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SOCIAL RESPONSIBILTY AND ETHICS (ETHICAL DECISION MAKING (Moral Relativism…
SOCIAL RESPONSIBILTY AND ETHICS
SUSTAINABILITY
Include economic & social as well as environmental concerns.
Corporate Stakeholder
ETHICAL DECISION MAKING
Moral Relativism
Naive
Role
Social
Cultural
Kohlberg's level of moral development
The preconventional level
The conventional level
The principled level
Reason of unethical behavior
rules were ambiguous or out of date
pressure from others & everyone does it
organizational performance required it
Codes of Ethics : specifies how on organization expects its employees to behave while on the job
VIEWS ON ETHICAL BEHAVIOUR
Kant's Principles
Ethics
: The concensually accepted standards of behaviour for an occupation, a trade or a proffession
Ethical Behaviour Approaches
Individual Rights
Justice
Utiliarian
SOCIAL RESPONSIBILITIES OF STRATEGIC DECISION MAKERS
Responsibilities of a business firm
Friendman's Traditional View of Business Responsibility
Carroll's Four Responsibilities
Legal
Ethical
Discretionary
Economic
STAKEHOLDERS ANALYSIS
3 Steps Process
Identify secondary stakeholders
Estimate the effect on each other stakeholder group from any particular decision
Identify primary stakeholders
NUHA SYARIF 120310170074