Knowledge Objectives - Social/Ethical Decisions in Management . Identify and describe the rationales for general ethical principles Discuss what management can do to improve business ethics Define corporate social responsibility and summarize the arguments pro and con.
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Ethical Hot Spots Management
Balancing work and family
Poor internal communications
Work hours, work load
Lack of management support
Need to meet sales, budget, or profit goals
Little or no recognition of achievements
Personal financial worries
Insufficient resourcesPractical Lessons from Business Ethics Research
Managerial Ranking of Values: Management
A sense of accomplishment
HappinessPersonal Values as Ethical Anchors (cont’d)
Contributive justiceGeneral Ethical Principles