18 Questions
What are the special responsibilities that government organizations have towards citizens?
To act impartially and fairly protect all citizens, including the most vulnerable ones.
What are the two kinds of standards in Rules of Professional Ethics for professions?
Technical standards and Ethical principles.
What is the implicit grant that society provides to professions in exchange for self-regulation?
A degree of autonomy.
How do special obligations function for professionals?
As constraints to reduce the risk of misuse of power and knowledge.
What is the purpose of ethical principles in professional conduct?
To govern the conduct of members in their practice.
What does the text imply about the relationship between autonomy and special obligations?
Autonomy creates special obligations for a profession's members.
What is the primary purpose of any organization according to ethics and stakeholder theory?
Maximize the shareholder value
Explain the concept of Corporate Social Justice.
Ongoing commitment to achieve a vision of justice or equity in partnership with stakeholders.
How can companies leverage their influence to build a better world according to the text?
By rising to the occasion and using their influence positively.
Define the term 'stakeholder' in the context of business operations.
Any individual or group whose interests affect or are affected by the operations of a business.
How does paying attention to stakeholder needs contribute to ethically responsible behavior?
It leads to a stronger ethical environment and better interactions within and outside the organization.
What drives Corporate Social Justice according to the text?
The growing desire of socially-aware consumers and employees.
What concept implies that some principles and norms are valid for all human beings?
Universalism
In the stages of ethical consciousness in business, what stage focuses on profit maximization in the short-term?
Stage 3
What does the law of jungle stage represent in ethical consciousness?
Anything for profit
What theory deals with determining what is 'right', 'fair', 'proper', and 'just' in business decisions?
Ethics and Corporate Governance
Name one value associated with Universalism as mentioned in the text.
Equality
In the stages of ethical consciousness in business, what stage represents Corporate Citizenship?
Stage 6
Explore the responsibilities of individuals in organizations to uphold policy commitments, as well as the special obligations of government officials to act impartially and protect all citizens. Delve into the rules of professional ethics in corporate associations and media.
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