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Solutions Manual for Business Ethics Now 6th Edition Andrew Ghillyer

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Solutions Manual for Business Ethics Now 6th Edition Andrew Ghillyer

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Solutions Manual for Business Ethics Now 6th Edition Andrew Ghillyer




Solutions Manual for Business Ethics Now 6th Edition Andrew Ghillyer

,Solutions Manual for Business Ethics Now 6th Edition Andrew Ghillyer




Complete Solution Manual for SM TB
Business Ethics Now 6e Andrew
Ghillyer



CHAPTER 1

Understanding Ethics


Table of Contents

Chapter Summary and Learning Outcomes 1-2
Learning Outcomes 1-2
Frontline Focus: ―Doing the Right Thing‖ Questions 1-2
Learning Outcome 1 1-3
Learning Outcome 2 1-3
Learning Outcome 3 1-5
Learning Outcome 4 1-6
Learning Outcome 5 1-6
Life Skills 1-9
Progress ✓Questions 1-9
Ethical Dilemma 1-12
Frontline Focus: ―Doing the Right Thing—Megan Makes a Decision‖ Questions 1-14
Key Terms 1-15
Review Questions 1-16
Review Exercises 1-17
Team Exercises 1-19
Thinking Critically 1-21




1-1
Copyright © McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill
Education.

,Solutions Manual for Business Ethics Now 6th Edition Andrew Ghillyer




Chapter Summary

This chapter begins by defining ethics and how people decipher between ―right‖ and ―wrong‖ or
―good‖ and ―bad‖ behavior. It explores how people live their lives according to a standard of
―right‖ or ―wrong‖ behavior and how their personal set of morals are formed. Society plays a
role in the traditions and customs that shape the standards or moral set that people adopt.
Common standards shared among individuals can be called values or a values system. Some
people have different definitions of ethics such as, personal integrity, rules of appropriate
individual behavior, rules of appropriate behavior for a community or society, and some define
ethics as simply ―doing the right thing.‖ The Golden Rule—do unto others as you would have
them do unto you—is also a goal of living an ethical life by some. There are also some ethical
theories discussed, which are divided into three categories—virtue ethics, ethics for the greater
good, and universal ethics. The chapter concludes with a discussion on ethical relativism, applied
ethics, ethical dilemmas, and how to resolve these situations.

Learning Outcomes

After studying this chapter, the student should be able to:

1. Define ethics.
2. Explain the role of values in ethical decision making.
3. Understand opposing ethical theories and their limitations.
4. Discuss ethical relativism.
5. Explain an ethical dilemma and apply a process to resolve it.

Extended Chapter Outline

Frontline Focus
―Doing the Right Thing‖ Questions

1. What would be ―the right thing‖ to do here? How would the ―Golden Rule‖ relate to
Megan‘s decision?

The ―right thing‖ to do here would be to run the Wilson‘s application through the standard
procedure and approve their application, pending everything in the background check
returns as acceptable. The Golden Rule—do unto others as you would have them do unto
you—applies to Megan‘s decision because she wouldn‘t want someone to deny or purposely
delay her application because of her ethnicity.




1-2
Copyright © McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill
Education.

, Solutions Manual for Business Ethics Now 6th Edition Andrew Ghillyer




2. How would you resolve this ethical dilemma? Review the three-step process in ‗Resolving
Ethical Dilemmas‘ for more details.

First, Megan needs to analyze the consequences. If she listens to Kate, she will hinder the
Wilson‘s chances of getting an apartment. If she goes against Kate, she will jeopardize her
job, but will do the ―right thing‖ with respect to the Golden Rule by not discriminating.
Second, Megan should analyze possible actions. Listening to Kate would be unethical,
whereas disobeying Kate would be the honest, fair, and ―right thing‖ to do. Finally, Megan
must make a decision.

3. What should Megan do now?

Megan needs to make a decision. She needs to approach Kate in a professional manner and
have a discussion on her ethical point of view. The ethical decision would be to follow
through with the Wilson‘s application in the standard procedure just the same as any other
family.

Learning Outcome 1: Define Ethics.

• Ethics is the manner by which we try to live our lives according to a standard of ―right‖ or
―wrong‖ behavior—in both how we think and behave toward others and how we would
like them to think and behave toward us.
o How people arrive at the definition of what‘s right and wrong is a result of many
factors, including how they were raised, their religion, and the traditions and beliefs
of their society.
➢ Society is a structured community of people bound together by similar
traditions and customs.

Learning Outcome 2: Explain the Role of Values in Ethical Decision Making.

• Moral standards are principles based on religious, cultural, or philosophical beliefs by
which judgments are made about good or bad behavior.
o Culture is a particular set of attitudes, beliefs, and practices that characterize a group
of individuals.
• Beliefs can come from many different sources:
o Friends
o Family
o Ethnic background
o Religion



1-3
Copyright © McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill
Education.

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