Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.
Business Ethics & SocialResponsibilityMGMT 447
Business Ethics• Applying your standards of moral behavior to  business situations ▫ Descriptive ▫ Normative (prescriptive...
Stakeholders• Most impacted by unethical behavior
Ethics Crisis• Corporate Governance• http://abcnews.go.com/Nightline/video/goldma  n-greed-10494548
Code of Ethics• Central guide• Clarifies cornerstones of an organization• Structured to liberate and empower people to  ma...
History of Business Ethics• Medical Research Regulations (1960s)  ▫ http://www.experiment-resources.com/research-    regul...
Ethical Dilemmas Resolved• Recognize the type of conflict ▫   Truth vs. Loyalty ▫   Short-term vs. Long-term ▫   Justice v...
Justification for Unethical Behavior• Commonly held rationalizations  ▫ Activity is within ethically reasonable or legal  ...
What Would You Do?• Your supervisor enters your office and asks you  for a check for $150.00 for expenses he tells you  he...
Upcoming SlideShare
Loading in …5
×

Defining business ethics

776 views

Published on

Published in: Business, Technology
  • Be the first to comment

  • Be the first to like this

Defining business ethics

  1. 1. Business Ethics & SocialResponsibilityMGMT 447
  2. 2. Business Ethics• Applying your standards of moral behavior to business situations ▫ Descriptive ▫ Normative (prescriptive) ▫ http://www.youtube.com/watch?v=85HgXXjyw2 Q&feature=related ▫ http://www.youtube.com/watch?v=UKCGydtInzA &feature=related
  3. 3. Stakeholders• Most impacted by unethical behavior
  4. 4. Ethics Crisis• Corporate Governance• http://abcnews.go.com/Nightline/video/goldma n-greed-10494548
  5. 5. Code of Ethics• Central guide• Clarifies cornerstones of an organization• Structured to liberate and empower people to make effective (and ethical) decisions
  6. 6. History of Business Ethics• Medical Research Regulations (1960s) ▫ http://www.experiment-resources.com/research- regulations.html• Nestle Boycott (1970s) ▫ http://www.infactcanada.ca/What%20Is%20The%20 Nestl%C3%A9%20Boycott.pdf• General Dynamics Corporation (1980s) ▫ http://www.ethikospublication.com/html/generaldyn amics.html• Newt Gingrich’s Ethics Violations (1990s) ▫ http://abcnews.go.com/Archives/video/dec-21-1996- newt-gingrich-ethics-violations-15200716
  7. 7. Ethical Dilemmas Resolved• Recognize the type of conflict ▫ Truth vs. Loyalty ▫ Short-term vs. Long-term ▫ Justice vs. Mercy ▫ Individual vs. Community• Resolution Principles ▫ Ends-based ▫ Rules-based ▫ The Golden Rule
  8. 8. Justification for Unethical Behavior• Commonly held rationalizations ▫ Activity is within ethically reasonable or legal limits ▫ Activity is in the best interest of the person or company ▫ Activity is safe – no one will ever know ▫ Activity helps the company, therefore the company will protect me and even praise me
  9. 9. What Would You Do?• Your supervisor enters your office and asks you for a check for $150.00 for expenses he tells you he incurred entertaining a client last night. He submits receipts from a restaurant and lounge. At lunch your supervisor’s girlfriend stops by to pick him up for lunch and you overhear her telling the receptionist what a great time she had at dinner and dancing with your supervisor the night before. What do you do?

×