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accommodative stance A social responsibility stance in which an organization meets its legal and ethical obligations but will also go beyond these obligations in selected cases
code of ethics A formal, written statement of the values and ethical standards that guide a firm's actions
corporate social audit A formal and thorough analysis of the effectiveness of a firm's social performance
defensive stance A social responsibility stance in which an organization does everything that is required of it legally, but nothing more
ethical behavior Behavior that conforms to generally accepted social norms
ethical compliance The extent to which an organization and its members follow basic ethical standards of behavior
ethics An individual's personal beliefs about whether a behavior, action, or decision is right or wrong
legal compliance The extent to which an organization complies with local, state, federal, and international laws
lobbying The use of persons or groups to formally represent a company or group of companies before political bodies to influence the government
managerial ethics Standards of behavior that guide individual managers in their work
obstructionist stance An approach to social responsibility in which firms do as little as possible to solve social or environmental problems
organizational stakeholder Person or organization who is directly affected by the practices of an organization and has a stake in its performance
philanthropic giving Awarding funds or gifts to charities or other worthy causes
political action committee (PAC) An organization created to solicit and distribute money to political candidates
proactive stance A social responsibility stance in which an organization views itself as a citizen in a society and proactively seeks opportunities to contribute
regulation Government's attempts to influence business by establishing laws and rules that dictate what businesses can and cannot do
social responsibility The set of obligations an organization has to protect and enhance the societal context in which it functions
unethical behavior Behavior that does not conform to generally accepted social norms