ETHICS

1
ETHICS

• Chapter 1

2

• People do not need laws to tell them to act
  responsibly, while bad people will find a way
  around the laws.
• Plato

Good
3

• What management behaviors do you consider
  morally repugnant?

4
Socially Responsible Businesses

• Johnson Johnson
• Coca-Cola
• Gerber
• IBM
• Deere
• 3M
• Xerox
• JC Penney
• Pitney Bowes

5
Shareholders

• Customers
• Employees
• Community
• Environment
• Stockholders

6
Ethical Behavior

• Behavior that is consistent with the
  principles, norms and standards of business
  practice that have been agreed upon by society.

7
Ethical Behavior

• Good business
• Social responsible
• Attracts good talent
• Attracts customers

8
Is Business Ethics Just a Fad?

• Fads last about 10 years
• Interest for the last 40 years
• Media keeps focus on
• Government
• Business
• US Military
• Religion
• Sports

9
Can Business Ethics Be Taught?

• Dont the bad examples lead us astray?
• Shouldnt employees already know the difference
  between right and wrong?
• Can adults ethics be changed?
• Does our environment influence our ethics?

10
Ethics and the Law

• Should the only guiding principle
• be the law?

11

• Linda K. Trevino and Katherine A. Nelson,
  Managing Business Ethics, (Wiley, New Jersey) pp.
  2-22