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Demanding Ethical and Socially Responsible Behavior


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After you have read and studied this chapter, you should be able to

  1. Explain why obeying the law is only the first step in behaving ethically.


  2. Ask the three questions to answer when faced with a potentially unethical action.


  3. Describe management's role in setting ethical standards.


  4. Distinguish between compliance-based and integrity-based ethics codes, and list the six steps in setting up a corporate ethics code.


  5. Define corporate social responsibility and compare corporations' responsibilities to various stakeholders.


  6. Analyze the role of U.S. businesses in influencing ethical behavior and social responsibility in global markets.






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