Business Ethics, Corporate Governance & Corporate Social Responsibility - A Winning Combination for Organisational Excellence
Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Human Resources Management (Elective) — CAIIB.
One-liners from this chapter
Free sample — 8 of 106 rapid-fire Q&A cards.
Origin — Ethics / Morals / Values?
Ethics: Greek/Latin "ethos" (character); Morals: Latin "Mos" (custom); Values: "Intrinsic worth" — dictionary
Nature — Ethics / Morals / Values?
Ethics: Moral Philosophy — combination of morals + reasoning; Morals: Belief system of an individual; Values: Personal/organisational principles
Driven by — Ethics / Morals / Values?
Ethics: Reasoning, philosophical deliberation; Morals: Culture, religion, society; Values: Personal/organisational belief system
Scope — Ethics / Morals / Values?
Ethics: Wider — applies universally; Morals: Narrower — culture-specific; Values: Individual or group
Question Asked — Ethics / Morals / Values?
Ethics: What is right or wrong?; Morals: What is good or evil?; Values: What is desirable or undesirable?
Example — Ethics / Morals / Values?
Ethics: Avoid discrimination in recruitment; Morals: Honesty in personal conduct; Values: Customer satisfaction, philanthropy
Enforceability — Ethics / Morals / Values?
Ethics: Constrains the individual; Morals: Adhered to as per society/religion; Values: Optional — offers alternatives
Good Will is the only unqualified good?
moral worth comes from acting from duty, not from inclination, feeling or self-interest.
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