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Business Ethics

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Business EthicsIndex
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Table of contents
  1. Preface
  2. 1 Why Ethics Matter
    1. Introduction
    2. 1.1 Being a Professional of Integrity
    3. 1.2 Ethics and Profitability
    4. 1.3 Multiple versus Single Ethical Standards
    5. Key Terms
    6. Summary
    7. Assessment Questions
    8. Endnotes
  3. 2 Ethics from Antiquity to the Present
    1. Introduction
    2. 2.1 The Concept of Ethical Business in Ancient Athens
    3. 2.2 Ethical Advice for Nobles and Civil Servants in Ancient China
    4. 2.3 Comparing the Virtue Ethics of East and West
    5. 2.4 Utilitarianism: The Greatest Good for the Greatest Number
    6. 2.5 Deontology: Ethics as Duty
    7. 2.6 A Theory of Justice
    8. Key Terms
    9. Summary
    10. Assessment Questions
    11. Endnotes
  4. 3 Defining and Prioritizing Stakeholders
    1. Introduction
    2. 3.1 Adopting a Stakeholder Orientation
    3. 3.2 Weighing Stakeholder Claims
    4. 3.3 Ethical Decision-Making and Prioritizing Stakeholders
    5. 3.4 Corporate Social Responsibility (CSR)
    6. Key Terms
    7. Summary
    8. Assessment Questions
    9. Endnotes
  5. 4 Three Special Stakeholders: Society, the Environment, and Government
    1. Introduction
    2. 4.1 Corporate Law and Corporate Responsibility
    3. 4.2 Sustainability: Business and the Environment
    4. 4.3 Government and the Private Sector
    5. Key Terms
    6. Summary
    7. Assessment Questions
    8. Endnotes
  6. 5 The Impact of Culture and Time on Business Ethics
    1. Introduction
    2. 5.1 The Relationship between Business Ethics and Culture
    3. 5.2 Business Ethics over Time
    4. 5.3 The Influence of Geography and Religion
    5. 5.4 Are the Values Central to Business Ethics Universal?
    6. Key Terms
    7. Summary
    8. Assessment Questions
    9. Endnotes
  7. 6 What Employers Owe Employees
    1. Introduction
    2. 6.1 The Workplace Environment and Working Conditions
    3. 6.2 What Constitutes a Fair Wage?
    4. 6.3 An Organized Workforce
    5. 6.4 Privacy in the Workplace
    6. Key Terms
    7. Summary
    8. Assessment Questions
    9. Endnotes
  8. 7 What Employees Owe Employers
    1. Introduction
    2. 7.1 Loyalty to the Company
    3. 7.2 Loyalty to the Brand and to Customers
    4. 7.3 Contributing to a Positive Work Atmosphere
    5. 7.4 Financial Integrity
    6. 7.5 Criticism of the Company and Whistleblowing
    7. Key Terms
    8. Summary
    9. Assessment Questions
    10. Endnotes
  9. 8 Recognizing and Respecting the Rights of All
    1. Introduction
    2. 8.1 Diversity and Inclusion in the Workforce
    3. 8.2 Accommodating Different Abilities and Faiths
    4. 8.3 Sexual Identification and Orientation
    5. 8.4 Income Inequalities
    6. 8.5 Animal Rights and the Implications for Business
    7. Key Terms
    8. Summary
    9. Assessment Questions
    10. Endnotes
  10. 9 Professions under the Microscope
    1. Introduction
    2. 9.1 Entrepreneurship and Start-Up Culture
    3. 9.2 The Influence of Advertising
    4. 9.3 The Insurance Industry
    5. 9.4 Ethical Issues in the Provision of Health Care
    6. Key Terms
    7. Summary
    8. Assessment Questions
    9. Endnotes
  11. 10 Changing Work Environments and Future Trends
    1. Introduction
    2. 10.1 More Telecommuting or Less?
    3. 10.2 Workplace Campuses
    4. 10.3 Alternatives to Traditional Patterns of Work
    5. 10.4 Robotics, Artificial Intelligence, and the Workplace of the Future
    6. Key Terms
    7. Summary
    8. Assessment Questions
    9. Endnotes
  12. 11 Epilogue: Why Ethics Still Matter
    1. Introduction
    2. 11.1 Business Ethics in an Evolving Environment
    3. 11.2 Committing to an Ethical View
    4. 11.3 Becoming an Ethical Professional
    5. 11.4 Making a Difference in the Business World
    6. Endnotes
  13. A | The Lives of Ethical Philosophers
  14. B | Profiles in Business Ethics: Contemporary Thought Leaders
  15. C | A Succinct Theory of Business Ethics
  16. Answer Key
    1. Chapter 1
    2. Chapter 2
    3. Chapter 3
    4. Chapter 4
    5. Chapter 5
    6. Chapter 6
    7. Chapter 7
    8. Chapter 8
    9. Chapter 9
    10. Chapter 10
  17. Index
A
access economy 10.3 Alternatives to Traditional Patterns of Work
acculturation 5.1 The Relationship between Business Ethics and Culture
advertising 9.2 The Influence of Advertising
Affordable Care Act (ACA) 9.4 Ethical Issues in the Provision of Health Care
agribusiness 8.5 Animal Rights and the Implications for Business
amenities 3.1 Adopting a Stakeholder Orientation
Americans with Disabilities Act 8.2 Accommodating Different Abilities and Faiths
animal rights 4.3 Government and the Private Sector, 8.5 Animal Rights and the Implications for Business
Aquinas 2.1 The Concept of Ethical Business in Ancient Athens
Aristotle 1.1 Being a Professional of Integrity, 2.1 The Concept of Ethical Business in Ancient Athens, 2.1 The Concept of Ethical Business in Ancient Athens, 2.3 Comparing the Virtue Ethics of East and West, Appendix A The Lives of Ethical Philosophers
artificial intelligence 10.4 Robotics, Artificial Intelligence, and the Workplace of the Future
artificial intelligence (AI) 10.4 Robotics, Artificial Intelligence, and the Workplace of the Future
Athens 2.1 The Concept of Ethical Business in Ancient Athens
automation 10.4 Robotics, Artificial Intelligence, and the Workplace of the Future, 10.4 Robotics, Artificial Intelligence, and the Workplace of the Future
awareness 2.3 Comparing the Virtue Ethics of East and West
B
Bane Appendix B Profiles in Business Ethics: Contemporary Thought Leaders
Barra Appendix B Profiles in Business Ethics: Contemporary Thought Leaders
Ben & Jerry’s Appendix B Profiles in Business Ethics: Contemporary Thought Leaders
benefits 6.1 The Workplace Environment and Working Conditions
Benioff Appendix B Profiles in Business Ethics: Contemporary Thought Leaders
Bentham 2.4 Utilitarianism: The Greatest Good for the Greatest Number, Appendix A The Lives of Ethical Philosophers
bias 5.4 Are the Values Central to Business Ethics Universal?
Bogle Appendix B Profiles in Business Ethics: Contemporary Thought Leaders
brand 7.2 Loyalty to the Brand and to Customers
branding 7.2 Loyalty to the Brand and to Customers
bribe 7.4 Financial Integrity
Buffet 1.2 Ethics and Profitability
Burwell v. Hobby Lobby 4.1 Corporate Law and Corporate Responsibility
business 5.1 The Relationship between Business Ethics and Culture
business ethics 1.1 Being a Professional of Integrity, 11.1 Business Ethics in an Evolving Environment
business judgment rule 4.1 Corporate Law and Corporate Responsibility
business purpose exception 6.4 Privacy in the Workplace
C
cap and trade 4.2 Sustainability: Business and the Environment
carbon footprint 4.2 Sustainability: Business and the Environment
carbon tax 4.2 Sustainability: Business and the Environment
categorical imperative 2.5 Deontology: Ethics as Duty
Chouinard Appendix B Profiles in Business Ethics: Contemporary Thought Leaders
Citizens United 4.3 Government and the Private Sector
Citizens United v. Federal Election Commission 4.2 Sustainability: Business and the Environment
Civil Rights Act 8.1 Diversity and Inclusion in the Workforce
claim 9.3 The Insurance Industry
Clean Air Act 4.3 Government and the Private Sector
closed shop 6.3 An Organized Workforce
code of conduct 7.3 Contributing to a Positive Work Atmosphere
Codetermination 6.3 An Organized Workforce
collective bargaining 6.3 An Organized Workforce
Commerce Clause 4.3 Government and the Private Sector
comparable worth 6.2 What Constitutes a Fair Wage?
compliance 1.1 Being a Professional of Integrity
confidentiality 7.1 Loyalty to the Company
Confucius 2.2 Ethical Advice for Nobles and Civil Servants in Ancient China, 2.3 Comparing the Virtue Ethics of East and West
consent exception 6.4 Privacy in the Workplace
consequentialism 2.4 Utilitarianism: The Greatest Good for the Greatest Number
consumerism 5.1 The Relationship between Business Ethics and Culture
control 2.3 Comparing the Virtue Ethics of East and West
copayment 9.4 Ethical Issues in the Provision of Health Care
corporate culture 1.2 Ethics and Profitability
Corporate Equality Index 8.3 Sexual Identification and Orientation
corporate personhood 4.2 Sustainability: Business and the Environment
corporate social responsibility 3.4 Corporate Social Responsibility (CSR), 4.1 Corporate Law and Corporate Responsibility, 4.1 Corporate Law and Corporate Responsibility
corporate social responsibility (CSR) 1.2 Ethics and Profitability
corporate status 4.1 Corporate Law and Corporate Responsibility
cosmetic testing 8.5 Animal Rights and the Implications for Business
CSR 3.4 Corporate Social Responsibility (CSR)
culture 5.1 The Relationship between Business Ethics and Culture
cybersecurity 7.3 Contributing to a Positive Work Atmosphere
D
deductible 9.4 Ethical Issues in the Provision of Health Care
Deepwater Horizon 4.2 Sustainability: Business and the Environment, 4.3 Government and the Private Sector
defined-contribution retirement plans 7.1 Loyalty to the Company
DeGeorge 5.4 Are the Values Central to Business Ethics Universal?
deontology 1.1 Being a Professional of Integrity, 2.5 Deontology: Ethics as Duty
descriptive approach 3.2 Weighing Stakeholder Claims
diffused stakeholder 3.2 Weighing Stakeholder Claims
diversity dividend 8.1 Diversity and Inclusion in the Workforce
Dodge v. Ford Motor Company 4.1 Corporate Law and Corporate Responsibility
drug testing 6.4 Privacy in the Workplace
duty of confidentiality 7.1 Loyalty to the Company
duty of loyalty 7.1 Loyalty to the Company, 7.1 Loyalty to the Company
E
eBay Domestic Holdings Inc. v. Newmark 4.1 Corporate Law and Corporate Responsibility
EEOC 6.1 The Workplace Environment and Working Conditions
Electronic Communications Privacy Act of 1986 6.4 Privacy in the Workplace
employment at will 6.4 Privacy in the Workplace
enabling stakeholder 3.2 Weighing Stakeholder Claims
enculturation 5.1 The Relationship between Business Ethics and Culture, 5.1 The Relationship between Business Ethics and Culture
entrepreneur 9.1 Entrepreneurship and Start-Up Culture
entrepreneurial culture 9.1 Entrepreneurship and Start-Up Culture
environment 4.2 Sustainability: Business and the Environment, 4.2 Sustainability: Business and the Environment
Equal Employment Opportunity Commission 6.1 The Workplace Environment and Working Conditions, 8.1 Diversity and Inclusion in the Workforce
Equal Pay Act 6.2 What Constitutes a Fair Wage?
ethical maximum 3.1 Adopting a Stakeholder Orientation
ethical minimum 3.1 Adopting a Stakeholder Orientation
ethical relativism 1.3 Multiple versus Single Ethical Standards
ethics 1.1 Being a Professional of Integrity
eudaimonia 2.1 The Concept of Ethical Business in Ancient Athens
exigency 3.3 Ethical Decision-Making and Prioritizing Stakeholders
F
fair wage 6.2 What Constitutes a Fair Wage?
fiduciary duty 4.1 Corporate Law and Corporate Responsibility
flextime 10.3 Alternatives to Traditional Patterns of Work
Ford 4.1 Corporate Law and Corporate Responsibility
Ford Motor Company 4.1 Corporate Law and Corporate Responsibility
Foreign Corrupt Practices Act 7.4 Financial Integrity
Friedman 1.2 Ethics and Profitability, 4.1 Corporate Law and Corporate Responsibility
functional stakeholder 3.2 Weighing Stakeholder Claims
G
gender diversity 8.1 Diversity and Inclusion in the Workforce
gender wage gap 8.4 Income Inequalities
general index funds 4.1 Corporate Law and Corporate Responsibility
General Motors Appendix B Profiles in Business Ethics: Contemporary Thought Leaders
gig economy 10.3 Alternatives to Traditional Patterns of Work
Global 100 4.2 Sustainability: Business and the Environment
globalization 5.1 The Relationship between Business Ethics and Culture, 5.1 The Relationship between Business Ethics and Culture, 5.1 The Relationship between Business Ethics and Culture
golden mean 2.1 The Concept of Ethical Business in Ancient Athens
goodwill 1.2 Ethics and Profitability
greenwashing 3.4 Corporate Social Responsibility (CSR)
H
harassment 7.3 Contributing to a Positive Work Atmosphere
harm principle 2.4 Utilitarianism: The Greatest Good for the Greatest Number
Hippocratic Oath 1.1 Being a Professional of Integrity
honor 2.1 The Concept of Ethical Business in Ancient Athens
Hsieh Appendix B Profiles in Business Ethics: Contemporary Thought Leaders
humanistic business model 5.4 Are the Values Central to Business Ethics Universal?
Hume 2.5 Deontology: Ethics as Duty
I
inclusion 8.1 Diversity and Inclusion in the Workforce
income inequality 8.4 Income Inequalities
insider trading 7.4 Financial Integrity
instrumental approach 3.2 Weighing Stakeholder Claims
insurance 9.3 The Insurance Industry
integrity 1.1 Being a Professional of Integrity
intellectual property 7.1 Loyalty to the Company
internal marketing 7.2 Loyalty to the Brand and to Customers
internships 10.3 Alternatives to Traditional Patterns of Work
ISO 14000 4.2 Sustainability: Business and the Environment
J
job sharing 10.3 Alternatives to Traditional Patterns of Work
Jordan Appendix B Profiles in Business Ethics: Contemporary Thought Leaders
junzi 2.2 Ethical Advice for Nobles and Civil Servants in Ancient China
justice as fairness 2.6 A Theory of Justice
justice theory 2.6 A Theory of Justice
K
Kant 1.1 Being a Professional of Integrity, 2.5 Deontology: Ethics as Duty, Appendix A The Lives of Ethical Philosophers
Keystone XL pipeline 4.3 Government and the Private Sector
L
labor union 6.3 An Organized Workforce
LEED certification 4.2 Sustainability: Business and the Environment
li 2.2 Ethical Advice for Nobles and Civil Servants in Ancient China
limited liability 4.1 Corporate Law and Corporate Responsibility
limited liability companies 4.1 Corporate Law and Corporate Responsibility
localization 5.3 The Influence of Geography and Religion
long-term perspective 1.2 Ethics and Profitability
loyalty 7.1 Loyalty to the Company
M
managerial ethics 2.3 Comparing the Virtue Ethics of East and West
Manhattan 5.1 The Relationship between Business Ethics and Culture
medical research 8.5 Animal Rights and the Implications for Business
mercantilism 5.2 Business Ethics over Time
middle class 8.4 Income Inequalities
Mill 2.4 Utilitarianism: The Greatest Good for the Greatest Number, Appendix A The Lives of Ethical Philosophers
minimum wage 6.2 What Constitutes a Fair Wage?, 8.4 Income Inequalities
mission 5.1 The Relationship between Business Ethics and Culture
monitoring 6.4 Privacy in the Workplace, 6.4 Privacy in the Workplace
moral agency 5.4 Are the Values Central to Business Ethics Universal?
moral minimum 4.1 Corporate Law and Corporate Responsibility
motive 2.3 Comparing the Virtue Ethics of East and West
multipayer health care system 9.4 Ethical Issues in the Provision of Health Care
N
New Belgium Brewing Appendix B Profiles in Business Ethics: Contemporary Thought Leaders
non-compete agreement 7.1 Loyalty to the Company
nondisclosure agreement 7.1 Loyalty to the Company
nonsolicitation clause 7.1 Loyalty to the Company
Nooyi Appendix B Profiles in Business Ethics: Contemporary Thought Leaders
normative approach 3.2 Weighing Stakeholder Claims
normative ethical theories 1.1 Being a Professional of Integrity
Normative stakeholders 3.2 Weighing Stakeholder Claims
O
Obamacare 9.4 Ethical Issues in the Provision of Health Care
Occupational Safety and Health Act 6.1 The Workplace Environment and Working Conditions
organizational culture 5.4 Are the Values Central to Business Ethics Universal?
original position 2.6 A Theory of Justice
OSHA 6.1 The Workplace Environment and Working Conditions
P
Patagonia Appendix B Profiles in Business Ethics: Contemporary Thought Leaders
pay ratio 6.3 An Organized Workforce
pay secrecy 7.5 Criticism of the Company and Whistleblowing
PepsiCo Appendix B Profiles in Business Ethics: Contemporary Thought Leaders
Phronesis 1.1 Being a Professional of Integrity
phrónēsis 2.1 The Concept of Ethical Business in Ancient Athens
premiums 9.3 The Insurance Industry
productivity 6.3 An Organized Workforce
Project Shakti 4.1 Corporate Law and Corporate Responsibility
psychological appeal 9.2 The Influence of Advertising
public health 4.3 Government and the Private Sector
purpose 5.1 The Relationship between Business Ethics and Culture
Q
quan 2.2 Ethical Advice for Nobles and Civil Servants in Ancient China
qui tam provision 7.5 Criticism of the Company and Whistleblowing
quid pro quo 4.1 Corporate Law and Corporate Responsibility
R
Rawls 2.6 A Theory of Justice, Appendix A The Lives of Ethical Philosophers
reasonable accommodation 8.2 Accommodating Different Abilities and Faiths
redlining 9.3 The Insurance Industry
religion 5.3 The Influence of Geography and Religion, 5.4 Are the Values Central to Business Ethics Universal?
religious beliefs 8.2 Accommodating Different Abilities and Faiths
responsible employer 6.1 The Workplace Environment and Working Conditions
Right-to-work laws 6.3 An Organized Workforce
robotics 10.4 Robotics, Artificial Intelligence, and the Workplace of the Future, 10.4 Robotics, Artificial Intelligence, and the Workplace of the Future
Rockefeller 5.2 Business Ethics over Time, 5.3 The Influence of Geography and Religion
S
Salesforce Appendix B Profiles in Business Ethics: Contemporary Thought Leaders
Sarbanes-Oxley 4.3 Government and the Private Sector
sexual harassment 6.1 The Workplace Environment and Working Conditions
sexual identification 8.3 Sexual Identification and Orientation
sexual orientation 8.3 Sexual Identification and Orientation
shareholder 1.2 Ethics and Profitability
shareholder primacy 4.1 Corporate Law and Corporate Responsibility
Shlensky v. Wrigley 4.1 Corporate Law and Corporate Responsibility
short-term perspective 1.2 Ethics and Profitability
single-payer health care system 9.4 Ethical Issues in the Provision of Health Care
social contract 1.2 Ethics and Profitability
social contract theory 2.6 A Theory of Justice
social index funds 4.1 Corporate Law and Corporate Responsibility
social media 9.2 The Influence of Advertising
social responsibility of business 3.1 Adopting a Stakeholder Orientation
Solheim Appendix B Profiles in Business Ethics: Contemporary Thought Leaders
stakeholder 3.1 Adopting a Stakeholder Orientation, 3.2 Weighing Stakeholder Claims, 3.2 Weighing Stakeholder Claims, 3.3 Ethical Decision-Making and Prioritizing Stakeholders
stakeholder claim 3.2 Weighing Stakeholder Claims
stakeholder management 3.3 Ethical Decision-Making and Prioritizing Stakeholders
stakeholder prioritization 3.3 Ethical Decision-Making and Prioritizing Stakeholders
stakeholders 1.1 Being a Professional of Integrity
states’ rights 4.3 Government and the Private Sector
stockholder 1.2 Ethics and Profitability
subliminal advertising 9.2 The Influence of Advertising
sustainability 4.2 Sustainability: Business and the Environment, 4.2 Sustainability: Business and the Environment, 4.2 Sustainability: Business and the Environment, 4.2 Sustainability: Business and the Environment, 4.3 Government and the Private Sector
T
Tarbell 5.2 Business Ethics over Time
telecommuting 10.1 More Telecommuting or Less?
telework 10.1 More Telecommuting or Less?
The Vanguard Group Appendix B Profiles in Business Ethics: Contemporary Thought Leaders
trade secret 7.1 Loyalty to the Company
Trader Joe’s Appendix B Profiles in Business Ethics: Contemporary Thought Leaders
tragedy of the commons 4.2 Sustainability: Business and the Environment
transparency 6.1 The Workplace Environment and Working Conditions
triple bottom line (TBL) 3.4 Corporate Social Responsibility (CSR)
U
UN Universal Declaration of Human Rights 5.4 Are the Values Central to Business Ethics Universal?
unanimity of acceptance 2.6 A Theory of Justice
undue hardship 8.2 Accommodating Different Abilities and Faiths
Union of Concerned Scientists 4.2 Sustainability: Business and the Environment
United Nations (UN) Global Compact 5.2 Business Ethics over Time
universal health care system 9.4 Ethical Issues in the Provision of Health Care
universal values 5.4 Are the Values Central to Business Ethics Universal?
utilitarianism 1.1 Being a Professional of Integrity, 2.4 Utilitarianism: The Greatest Good for the Greatest Number, 2.4 Utilitarianism: The Greatest Good for the Greatest Number, 2.4 Utilitarianism: The Greatest Good for the Greatest Number, 2.4 Utilitarianism: The Greatest Good for the Greatest Number
utility function 2.4 Utilitarianism: The Greatest Good for the Greatest Number
V
veil of ignorance 2.6 A Theory of Justice, 2.6 A Theory of Justice
virtue ethics 2.1 The Concept of Ethical Business in Ancient Athens
virtue theory 1.1 Being a Professional of Integrity
W
Weber 9.1 Entrepreneurship and Start-Up Culture
wellness programs 9.4 Ethical Issues in the Provision of Health Care
whistleblowing 7.5 Criticism of the Company and Whistleblowing
work style 7.3 Contributing to a Positive Work Atmosphere
work-life balance 10.2 Workplace Campuses
Worker Adjustment and Retraining Notification (WARN) Act 6.1 The Workplace Environment and Working Conditions
workplace campus 10.2 Workplace Campuses
workplace discrimination 6.1 The Workplace Environment and Working Conditions
workplace diversity 8.1 Diversity and Inclusion in the Workforce
workplace personalities 7.3 Contributing to a Positive Work Atmosphere
workplace violence 7.3 Contributing to a Positive Work Atmosphere
Wrigley Company 4.1 Corporate Law and Corporate Responsibility
Z
Zappos Appendix B Profiles in Business Ethics: Contemporary Thought Leaders
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