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Ch 3: The Role of Ethics in Corporate Culture

About This Chapter

This entertaining chapter offers an in-depth analysis of the role of ethics in corporate culture. Explore our engaging lessons and take the multiple-choice quizzes to boost your knowledge of ethics in corporate culture as you prepare for a test or aim to boost your grades.

The Role of Ethics in Corporate Culture - Chapter Summary

If you're looking to better understand the role of ethics in corporate culture, you've reached the right place! Our instructors have developed bite-sized lessons you can access any time to improve your comprehension of stockholder rights, ethics across various business models, the code of business conduct and more. Review the lessons any time your schedule permits, thanks to 24/7 computer and mobile access. Questions that arise during your study of this chapter can be sent to our subject-matter experts via the Dashboard. Multiple-choice quizzes make it easy to find out how well you understand this chapter. When you're finished, you will be able to:

  • Define and list types of corporate culture
  • Give examples of core values of a company
  • Explain how ethical perspectives can differ within an organization
  • Share the definition and ways to improve an organizational ethical climate
  • Provide examples of a stakeholder in business
  • Discuss ethical conflicts that can arise in stakeholders' and shareholders' needs and expectations
  • Offer best practices for aligning corporate and stakeholder ethics
  • Describe how organizations and stakeholders can build collaborative relationships
  • Exhibit knowledge of the ethics of employer-employee relationships and how it affects stakeholders
  • Discuss business ethics based on Starbucks' organizational culture

13 Lessons in Chapter 3: The Role of Ethics in Corporate Culture
Test your knowledge with a 30-question chapter practice test
Corporate Culture: Definition, Types & Example

1. Corporate Culture: Definition, Types & Example

Corporate culture is the norms, practices, and values created by an organization over time. Explore the definition of corporate culture, different types of corporate culture, and examples of each type.

What Is a Stakeholder in Business? - Definition & Examples

2. What Is a Stakeholder in Business? - Definition & Examples

Stakeholders have a strong interest in a business and make important decisions on its behalf. This lesson defines stakeholders and provides examples of common stakeholders in business.

What Are Core Values of a Company? - Definition & Examples

3. What Are Core Values of a Company? - Definition & Examples

The core values of an organization are the agreed upon values that guide decisions, planning and strategies within a company. Learn more about what core values are and discover some real-world examples.

Ethics Across Various Business Models

4. Ethics Across Various Business Models

Managers across all business organizations are responsible for exhibiting a high level of ethical decision-making and behavior. Let's explore different ethical scenarios and evaluate the most appropriate responses to them.

How Ethical Perspectives Differ within an Organization

5. How Ethical Perspectives Differ within an Organization

An individual's role in an organization influences their perspective on morality. This lesson explores these differences and offers principles for reconciling different opinions about an action.

Organizational Ethical Climate: Definition, Issues & Improvement

6. Organizational Ethical Climate: Definition, Issues & Improvement

The organizational ethic climate is the level of ethics and moral atmosphere in a workplace. Learn the definitions of the five types of climates: instrumental, caring, law and order, rules, and independence, and the issues and improvements they bring into a company.

Code of Business Conduct: Ethics, Standards & Examples

7. Code of Business Conduct: Ethics, Standards & Examples

All businesses should carry themselves legally and ethically, which is often done with the aid of a code of conduct. Learn to define a code of conduct and ethics and give examples of business codes, common topics, and codes of conduct.

Stockholders: Definition, Powers, Rights & Activism

8. Stockholders: Definition, Powers, Rights & Activism

Stockholders are investors who own part of a company or a share of that company. Learn about the definition of a stockholder, the different kinds of stockholders and their objectives, the separation of powers in a company, their rights, and the activism of stockholders.

Ethical Conflicts in Stakeholders' & Shareholders' Needs & Expectations

9. Ethical Conflicts in Stakeholders' & Shareholders' Needs & Expectations

Examine ethical conflicts that can arise between the interests of stakeholders and shareholders. Compare the two, view direct and indirect stakeholders, uncover ethical conflicts in business, and discover what ethical leadership in business is.

Aligning Corporate & Stakeholder Ethics

10. Aligning Corporate & Stakeholder Ethics

When conducting business, managers need to think on more than simply profits. They also need to think about all those that are affected either directly or indirectly by the business.

Building Collaborative Relationships Between Organizations & Their Stakeholders

11. Building Collaborative Relationships Between Organizations & Their Stakeholders

Much like any two people, a relationship between a business and its stakeholders goes through different stages of development. Learn how an organization can build collaborative relationships with its stakeholders such as investors and employees and explore the four stages of relationship building in business.

The Ethics of the Employer-Employee Relationship & Its Effect on Stakeholders

12. The Ethics of the Employer-Employee Relationship & Its Effect on Stakeholders

In the employer-employee relationship, the employer has specific responsibilities to create an ethical workplace and support of all of their stakeholders. Learn more about the various relationships in the workplace and their effect on stakeholders.

Case Study: Business Ethics at Starbucks

13. Case Study: Business Ethics at Starbucks

Starbucks is a company that cares about maintaining high-quality ethical standards. Learn about Starbucks' standards of business conduct and its global impact in this case study.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
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Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
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