Business Ethics

Author(s): KENNETH FERGUSON

Edition: 1

Copyright: 2020

Pages: 191

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Ebook

$114.26

ISBN 9781792409783

Details Electronic Delivery EBOOK 180 days

Preface

UNIT ONE:  ETHICAL THEORY AND BUSINESS

CHAPTER 1 Introduction to Ethical Theory
Learning Outcomes | Outline
1.1 What Is an Ethical Theory?
1.2 Are Ethical Claims Objectively True?
1.3 The Supernatural Theory of Ethics
1.4 The Cultural Theory of Ethics
Case Study 1.1 The High Cost of Ethics
Discussion Questions
Case Study 1.2 Child Labor in Foreign Sweatshops
Discussion Questions
Selected Readings
Key Terms

CHAPTER 2 The Egoistic Theory of Ethics
Learning Outcomes | Outline
2.1 Psychological Egoism
2.2 Ethical Egoism
2.3 The Contract Theory of Ethics
2.4 The Prisoner’s Dilemma
Case Study 2.1 The Raid on General American Oil
Discussion Questions
Case Study 2.2 Home Inspections for Welfare Recipients
Discussion Questions
Selected Readings
Key Terms
Endnotes

CHAPTER 3 Altruistic Theories of Ethics
Learning Outcomes | Outline
3.1 The Evolution of Altruism
3.2 Immanuel Kant’s Theory of Ethics
3.3 Issues with Kant’s Theory of Ethics
3.4 The Utilitarian Theory of Ethics
3.5 Issues with the Utilitarian Theory
Case Study 3.1 The Murderer at the Door
Discussion Questions
Case Study 3.2 The Cannibal Lottery
Discussion Questions
Selected Readings
Key Terms
Endnotes

UNIT TWO: THE ROLE OF ETHICS IN BUSINESS

CHAPTER 4 Vested Interests: Organizational Motivations, Responsibilities, and Relationships with Affected Parties
Learning Outcomes | Outline
Opening Thought Experiment
4.1 Advancing the Business Purpose
4.2 The Marketplace and Society
4.3 The Marketplace and Government
4.4 Corporate Social Responsibility
4.5 Stakeholder Theory versus Shareholder Theory
4.6 Core Practices and Voluntary Accountability
4.7 The Significance of Organizational Trust
Selected Readings
Take-Away Questions and Ideas
Key Terms
Endnotes​
ENGAGEMENT—What Do You Think?

CHAPTER 5 Corporate Cultures: The Roles and Impact of Leadership and Governance
Learning Outcomes | Outline
Opening Thought Experiment
5.1 The Concept of Corporate Culture
5.2 Benefits of Ethical Practices
5.3 Compliance versus Value-Based Cultures
5.4 Corporate Governance
5.5 Individual Leadership and Leadership Styles
Selected Readings
Take-Away Questions and Ideas
Key Terms
Endnotes​
ENGAGEMENT—What Do You Think?

CHAPTER 6 The Creative Destruction of Business Ethics
Learning Outcomes | Outline
Opening Thought Experiment
6.1 Maximizing the “Prosperity Opportunity”
6.2 Voluntary Cooperation and Setting Expectations
6.3 Challenge Processes and Driving Constructive Change
6.4 Value Creation and Measures
Selected Readings  
Take-Away Questions and Ideas
Key Terms
Endnotes
ENGAGEMENT—What Do You Think?

UNIT THREE: THE APPLICATION OF ETHICS IN BUSINESS

CHAPTER 7 Ethics Programs: Knowledge Processes and Decision Rights
Learning Outcomes | Outline
Opening Thought Experiment
7.1 The Case and Construct for an Ethics’ Program
7.2 Identifying Ethical Issues and Dilemmas
7.3 Dissecting Ethical Dilemmas
7.4 Tools of Ethics’ Management: Experiment, Observe, and Evaluate
Experiment
Observe
Analyze
7.5 Managing Self
Selected Readings
Take-Away Questions and Ideas
Key Terms
Endnotes​​
ENGAGEMENT—What Do You Think?

CHAPTER 8 Practical Sustainability: Ethics and Resilient Prosperity
Learning Outcomes | Outline
Opening Thought Experiment
8.1 A Practical Approach: Resilient Prosperity
8.2 Resources and Workable Frameworks
8.3 Responsibility, Efficiency, and Creativity
8.4 Taking a Practical Look at the Triple Bottom Line
Selected Readings
Take-Away Questions and Ideas
Key Terms
Endnote
ENGAGEMENT—What Do You Think?

CHAPTER 9 The Common Good: Ethical Considerations for Mutual Prosperity
Learning Outcomes | Outline
Opening Thought Experiment
9.1 Working Toward the Common Good
9.2 A Shared Ground for Ethical Frameworks
9.3 The Ripple Effect of Resilient Prosperity
9.4 Energizing Others: Establishing a Collective Purpose
Selected Readings
Take-Away Questions and Ideas
Key Terms
Endnotes​
ENGAGEMENT—What Do You Think?

UNIT FOUR: CONTEXTS FOR COMMON ISSUES 

CHAPTER 10 Workplace Issues
Learning Outcomes | Outline
Opening Thought Experiment
10.1 The Law and Workplace Relationships
10.2 Free Speech and Free Expression
10.3 Equal Protection and Discrimination
10.4 Whistleblowing and Retaliation
Selected Readings
Take-Away Questions and Ideas
Key Terms
Endnotes​
ENGAGEMENT—What Do You Think?

CHAPTER 11 Common Marketplace Issues
Learning Outcomes | Outline
Opening Thought Experiment
11.1 Financial Practices
11.2 Marketing Practices
11.3 Product Safety and Liability
11.4 Bribery and Corruption
Selected Readings
Take-Away Questions and Ideas
Key Terms
Endnote
ENGAGEMENT—What Do You Think?

KENNETH FERGUSON

Preface

UNIT ONE:  ETHICAL THEORY AND BUSINESS

CHAPTER 1 Introduction to Ethical Theory
Learning Outcomes | Outline
1.1 What Is an Ethical Theory?
1.2 Are Ethical Claims Objectively True?
1.3 The Supernatural Theory of Ethics
1.4 The Cultural Theory of Ethics
Case Study 1.1 The High Cost of Ethics
Discussion Questions
Case Study 1.2 Child Labor in Foreign Sweatshops
Discussion Questions
Selected Readings
Key Terms

CHAPTER 2 The Egoistic Theory of Ethics
Learning Outcomes | Outline
2.1 Psychological Egoism
2.2 Ethical Egoism
2.3 The Contract Theory of Ethics
2.4 The Prisoner’s Dilemma
Case Study 2.1 The Raid on General American Oil
Discussion Questions
Case Study 2.2 Home Inspections for Welfare Recipients
Discussion Questions
Selected Readings
Key Terms
Endnotes

CHAPTER 3 Altruistic Theories of Ethics
Learning Outcomes | Outline
3.1 The Evolution of Altruism
3.2 Immanuel Kant’s Theory of Ethics
3.3 Issues with Kant’s Theory of Ethics
3.4 The Utilitarian Theory of Ethics
3.5 Issues with the Utilitarian Theory
Case Study 3.1 The Murderer at the Door
Discussion Questions
Case Study 3.2 The Cannibal Lottery
Discussion Questions
Selected Readings
Key Terms
Endnotes

UNIT TWO: THE ROLE OF ETHICS IN BUSINESS

CHAPTER 4 Vested Interests: Organizational Motivations, Responsibilities, and Relationships with Affected Parties
Learning Outcomes | Outline
Opening Thought Experiment
4.1 Advancing the Business Purpose
4.2 The Marketplace and Society
4.3 The Marketplace and Government
4.4 Corporate Social Responsibility
4.5 Stakeholder Theory versus Shareholder Theory
4.6 Core Practices and Voluntary Accountability
4.7 The Significance of Organizational Trust
Selected Readings
Take-Away Questions and Ideas
Key Terms
Endnotes​
ENGAGEMENT—What Do You Think?

CHAPTER 5 Corporate Cultures: The Roles and Impact of Leadership and Governance
Learning Outcomes | Outline
Opening Thought Experiment
5.1 The Concept of Corporate Culture
5.2 Benefits of Ethical Practices
5.3 Compliance versus Value-Based Cultures
5.4 Corporate Governance
5.5 Individual Leadership and Leadership Styles
Selected Readings
Take-Away Questions and Ideas
Key Terms
Endnotes​
ENGAGEMENT—What Do You Think?

CHAPTER 6 The Creative Destruction of Business Ethics
Learning Outcomes | Outline
Opening Thought Experiment
6.1 Maximizing the “Prosperity Opportunity”
6.2 Voluntary Cooperation and Setting Expectations
6.3 Challenge Processes and Driving Constructive Change
6.4 Value Creation and Measures
Selected Readings  
Take-Away Questions and Ideas
Key Terms
Endnotes
ENGAGEMENT—What Do You Think?

UNIT THREE: THE APPLICATION OF ETHICS IN BUSINESS

CHAPTER 7 Ethics Programs: Knowledge Processes and Decision Rights
Learning Outcomes | Outline
Opening Thought Experiment
7.1 The Case and Construct for an Ethics’ Program
7.2 Identifying Ethical Issues and Dilemmas
7.3 Dissecting Ethical Dilemmas
7.4 Tools of Ethics’ Management: Experiment, Observe, and Evaluate
Experiment
Observe
Analyze
7.5 Managing Self
Selected Readings
Take-Away Questions and Ideas
Key Terms
Endnotes​​
ENGAGEMENT—What Do You Think?

CHAPTER 8 Practical Sustainability: Ethics and Resilient Prosperity
Learning Outcomes | Outline
Opening Thought Experiment
8.1 A Practical Approach: Resilient Prosperity
8.2 Resources and Workable Frameworks
8.3 Responsibility, Efficiency, and Creativity
8.4 Taking a Practical Look at the Triple Bottom Line
Selected Readings
Take-Away Questions and Ideas
Key Terms
Endnote
ENGAGEMENT—What Do You Think?

CHAPTER 9 The Common Good: Ethical Considerations for Mutual Prosperity
Learning Outcomes | Outline
Opening Thought Experiment
9.1 Working Toward the Common Good
9.2 A Shared Ground for Ethical Frameworks
9.3 The Ripple Effect of Resilient Prosperity
9.4 Energizing Others: Establishing a Collective Purpose
Selected Readings
Take-Away Questions and Ideas
Key Terms
Endnotes​
ENGAGEMENT—What Do You Think?

UNIT FOUR: CONTEXTS FOR COMMON ISSUES 

CHAPTER 10 Workplace Issues
Learning Outcomes | Outline
Opening Thought Experiment
10.1 The Law and Workplace Relationships
10.2 Free Speech and Free Expression
10.3 Equal Protection and Discrimination
10.4 Whistleblowing and Retaliation
Selected Readings
Take-Away Questions and Ideas
Key Terms
Endnotes​
ENGAGEMENT—What Do You Think?

CHAPTER 11 Common Marketplace Issues
Learning Outcomes | Outline
Opening Thought Experiment
11.1 Financial Practices
11.2 Marketing Practices
11.3 Product Safety and Liability
11.4 Bribery and Corruption
Selected Readings
Take-Away Questions and Ideas
Key Terms
Endnote
ENGAGEMENT—What Do You Think?

KENNETH FERGUSON