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SOLUTION MANUAL g
Business Law: Text & Exercises (MindTap Course List)
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g Chapters 1 - 43, Complete g g g g
10th Edition by Roger LeRoy Miller, William E.
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Hollowel
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Chapter 1 g
Table of Contents g g
Purpose and Perspective of the Chapter............................................................................. 2
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Cengage Supplements .............................................................................................................. 2
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List of Student Downloads .................................................................................................. 2
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Chapter Objectives .................................................................................................................... 2
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Key Terms ................................................................................................................................. 2
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What's New in This Chapter ................................................................................................. 3
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Chapter Outline ......................................................................................................................... 4
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Discussion Questions ................................................................................................................ 8
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Additional Resources ............................................................................................................... 10
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Cengage Video Resources ................................................................................................. 10
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Appendix ................................................................................................................................... 10
Generic Rubrics ................................................................................................................... 10
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Standard Writing Rubric...................................................................................................... 10
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Standard Discussion Rubric................................................................................................ 12
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Purpose and Perspective of the Chapter g g g g g
The purpose of this chapter is to examine the relationship between law and
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g ethics. The chapterpresents issues involved to determining the ethical responsibilities of
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gbusinesses and provides students a framework for analyzing and making ethical g g g g g g g g g g
gdecisions.
Cengage Supplements g
The following product-level supplements provide additional information that may help
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gyou inpreparing your course. They are available in the Instructor Resource
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gCenter.
PowerPoint Deck g
List of Student Downloads
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Students should download the following items from the Student Companion Center
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g to completethe activities and assignments related to this chapter:
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PowerPoint Deck (without teaching notes, activities, or answers) g g g g g g g
Chapter Objectives g
The following objectives are addressed in this chapter:
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1. Discuss how business can discourage unethical behavior g g g g g g
2. Explain the relationship between law and ethics g g g g g g
3. Compare duty-based ethics and utilitarian ethics g g g g g
4. Identify ethical problems in the global context g g g g g g
Key Terms g
business ethics: Ethics in a business context; a consensus of what constitutes
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g right or wrong behavior in the world of business and the application of moral
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g principles to situations that arisein a business setting. g g g g g g g g
categorical imperative: A concept developed by the philosopher Immanuel Kantg g g g g g g g g
g as an ethicalguideline for behavior. In deciding whether an action is right or
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g wrong, or desirable or undesirable, a person should evaluate the action in
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g terms of what would happen if everybody else in the same situation, or
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g category, acted the same way. g g g g
corporate social responsibility (CSR): The concept that corporations can and
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gshould actethically and be accountable to society for their actions.
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cost-benefit analysis: A decision-making technique that involves weighing the g g g g g g g g
g costs of a givenaction against the benefits of the action.
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duty-based ethics: An ethical philosophy rooted in the idea that every person
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g has certain dutiesto others, including both humans and the planet. Those duties
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g may be derived from religious principles or from other philosophical reasoning.
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ethical reasoning: A reasoning process in which an individual links his or her moral
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gconvictionsor ethical standards to the particular situation at hand.
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3
website, in whole or in part.
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