OVERVIEW OF ETHICS CI. Understand and discuss the approaches, models, theories and principles for ethical decision making, the significance of IT professional organizations and their codes of ethics; C2. Identify and apply ethical elements required for business and organization activities; C3. Develop and broaden critical perception, analysis and synthesis of how ethical activities within business and organization must be applied; C8. Promote ethical and professional behavior in business, organization and society in general. 1. Organizations have at least five good reasons for pursuing CSR goals and for promoting a work environment in which employees are encouraged to act ethically when making business decision. What is the reason for the organization to pursue CSR activities 2. Research by the Ethics Resource Center (ERC) found that 86 percent of the employees in companies with a well-implemented ethics and compliance program are likely to perceive a strong ethical culture within the company. while less than 25 percent of employees in companies with little to no program are likely to perceive a culture that promotes integrity in the workplace. Why are the ethics important in the corporate work place and how does it contribute to the business success 3. In reference to the Siemens case discussed in week 1 and 2. i. what was the kind of corruption Siemens engaged in be competitive. ii. What is the impact of corrupt behavior by Siemens on the countries where it does business? iii. What do you think would have happened to a manager at Siemens if he or she had taken a stand against corrupt practices?