Solutions for Business Ethics Decision Making for Personal Integrity & Social Responsibility, 6th Edition Hartman (All Chapters included)

Business Ethics Decision Makingf
Y Y Y Y




or Personal Integrity & Social Res
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ponsibility,
6th Edition by Laura Hartman
Y Y Y Y




Complete Chapter Solutions Manual
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are included (Ch 1 to 50)
Y Y Y Y Y




** Immediate Download
Y Y




** Swift Response
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** All Chapters included
Y Y Y

,ChapterY01—
EthicsYandYBusiness
IMYChapterY1:YEthicsYandYBusiness


ChapterYObjectives


AfterYreadingYthisYchapter,YyouYwillYbeYableYto:
1. ExplainYthreeYlevelsYatYwhichYethicalYdecisionsYgetYmadeYinYbusiness.
2. ExplainYtheYnatureYofYbusinessYethicsYasYanYacademicYdiscipline.
3. ExplainYwhyYethicsYisYimportantYinYtheYbusinessYenvironment.
4. ExplainYwhyYethicalYresponsibilitiesYgoYbeyondYlegalYcompliance.
5. DistinguishYtheYethicsYofYpersonalYintegrityYfromYtheYethicsYofYsocialYresponsibility.
6. DistinguishYethicalYnormsYandYvaluesYfromYotherYbusiness-relatedYnormsYandYvalues.
7. DescribeYethicalYdecisionYmakingYasYaYformYofYpracticalYreasoning.




OpeningYDecisionYPoint—WellsYFargoYandYFacebook

TheYWellsYFargoYandYFacebookYcasesYcanYbeYusedYtoYintroduceYaYrangeYofYtopicsYthatYwillYemerg
eYthroughoutYthisYbook.YTheYcaseYinvolvesYdecisionYmakingYatYaYnumberYofYlevels,YfromYindividu
alYentry-levelYemployeesY(likeYmanyYofYourYstudents),YtoYbranchYmanagers,YtoY mid-
levelYmanagement,YseniorYexecutives,YandYtheYboardYofYdirectors.YTheYcasesYalsoYincludeYdecisio
nsYindividualsYdirectlyYinvolvedYinYwrongdoingYasYwellYasYindividualsYwhoYblewYtheYwhistleYonY
wrongdoing.YAYgoodYdiscussionYcanYbeYgeneratedYbyYaskingYstudentsYtoYassignY responsibility,Yb
othYinYtermsYofYwhoYisYatYfaultY(whoYisYaccountable?)YandYwhatYcouldYbeYoneYtoYpreventYitYfromYr
eoccurringY(whatYcausedYit?).
WeYhaveYaddedYaYnewYshortYcaseYdescriptionYinvolvingYFacebookYtoYthisYDecisionYPointYforYseve
ralYreasons.YFirst,YFacebookYhelpsYbringYoutYtheYbroaderYsocialYandYpoliticalYdimensionsYofYethic
alYdecisionYmakingYmoreYdirectly.YStudentsYwillYseeYtheYdifficultyYinYseparatingYbusinessYdecisio
nsYfromYbroaderYsocialYandYethicalYdecisions.YSecond,YtheYFacebookYcaseYalsoYinvolvesYsomeY ex
amplesY ofY insidersY whoY calledY outY unethicalY activities.Y DespiteY theY pressuresY inY allYorgani
zationsYtoYconform,YitYisYpossibleYforYindividualsYtoYstandYupYforYtheirYethicalY beliefs.YFinally,YFa
cebookYandYsocialYmediaYcanYbeYaYmoreYrelevantYexampleYforYmanyYstudentsYthanYbanking.
TheseYdiscussionsYcanYeasilyYleadYintoYtheYdecision-
makingYmodelYthatYwillYbeYintroducedYlaterYinYtheYchapter.YWhatYfactsYwouldYbeYhelpfulYtoYmake
YtheseYjudgmentsYofYresponsibility? YWhatYfactsYwouldYchangeY yourYdecision? YWhatYfactsYconfir

medYyourYinitialYthoughts?YWhoYareYtheYstakeholdersYinvolved,YrangingYfromYentry-
levelYemployees,YtoYcustomers,YtoYstockholders,YtoYcompetitors.YWhatYstake,Yexactly,YdoYtheseYgr
oupsYhaveYinYthisYcase?YHowYwereYtheyYharmed?YHow,YifYatYall,YwereYtheirYinterestsYrepresentedY
inYtheYprocess?

TheseYareYalsoY goodYcasesYwithYwhichYtoYintroduceYtheYtopicsYofYcorporateYcultureYandYleadershi
p.YHowYwereYtheYdecisionsYmadeYbyYindividualsYinfluencedYbyYtheYsurroundingYculture,YandYhow
Y did


1-1

,ChapterY01—
EthicsYandYBusiness
thatYcultureYemergeYatYWellsYFargo?YAtYFacebook?YHowYfreeYwereYemployeesYatYeveryYlevel,Yinc
ludingYseniorYexecutives,YtoYdivergeYfromYtheYprevalentYculture?YHowYmightYthatYinstitutionalYcu
ltureYbeYchanged?YWhoYisYresponsibleYforYinstitutionalYdecisions?YWhichYinstitutionalYpoliciesYan
dYpracticesYenabledYthisYscandal?YHowYmightYtheyYbeYchangedYtoYavoidYaYreoccurrence?
AnotherYtopicYthatYcanYbeYintroducedYinvolvesYprofessionalYresponsibilitiesYofYbankersYandYfinan
cialYprofessionalsYatYWells,YandYITYspecialistsYatYFacebook.YThisYdiscussionYcanYbeYhelpfulYinYsett
ingYtheYstageYforYChapterY5YandYtheYgeneralYtopicYofYcorporateYsocialYresponsibility.YAYdiscussio
nYofYfiduciaryYdutiesYcanYintroduceYseveralYimportantYquestions.YWhatYresponsibilitiesYdoYmanage
rs,YperhapsYespeciallyYseniorYexecutives,YhaveYtoYstockholders?YHowYmightYtheseYresponsibilities
YconflictYwithYtheirYresponsibilitiesYasYfinancialYprofessionals? YFacebookYcaseYalsoYcanYfocusYdis

cussionYonYquestionsYofYtheYsocialYandYpoliticalYresponsibilitiesYofYbothYindividualsYandYcorporati
ons.
Finally,YthisYcaseYcanYalsoYintroduceYtheYquestionYofYgovernmentYregulationYwithinYaYmarketYeco
nomy.YWhatYisYtheYproperYroleYforYgovernmentYagencies,YbothYinYtermsYoffsettingYstandardsYtoYpr
eventYmisconductYandYinYenforcingYsanctionsYafterYtheYfact?YHowYdoesYthisYinfluenceYtheY“freeYm
arket”Ysystem?YInYwhatYsenseYareYcorporationsY“citizens”YofYtheYcountriesYinYwhichYtheyYoperate,Y
andYwhatYresponsibilitiesYdoesYthatYimply?

I. Introduction:YGettingYComfortableYwithYtheYTopic


ItYisYnotYuncommonYforYstudentsYtoYenterYaYbusinessYethicsYclassYwithYsomeYdegreeYofYdoubt,Ycon
fusion,YandYapprehensionYaboutYtheYtopic.YThisYopeningYchapterYaimsYtoYrelieveYthoseYconcernsYb
yYintroducingYbusinessYethicsYasYanYunavoidableYandYnonthreateningYpartYofYbusinessY(andYlife).
TheYtopicYisYintroducedYbyYreviewingYsomeYofYtheYpastYandYrecentYwell-
knownYscandalsYbutYalsoYpointingYoutYsomeYwell-
knownYexamplesYofYcommendableYcorporateYethics.YItYcanYbeYworthwhileYtoYremindYstudentsYofY
bestYcaseYexamplesYasYaYmeansYtoYremindingYthemYthatYbusinessYethicsYdoesYnotYassumeYthatYonl
yYtheYbadYcasesYdeserveYattention.
WeYalsoYremindYstudentsYthatYbusinessYethicsYisYnotYlimitedYtoYtheYtypeYofYmajorYcorporateYdecisi
onsYwithYdramaticYsocialYconsequences.YAtYsomeYpointYeveryYworker,YandY certainlyYeveryoneYin
YaYmanagementYrole,Ywill YbeYfacedYwithYanYissueYthatYwillYrequireYethicalYdecisionYmaking.YWeYh

aveYalsoYexpandedYthisYsectionYtoYincludeYaYbroaderYdiscussionYofYtheYroleYethicsYplaysYinYmanyYl
ifeYexperiencesYoutsideYasYwellYasYinsideYbusiness.



ThisYopeningYsectionYidentifiesYfiveYgeneralYgoalsYforYaYbusinessYethicsYclass:
1. DevelopYtheYknowledgeYbaseYandYskillsYneededYtoYidentifyYethicalYissues.
2. UnderstandYhowYandYwhyYpeopleYbehaveYunethically.
3. DecideY howY weY shouldY act,Y whatY weY shouldY do,Y andY theY typeY ofY personY weY shouldY beY
asYindividuals.
4. CreateYethicalYorganizations.
5. ThinkYthroughYtheYsocial,Yeconomic,YandYpoliticalYpoliciesYthatYweYshouldYsupportYasYcitizens.

1-2

, ChapterY01—
EthicsYandYBusiness




II. BusinessYEthicsYasYEthicalYDecisionYmaking

WeYmovedYthisYsectionYupYtoYanYearlyYpointYinYthisYchapterYsoYthatYstudentsYcanYbeYmoreY
directlyYandYimmediatelyYintroducedYtoYWHATYethicsYinvolvesYandYwhatYitYis.YSomeYrevi
ewersYsuggestedYthatYtheYpreviousYorganizationYspentYtooYmuchYtimeYtalkingYABOUTYeth
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a. SoYwhatYisYtheYpointYofYaYbusinessYethicsYcourse?YOurYgeneralYapproachYthroughout
YthisYtextYisYtoYexplainYethicsYasYaYmiddleYgroundYbetweenYthoseYwhoYunderstandYethi
csYinYabsolutistYandYcertainYterms,YandYthoseYwhoYdenyYanyYreasonableYorYobjectiveYb
asisYforYethicalYclaims.YThisYtextYneitherYpreachesYdogmaticYethicalYtruthsYnorYabando
nsYhopeYforYethicalYprogressYandYrationality.
b. WeYincludeYaYdiscussionYofYSocratesYandYThrasymachus.YRationalYdecisionYmakin
gYandYpersuasionYversusYimposingYone’sYviewYonYothers.YWhileYstudentsYmightYinitial
lyYseeYthisYasYanYaside,YtheYcrucialYpointYisYworthYemphasizing—
perhapsYmoreYsoYinYlightYofYrecentYU.S.YpoliticalYdebates.YThisYtextY(likeYSocrates)Ydo
esYassumeYthatYhumansYcanYbeYrationalYenoughYtoYsettleYdisagreementsYbyYthinkingYth
emYthroughYandYfindingYrationalYconclusionsYthatYbindYallYpeople.YInYanyYsocietyYinYw
hichYpeopleYdisagreeY(andYwhereYwouldYthatYnotYbe?),YtheYalternativeYtoYrationalYdiscu
ssion,Ypersuasion,YandYultimatelyYanYagreementYisYpower/forceY(Thrasymachus).
i. AsY theY titleY ofY thisY bookY suggests,Y ourY approachY toY businessY ethicsY will
emphasizeYethicalYdecisionYmaking.
ii. HistoricalYContext:YOnYoneYhand,YethicsYrefersYtoYanYacademicYdisciplineYwit
hYaYcenturiesYoldYhistoryYandYweYmightYexpectYknowledgeYaboutYthisYhistoryYto
YbeYamongYtheYprimaryYgoalsYofYaYclassYinYethics.
1. Thus,YinYanYethicsYcourse,YstudentsYmightYbeYexpectedYtoYlearnYaboutYt
heYgreatYethicistsYofYhistoryYsuchYasYAristotle,YJohnYStuartYMill,YandYIm
manuelYKant.YAsYhappensYinYmanyYotherYcourses,YthisYapproachYtoYeth
icsYwouldYfocusYonYtheYinformationalYcontentYofYtheYclass.
*ChapterYObjectiveY2YAddressedYBelow*
iii. EthicalYBehavior/NormativeYContent:YYet,YaccordingYtoYsomeYobservers,Yle
arningYaboutYethicalYtheoriesYandYgainingYknowledgeYaboutYtheYhistoryYofYethi
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1. ManyYpeople,YrangingYfromYbusinessesYlookingYtoYhireYcollegeYgraduat
esYtoYbusinessYstudentsYandYteachersYthemselves,YexpectYanYethicsYclas
sYtoYaddressYethicalYbehavior,YnotYjustYinformationYandYknowledgeYab
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2. AfterYall,YshouldYnotYanYethicsYclassYhelpYpreventYfutureYethicalYscanda
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fYhumanYlifeYstudiedYbyYthisYacademicYdiscipline,Ynamely,YhowYhuma
nYbeingsYproperlyYshouldYliveYtheirYlives.

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