concern with moral issues and choices and deals with right and wrong behavior

It relates to choices and judgement about acceptable standards of conduct that guide the behavior of individuals and groups

Comprises the principles and standards that guide the behavior of individuals and groups in the world of business

is a problem, situation, or opportunity requiring an individual, group or organization to choose among several actions that must be evaluated as right or wrong, ethical or unethical

Classification of Ethical Issues

Types of Fraud (3)

Can be related to physical threat, false accusations, annoying a coworker, profanity, insults yelling, harshness and ignoring someone to being unreasonable and the meaning of these words can be different depending on the person's perspective

Associated with a hostile workplace when someone or a group considered a target threatened, harassed belittled, verbally abused or overly criticized

Relates to distorting the truth.

Types of Lying

Includes joking without malice, that is told in order to avoid hurting someone's feeling

Creating a perception or belief by word that intentionally deceive the receiver of the message (lying about being at work)

Involves intentionally not informing the receiver of material facts.

Is the situation when an individual must choose whether to advance his or her own interests, those of his/her organization, or those of some other group

Any false communication that deceives, manipulate or conceals facts to create a false impression when others are damaged or denied a benefit

When an individual engages in deceptive practices to advance his or her own interest over those of the organization or some group

Accountants are bound to follow regulations but are faced with issues like reduced fees

The intentional misrepresentation or deceit during the process of creating, distributing, promoting, and priving products

Occurs when consumers attempt to deceive business for their own gain

Typically involves an employee who assists the consumer fraud

May involve a consumer staging an accident in a grocery store and then seeking damages against the store for it's lack of attention to safety

The practice of unfairly treating a person or group of people differently from other people or groups of people

Can be defined as any repeated, unwanted behavior of sexual nature perpatrated upon one individual by another

Understanding the Ethical Decision –Making Process

Individuals make ethical choices on the basis of their own concepts of right or wrong and they act accordingly in their daily lives

Principles or rules that individuals apply in deciding what is right or wrong

A person's principles and values that define what is moral or immoral

Classification of moral philosophy

A class of moral philosophy that considers a decision right or acceptable if it accomplishes a desired result such as pleasure, knowledge, career, growth, the realization of self interest or utility

A philosophy that defines right or acceptable conduct in terms of the consequences for the individual

A consequential philosophy that is concerned with seeking to find the greatest good for the greatest number of people

A class of moral philosophy that focuses on the rights of individuals and on the intentions associated with a particular behavior rather than on its consequences

Is a class of moral philosophy that relates to evaluations of fairness or the disposition to deal with perceived injustice of others

3 types of justice

Evaluates the outcome or results of a business relationship

The process and activities employed to procedure an outcome or results.

Concerns about compensation would relate to the perception that salary and benefits decisions were consistent and fair to all categories of employees

Evaluates the communication processes used in the business relationship

Psychologist proposed that the people progress through stages in their development or moral reasoning

Stages of moral development

Suggest that people may change their moral beliefs and behavior as they gain education and experience in resolving conflicts and this helps accelerates their progress

The willingness to exert high levels of effort to reach organizational goals conditioned by the efforts ability to satisfy some individual needs

3 major relevant motives or needs in work situation

Ethical choices in business are most often made jointly in committee and work groups or in conversations with co worker

Is a set of values, beliefs, goals, norms and rituals shared by members or employee handbook, codes of conduct...

Focusses specially on issues of right and wrong

Determines whether an individual perceives an issue as having an ethical component

Includes superiors, peers and subordinates in the organization who influence the ethical decision making process

A guide of principles designed to help professionals conduct business honestly and with integrity

Outline the mission and values of the business or organization, how professionals are supposed to approach problems

Referred to as an "ethical code" may encompass areas such as business ethics, a code of professional practice and an employee code of conduct

6 pillar of characters

kind of consequentialism

A set of conditions that limit barriers or provide rewards

There is no place in an organization for those who suddenly become accepting of the ethical standards only after they have been caught violating them

He said that there are 3 major relevant motives or needs in work situations