Key terms
Date: 2015-10-07; view: 422.
Before you read
ETHICS AND BUSINESS
READING I
BUSINESS ETHICS AND SOCIAL RESPONSIBILITY
Part I. UNIT 8
Disadvantages
Advantages
Enumerate advantages and disadvantages of ACAS.
Entirely voluntary
Speedy
Participation of an experienced arbitrator in hearing
There is no set format for the hearing
The Decision is final and binding
Limited grounds for appealing - available only in respect of unfair dismissal claims
Hearings are held in private - lacks the embarrassment value
No cross-examination
Criteria for arbitrator's decisions - instead of legal tests and case law, general principles of fairness and good conduct in employment relations are applied
Very limited scope for appealing or challenging the arbitrator's award
Less certainty of outcome
| Learning goals After studying this unit you will be able to: · differentiate between the notions of business ethics, legal and social responsibility · explain purposes of business · identify ethics objectives of management · compare different ways of improving ethical performance · distinguish between social responsibility strategies · describe approaches to ethical decision making |
1) Match the terms with their Russian equivalents.
| 1) obstructive strategy | a) ответственность перед законом |
| 2) defensive strategy | b) приспособительная стратегия |
| 3) legal responsibility | c) обструкционная или стратегия создания препятствий |
| 4) adaptive strategy | d) действенная стратегия |
| 5) proactive strategy | e) защитная стратегия |
2) Match the terms with their definitions.
| 1) ethics | a) a set of principles that people use to decide what is right and what is wrong |
| 2) social responsibility | b) a normative discipline that applies everyday moral or ethical norms to business |
| 3) legal responsibility | c) obligations to society involving a degree of voluntary response |
| 4) business ethics | d) complying with specific laws and regulations |
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| Where cases between employer and employees are normally heard? | | |