Discussion Question


  

What is meant by business ethics?

     Identify the main drivers of unethical behavior within organizations.  What are some of the costs associated with unethical behavior in organizations? 

     Name, define, and discuss the three schools of thought concerning ethical behavior and whether the three ethical schools of thought can be applied across multiple cultures. 

· Ethical Universalism

· Ethical Relativism

· Integrative Social Contacts Theory

B)   What are the four corporate governance obligations that organizations’ board of directors’ share?

· Corporate social responsibility (CSR)

· Corporate social responsibility strategy

· Sustainability/transparency

· The triple bottom line

      What are the characteristics that define a strong board of directors for organizations? 

      Name, define and discuss the three kinds of corporate responsibility

· Economic

· Social

· Environmental