BusinessLaw:Text&Exercises(MindTapCourseList)
x x x x x x x
SOLUTIONMANUAL x
BusinessLaw:Text&Exercises(MindTapCourseList)
x x x x x x x
10thEditionbyRogerLeRoyMiller,WilliamE.Hollowell
x x x x x x x x
1
website, in whole or in part.
x x x x x
, BusinessLaw:Text&Exercises(MindTapCourseList)
x x x x x x x
Chapter1 x
Tableof Contents x x
Purposeand Perspective of the Chapter..................................................................................................................... 2
x x x x x
Cengage Supplements ................................................................................................................................................... 2
x
List of Student Downloads ......................................................................................................................................... 2
x x x
Chapter Objectives .......................................................................................................................................................... 2
x
Key Terms............................................................................................................................................................................ 2
x
What's New in This Chapter ............................................................................................................................................ 3
x x x x
Chapter Outline ................................................................................................................................................................ 4
x
Discussion Questions...................................................................................................................................................... 8
x
Additional Resources ................................................................................................................................................... 10
x
Cengage Video Resources ..................................................................................................................................... 10
x x
Appendix ......................................................................................................................................................................... 10
Generic Rubrics.......................................................................................................................................................... 10
x
Standard Writing Rubric ......................................................................................................................................... 10
x x
StandardDiscussion Rubric ................................................................................................................................... 12
x x
2
website, in whole or in part.
x x x x x
, BusinessLaw:Text&Exercises(MindTapCourseList) x x x x x x x
PurposeandPerspective ofthe Chapter x x x x x
The purpose of this chapter is to examine the relationship between law and ethics. The chapter
x x x x x x x x x x x x x x x
presents issues involved to determining the ethical responsibilities of businesses and provides
x x x x x x x x x x x x
students a framework foranalyzing and making ethical decisions.
x x x x x x x x x
CengageSupplements x
The following product-level supplements provide additional information that may help you in
x x x x x x x x x x x
preparing your course. They are available in the Instructor Resource Center.
x x x x x x x x x x x
• PowerPoint Deck x
ListofStudentDownloads
x x x
Students should download the following items from the Student Companion Center to completethe
x x x x x x x x x x x x x
activities and assignments related to this chapter:
x x x x x x x
• PowerPoint Deck (without teaching notes, activities, or answers) x x x x x x x
ChapterObjectives x
The following objectives are addressed in this chapter:
x x x x x x x
1. Discuss how business can discourage unethical behavior x x x x x x
2. Explain therelationship between law and ethics x x x x x x
3. Compareduty-based ethics and utilitarian ethics x x x x x
4. Identify ethical problemsin the global context x x x x x x
KeyTerms x
business ethics: Ethics in a business context; a consensus of what constitutes right or wrong behavior
x x x x x x x x x x x x x x x
in the world of business and the application of moral principles to situations that arisein a business
x x x x x x x x x x x x x x x x x x
setting.
x
categorical imperative: A concept developed by the philosopher Immanuel Kant as an ethical x x x x x x x x x x x x
guideline for behavior. In deciding whether an action is right or wrong, or desirable or undesirable, a
x x x x x x x x x x x x x x x x x
person should evaluate the action in terms of what would happen if everybody else in the same
x x x x x x x x x x x x x x x x x
situation, or category, acted the same way.
x x x x x x x
corporate social responsibility (CSR): The concept that corporations can and should act
x x x x x x x x x x x
ethically and be accountable to society for their actions.
x x x x x x x x x
cost-benefit analysis: A decision-making technique that involves weighing the costs of a given x x x x x x x x x x x x
action against the benefits of the action.
x x x x x x x
duty-based ethics: An ethical philosophy rooted in the idea that every person has certain dutiesto x x x x x x x x x x x x x x x
others, including both humans and the planet. Those duties may be derived from religious principles or
x x x x x x x x x x x x x x x x
from other philosophical reasoning.
x x x x
ethical reasoning: A reasoning process in which an individual links his or her moral convictionsor
x x x x x x x x x x x x x x x
ethical standards to the particular situation at hand.
x x x x x x x x
3
website, in whole or in part. x x x x x
, BusinessLaw:Text&Exercises(MindTapCourseList) x x x x x x x
ethics: Moral principles and values applied to social behavior.
x x x x x x x x
moral minimum: The minimum degree of ethical behavior expected of a business firm, which is
x x x x x x x x x x x x x x
usually defined as compliance with the law.
x x x x x x x
outcome-based ethics: An ethical philosophy that focuses on the impacts of a decision on x x x x x x x x x x x x x
society or on key stakeholders.
x x x x x
outsourcing: The practice by which a company hires an outside firm or individual to performwork x x x x x x x x x x x x x x x
rather than hiring employees.
x x x x
principle of rights: The principle that human beings have certain fundamental rights (to life,
x x x x x x x x x x x x x
freedom, and the pursuit of happiness, for example). A key factor in determining whether a
x x x x x x x x x x x x x x x
business decision is ethical under this theory is how that decision affects the rights of others,such as
x x x x x x x x x x x x x x x x x x
employees, consumers, suppliers, and thecommunity.
x x x x x x
stakeholders: Groups, other than the company’s shareholders, that are affected by corporate x x x x x x x x x x x
decisions. Stakeholders include employees, customers, creditors, suppliers, and the communityin
x x x x x x x x x x x
which the corporation operates.
x x x x
triple bottom line: The idea that investors and others should consider notonly corporate
x x x x x x x x x x x x x
profits, but also the corporation’s impact on people and on the planet in assessing the firm. (Thebottom
x x x x x x x x x x x x x x x x x
line is people, planet, and profits.)
x x x x x x
utilitarianism: An approach to ethical reasoning in which ethically correct behavior is related toan x x x x x x x x x x x x x x
evaluation of the consequences of a given action on those who will be affected by it. In
x x x x x x x x x x x x x x x x x
utilitarian reasoning, a ―good‖ decision is one that results in the greatest good for the greatest number
x x x x x x x x x x x x x x x x
of people affected by the decision.
x x x x x x
[return to top] x x
What's New inThis Chapter x x x x
The following elements are improvements in this chapter from the previousedition:
x x x x x x x x x x x
• New chapter title and chapter-opening introduction scenario discussing recent
x x x x x x x x
technology scandal involving finger-prick blood test kits
x x x x x x x
• New chapter organization and subheads throughout (including new headings for
x x x x x x x x x
―outsourcing‖ and ―corruption‖) x x
• New section on Making Ethical Business Decisions and new materials on Systematic
x x x x x x x x x x x
Approach: IDDR (―I desire to do right‖) that will be used throughout the text to analyze ethics, x x x x x x x x x x x x x x x x
x including in all of the new ―A Question of Ethics‖ problems in the remaining chapters. x x x x x x x x x x x x x x
o New―ApplicationoftheIDDRApproach‖subsectionwithstep-by-stepdiscussionand
x x x x x x x x x x
sample scenario.
x x
• 1 New Exhibit 3–1: An Analysis of Ethical Approaches to the Sample
x x x x x x x x x x x
Dilemma (for new IDDR Approach)
x x x x x
o 1 New Term & Concept
x x x x
• outsourcing
• 1 NewEthics Today feature—
x x x x
4
website, in whole or in part. x x x x x
x x x x x x x
SOLUTIONMANUAL x
BusinessLaw:Text&Exercises(MindTapCourseList)
x x x x x x x
10thEditionbyRogerLeRoyMiller,WilliamE.Hollowell
x x x x x x x x
1
website, in whole or in part.
x x x x x
, BusinessLaw:Text&Exercises(MindTapCourseList)
x x x x x x x
Chapter1 x
Tableof Contents x x
Purposeand Perspective of the Chapter..................................................................................................................... 2
x x x x x
Cengage Supplements ................................................................................................................................................... 2
x
List of Student Downloads ......................................................................................................................................... 2
x x x
Chapter Objectives .......................................................................................................................................................... 2
x
Key Terms............................................................................................................................................................................ 2
x
What's New in This Chapter ............................................................................................................................................ 3
x x x x
Chapter Outline ................................................................................................................................................................ 4
x
Discussion Questions...................................................................................................................................................... 8
x
Additional Resources ................................................................................................................................................... 10
x
Cengage Video Resources ..................................................................................................................................... 10
x x
Appendix ......................................................................................................................................................................... 10
Generic Rubrics.......................................................................................................................................................... 10
x
Standard Writing Rubric ......................................................................................................................................... 10
x x
StandardDiscussion Rubric ................................................................................................................................... 12
x x
2
website, in whole or in part.
x x x x x
, BusinessLaw:Text&Exercises(MindTapCourseList) x x x x x x x
PurposeandPerspective ofthe Chapter x x x x x
The purpose of this chapter is to examine the relationship between law and ethics. The chapter
x x x x x x x x x x x x x x x
presents issues involved to determining the ethical responsibilities of businesses and provides
x x x x x x x x x x x x
students a framework foranalyzing and making ethical decisions.
x x x x x x x x x
CengageSupplements x
The following product-level supplements provide additional information that may help you in
x x x x x x x x x x x
preparing your course. They are available in the Instructor Resource Center.
x x x x x x x x x x x
• PowerPoint Deck x
ListofStudentDownloads
x x x
Students should download the following items from the Student Companion Center to completethe
x x x x x x x x x x x x x
activities and assignments related to this chapter:
x x x x x x x
• PowerPoint Deck (without teaching notes, activities, or answers) x x x x x x x
ChapterObjectives x
The following objectives are addressed in this chapter:
x x x x x x x
1. Discuss how business can discourage unethical behavior x x x x x x
2. Explain therelationship between law and ethics x x x x x x
3. Compareduty-based ethics and utilitarian ethics x x x x x
4. Identify ethical problemsin the global context x x x x x x
KeyTerms x
business ethics: Ethics in a business context; a consensus of what constitutes right or wrong behavior
x x x x x x x x x x x x x x x
in the world of business and the application of moral principles to situations that arisein a business
x x x x x x x x x x x x x x x x x x
setting.
x
categorical imperative: A concept developed by the philosopher Immanuel Kant as an ethical x x x x x x x x x x x x
guideline for behavior. In deciding whether an action is right or wrong, or desirable or undesirable, a
x x x x x x x x x x x x x x x x x
person should evaluate the action in terms of what would happen if everybody else in the same
x x x x x x x x x x x x x x x x x
situation, or category, acted the same way.
x x x x x x x
corporate social responsibility (CSR): The concept that corporations can and should act
x x x x x x x x x x x
ethically and be accountable to society for their actions.
x x x x x x x x x
cost-benefit analysis: A decision-making technique that involves weighing the costs of a given x x x x x x x x x x x x
action against the benefits of the action.
x x x x x x x
duty-based ethics: An ethical philosophy rooted in the idea that every person has certain dutiesto x x x x x x x x x x x x x x x
others, including both humans and the planet. Those duties may be derived from religious principles or
x x x x x x x x x x x x x x x x
from other philosophical reasoning.
x x x x
ethical reasoning: A reasoning process in which an individual links his or her moral convictionsor
x x x x x x x x x x x x x x x
ethical standards to the particular situation at hand.
x x x x x x x x
3
website, in whole or in part. x x x x x
, BusinessLaw:Text&Exercises(MindTapCourseList) x x x x x x x
ethics: Moral principles and values applied to social behavior.
x x x x x x x x
moral minimum: The minimum degree of ethical behavior expected of a business firm, which is
x x x x x x x x x x x x x x
usually defined as compliance with the law.
x x x x x x x
outcome-based ethics: An ethical philosophy that focuses on the impacts of a decision on x x x x x x x x x x x x x
society or on key stakeholders.
x x x x x
outsourcing: The practice by which a company hires an outside firm or individual to performwork x x x x x x x x x x x x x x x
rather than hiring employees.
x x x x
principle of rights: The principle that human beings have certain fundamental rights (to life,
x x x x x x x x x x x x x
freedom, and the pursuit of happiness, for example). A key factor in determining whether a
x x x x x x x x x x x x x x x
business decision is ethical under this theory is how that decision affects the rights of others,such as
x x x x x x x x x x x x x x x x x x
employees, consumers, suppliers, and thecommunity.
x x x x x x
stakeholders: Groups, other than the company’s shareholders, that are affected by corporate x x x x x x x x x x x
decisions. Stakeholders include employees, customers, creditors, suppliers, and the communityin
x x x x x x x x x x x
which the corporation operates.
x x x x
triple bottom line: The idea that investors and others should consider notonly corporate
x x x x x x x x x x x x x
profits, but also the corporation’s impact on people and on the planet in assessing the firm. (Thebottom
x x x x x x x x x x x x x x x x x
line is people, planet, and profits.)
x x x x x x
utilitarianism: An approach to ethical reasoning in which ethically correct behavior is related toan x x x x x x x x x x x x x x
evaluation of the consequences of a given action on those who will be affected by it. In
x x x x x x x x x x x x x x x x x
utilitarian reasoning, a ―good‖ decision is one that results in the greatest good for the greatest number
x x x x x x x x x x x x x x x x
of people affected by the decision.
x x x x x x
[return to top] x x
What's New inThis Chapter x x x x
The following elements are improvements in this chapter from the previousedition:
x x x x x x x x x x x
• New chapter title and chapter-opening introduction scenario discussing recent
x x x x x x x x
technology scandal involving finger-prick blood test kits
x x x x x x x
• New chapter organization and subheads throughout (including new headings for
x x x x x x x x x
―outsourcing‖ and ―corruption‖) x x
• New section on Making Ethical Business Decisions and new materials on Systematic
x x x x x x x x x x x
Approach: IDDR (―I desire to do right‖) that will be used throughout the text to analyze ethics, x x x x x x x x x x x x x x x x
x including in all of the new ―A Question of Ethics‖ problems in the remaining chapters. x x x x x x x x x x x x x x
o New―ApplicationoftheIDDRApproach‖subsectionwithstep-by-stepdiscussionand
x x x x x x x x x x
sample scenario.
x x
• 1 New Exhibit 3–1: An Analysis of Ethical Approaches to the Sample
x x x x x x x x x x x
Dilemma (for new IDDR Approach)
x x x x x
o 1 New Term & Concept
x x x x
• outsourcing
• 1 NewEthics Today feature—
x x x x
4
website, in whole or in part. x x x x x
