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978-0134167657 Chapter 1
1 Chapter 1 Ethics in the World of Business Chapter Summary Business ethics is concerned with identifying and understanding the ethical issues that arise in business, along with the development of knowledge and skills needed by a practicing manager to […]
978-0134167657 Chapter 10
53 Chapter 10 Marketing and Advertising CHAPTER SUMMARY The ethics of marketing is concerned chiefly with how producers treat their customers. What goods to produce and how to sell them are among the most basic decisions that businesses make, and […]
978-0134167657 Chapter 11
58 Chapter 11 Ethics in Finance CHAPTER SUMMARY Ethical issues in finance are important because they bear on our financial well-being. Ethical misconduct, whether it be by individuals acting alone or by financial institutions, has the potential to rob people […]
978-0134167657 Chapter 12
63 Chapter 12 Corporate Social Responsibility CHAPTER SUMMARY The meaning of corporate social responsibility (C S R ) and the arguments for it, as well as the attitudes of business toward it, have changed dramatically over the past 50 years. […]
978-0134167657 Chapter 13
68 Chapter 13 Governance, Accountability, and Compliance CHAPTER SUMMARY The modern corporation is a remarkable form of economic organization that enables everyone in society to interact for mutual gain. Ideally, everyone should benefit from the wealth-creating power of business corporations. […]
978-0134167657 Chapter 14
74 Chapter 14 International Business Ethics CHAPTER SUMMARY Operating abroad, especially in less-developed countries, creates dilemmas that lead to charges of serious ethical failings. Multinational corporations (MNCs) generally recognize a social responsibility and attempt to fulfill their responsibilities everywhere they […]
978-0134167657 Chapter 2
7 Chapter 2 Ethical Decision Making CHAPTER SUMMARY Ethical decision making in business is often difficult and complex. Some situations are easily handled because what one ought to do or what is right and wrong are evident. Those situations that […]
978-0134167657 Chapter 3
Chapter 3 Ethical Theories CHAPTER SUMMARY This chapter presents the main concepts and theories of ethics developed over centuries by major moral philosophers. The value of any theory for business ethics is its usefulness in evaluating business practices, institutional arrangements, […]
978-0134167657 Chapter 4
18 Chapter 4 Whistle-Blowing CHAPTER SUMMARY Whether or not to blow the whistle on misconduct in an organization is one of the most difficult decisions that some people will ever have to make. The decision is wrenching personally because the […]
978-0134167657 Chapter 5
24 Chapter 5 Business Information and Conflict of Interest CHAPTER SUMMARY Like whistle-blowing, trade secrets and conflicts of interest involve a delicate balancing of the rights and interests of employers and employees, as well as the public at large. As […]
978-0134167657 Chapter 6
30 Chapter 6 Privacy CHAPTER SUMMARY Although privacy is a relatively recent concept—dating in American law to the 1890s— public concern is clearly increasing, primarily in response to privacy-invading technologies. Chapter 6 discusses the ethical arguments for an individual’s right […]
978-0134167657 Chapter 7
35 Chapter 7 Discrimination and Affirmative Action CHAPTER SUMMARY The ethical issues surrounding discrimination and affirmative action are problematic. Rights figure prominently in these issues—both the rights of people who have been victimized by discrimination and the rights of people […]
978-0134167657 Chapter 8
41 Chapter 8 Employment Rights CHAPTER SUMMARY Employee rights are important because a substantial portion of people’s lives is dedicated to their jobs. Acts of injustice, such as wrongful termination, can have dire consequences for employees. These consequences can include […]
978-0134167657 Chapter 9
47 Chapter 9 Health and Safety CHAPTER SUMMARY This chapter shows that workers have a right to a safe and healthy workplace and that employers have a moral and, in many cases, a legal obligation to secure this right. The […]