Making ethical decisions and managing a socialy responsible business

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Making ethical decisions and managing a socialy responsible business by Mind Map: Making ethical decisions and managing a socialy responsible business

1. RESPONSIBILITIES TO STAKEHOLDERS

1.1. Stakeholders

1.1.1. individuals or groups to whom a business have responsibility

1.1.1.1. employees

1.1.1.1.1. responsable of providing jobs to employees

1.1.1.2. costumers

1.1.1.2.1. satisfy the costumer

1.1.1.3. investors

1.1.1.3.1. social investing

1.1.2. responsability to

1.1.2.1. society

1.1.2.1.1. corporate philanthropy

1.1.2.2. environment

2. UNDERSTANDING BUSINESS ETHICS

2.1. Ethics: moral standard of judging what’s right or wrong.

2.1.1. Ethical issue:choosing between two action that may be ethical or unethical

2.1.1.1. Recognizing unethical business activities

2.1.1.1.1. 1. taking things that don’t belong to you

2.1.1.1.2. 2.saying things you know are not true

2.1.1.1.3. 3. giving or allowing false impression

2.1.1.1.4. 4.buying influence or engaging in a conflict of interests

2.1.1.1.5. 5.hiding or divulging information

2.1.1.1.6. 6.taking unfair advantage

2.1.1.1.7. 7.committing improper personal behavior

2.1.1.1.8. 8.abusing power and mistreating individuals

2.1.1.1.9. 9.permitting organizational abuse

2.1.1.1.10. 10.violating rules

2.1.1.2. Personal philosophies and legal factors that influence the choices when confronting ethical dilemmas

2.1.1.2.1. justice

2.1.1.2.2. Utilitarianism

2.1.1.2.3. Deontology

2.1.1.2.4. Individual rights

3. TREND IN ETHICS AND CORPORATE SOCIAL RESPONSIBILITY

3.1. Changes in corporate philanthropy

3.1.1. The practice of charitable giving by corporations; contributing cash, donations, and volunteer support.

3.2. Social contract between employer and employee

3.3. global ethics and social responsibility

3.3.1. The concern of businesses for the welfare of society as a whole; consists of obligations beyond those required by law or contracts.

4. HOW ORGANIZATIONS INFLUENCE ETHICAL CONDUCT

4.1. Leading by example

4.2. Offering ethics training programs

4.3. Establishing a formal code of ethics

4.4. making the right decision

4.4.1. the feeling test

4.4.1.1. ¿How does that makes me feel?

4.4.2. the newspaper or social media test

4.4.2.1. How a reporter would describe your decision on a front page,or an online/social media platform

5. MANAGING A SOCIALLY RESPONSIBLE BUSINESS

5.1. understanding social responsibility

5.1.1. legality

5.1.2. responsibility

5.1.2.1. legal responsibilities

5.1.2.2. economic responsibilities

5.1.2.3. Philanthropic responsibilities

5.1.2.4. ethical responsibilities

5.1.3. legal and responsible behavior

5.1.4. Irresponsible but legal behavior

5.1.5. Illegal and irresponsible behavior

5.2. -what an organization can do for society

5.3. - what an organization does for society