Y Y Y Y Y Y Y
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, Business Law: Text & Exercises (MindTap Course List)
Y Y Y Y Y Y Y
Chapter 1 Y
Table of Contents
Y Y
PurposeYandYPerspectiveYofYtheYChapter ............................................................................................................... 2
CengageYSupplements .................................................................................................................................................. 2
ListYofYStudentYDownloads...................................................................................................................................... 2
ChapterYObjectives ......................................................................................................................................................... 2
KeyYTerms........................................................................................................................................................................... 2
What'sYNewYinYThisYChapter ....................................................................................................................................... 3
ChapterYOutline ............................................................................................................................................................... 4
DiscussionYQuestions..................................................................................................................................................... 8
AdditionalYResources .................................................................................................................................................. 10
CengageYVideoYResources ................................................................................................................................... 10
Appendix ......................................................................................................................................................................... 10
GenericYRubrics ........................................................................................................................................................ 10
StandardYWritingYRubric ....................................................................................................................................... 10
StandardYDiscussionYRubric ................................................................................................................................. 12
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, Business Law: Text & Exercises (MindTap Course List)
Y Y Y Y Y Y Y
Purpose and Perspective of the Chapter
Y Y Y Y Y
TheYpurposeYofYthisYchapterYisYtoYexamineYtheYrelationshipYbetweenYlawYandYethics.YTheYchapte
rYpresentsYissuesYinvolvedYtoYdeterminingYtheYethicalYresponsibilitiesYofYbusinessesYandYprovide
sYstudentsYaYframeworkYforYanalyzingYandYmakingYethicalYdecisions.
Cengage Supplements Y
TheYfollowingYproduct-
levelYsupplementsYprovideYadditionalYinformationYthatYmayYhelpYyouYinYpreparingYyourYcourse
.YTheyYareYavailableYinYtheYInstructorYResourceYCenter.
PowerPointYDeck
List of Student Downloads
Y Y Y
StudentsYshouldYdownloadYtheYfollowingYitemsYfromYtheYStudentYCompanionYCenterYtoYcomplet
eYtheYactivitiesYandYassignmentsYrelatedYtoYthisYchapter:
PowerPointYDeckY(withoutYteachingYnotes,Yactivities,YorYanswers)
Chapter Objectives
Y
TheYfollowingYobjectivesYareYaddressedYinYthisYchapter:
1. DiscussYhowYbusinessYcanYdiscourageYunethicalYbehavior
2. ExplainYtheYrelationshipYbetweenYlawYandYethics
3. CompareYduty-basedYethicsYandYutilitarianYethics
4. IdentifyYethicalYproblemsYinYtheYglobalYcontext
Key Terms
Y
businessYethics:YEthicsYinYaYbusinessYcontext;YaYconsensusYofYwhatYconstitutesYrightYorYwrongYb
ehaviorYinYtheYworldYofYbusinessYandYtheYapplicationYofYmoralYprinciplesYtoYsituationsYthatYariseY
inYaYbusinessYsetting.
categoricalYimperative:YAYconceptYdevelopedYbyYtheYphilosopherYImmanuelYKantYasYanYethic
alYguidelineYforYbehavior.YInYdecidingYwhetherYanYactionYisYrightYorYwrong,YorYdesirableYorYunde
sirable,YaYpersonYshouldYevaluateYtheYactionYinYtermsYofYwhatYwouldYhappenYifYeverybodyYelseY
inYtheYsameYsituation,YorYcategory,YactedYtheYsameYway.
corporateYsocialYresponsibilityY(CSR):YTheYconceptYthatYcorporationsYcanYandYshouldYac
tYethicallyYandYbeYaccountableYtoYsocietyYforYtheirYactions.
cost-benefitYanalysis:YAYdecision-
makingYtechniqueYthatYinvolvesYweighingYtheYcostsYofYaYgivenYactionYagainstYtheYbenefitsYofYthe
Yaction.
duty-
basedYethics:YAnYethicalYphilosophyYrootedYinYtheYideaYthatYeveryYpersonYhasYcertainYdutiesYtoYot
hers,YincludingYbothYhumansYandYtheYplanet.YThoseYdutiesYmayYbeYderivedYfromYreligiousYprincip
lesYorYfromYotherYphilosophicalYreasoning.
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, Business Law: Text & Exercises (MindTap Course List)
Y Y Y Y Y Y Y
ethicalYreasoning:YAYreasoningYprocessYinYwhichYanYindividualYlinksYhisYorYherYmoralYconviction
sYorYethicalYstandardsYtoYtheYparticularYsituationYatYhand.
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