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Ethics and Law
HSM230
Principles or Standards of conduct
Trust, Honesty and Respect
Stable ethics go beyond personal ethics
Ethical reasoning
Organizational Ethics
Rational thinking and performance
Form an organization into a community
Lead to a better helpful environment
Increase public confidence
Ethics Inspire to….
Individual approach – individual responsibility
Communal approach – group responsibility
Anyone could face an ethical dilemma
Leaders, customers
Employees, regulators
Media
Approaches
Approaches toward Organizational Ethics
Ethics inorganizations
Individual approach
Communal Approach
Corporate social responsibility (CSR).
Relationship between different companies
Organizational ethics
Ethics
Respect and trust among employees
Employees give attention to organization
Values and ethics are not inherited.
Business ethicsMutual Understanding
Businesses are governed by laws.
Commercial law or business law.
Address problems more clearly.
Organizational lawsPolicies and Procedures
Rules or guidelines
Minimum standards delivered for organizations
Businesses actions measured through organizational law
Imposed by high level positions
Laws
Offer guidelines for management
No business gets special treatment
Rules and regulations towards: finances employees production
Benefits from laws
Organizational Laws and Ethics
Errors in one are provided by the other
In order to achieve ethical behavior laws are required
Legal compliance needs ethics
Laws - what we can do
Ethics - what we should do.
Businesses require bothLaws and Ethics
Ethics in Organizations (2008). Retrieved on ----------from: http://www.scu.edu/ethics/publications/iie/v2n1/homepage.html
The Relationship between Law and Ethics, and the Significance of the Federal Sentencing Guidelines for Organizations (2008). Retrieved on -----------from: http://www.ethicaledge.com/quest_2.html
References