ethics final hopefully correct

Term

Definition

Responsible / Responsibility

"Being answerable for actions

Levels of Ethical Responsibility

"Three levels: do not cause harm (must)

CSR Economic Model

"Managers focus on profits and legal duties

CSR Stakeholder Model

"Businesses consider interests of all stakeholders including employees

CSR Integrative Model

"Business blends social goals with profit goals as part of core strategy."

Managerial Capitalism

"The idea that managers should maximize shareholder wealth within the law."

Fiduciary Duty

"Managers have a legal duty to act in shareholders' best interest."

Corporate Sustainability Report

"A report showing a firm's financial

Self Interest and Reputation Management

"Companies use CSR to protect reputation and long-term interests."

The Pesticide Playbook

"A strategy where firms defend harmful products by attacking science."

Privacy

"The right to control personal information or be left alone."

Ethical Sources of Privacy

"Privacy comes from autonomy

Reciprocal Obligation

"Employers respect employee rights

Hypernorms vs Moral Free Space

"Hypernorms are universal moral rules; moral free space allows cultural differences."

Legal Sources of Privacy

"Privacy protected by constitution

Electronic Communications Privacy Act

"A law limiting unauthorized access to electronic communications with employer exceptions."

Intrusion into Seclusion

"A tort where someone intentionally invades private affairs offensively."

Reasonable Expectation of Privacy

"With notice

Limits on Employer Monitoring

"No secret monitoring

GDPR

"EU law requiring transparency

EU Privacy Shield

"Framework for transferring EU data to the U.S. with protections."

Ethical Issues of Monitoring

"Privacy loss

Rationale for Employer Monitoring

"Employers monitor for safety

Ethics of Drug Testing

"Debate balancing safety vs privacy and fairness."

HIPAA and GINA

"HIPAA protects health data; GINA bans genetic discrimination."

Rationale to Limit Monitoring

"Limits reduce burnout

Hawthorne Effect

"People work better when they know they are being observed."

Regulation of Off Work Behavior

"Employers may regulate off-duty behavior only if job-related."

Marketing

"Creating

Four Ps of Marketing

"Product

Ethical Framework for Marketing

"Check if exchange is voluntary

Product Safety and Liability

"Companies must sell safe products and may be liable for harms."

Caveat Emptor vs Implied Warranty

"Buyer beware vs product must be reasonably safe to use."

Contract Law vs Tort Law

"Contract law enforces promises; tort law covers duties and harms."

Negligence

"Failure to use reasonable care causing harm."

Strict Liability

"Liability for harm even without negligence

Incentive vs Accountability Argument

"Liability encourages safety; accountability means firms pay for harms caused."

Ethics of Advertising and Sales

"Concerns about deception

Consumer Autonomy in Advertising

"Ads can manipulate desires and reduce free choice."

Marketing to Vulnerable Populations

"Extra care needed when marketing to children or vulnerable groups."

Supply Chain Responsibility

"Companies may be responsible for supplier actions they influence."

Ethics Marketing and Consumerism

"Marketing can drive overconsumption and harm society or environment."