ALL THAT GOOD STUFF
Refers to those values, norms, beliefs, and expectations that determine how people within a culture live and act.
What is Ethics?
As an ethical theory it holds that all people act only from self-interest and it falls under the Consequentialist umbrella of theories.
What is Egoism?
A process to identify potential events that may affect the entity, and manage risk to be within its risk appetite, to provide reasonable assurance regarding the achievement of entity objectives.
What is Risk Assessment?
It is to encourage the development and diffusion of environmentally friendly technologies.
What is the Environment as found in the UN Global Compact Ten Principles?
It is a decision-making omission occurring when decision-makers fail to notice gradual changes over time.
What is Change Blindness?
Those beliefs that incline us to act or to choose in one way rather than another, and that can involve different types such as financial, religious, legal, historical, nutritional, political, scientific, and aesthetic.
What are Values?
An ethical theory that tells us we can determine the equal significance of any action by looking to the consequences of that act; typically identified with the policy "the greatest good for the greatest number."
What is Utilitarianism?
It is a process used which considers the following: 1) the likelihood of being challenged in court; 2) the likelihood of losing the case; 3) the likelihood of settling for financial damages; 4) a comparison of these costs; 5) the financial benefits of taking the action; and 6) the ethical implication of the options available.
What does Risk Assessment consider?
It is to work against corruption in all its forms, including extortion and bribery.
What is Anti-Corruption as found in the UN Global Compact Ten Principles?
It is when we happen to focus on or are told specifically to pay attention to a particular element of a decision or event, we are likely to miss all of the surrounding details, no matter how obvious they may be.
What is Inattentional Blindness?
It refers to the aspects of ethics involving personal, individual decision-making.
What is Morality?
An important perspective within the philosophical study of ethics that holds that ethical values and judgments are ultimately dependent on, or relative to, one's culture, society, or personal feelings and where relativism denies that we can make rational or objective ethical judgments.
What is Ethical Relativism?
Individuals within a business setting are often in situations in which they must make decisions both from their own personal point of view and from the perspective of the specific role they fill within the institution; ethically responsible decisions require the recognition that these perspectives can conflict and that a life of moral integrity must balance personal values with the professional role-based values and responsibilities.
What is Personal and Professional Decision-Making?
It is to uphold the freedom of association and the effective recognition of the right to collective bargaining.
What are Labour Standards as found in the UN Global Compact Ten Principles?
It is the tendency to ignore, or the lack of the ability to recognize, ethical issues in decision-making.
What is Normative Myopia?
Those properties of life that contribute to human well-being and a life well lived, and include such things as happiness, respect, dignity, integrity, freedom, companionship, and health.
What are Ethical Values?
From the Greek "self-ruled," it is the capacity to make free and deliberate choices; it is what explains the inherent dignity and intrinsic value of individual human beings.
What is Autonomy?
It is a framework for ethics that grounds decision-making in fundamental principles such as justice, liberty, autonomy, and fairness, and asserts that individual rights and duties are fundamental and thus can also be referred to as a rights-based or duty-based approach.
What is the Principle-Based Framework?
They are to support and respect the protection of internationally proclaimed human rights.
What are Human Rights as found in the UN Global Compact Ten Principles?
It is when one is facing an ethical decision; it is the ability to envision various alternative choices, consequences, resolutions, benefits, and harms.
What is Moral Imagination?
An approach to ethics that studies the character traits or habits that constitute a good human life, a life worth living; it is these virtues that provide answers to the basic ethical question of "What kind of person should I be?"
What are Virtue Ethics?
They are those obligations that one is bound to perform, regardless of consequences, and may be derived from basic ethical principles, from the law, or from one's professional role.
What are Duties?
It requires a persuasive and rational justification for a decision which is developed through a logical process of decision-making that gives proper attention to such things as facts, alternative perspectives, consequences to all stakeholders, and ethical principles.
What is the Ethical Decision-Making Process?
It is the effective abolition of child labour.
What are Labour Standards as found in the UN Global Compact Ten Principles?
These are experiences that are interpreted through our own understanding and concepts, but psychologists and philosophers have long recognized that individuals cannot perceive the world independently of their own conceptual framework thus ethical disagreements can depend as much on a person's conceptual framework as on the facts of the situation.
What are Perceptual Differences?