Unit 1: Ethics and culture in business

involving two or more different culture and their ideas and customs

cross cultural

a system of accepted beliefs that control behavior, especially such a system based on morals

ethics

a personal or social set of standard for good or bad behavior and character, or the quality of being right, honest or acceptable

morality

a set of rules that members of an organization or people with a particular job or position must followav

code of conduct

the beliefs people have about what is right and wrong and what is the most important in life which control their behavior

values

understanding and kindness towards other peopleodc

humanity

the ethical principles that govern decisions and behavior at a company or organisation

code of ethics

moral rule or standard of good behaviorism

principle

an idea that is wrong because it has been based on a failure to understand a situationulc

misconception

the way of life, especially the general customs and beliefs of a particular group of people at a particular time, or music, art, theatre, literature,…

culture

business ethics

the moral principles, policies and values that govern the way businesses and individuals engage in business activity

cruelty-free

(of cosmetics or other commercial products) manufactured or developed by methods that do not involve experimentation on animals

ethical dilemmas

ethical crossroads

dignity

the fact of being given honor and respect by people

unethical practices

refers to conduct when an individual, a professional, or a company does anything deemed inappropriate because they are against the social standardsuh

humane handling

the implementation of methods to handle and slaughter animals in a more compassionate manner ensures that establishments minimize the possibility of needless injuries and suffering of livestock

animal testing malpractices

inappropriate animal testing - some examples related to this: experiments on animals, rearing and killing animals for food/fur/leather goods, hunting,…us

sustainable business practices

a business practice that is economically viable, socially responsible and environmentally friendly

malpractices

careless, wrong or illegal behaviors while in a professional job

boycott

to refuse to buy, use or take part in sth as a way of protesting

an organization’s values, ethics, visions, behaviors and work environment

corporate culture

a set of guiding principles and fundamental beliefs that help team work toward a common business goal

organizational values

the public image and perception of a business or brand

corporate image

it includes the study of the influence of societal culture on managers and management practice as well as the study of the cultural orientations of individual managers and organization members

cross-cultural management

the culture where the company has a family-like atmosphere with a focus on mentoring, nurturing, teamwork and togetherness

clan culture

the corporate culture that focuses on high-achieving talent and trailblazing achievements

elite culture

a dynamic and entrepreneurial approach that values risk-taking and an innovation culture

adhocracy culture

the culture where employees must adhere to established best practices and processes are controlled in a top-down fashion

hierarchy culture

the culture where employees are expected to adopt a competitive mindset and focus on achieving strong individual performance that maximizes profitability for their organization

market culture

corporate culture approach that emphasizes collaborative, nonhierarchical structure

horizontal corporate culture