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3 levels
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Preconventional, Conventional, Postconventional (autonomous, principled)
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Teleological approach
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decisions based on consequences
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Utilitarianism
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Decides based on action for greatest amount of good
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Deontological approach
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Moral judgments are made and moral reasoning occurs independently of consequences
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Wages, child workers, conditions for workers, hours, freedom of association
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250 million + children 5-17 work
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Some companies wont trade, others are trying to establish responsibile policies (IKEA)
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UN Global Compact
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establishes guidelines for appropriate behavior in human rights (labour, enviro, anti-corruption)
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Competitive advantage
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Avoid bad image
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Relativism
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Ethical truths depend on the groups holding them
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Normativism
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there are universal standards of behavior that all cultures should follow
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Law is inadequate
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Unethical not always illegal, laws slow to develop, not efficent, subject to courts, based on imprecise morals
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Legal justification is appropriate
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Law = many of a countys morals, clearly defined rules, enforcable to all, reflects careful and wide discussions
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Extraterritoriality
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Imposing domestic legal and ethical practices in foreign headquarteres
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Increase in good conduct due to transperancy
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Individuals will develop skills to address ethical issues
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Social media will impact
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Better leaders will impact
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Corruption
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Misuse of power for gain
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Bribes
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Common in govs and to public officals. Common in Russia, China and Italy
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The environment
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Protect air, soil and water from contamination during manufacturing
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Natural resources
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Preserve non renewable, and use renewable
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Sustainability
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Meeting needs of present without compromising the ability of future generations to do so
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Kyoto Protocol
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Signed to require countries to cut greenhouse gas emissions to 5.2% below 1990. Some are doing more some have not ratified (US, China, India)
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Bad behaviour consequences
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Legal, boycotts, low morale, drops in sales
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Code of conduct
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Sets expectations, communicates them, ensures followed through, reports to external stakeholders
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Cheatography n. The art of mapping complex subjects into clear, instantly navigable reference guides.
