Chapter 1 Outline of Business Ethics
Chapter 2 Theories for Business Ethics
Chapter 3 Production Ethics
Chapter 4 Marketing Ethics
Chapter 5 Consumer Ethics
Chapter 6 Employee Management Ethics
Chapter 7 Environmental Ethics
Chapter 8 Business Ethics in Cross-cultural Management
內容試閱:
Chapter 1 Outline of Business Ethics
Learning Objectives
1. Analyze ethical dilemmas.
2. Explain the role of businesses ethics.
3. Describe the basic nature of business ethics.
4. Evaluate the foundations of business ethics.
5. Differentiate between moral and non-moral standards and norms.
6. Identify types of stakeholders.
7. Brainstorm the relationship between business ethics and law.
8. Discuss the relationship between business ethics and corporate social responsibility
Mini-case
In 2015, the former owner of the Peanut Corporation of America[1], Stewart Parnell, was sentenced to 28 years in prison when found guilty of multiple felony counts for conspiring to hide that his company’s products had salmonella contamination. Over a two-year period, nine
people died and 700 customers became seriously ill from consuming the company’s food. Under Parnell’s direction, Peanut Corporation executives falsified lab test results on their products, explicitly stating that the food was safe to eat.
Question
Are the actions taken by the owner of the Peanut Corporation ethical?
1. Definitions of Ethics
Ethics are the inner-guiding moral principles, values, and beliefs that control or influence a person’s behavior. People use ethics to analyze or interpret a situation and then decide what is the “right” or appropriate way to behave. At the same time, ethics also indicate what is inappropriate behavior and how a person should behave to avoid doing harm to another person. Ethical principles are guides to moral behavior. For example, in most societies lying, stealing, deceiving, and harming others are considered to be unethical and immoral. Honesty, keeping promises, helping others, and respecting the rights of others are considered to be ethically and morally desirable behavior. Such basic rules of behavior are essential for the preservation and continuation of organized life everywhere. Ethical ideas are present in all soc