Business Ethics
(BUS-ETHICS.AS1) / ISBN : 978-1-64459-484-1
About This Course
The Business Ethics course is designed to equip you with the knowledge and skills to navigate the complex ethical challenges that arise in the corporate world and explore the historical context and evolution of ethical considerations in business. This course is designed for business professionals, managers, entrepreneurs, and anyone looking to integrate ethical practices into their professional endeavors.
Skills You’ll Get
Get the support you need. Enroll in our Instructor-Led Course.
Interactive Lessons
15+ Interactive Lessons | 297+ Exercises | 67+ Quizzes | 133+ Flashcards | 133+ Glossary of terms
Gamified TestPrep
115+ Pre Assessment Questions | 1+ Full Length Tests | 115+ Post Assessment Questions | 50+ Practice Test Questions
Preface
- About OpenStax
- About OpenStax resources
- About Business Ethics
Why Ethics Matter
- Being a Professional of Integrity
- Ethics and Profitability
- Multiple versus Single Ethical Standards
- Summary
- Assessment Questions
Ethics from Antiquity to the Present
- The Concept of Ethical Business in Ancient Athens
- Ethical Advice for Nobles and Civil Servants in Ancient China
- Comparing the Virtue Ethics of East and West
- Utilitarianism: The Greatest Good for the Greatest Number
- Deontology: Ethics as Duty
- A Theory of Justice
- Summary
- Assessment Questions
Defining and Prioritizing Stakeholders
- Adopting a Stakeholder Orientation
- Weighing Stakeholder Claims
- Ethical Decision-Making and Prioritizing Stakeholders
- Corporate Social Responsibility (CSR)
- Summary
- Assessment Questions
Three Special Stakeholders: Society, the Environment, and Government
- Corporate Law and Corporate Responsibility
- Sustainability: Business and the Environment
- Government and the Private Sector
- Summary
- Assessment Questions
The Impact of Culture and Time on Business Ethics
- The Relationship between Business Ethics and Culture
- Business Ethics over Time
- The Influence of Geography and Religion
- Are the Values Central to Business Ethics Universal?
- Summary
- Assessment Questions
What Employers Owe Employees
- The Workplace Environment and Working Conditions
- What Constitutes a Fair Wage?
- An Organized Workforce
- Privacy in the Workplace
- Summary
- Assessment Questions
What Employees Owe Employers
- Loyalty to the Company
- Loyalty to the Brand and to Customers
- Contributing to a Positive Work Atmosphere
- Financial Integrity
- Criticism of the Company and Whistleblowing
- Summary
- Assessment Questions
Recognizing and Respecting the Rights of All
- Diversity and Inclusion in the Workforce
- Accommodating Different Abilities and Faiths
- Sexual Identification and Orientation
- Income Inequalities
- Animal Rights and the Implications for Business
- Summary
- Assessment Questions
Professions under the Microscope
- Entrepreneurship and Start-Up Culture
- The Influence of Advertising
- The Insurance Industry
- Ethical Issues in the Provision of Health Care
- Summary
- Assessment Questions
Changing Work Environments and Future Trends
- More Telecommuting or Less?
- Workplace Campuses
- Alternatives to Traditional Patterns of Work
- Robotics, Artificial Intelligence, and the Workplace of the Future
- Summary
- Assessment Questions
Epilogue: Why Ethics Still Matter
- Business Ethics in an Evolving Environment
- Committing to an Ethical View
- Becoming an Ethical Professional
- Making a Difference in the Business World
Appendix A: The Lives of Ethical Philosophers
- The Ethics of Aristotle: Virtue Theory
- The Ethics of Bentham and Mill: Utilitarianism
- The Ethics of Kant: Deontology
- The Ethics of John Rawls: Justice Theory
Appendix B: Profiles in Business Ethics: Contemporary Thought Leaders
- Dan Bane, chairman and chief executive officer of Trader Joe’s
- Mary T. Barra, chairman and CEO of General Motors
- Marc Benioff, chairman, CEO, and founder of Salesforce
- John C. (Jack) Bogle, founder of The Vanguard Group
- Yvon Chouinard, founder, and Rose Marcario, CEO and president of Patagonia Works
- Tony Hsieh, CEO of Zappos
- Kim Jordan, CEO of New Belgium Brewing Company
- Indra Nooyi, chairman and CEO of PepsiCo
- Jostein Solheim, CEO of Ben & Jerry’s
Appendix C: A Succinct Theory of Business Ethics
- The Nature of Business Ethics
- The Nature of the Ethical Business Leader