Name __Lauren Sutherland__Chapter 41. What are ethics?Ethics are standards behavior accepted by society as right versus wrong2. How do ethics differ from legality?Ethics differ from legality because ethics is the moral behavior and society as right vs wrong. While legality is the state of being according to the law3. When faced with ethical dilemmas, what questions can you ask yourself that might help you make ethical decisions?Some question I could ask myself when facing an ethical decision is my action legal, is it balanced, how will it make me feel about myself.4. Describe an ethical dilemma you have faced and how you handled it.An ethical dilemma I have faced was when my grandma gave me a Christmas presentI didn’t like. My grandma asked if I liked it and I told her yes because I didn’t want tohurt her feelings. 5. What are compliance-based and integrity-based ethics codes?Compliance based cods are emphasize preventing unlawful behavior by increasing control and by penalizing people. While integrity based cods defines an organizations values, create an environment that supports ethically sound behavior and stress a shared accountability. 6. What are the six steps to follow in establishing an effective ethics program in a business?Top management must adopt and unconditionally support an explicit corporate cod ofconduct, employees must understand that senior management expect all employees act ethically, managers and others must be trained to consider the ethical implications of all business decision, ethics office must se up with which employees can communicate anonymously, involve outsiders, ethics code must be reinforced.7. What is corporate social responsibility, and how does it relate to each of the business’s major stakeholders?Corporate social responsibility concerns businesses have for welfare of society and not just the owners. How it relates to business’s major stakeholders is corporate philanthropy (charitable donations), corporate social initiative (companies competencies), corporate responsibility (hiring minority works to make safe products,and corporate policy (position a firm takes on social and political issues). 8. What is a social audit, and what kinds of activities does it monitor?A social audit is a systematic evaluation of an organizations progress toward implementing socially responsible and responsive programs. Some type of activities itmonitors is customers, union official, and environmentalist.9. How are U.S. businesses demanding socially responsible behavior from their international suppliers?How U.S businesses are demanding socially responsible behavior from international suppliers is they are now demanding that international suppliers don’t violate U.S. human rights and environmental standards. 10. Why is it unlikely that there will be a single set of international rules governing multinational companies soon?It is unlikely that there will be a single set of international rules governing multinational companies soon since there is a widespread disparity among global nations to what constitutes ethical
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