vocab
the moral principles that guide decision making
what is ethics
CSR (what does the acronym stand for)
what is corporate social responsibility
Executives who bankrupted the company made millions while employees and other invetors lost 74 billion dollars (unethical example)
what is Enron Corp
reduce, reuse and recycle
what is ethical
actions of ppl and organizations that are considered to be morally correct
what is business ethics
the belief that businesses are to make money, and the government is for social needs
what is self-interest (non-compliance)
exploited their employees and the work situation is categorized as a "sweatshop"
what was Nike Indonesia
exploitation of consumers (firm knowingly sells harmful products)
what is unethical
documented beliefs and philosophies of the business
what is code of practice
the belief that corporations should exhibit humanitarian and unselfish behavior
what is altruistic attitude
they have created an employment opportunity through logistics and passenger's transportation service with motor bikes and cars without owning any single vehicle
what is Gojek / Uber / Grab
financial dishonesty
what is unethical
organization's guiding values, create an environment that supports ethically sound behavior, and stress shared accountability
what is integrity-based ethics codes
the belief that businesses ought to be socially responsible and helps them become profitable (a long term approach)
what is strategic attitude creating shared values
this company embraces Central Java farmers to cultivate soy and becomes a supplier
what is kecap bango unilever
offering staff sufficient breaks
what is ethical
Insiders who report illegal or unethical behavior
What is whistle-blower
These businesses support at least one of the Sustainable Development Goals of the United Nations and becomes profitable
What is Flourishing Business
This company is the biggest hospitality industry in the world but do not own any of the properties
What is AirBnB
Giving souvenirs to government's employee
What is unethical / gratification / bribery