Ethics and the Conduct of Business
7th Edition
ST
INSTRUCTOR’S
UV
MANUAL & TEST
IA
BANK
_A
PP
John R. Boatright
RO
Comprehensive Instructor Resource for
VE
Instructors and Students
D?
© John R. Boatright
All rights reserved. Reproduction or distribution without permission is prohibited.
©MedConnoisseur
, Contents
Chapter 1 Ethics in the World of Business 1
ST
Chapter 2 Ethical Decision Making 4
Chapter 3 Ethical Theories 7
Chapter 4 Whistle-Blowing 10
UV
Chapter 5 Trade Secrets and Conflict of Interest 13
Chapter 6 Privacy 17
Chapter 7 Discrimination and Affirmative Action 20
IA
Chapter 8 Employment Rights 23
Chapter 9 Occupational Health and Safety 26
_A
Chapter 10 Marketing, Advertising, and Product Safety 30
Chapter 11 Ethics in Finance 33
Chapter 12 Corporate Social Responsibility 37
PP
Chapter 13 Corporate Governance and Accountability 40
Chapter 14 International Business Ethics 43
RO
VE
D?
© 2012 Pearson Education, Inc. All Rights Reserved.
iii
, D?
VE
RO
PP
_A
IA
UV
ST
, Chapter 1
Ethics in the World of Business
CHAPTER SUMMARY
ST
Business ethics is concerned with identifying and understanding the ethical issues that arise
in business and with developing the knowledge and skills needed by a practicing manager to
address these issues and to make sound business decisions—that is, decisions that are
sound from both an ethical and a business perspective. Ethical issues are an inevitable
element of business decision making and are deeply intertwined with managerial practice
UV
and economic activity generally. Business ethics is important for managers because many
business decisions upon which the success of individual managers, business organizations,
and, indeed, the whole economic system depend, are involved in ethical issues. Both
economics and law are important guides for business decision making, but they are not
complete. Nor is business ethics understood merely as the treatment of ethical issues from
a philosophical perspective. As the work of psychologists and sociologists on organizational
IA
misconduct show, it is not enough merely to determine a right course of action. Misconduct
in organizations is also the result of flaws in individual and organizational decision making
that can be corrected only by changes in decision-making processes. Practicing managers
must also address the larger challenge of preventing misconduct within organizations.
_A
CHAPTER OBJECTIVES
• Explain how business decision-making can run afoul of ethical concerns.
• Describe the kinds of decisions that are characteristic of the various levels of
business organization.
Describe the relationship between ethics and the law.
PP
•
SUGGESTED DISCUSSION PROMPTS
1. What types of ethical concerns do decision-makers at the management level need to
take into account?
RO
2. What types of ethical concerns do decision-makers at lower organizational levels
need to take into account?
3. How would you respond to someone who says that a business should always do
whatever is in its economic interests?
4. What is wrong with the thought that abiding by the law is all the ethics that a
businessperson needs to worry about?
5. How does specialized knowledge come into play in the management of ethics?
VE
D?
© 2012 Pearson Education, Inc. All Rights Reserved.
1
7th Edition
ST
INSTRUCTOR’S
UV
MANUAL & TEST
IA
BANK
_A
PP
John R. Boatright
RO
Comprehensive Instructor Resource for
VE
Instructors and Students
D?
© John R. Boatright
All rights reserved. Reproduction or distribution without permission is prohibited.
©MedConnoisseur
, Contents
Chapter 1 Ethics in the World of Business 1
ST
Chapter 2 Ethical Decision Making 4
Chapter 3 Ethical Theories 7
Chapter 4 Whistle-Blowing 10
UV
Chapter 5 Trade Secrets and Conflict of Interest 13
Chapter 6 Privacy 17
Chapter 7 Discrimination and Affirmative Action 20
IA
Chapter 8 Employment Rights 23
Chapter 9 Occupational Health and Safety 26
_A
Chapter 10 Marketing, Advertising, and Product Safety 30
Chapter 11 Ethics in Finance 33
Chapter 12 Corporate Social Responsibility 37
PP
Chapter 13 Corporate Governance and Accountability 40
Chapter 14 International Business Ethics 43
RO
VE
D?
© 2012 Pearson Education, Inc. All Rights Reserved.
iii
, D?
VE
RO
PP
_A
IA
UV
ST
, Chapter 1
Ethics in the World of Business
CHAPTER SUMMARY
ST
Business ethics is concerned with identifying and understanding the ethical issues that arise
in business and with developing the knowledge and skills needed by a practicing manager to
address these issues and to make sound business decisions—that is, decisions that are
sound from both an ethical and a business perspective. Ethical issues are an inevitable
element of business decision making and are deeply intertwined with managerial practice
UV
and economic activity generally. Business ethics is important for managers because many
business decisions upon which the success of individual managers, business organizations,
and, indeed, the whole economic system depend, are involved in ethical issues. Both
economics and law are important guides for business decision making, but they are not
complete. Nor is business ethics understood merely as the treatment of ethical issues from
a philosophical perspective. As the work of psychologists and sociologists on organizational
IA
misconduct show, it is not enough merely to determine a right course of action. Misconduct
in organizations is also the result of flaws in individual and organizational decision making
that can be corrected only by changes in decision-making processes. Practicing managers
must also address the larger challenge of preventing misconduct within organizations.
_A
CHAPTER OBJECTIVES
• Explain how business decision-making can run afoul of ethical concerns.
• Describe the kinds of decisions that are characteristic of the various levels of
business organization.
Describe the relationship between ethics and the law.
PP
•
SUGGESTED DISCUSSION PROMPTS
1. What types of ethical concerns do decision-makers at the management level need to
take into account?
RO
2. What types of ethical concerns do decision-makers at lower organizational levels
need to take into account?
3. How would you respond to someone who says that a business should always do
whatever is in its economic interests?
4. What is wrong with the thought that abiding by the law is all the ethics that a
businessperson needs to worry about?
5. How does specialized knowledge come into play in the management of ethics?
VE
D?
© 2012 Pearson Education, Inc. All Rights Reserved.
1
