The specific principles or values people use to decide what is right and wrong.
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Trolley Problem
A moral dilemma where you must choose between doing nothing and allowing five people to die or taking an action that will save the five but kill one person.
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Teleology
A moral philosophy where an act is considered right if it produces a desired result.
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Utilitarianism
A teleological philosophy that seeks the greatest good for the greatest number of people.
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Deontology
A moral philosophy that focuses on the rights of individuals and intentions behind actions.
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Categorical Imperative
The idea that an act is ethical if your rationale could become a universal principle.
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Relativist Perspective
The view that ethical behavior is derived subjectively from experiences.
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Virtue Ethics
A moral philosophy that argues ethical behavior involves conventional moral standards.
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Distributive Justice
A form of justice based on evaluating the outcomes of a business relationship.
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Procedural Justice
A form of justice that considers the processes producing a particular outcome.
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Interactional Justice
A form of justice based on relationships between organizational members.
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5 D’s of Ethical Analysis
Describe, discern, display, decide, defend.
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Heinz Dilemma
A moral dilemma about whether a man should steal a drug to save his dying wife.
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Ethical Issue Intensity
The relevance of an event or decision in the eyes of individuals or organizations.
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Locus of Control
The perception of how much control one has over events in their life.
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Blind Spot Model
A model suggesting wrongdoers are often unaware of the moral issues at stake.
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Veil of Ignorance
A thought experiment where principles are formulated without knowing one's future position.
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Difference Principle
Economic and social inequalities should benefit the least-advantaged members of society.
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Corporate Culture
Shared beliefs and values that influence employee behavior within an organization.
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Sarbanes-Oxley 404
A regulation requiring firms to assess and audit the effectiveness of their internal controls.
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Compliance Culture
A legalistic approach to ethics focused on adherence to codes of conduct.
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Values-Based Ethics Culture
A culture relying on a mission statement that defines core values and integrity.
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Differential Association
The idea that people learn behaviors through interactions with others.
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Whistle-Blowing
Exposing an employer’s wrongdoing to outsiders for potential financial incentives.
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Centralized Organization
An organization where decision-making authority is concentrated at the top levels.
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Decentralized Organization
An organization where decision-making authority is delegated down the chain of command.
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Group Norms
Standards of behavior that groups expect of their members.
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Asch Conformity Experiment
An experiment showing how people conform to group norms even if they are wrong.
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Milgram Experiment
An experiment demonstrating how people obey authority figures against personal morals.
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Groupthink
A phenomenon where groups prioritize harmony over critical thinking.