58 Cards in this Set
| Front | Back |
|---|---|
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Ethics
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normal standards, generally accepted rules of conduct that govern society
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Normative Standards
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How we behave, on average
How we treat each other
Expectations on contracts beyond legal interpretation
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Three Layers of Business Ethics
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-Basic Values (honesty)
-Notions of fairness (how we treat others)
-Issues related to community and the environment
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Blanchard and Peale
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Is it legal? Is it ethical?
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Laura Nash and Perspective
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How would I view the problem if I sat on the other side of the fence?
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Compliance
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Are you violating any laws?
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Contribution
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What does this action contribute to my customers, shareholders, bondholders, employees, community, and suppliers?
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Consequences
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How will this action affect me, my company, my family, our employees, and our shareholders?
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Enlightened Self-Interest
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Manager is responsible first to shareholders but serves them best by being responsible to larger society.
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Inherence
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Serve shareholders
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The Social Responsibility School
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-Manager should serve larger society
-Become involved in all types of political and social issues
-Encourage managers to be involved
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Categorical Imperative
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How would you want to be treated?
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Christian Principle
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The Golden Rule
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Confucius
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What you do not want done to yourself, do not do to others.
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Aristotle
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We should behave to our friends as we wish our friends to behave to us.
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Judaism
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What you hate, do not do to anyone.
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Buddhism
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Hurt not others with that which pains thyself.
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Islam
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No one of you is a believer until he loves for his brother what he loves for himself.
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Hinduism
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Do nothing to thy neighbor which though wouldst not have him do to thee.
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Sikhism
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Threat others as you would be treated yourself.
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Plato
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May I do to others as I would that they should no unto me.
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International Business
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Interdependence of trust, business and government
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Trial Courts
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-Place where case begins
-Jury hears cases and decides disputed issues of face
-single judge presides over case
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Appellate Courts
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-Review actions of trial court
-Usually have published opinions for uniformity and consistency
-No trials held- panel of judges hears case
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En banc
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Full bend hears case
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Where are there nine judges instead of the general three?
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U.S. Supreme Court level
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Affirm
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no reversible error and decision stands
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Reverse
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Reversible error and decision is reversed
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Remand
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Error that requires further proceedings
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Modify
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Change ruling of lower court
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Judicial review and case precedent
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the doctrine of stare decisis
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Precedent
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previous decisions
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Plaintiffs
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Initiate the lawsuit; called petitioners in some cases
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Defendants
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Alleged to have violated some right of the plaintiff; party named in the suit for recovery
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Lawyers
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Those who act as advocates for plaintiffs and defendants
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Judges
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Can control proceedings or outcomes; can be elected or appointed
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Trial Judge
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presides over trial
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Appellate Judge
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hears appeal from trial court
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Appellant or Petitioner
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Party appealing the lower court's decision
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Appellee or Respondent
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Party who won below and is not appealing
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Federal District Court
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General trial court of the federal system
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General Trial Court
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Usually called superior, circuit, district, or county court
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Small Claims
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Lesser damage claims, no lawyer
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Traffic Courts
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For citations
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Probate Courts
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For wills, guardianships, conservatorships, etc.
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Venue
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Location of court in the system within a jurisdiction
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EU Courts
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Court of Justice of European Communities; European of Human Rights
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Arbitraton
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Oldest form of ADR; parties submit grievances and evidence to a third party expert in an informal setting
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Minitrial
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Small-scale trial where parties present case to a judge with experience in the field or to a neutral advisor
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Rent-A-Judge
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Trial held in commercial as opposed to a public court
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Summary Jury Trials
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Gives parties an idea about jury's perceptions
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Early Neutral Evaluation
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Consultant or volunteer gives parties an assessment of the position
|
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Peer Review
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Review of Management's action against employee by a group of peer-employees
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International Chamber of Commerce
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A private organization that handles 250 arbitration cases each year
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Center for Settlement of Investment Disputes
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An international arbitral for investors
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Jury Trial
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-required in cases where damages over $20 are claimed
-absolute right to jury trial is only in criminal cases
-jurors selected from voting or drivers' license lists
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Voir Dire
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Used to narrow jurors for panel
-ask questions about their knowledge of the case, level of education, background, etc.
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Jury Verdict
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Decisions of the jury
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BA 200: EXAM 1