chapter 3

• pertains to the principles of conduct that individuals use in making choices andguiding their behavior in situations that involve the concepts of right and wrong.

  ethics
• involves finding the answers to two questions: (1) How domanagers decide what is right in conducting their business? and (2) Once managers haverecognized what is right, how do they achieve it?

  business ethics
• The benefit from a decision must outweigh the risks. Furthermore, theremust be no alternative decision that provides the same or greater benefit with less risk.

  proportionality
• The benefits of the decision should be distributed fairly to those who share therisks. Those who do not benefit should not carry the burden of risk.

  justice
• Even if judged acceptable by the principles, the decision should beimplemented so as to minimize all of the risks and avoid any unnecessary risks.

  minimize risk
• the analysis of the nature and social impact of computertechnology and the corresponding formulation and justification of policies for the ethicaluse of such technology

  computer ethics