Ethical Behavior and Decision-Making

A set of flashcards covering key vocabulary related to ethical behavior and decision-making in organizations.

Ethical Behavior

Acting according to accepted rules, values, and standards of society.

Ethical Decision-Making Process

A series of steps including identifying the ethical issue, collecting information, evaluating the effects on stakeholders, and choosing the best action.

Utilitarian Approach

Choosing the action that gives the most benefit to the largest number of people.

Rights-Based Approach

Respecting and protecting people's rights regardless of the outcome.

Justice Approach

Focusing on fairness and equal treatment for everyone.

Virtue Ethics

Making decisions based on good character and moral values.

Formal Systems

Official rules like codes of ethics, policies, and training in an organization.

Informal Systems

Unwritten behaviors, such as peer influence and daily habits, that show how things actually work.

Moral Development Level

The progression of an individual's reasoning about right and wrong.

Whistleblower

A person who reports illegal or unethical actions within an organization.

Code of Ethics

A document that outlines the ethical standards and expectations within an organization.

Training Programs

Programs designed to teach employees about ethical behavior and decision-making.

Leadership Example

The practice of leaders acting ethically to set a standard for others.

Consequences of Misaligned Systems

Confusion about what is right, increased unethical behavior, weakened trust and morale, and potential legal issues.