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Business Ethics
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Business Ethics
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Business Ethics
Preface
1. About OpenStax
2. About OpenStax resources
3. About Business Ethics
4. Additional resources
5. About the authors
Chapter 1. Why Ethics Matter
Table of Contents
Introduction*
1.1. Being a Professional of Integrity*
1.2. Ethics and Profitability*
1.3. Multiple versus Single Ethical Standards*
Glossary
Summary
Summary
Assessment Questions
Assessment Questions
Endnotes
Endnotes
Chapter 2. Ethics from Antiquity to the Present
Table of Contents
Introduction*
2.1. The Concept of Ethical Business in Ancient Athens*
2.2. Ethical Advice for Nobles and Civil Servants in Ancient China*
2.3. Comparing the Virtue Ethics of East and West*
2.4. Utilitarianism: The Greatest Good for the Greatest Number*
2.5. Deontology: Ethics as Duty*
2.6. A Theory of Justice*
Glossary
Summary
Summary
Assessment Questions
Assessment Questions
Endnotes
Endnotes
Chapter 3. Defining and Prioritizing Stakeholders
Table of Contents
Introduction*
3.1. Adopting a Stakeholder Orientation*
3.2. Weighing Stakeholder Claims*
3.3. Ethical Decision-Making and Prioritizing Stakeholders*
3.4. Corporate Social Responsibility (CSR)*
Glossary
Summary
Summary
Assessment Questions
Assessment Questions
Endnotes
Endnotes
Chapter 4. Three Special Stakeholders: Society, the Environment, and Government
Table of Contents
Introduction*
4.1. Corporate Law and Corporate Responsibility*
4.2. Sustainability: Business and the Environment*
4.3. Government and the Private Sector*
Glossary
Summary
Summary
Assessment Questions
Assessment Questions
Endnotes
Endnotes
Chapter 5. The Impact of Culture and Time on Business Ethics
Table of Contents
Introduction*
5.1. The Relationship between Business Ethics and Culture*
5.2. Business Ethics over Time*
5.3. The Influence of Geography and Religion*
5.4. Are the Values Central to Business Ethics Universal?*
Glossary
Summary
Summary
Assessment Questions
Assessment Questions
Endnotes
Endnotes
Chapter 6. What Employers Owe Employees
Table of Contents
Introduction*
6.1. The Workplace Environment and Working Conditions*
6.2. What Constitutes a Fair Wage?*
6.3. An Organized Workforce*
6.4. Privacy in the Workplace*
Glossary
Summary
Summary
Assessment Questions
Assessment Questions
Endnotes
Endnotes
Chapter 7. What Employees Owe Employers
Table of Contents
Introduction*
7.1. Loyalty to the Company*
7.2. Loyalty to the Brand and to Customers*
7.3. Contributing to a Positive Work Atmosphere*
7.4. Financial Integrity*
7.5. Criticism of the Company and Whistleblowing*
Glossary
Summary
Summary
Assessment Questions
Assessment Questions
Endnotes
Endnotes
Chapter 8. Recognizing and Respecting the Rights of All
Table of Contents
Introduction*
8.1. Diversity and Inclusion in the Workforce*
8.2. Accommodating Different Abilities and Faiths*
8.3. Sexual Identification and Orientation*
8.4. Income Inequalities*
8.5. Animal Rights and the Implications for Business*
Glossary
Summary
Summary
Assessment Questions
Assessment Questions
Endnotes
Endnotes
Chapter 9. Professions under the Microscope
Table of Contents
Introduction*
9.1. Entrepreneurship and Start-Up Culture*
9.2. The Influence of Advertising*
9.3. The Insurance Industry*
9.4. Ethical Issues in the Provision of Health Care*
Glossary
Summary
Summary
Assessment Questions
Assessment Questions
Endnotes
Endnotes
Chapter 10. Changing Work Environments and Future Trends
Table of Contents
Introduction*
10.1. More Telecommuting or Less?*
10.2. Workplace Campuses*
10.3. Alternatives to Traditional Patterns of Work*
10.4. Robotics, Artificial Intelligence, and the Workplace of the Future*
Glossary
Summary
Summary
Assessment Questions
Assessment Questions
Endnotes
Endnotes
Chapter 11. Epilogue: Why Ethics Still Matter
Table of Contents
Introduction*
11.1. Business Ethics in an Evolving Environment*
11.2. Committing to an Ethical View*
11.3. Becoming an Ethical Professional*
11.4. Making a Difference in the Business World*
Endnotes
Endnotes
Appendix A. The Lives of Ethical Philosophers*
A.1. The Ethics of Aristotle: Virtue Theory
A.2. The Ethics of Bentham and Mill: Utilitarianism
A.3. The Ethics of Kant: Deontology
A.4. The Ethics of John Rawls: Justice Theory
Appendix B. Profiles in Business Ethics: Contemporary Thought Leaders*
B.1. Dan Bane, chairman and chief executive officer of Trader Joe’s
B.2. Mary T. Barra, chairman and CEO of General Motors
B.3. Marc Benioff, chairman, CEO, and founder of Salesforce
B.4. John C. (Jack) Bogle, founder of The Vanguard Group
B.5. Yvon Chouinard, founder, and Rose Marcario, CEO and president of Patagonia Works
B.6. Tony Hsieh, CEO of Zappos
B.7. Kim Jordan, CEO of New Belgium Brewing Company
B.8. Indra Nooyi, chairman and CEO of PepsiCo
B.9. Jostein Solheim, CEO of Ben & Jerry’s
Appendix C. A Succinct Theory of Business Ethics*
C.1. The Nature of Business Ethics
C.2. The Nature of the Ethical Business Leader
Solutions
Chapter 1
Chapter 1
Chapter 2
Chapter 2
Chapter 3
Chapter 3
Chapter 4
Chapter 4
Chapter 5
Chapter 5
Chapter 6
Chapter 6
Chapter 7
Chapter 7
Chapter 8
Chapter 8
Chapter 9
Chapter 9
Chapter 10
Chapter 10
Index
Index
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