Session_2_-_Cht_1R

Session_2_-_Cht_1R - Ethics and Business Sessions 2 Chapter...

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1 Velasquerz, M.G. cited in Heller, V.L. (2006 Velasquerz, M.G. cited in Heller, V.L. (2006 Ethics and Business Ethics and Business Sessions 2 – Chapter 1 Business Ethics Concepts and Cases, 6 th ed. By Manuel G. Velasquez Quoted or paraphrased Richard Trevisan
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Velasquerz, M.G. cited in Heller, V.L. (20 Velasquerz, M.G. cited in Heller, V.L. (20 2 Session Objectives Session Objectives We will discuss what is “business ethics” Explore whether moral standards can be applied to business. Learn the five characteristics of Moral Standards
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Velasquerz, M.G. cited in Heller, V.L. (20 Velasquerz, M.G. cited in Heller, V.L. (20 3 Moral Standards Moral Standards What are the five characteristics of Moral Standards?
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Velasquerz, M.G. cited in Heller, V.L. (20 Velasquerz, M.G. cited in Heller, V.L. (20 4 Definition of Business Ethics Definition of Business Ethics What is it? Many ways to define it What is your definition?
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Velasquerz, M.G. cited in Heller, V.L. (20 Velasquerz, M.G. cited in Heller, V.L. (20 5 Relevance to companies Relevance to companies Over the long run, and for the most part, ethical behavior gives a company significant competitive advantages over companies that are not ethical. Companies compete for the same customers They also compete for the same employees.
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Velasquerz, M.G. cited in Heller, V.L. (20 Velasquerz, M.G. cited in Heller, V.L. (20 6 What about the individual? What about the individual? Is ethical behavior to the individual’s advantage? Why? Why not?
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Velasquerz, M.G. cited in Heller, V.L. (20 Velasquerz, M.G. cited in Heller, V.L. (20 7 Moral Standards Moral Standards Question – Where do personal standards come from?
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Velasquerz, M.G. cited in Heller, V.L. (20 Velasquerz, M.G. cited in Heller, V.L. (20 8 Ethics and its Issues Ethics and its Issues Question - What then is the meaning of the word “Ethics”
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Velasquerz, M.G. cited in Heller, V.L. (20 Velasquerz, M.G. cited in Heller, V.L. (20 9 Ethics Dictionary Definitions Ethics Dictionary Definitions The principles of conduct governing an individual or a group The rules by which a person lives his or her personal life. For instance, Purchasing Ethics governing the behavior of professional purchasing people in that line of work. The study of morality.
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Velasquerz, M.G. cited in Heller, V.L. (20 10 10 But What is Ethics? But What is Ethics? Ethics is the discipline that examines one’s moral standards or moral standards of a society. For example, when a person takes that standards that has been assimilated from their family, church or friends and asks: what do these standards imply for dealing with this situation? Do the standards still apply.
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This note was uploaded on 10/12/2007 for the course MGMT 6 taught by Professor Trevisan,richard during the Fall '07 term at Santa Clara.

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Session_2_-_Cht_1R - Ethics and Business Sessions 2 Chapter...

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