Ethics & Social Responsibility

Introduction

Vocabulary Card Matching

Ethics

Rules of behavior based on a group’s ideas about what is right and wrong

Example...

Example...

Code

Of

Ethics

Document that dictates how a business should be conducted

Integrity

Honesty of a person’s actions.

Example...

People who lie on their resume

Example....

Code Of Conduct

Handbook that outlines expectations of employee behavior. This can be expectations in and out of the work place and on social media

Example...

Confidentiality

Specific information about a company or its employees is never shared, except with those who have clearance to receive it.

Example...

Healthcare industry confidentiality breaches

Example...

Proprietary Information

Any work created by company employees on the job that is owned by that company

Example...

Workers at Apple create iPhones and software, which are owned by Apple

Example...

Workers at Quest create new food products, which are owned by Quest

False Advertising

Overstating the features and benefits of products or making false claims about them

Example...

Taco Bell Seasoned Meat

Example...

Do not always believe everything you hear or read; check your sources!

Morals

An individual’s ideas of what is right and wrong; guide overall behavior & actions.

Example...

Example...

Morals differ from person to person and my vary based on age, social status, how someone was raised, etc.

This can be a good or bad thing...

Corporate

Social

Responsibility

All actions taken by a business to promote social good

Example of BAD CSR...

Example of GOOD CSR...

Example of Good CSR...

Disney World

Wildlife Conservation

Solar Panel Farms

Use excess water on irrigation

Donates excess food to food banks

Less chemicals -- environmentally friendly paint

Has a voluntEARS program

Have about 200 cats to eat mice -- less chemicals

Buses powered by cooking oil & non-consumable food waste

Example...

Trade

Secret

Confidential information a company needs to keep private and protect from theft. Can be categorized as proprietary information.

Example...

The Coca Cola secret formula

Atlanta Georgia Factory Headquarters

Example...

Corporate Culture

Describes how the owners and employees of a company think, feel, and act as a business.

Example...

Example...

Corporate cultures will vary by company; always try to find one that is right for you!

Philanthropy

Promoting the welfare of others.

Example...

All of the volunteer work and service trips you do for school are a part of their philanthropy to help and serve others!

Social

Responsibility

Behaving with sensitivity to social, environmental, and economics issues.

Example...

Example...

Corporate Social Responsibility

All actions taken by a business to promote social, environmental, and economical good

Example of bad CSR...

Example of Good CSR...

Disney World

Wildlife Conservation

Solar Panel Farms

Use excess water on irrigation

Donates excess food to food banks

Less chemicals -- environmentally friendly paint

Has a voluntEARS program

Have about 200 cats to eat mice -- less chemicals

Buses powered by cooking oil & non-consumable food waste