1. Ethical Systems Ethics Environment Ethics Strategies Corporate Social
Responsibility
Ethical
Events
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2. A system of rules
that governs the
ordering of values

3. What is ethics?

4. A system that believes that all people should uphold certain values
common to all societies

5. What is universalism?

6. to decide what is right and wrong
What people use
to decide what is right and wrong

7. What is moral philosophy?

8. maximizes individual consequences
A belief system that
maximizes individual consequences

9. What is egoism?

10. This system does the greatest good for the greatest number of people

11. What is utilitarianism?

12. Theorist of virtue ethics with a multistage
model for what a “mature” person
with good moral character would do in
certain situations

13. Who is Kohlberg?

14. “Weather” or not a company determines right & wrong

15. What is ethical climate?

16. A law requiring leaders be held accountable for the accuracy of their
public financial records

17. What is the Sarbanes-Oxley Act?

18. Danger signs of bad organizational
ethical behavior

19. What are emphasis of short term revenue
focus, lack of an ethics program, quick fixes,
doing the legal or public affairs minimum,
lack of ethics procedures, favoring
Shareholders over all others,
frequent fines, etc.

20. A written statement that says the organization
will do the right thing

21. What is as Ethics Code?

22. System that uses strict rules, auditing,
monitoring, punishment, and other
safeguards to prevent, detect, and
punish legal violations to be ethical.

23. What is a compliance-based
ethics program?

24. external “tattletale” who tells others of wrongdoing
Term for an internal or
external “tattletale” who
tells others of wrongdoing

25. What is a “whistleblower”?

26. Company mechanisms designed to instill in people a personal
responsibility for
ethical behavior

27. What is integrity-based ethics?

28. This magazine conducts an annual survey of corporate reputations

29. What is Fortune?

30. Even cowardly lions need this to confront ethical wrongdoing

31. What is courage?

32. Corporate Social Responsibility

33. What is a perceived obligation towards society assumed by business

34. The correct bottom-to-top hierarchical order
of ethical responsibility, philanthropic
responsibility, legal responsibility, and
economic responsibility

35. What is economic, legal, ethical, and philanthropic responsibility?

36. “ A Theory of Moral Sentiments”, he said, “the wise and virtuous
In his other book,
“ A Theory of Moral Sentiments”,
he said, “the wise and virtuous
man is at all times willing
that his own private interest
should be sacrificed to
public interest” if required
by circumstances.

37. Who is Adam Smith?

38. This Nobel economist said “The social responsibility of
business is to increase profits”.

39. Who is Milton Friedman?

40. Famous Harvard professor who said
“The essential test that should guide CSR
is not whether a cause is worthy,
but whether it presents an
opportunity to create shared
value—that is, a meaningful
benefit for society that
is also valuable to the business.”

41. Who is Michael Porter (w/ Mark R. Kramer)?

42. Another term for “cradle-to-grave” or “womb to tomb” that
analyzes environmental impact

43. What is a life-cycle analysis?

44. Location of Union Carbide’s worst environmental incident

45. Where is Bhopal, India?

46. a fortune to protect their customers from harm to maintain consumer
Maker of “Tylenol” that spent
a fortune to protect their customers
from harm to maintain consumer
confidence and integrity

47. Who is Johnson and Johnson?

48. He made off with $65 billion of investor assets and was sentenced
to 150 years in prison

49. Who is Bernie Madoff?

50. Texas energy giant that almost folded
and lost enormous shareholder value
due to improper reporting
of financial information

51. Who is ENRON?