Business Ethics and Ethical Business » (1st Edition)

Business Ethics and Ethical Business is a brief yet remarkably comprehensive introduction to the thought-provoking field of business ethics. The text is organized into three parts that cover the role of business in society, the ethics of internal management, and the challenges of international business. It introduces the standards essential in business ethics, explores a wide range of issues using concrete examples, and provides analytical tools for guiding ethical decisions in the real world.

Features:

* Includes an appendix containing sixteen short case scenarios modeled on ethical problems in business; these studies are keyed to relevant chapters and designed to stimulate class discussion and provide material for essay assignments
* Introduces central ethical theories including Aristotle's virtue ethics, Kant's rule-based ethics, Mill's utilitarianism, and Ross's common-sense pluralism
* Introduces a set of principles comprising a decision framework for conducting business ethically
* Examines the two main competing views of business in a democratic society—the free market view and the corporate social responsibility approach
* Considers both large companies and small, family-owned businesses
* Includes a glossary of many key terms in business ethics

Business Ethics and Ethical Business is ideal for undergraduate or MBA courses, as either a standalone text or a companion to an anthology or selected case studies. Every chapter is self-contained, so the text can be used in whole or in part and in long or short courses.

Pt. I The role of business in a free democracy

1 Two democratic traditions 3

2 The rights and social responsibilities of business 8

3 The constituencies of ethical business 23

4 A framework for making ethical decisions 30

5 Ethical business, environmental responsibility, and sustainabilty 43

6 Marketing : product, target, and image 48

7 The ethics of financial representation 59

Pt. II The ethics of internal management

8 Hiring policies and compensation standards 69

9 Conditions of employment and codes of ethics 82

10 Religion in the workplace 91

11 Managerial leadership and corporate culture 98

Pt. III Ethical problems of global business

12 International trade and cross-cultural standards 109

13 Nationality, international business ethics, and cosmopolitanism 116

14 Conclusion 129

Brief case scenarios 133

Glossary 145

Endnotes 151

Index 161