Accy 304 Study Note

Ethics One definition–Ethics is the code of moral principles and values that governs the behaviors of a person or group with respect to what is right or wrong. Ethical Decision Making The Gut Test–Most of the time you'll know if something is right or wrong. If it feels fishy, it probably is. Common Ethical Principles Utilitarianism–An ethical choice is one that leads to the"greatest good for the greatest number of people." Decision takes into consideration of costs and benefits to "society," not just for the decision maker or those close to him. Justice–An ethical choice is one that distributes benefits and burdens equitably. Under this principle, both processes and outcomes can be evaluated. Procedural Justice: fairness in the process of deciding/doing/distributing… Distributive/Outcome Justice: equality of outcome/result. Disclosure–A decision is ethical if the public would think it is right. “How would I feel if my behavior was revealed on… (e.g., The WSJ, nightly news) or to… (e.g., my parents, my pastor, my children)?” CoCo Framework Control–control comprises those elements in an organization that support people in the achievement of the organization's objectives. The elements in an organization includes its resources, systems, processes, culture, structure, and tasks. Organization–People working in pursuit of objectives. An organization can be a legal entity, a system or process that produces the outputs to meet a particular objective. The smallest unit of an organization is the individual person. A person performs a task, guided by an understanding of its purpose (the objective to be achieved) and supported by capability (information, skills, resources, and supplies). The person will need a sense of commitment to perform the task well over time. The person will monitor his or her performance and the external environment to learn about how to perform the task better and about changes to be made. The same is true of any team or work group. In any organization