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  1. Study with Quizlet and memorize flashcards containing terms like Personal values and moral character play key roles in improving a company's ethical performance., In most companies, a moral atmosphere cannot be detected., In a benevolence ethical climate, the interests of the company's employees and external stakeholders most likely would be ...

  2. Term. The shared value approach, which refers to organizational policies and practices that both enhance the economic success of the organization while advancing the economic and social conditions in the communities in which the company operates, is also known as:

  3. quizlet.com › study-guides › organizational-ethics-ffa20ac1-246c-4e03-91ab-0ddf8c5Organizational Ethics Study Guide - Quizlet

    4 Οκτ 2024 · Basics about the company and its business, crucial elements and operationalization of CR, and critical evaluation based on ethical, economic, and formal criteria. Ethical Criteria. Assessing business-specific responsibilities and evaluating if the CR strategy addresses them sufficiently.

  4. The authors suggest four ways to make being good as easy as possible: Connect ethical principles to strategies and policies, keep ethics top of mind, reward ethical behavior through a variety...

  5. Codes of Ethics. What makes Mayo Clinic's value statement particularly effective? The definition of each organizational value. When developing and communicating clear standards of conduct, the code should: Provide illustrations and guidelines, particularly in "gray" areas.

  6. Which of the following statements is decisive in determining whether or not to study business ethics? A) Business managers don’t need to study ethics in order to know how to treat employees, shareowners, and customers. B) Business and ethics simply don’t mix.

  7. When we are judging the fairness of decisions, three major factors often come into play. These are economics, equality, and justice. At the heart of many issues that concern ethics and fairness are perceptions of justice. Obedience to the law is usually sufficient to fulfil one's ethical duties.