10 Questions
What do ethics refer to in the context of business management?
Inner-guiding moral principles, values, and beliefs
What is the outcome of behaving ethically according to the lecture?
Gain of trust and reputation
What is occupational ethics concerned with?
How professionals conduct themselves in their line of work
What is individual ethics concerned with?
Personal standards and values
What is social responsibility in the context of business management?
Making decisions that promote stakeholder and society welfare
Which approach to social responsibility involves behaving unethically and illegally?
Obstructionist approach
What is the primary goal of companies adopting the defensive approach to social responsibility?
To strictly abide by legal requirements
Which approach to social responsibility involves balancing the interests of different stakeholders?
Accommodative approach
What is the key characteristic of companies adopting the proactive approach to social responsibility?
They go out of their way to learn about stakeholder needs
Which approach to social responsibility is the most desirable from a societal perspective?
Proactive approach
Study Notes
Ethics in Physical Therapy
- Ethics are inner-guiding moral principles, values, and beliefs that guide decision-making and behavior.
- Unethical behavior can lead to a loss of trust and reputation.
Trust and Reputation
- Trust is the willingness to have faith in another person's goodwill.
- Reputation is the high esteem gained when individuals or organizations behave ethically.
Sources of Ethics
- Societal ethics involve standards for dealing with issues like fairness, justice, poverty, and rights.
- Occupational ethics govern how professionals conduct themselves at work.
- Individual ethics are personal standards and values that guide responsibilities to others and self-interest.
- Organizational ethics are guiding practices and beliefs that determine a company's responsibility to stakeholders.
Social Responsibility
- Social responsibility is the duty to make decisions that protect and promote stakeholder and societal welfare.
- Approaches to social responsibility include:
- Obstructionist approach: ignoring social responsibility and behaving unethically and illegally.
- Defensive approach: complying with laws but not exercising social responsibility.
- Accommodative approach: balancing interests of different stakeholders.
- Proactive approach: embracing socially responsible behavior and promoting stakeholder interests.
This quiz covers the basics of ethics and trust in physical therapy management, including the nature of ethics, effects of ethical/unethical behavior, and the importance of trust and reputation.
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