* Amoral Behavior: Behavior exhibited by individuals with no sense of right and wrong and no interest in the moral consequences of their actions. (p. 64)
* Example: a sociopath, sometimes called a person without a conscience, and a very young child are called "amoral" because such people have no feeling or understanding of the concepts of right and wrong.
* Corporate Philanthropy: Donating some of profits or resources to charitable organizations. (p. 75)
* Example: Target donates 10% of their profit to local schools.
* Corporate social responsibility: Consists of five major areas: Employment standards, ethical sourcing, marketing issues, environmental concerns, and community policies. (p. 71-77)
* Example: Tyson foods has committed its brand to efforts to relieve and ultimately end childhood hunger, and in the past few years been integrating social media into its hunger relief efforts.
* Ethics: The moral choices people make. (p. 67-70)
* Example: Everyone agreed that the Congressman's conduct was morally repugnant and his excuses were intellectually dishonest, but the facts did not support an ethics violation.
* Legal compliance: Conducting a business within the boundaries of all the legal regulations of that industry. (p. 79)
* Example: In some companies there is a requirement that employers have workers compensation insurance.
* Whistleblower: An employee who reports misconduct, most often to an authority outside of a firm. (p. 80-81)
* Example: The CEO was sent to jail after a whistleblower who worked at the company leaked documents to the press proving illegal stock manipulation.
1. A person’s personal ethics is the principles that guide the decisions we make in our life. Life experiences offer all of us opportunities to develop our personal ethics. Sometime, our experiences lead us to...