harm, immediacy of consequences,
proximity to victims, and concentration of effect)
·
What
managers need to know about international ethics?
Because
ethical standards are not universal, managers should know what they can do and
can not do legally, according to the laws of their home countries. It is also
important to recognize any cultural differences and to clarify ethical
guidelines for managers and employees.
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