based on the belief that all moral decisions are deeply personal and that individuals have the right to run their lives.
____ relativism.
proposes actions and plans should be judged by their consequences. _____ approach.
one’s rules of personal behavior based on religious or philosophical grounds.
produce goods and services of value to society so that the firm may repay its creditors and increase the wealth of its shareholders. ____ responsibility.
employees who report illegal or unethical behavior on the part of others.
the consensually accepted standards of behavior for an occupation, trade, or profession.
claims that morality is about some personal, social, or cultural standard and that there is no method for deciding whether one decision is better than another. ____ relativism.
based on a belief that morality is simply a matter of following the norms of an individual’s peer group. ____ relativism.
an overarching strategy explicitly articulating the firm’s ethical relationship with its stakeholders.
proposes that a private corporation has responsibilities to society that extend beyond making a profit.
_____ sustainability is the rates of renewable resource harvest, pollution creation, and non-renewable resource depletion that can be continued indefinitely.
the formal codes that permit or forbid certain behaviors and may or may not enforce ethics or morality.
have an interest in the business and affect or are affected by the achievement of the firm’s objectives.
____ sustainability refers to practices that support long-term economic growth without negatively impacting social, environmental, and cultural aspects of the community.
the goodwill of key stakeholders, that can be used for competitive advantage.
based on the belief that morality is relative to a particular culture, society, or community. ____ relativism.