Podcast
Questions and Answers
What is the primary focus of compliance-based codes of ethics?
What is the primary focus of compliance-based codes of ethics?
- Ensuring adherence to laws and regulations (correct)
- Promoting cultural values within the organization
- Facilitating open communication among employees
- Encouraging individual moral judgment
Which of the following best describes an ethical dilemma?
Which of the following best describes an ethical dilemma?
- A conflict between personal values and organizational policies (correct)
- A straightforward decision with limited consequences
- An event that has no ethical implications
- A situation where the right course of action is clear
In the context of sustainable business practices, which of the following is not a component of corporate social responsibility?
In the context of sustainable business practices, which of the following is not a component of corporate social responsibility?
- Minimizing environmental impact through ethical practices
- Investing in employee training and development
- Reducing corporate profits to benefit society (correct)
- Engaging in community development initiatives
What is a key challenge in ethical decision-making at the workplace?
What is a key challenge in ethical decision-making at the workplace?
Which principle emphasizes the importance of confidentiality in professional settings?
Which principle emphasizes the importance of confidentiality in professional settings?
Flashcards
Code of Ethics
Code of Ethics
A set of guidelines that outlines expected behavior based on principles like honesty, fairness, and respect. It provides a framework for decision-making and guides actions within an organization.
Ethical Dilemma
Ethical Dilemma
A situation where an individual faces a difficult choice between two or more conflicting ethical options, often with no easy solution.
Green Practices
Green Practices
The practice of being environmentally conscious and sustainable in business operations. This involves reducing waste, conserving resources, and minimizing the impact on the environment.
Corporate Social Responsibility (CSR)
Corporate Social Responsibility (CSR)
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Employee Relationship at Workplace
Employee Relationship at Workplace
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Study Notes
Module 1: Principles of Ethics
- Ethical Principles: Foundational concepts guiding professional conduct.
- Compliance-Based Code: Focuses on strict adherence to rules and regulations, avoiding legal issues.
- Values-Based Code: Emphasizes ethical values and integrity, promoting responsible actions.
- Professional Obligations: Responsibilities associated with a particular professional role.
- Regulatory Authority Role: Monitoring and enforcement of rules and policies.
- Respect for Privacy: Protecting personal information and ensuring data security.
- Confidentiality: Maintaining privacy and avoiding unauthorized disclosure of sensitive data.
- Informed Consent: Obtaining agreement from individuals before involving them in research or procedures.
- Debriefing: Explaining the study's purpose and procedures to participants after completion.
Module 2: Ethical Issues and Practices at Workplace
- Ethical Dilemmas: Situations requiring individuals to make choices between conflicting values or options.
- Challenges in Ethical Decision-Making: Difficult factors and obstacles in making ethical choices in a work environment.
- Redressal of Grievances: Procedures for resolving complaints and addressing employee concerns.
- Employee Rights: Rights protected by law and company policies, including fair treatment and safety.
- Conflicts of Interest: Situations where an individual's personal interests might conflict with their professional duties.
- Employee Relationships: Maintaining positive and professional interactions within the workplace.
Module 3: Sustainable Practices
- Green Practices: Environmental-friendly actions and initiatives.
- Ethics to Handle VUCA Environment: Applying ethical principles in uncertain, volatile, complex, and ambiguous situations.
- Importance of Sustainability: Long-term viability and responsible use of resources.
- Sustainable Business Practices: Integrating sustainability into core business operations.
- Corporate Social Responsibility (CSR): Actions and initiatives aimed at benefiting society and the environment.
- Inclusive Development: Policies and practices that ensure opportunities and benefits are accessible to all.
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Description
Explore the foundational ethical principles that guide professional conduct, including compliance and values-based codes. Delve into workplace ethical dilemmas, privacy concerns, and the importance of informed consent in research and procedures. Test your knowledge of the responsibilities professionals have concerning ethics and confidentiality.
