Business ethics concepts cases pdf

The remaining chapters are application of the concepts summarized as relating to political forms of government and market systems. These further chapters are less relevant to the DBA class that this summary was prepared for. Ethics is the principles of 2. Moral standards are not conduct governing an individual established or changed by the or a group.

It is the study of decisions of particular morality. We feel that moral standards Morality are the standards that should be preferred to other an individual or group has about values including especially?

Moral standards are based on Moral norms can usually be impartial considerations. Moral standards are associated with special 1. Moral standards deal with emotions and a special matters that we think can vocabulary. Ethics is the study of activities, and pursuits that we moral standards — the process call business. Systemic issues in them to concrete situations and business ethics are ethical issues.

The ultimate aim of questions raised about the ethics is to develop a body of economic, political, legal, and moral standards that we feel are other social systems within reasonable to hold — standards which businesses operate. Individual issues in that fill our lives. A normative Because corporate acts originate study aims to discover what in the choices and actions of should be. A descriptive study human individuals, it is these attempts to describe or explain individuals who must be seen as the world without reaching any the primary bearers of moral conclusions about whether the duties and moral responsibility.

Nonetheless, it makes perfectly good sense to say that a 1. Information enable it to escape taxes and technologies have also raised fiscal obligations that difficult ethical issues about the companies limited to a single nature of the right to property nation must bear. Finally, opportunity to transfer a new biotechnology has created yet technology or set of products another host of troubling ethical from a more developed issues. The ability to many operations. Ethical relativism is the view that there are no ethical standards that are absolutely true and that apply or should be applied to the companies and people of all societies.

Preconventional At these stages, the person no Stages longer simply accepts the values At these first two stages, the child is and norms of the groups to which able to respond to rules and social he or she belongs. Instead the expectations and can apply the person now tries to see situations labels of good, bad, right and from a point of view that impartially wrong.

Social Contract Orientation — 1. Punishment and Obedience At this first post- Orientation — At this stage, conventional stage the the physical consequences person becomes aware that of an act wholly determine people hold a variety of the goodness and badness of conflicting personal views that act.

Instrument and Relativity emphasizes fair ways of Orientation — At this stage, reaching consensus by right actions become those agreement, contract, and that can serve as due process. Interpersonal Concordance Although people generally Orientation — Good behavior at this early conventional progress through the stages in stage is living to the the same sequence, not expectations of those for everyone progresses through all whom one feel loyalty, affection, and trust, such as the stages.

Kohlberg has been family and friends. Law and Order Orientation — higher stages are morally Right and wrong at this more preferable to the lower stages. Females, Gilligan society. Moral consistent. The consistency development for women is requirement is the basis of an marked by progress toward important method of showing more adequate ways of caring that a given moral standard and being responsible for must be modified or rejected: oneself and for others.

This is the use of counter examples or called the care perspective. Moral reasoning refers to the 1. First, some have reasonable moral standards argued that in perfectly require, prohibit, value, or competitive free markets, the condemn; and pursuit of profit will by itself 2.

Evidence or information that ensure that the members of shows that a particular society are served in the most person, policy, institution, or socially beneficial ways. Second, standards require, prohibit, the argument assumes that any value, or condemn.

Third, the argument First and primarily, moral assumes that, by producing reasoning must be logical. All whatever the buying public the unspoken moral and factual wants or values , firms are assumptions must be made producing what all the members explicit, and both assumptions of society want, when in fact the and premises be displayed and wants of large segments of subject to criticism.

Third, the moral marketplace. It is wrong, employer, the manager has a however, to see law and ethics duty to serve his or her as identical. The loyal agent the law so long as the law does argument relies on several not require clearly unjust questionable assumptions. First, behavior. This means that, in the argument tries to show, most cases, it is immoral to again, that ethics does not break the law. The agreement. However, 1. This for having done something threat of future retaliation wrong or for having wrongfully makes it more rational for the injured someone.

The term parties in a series of repeated moral responsibility is exchanges to cooperate than to sometimes used as an try to take advantage of each equivalent to moral duty or other. The most important moral obligation. The law typically wrongful injury: 1 ignorance attributes the acts of a and 2 inability. Mitigating managers as individuals. Moreover, cause the wrongful injury. Many based on moral principles that business analysts hold that the identify fair ways of distributing best way to evaluate the ethical benefits and burdens among the propriety of a business decision members of a society.

An utilities produced by any other ethic of care is an ethic that act the agent could have emphasizes caring for the performed in its place. Evaluations of the The utilitarian principle assumes moral character of persons or that we can somehow measure groups are based on what is and add the quantities of called an ethic of virtue.

Both the Costs and Benefits immediate and all foreseeable Selecting the course of action future costs and benefits that that would have the most each alternative will provide for beneficial consequences is each individual must be taken sometimes referred to as a into account as well as any consequentialist approach and significant indirect effects. Three steps are performed: Utilitarianism is a general term 1.

Utilitarianism 2. The alternative that produces information concerning these the greatest sum total of consequences be presented utility must be chosen as the in a form that will allow them ethically appropriate course to be systematically of action.

Expressing this information in Utilitarian views have been quantitative terms facilitates highly influential in economics such comparisons and and is the basis of the weightings. However, where techniques of economic cost- quantitative data are benefit analysis.

Difficulties encountered values things have for most measuring. Because many of the benefits determine the relative values and costs of an action cannot that should be given to easily be predicted, they also various categories of goods. It is unclear exactly what is to valuable only because they count as a benefit and what is lead to other good things.

Intrinsic goods, however, 5. The assumption that all goods are things that are desirable are measurable implies that independent of any other all goods can be traded for benefits they may produce. The amount of utility. Instead, one is utilitarian may argue, supposed to ask whether the however, that not only is it action is required by the correct possible to put a price on moral rules that everyone health and life, but that we do should follow.

If the action is so almost daily ex. It is only this second Rights and Justice — question, according to the rule- Problems with Utilitarianism utilitarian, that is supposed to be answered by reference to The major difficulty with maximizing utility. The correct utilitarianism, according to some moral rules are those that would critics, is that it is unable to deal produce the greatest amount of with two kinds of moral issues: utility if everyone were to follow those relating to rights and them.

The ethical landscape of business is constantly changing, and the new edition of Business Ethics: Concepts and Cases has been revised to keep pace with those changes most effecting business: accelerating globalization, constant technological updates, proliferating of business scandals. Business Ethics: Concepts and Cases introduces the reader to the ethical concepts that are relevant to resolving moral issues in business; imparts the reasoning and analytical skills needed to apply ethical concepts to business decisions; identifies moral issues specific to a business; provides an understanding of the social, technological, and natural environments within which moral issues in business arise; and supplies case studies of actual moral conflicts faced by businesses.

Improve Critical Thinking - Business Ethics: Concepts and Cases provides summaries of basic ideas discussed within the text in its margins; presents conceptual materials first, and then offers discussion cases second through standardized chapters; all providing students the chance to critically think about the material they are learning.

Support Instructors - Teaching your course just got easier! Teaching and Learning Experience Improve Critical Thinking - Business Ethics: Concepts and Cases provides summaries of basic ideas discussed within the text in its margins; presents conceptual materials first, and then offers discussion cases second through standardized chapters; all providing students the chance to critically think about the material they are learning. Goodreads helps you keep track of books you want to read.

Resolving Moral Issues in Business. Business Ethics: Concepts and Cases introduces the A person is morally responsible for an injury when the person caused the injury and did so knowingly and freely.

A person is morally responsible for an injury or wrong if: 1. The person caused or helped cause it, or failed to prevent it when he could and should have; and 2. The person did so knowing what he or she was doing; and 3. The person did so of his or her own free will. I need for graduated study in human resource majoring, this book help me find way for doing good business. From a business standpoint there is some opinion stating that ethics and business is a separate thing and can not be run simultaneously.

But this view is to be scrutinized further. Some of the success experienced by large companies all starts with good application of ethics in business process regarding whether the production process, treatment of employees, customers and suppliers or their competitors.