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(MindTap Course List) 10th Edition by Roger LeRoy Miller,
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William E. Hollowell B B B
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SOLUTION MANUAL B
Business Law: Text & Exercises (MindTap Course List) 10th
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Edition by Roger LeRoy Miller, William E. Hollowell
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Chapter 1 B
Tableof Contents B B
Purpose and Perspective of the Chapter ............................................................................................................. 2
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Cengage Supplements .................................................................................................................................................. 2
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List of Student Downloads..................................................................................................................................... 2
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Chapter Objectives ......................................................................................................................................................... 2
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Key Terms .......................................................................................................................................................................... 2
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What's New in This Chapter ...................................................................................................................................... 3
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Chapter Outline ............................................................................................................................................................... 4
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Discussion Questions ..................................................................................................................................................... 8
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Additional Resources ................................................................................................................................................... 10
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Cengage Video Resources .................................................................................................................................... 10
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Appendix........................................................................................................................................................................... 10
Generic Rubrics ......................................................................................................................................................... 10
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Standard Writing Rubric........................................................................................................................................ 10
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Standard Discussion Rubric .................................................................................................................................. 12
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PurposeandPerspective of the Chapter B B B B B
The purpose of this chapter is to examine the relationship between law and ethics. The
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Bchapterpresents issues involved to determining the ethical responsibilities of businesses and
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provides students a framework for analyzing and making ethical decisions.
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Cengage Supplements B
The following product-level supplements provide additional information that may help
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you inpreparing your course. They are available in the Instructor Resource Center.
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PowerPoint Deck B
ListofStudent Downloads
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Students should download the following items from the Studentj Companion Center to
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completethe activities and assignments related to this chapter:
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PowerPointj Deckj (withoutj teaching notes, activities, or answers) B B B B B B B
Chapter Objectives B
The following objectives are addressed in this chapter:
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1. Discuss how business can discourage unethical behavior B B B B B B
2. Explain the relationship between law and ethics B B B B B B
3. Comparej duty-based ethics and utilitarian ethics B B B B B
4. Identify ethical problems in the global context B B B B B B
KeyTerms B
business ethics: Ethics in a business context; a consensus of what constitutes right or
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wrong behavior in the world of business and the application of moral principles to
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Bsituations that arisejin a business setting.
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categorical imperative: Aj conceptj developed by the philosopher Immanuel Kant as an
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ethicalguidelinej for behavior. In deciding whether an action is right or wrong, or desirable
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Bor undesirable, a person should evaluate the action in terms of what would happen if
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Beverybody else in the same situation, or category, acted the same way.
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corporatej social responsibility (CSR): The concept thatj corporations can and should
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actjethically and be accountable to society for their actions.
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cost-benefit analysis: A decision-making techniquej that involves weighing the costs of a
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givenaction against the benefits of thej action.
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duty-based ethics: An ethical philosophy rooted in the idea that every person has certain
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dutiesto others, including both humans and the planet. Those duties may be derived from
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religious principles or from other philosophical reasoning.
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ethical reasoning: Aj reasoning process in which an individual links his or her moral
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convictionsor ethical standards to the particular situation at hand.
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3
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