Business Law: Text & Exercises (MindTap Course
List)
10th Edition by Roger LeRoy Miller, William E.
Hollowell
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, Chapters 1 - 43, Complete
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,Chapter 1 12
Table of Contents
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Purpose12and12Perspective12of12the12Chapter ...............................................................................2
Cengage12Supplements ..............................................................................................................2
List12of12Student12Downloads....................................................................................................2
Chapter12Objectives ....................................................................................................................2
Key12Terms .................................................................................................................................2
What's12New12in12This12Chapter ...................................................................................................3
Chapter12Outline..........................................................................................................................4
Discussion12Questions ................................................................................................................8
Additional12Resources ...............................................................................................................10
Cengage12Video12Resources .................................................................................................10
Appendix ...................................................................................................................................10
Generic12Rubrics ...................................................................................................................10
Standard12Writing12Rubric ......................................................................................................10
Standard12Discussion12Rubric ................................................................................................12
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, Purpose and Perspective of the Chapter
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The12purpose12of12this12chapter12is12to12examine12the12relationship12between12law12and12ethics.12
The12chapter12presents12issues12involved12to12determining12the12ethical12responsibilities12of12busin
esses12and12provides12students12a12framework12for12analyzing12and12making12ethical12decisions.
Cengage Supplements 12
The12following12product-
level12supplements12provide12additional12information12that12may12help12you12in12preparing12your12
course.12They12are12available12in12the12Instructor12Resource12Center.
PowerPoint12Deck
List of Student Downloads
12 12 12
Students12should12download12the12following12items12from12the12Student12Companion12Center12to12c
omplete12the12activities12and12assignments12related12to12this12chapter:
PowerPoint12Deck12(without12teaching12notes,12activities,12or12answers)
Chapter Objectives 12
The12following12objectives12are12addressed12in12this12chapter:
1. Discuss12how12business12can12discourage12unethical12behavior
2. Explain12the12relationship12between12law12and12ethics
3. Compare12duty-based12ethics12and12utilitarian12ethics
4. Identify12ethical12problems12in12the12global12context
Key Terms
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business12ethics:12Ethics12in12a12business12context;12a12consensus12of12what12constitutes12right12
or12wrong12behavior12in12the12world12of12business12and12the12application12of12moral12principles12to1
2situations12that12arise12in12a12business12setting.
categorical12imperative:12A12concept12developed12by12the12philosopher12Immanuel12Kant12as12
an12ethical12guideline12for12behavior.12In12deciding12whether12an12action12is12right12or12wrong,12or12
desirable12or12undesirable,12a12person12should12evaluate12the12action12in12terms12of12what12would
12happen12if12everybody12else12in12the12same12situation,12or12category,12acted12the12same12way.
corporate12social12responsibility12(CSR):12The12concept12that12corporations12can12and12s
hould12act12ethically12and12be12accountable12to12society12for12their12actions.
cost-benefit12analysis:12A12decision-
making12technique12that12involves12weighing12the12costs12of12a12given12action12against12the12benefit
s12of12the12action.
duty-
based12ethics:12An12ethical12philosophy12rooted12in12the12idea12that12every12person12has12certain12
duties12to12others,12including12both12humans12and12the12planet.12Those12duties12may12be12derived12fr
om12religious12principles12or12from12other12philosophical12reasoning.
ethical12reasoning:12A12reasoning12process12in12which12an12individual12links12his12or12her12moral12
convictions12or12ethical12standards12to12the12particular12situation12at12hand.
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