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Contents - Lessons & Practice

Business

Business Ethics

OpenStax book

OpenStax

Business Ethics

11 lessons

One lesson for each chapter of Business Ethics, in the book’s order. The lesson teaches what that chapter says you need to know, then checks it.

  1. 1Why Ethics MatterThe first steps are to ask ourselves how we define success and to understand that integrity calls on us to act in a way that is consistent with our words.
  2. 2Ethics from Antiquity to the PresentHe believed a person’s actions determined whether he or she was virtuous, and the point of the virtuous life was happiness, or eudaimonia
  3. 3Defining and Prioritizing StakeholdersSuch classifications may include enabling stakeholders, normative stakeholders, functional stakeholders, and diffused stakeholders.
  4. 4Three Special Stakeholders: Society, the Environment, and GovernmentDespite the ongoing ethical debate, being a good corporate citizen is a goal toward which most contemporary corporations strive.
  5. 5The Impact of Culture and Time on Business EthicsWith increasingly diverse domestic and global markets and the spread of consumerism, companies must consider the ethical implications of outsourcing production and resist the temptation to look the other way when their…
  6. 6What Employers Owe EmployeesThere is a financial payoff in that a well-treated workforce is also a productive one
  7. 7What Employees Owe EmployersInternal marketing is one process by which a company instills employee commitment to the brand and builds loyalty in its workforce.
  8. 8Recognizing and Respecting the Rights of AllDiversity may also bring some initial challenges, and some employees can be reluctant to see its advantages, but committed managers can deal with these obstacles effectively and make diversity a success through inclusion
  9. 9Professions under the MicroscopeThe opportunities to create a company, be your own boss, make a dramatic impact on business, establish an entrepreneurial culture that will be adopted by others, and possibly become rich in the process certainly all…
  10. 10Changing Work Environments and Future TrendsSome challenges of telecommuting for the manager are maintaining the privacy of the firm’s data, transmitting corporate culture, defining performance objectives, and encouraging collaboration.
  11. 11Epilogue: Why Ethics Still MatterNot only does the world seem to have shrunk, but the twenty-first century pace of change seems to have sped up time itself.