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Slides303-5-Ethics Principles-handout

Slides303-5-Ethics Principles-handout - Business 303...

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Business 303 Ethical Theories & Principles Professor von Nordenflycht Spring 2010 Session 5
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- 2 - Agenda In-the-News (~10m) Discuss: Orangewerks (~60m) in tables & jointly break (15m) Lecture: Ethics Principles (~30m) Discuss: A Tattle Tale? (~30m) Team Questions? (~5m)
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Session 5: Ethics - Principles - 3 -
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What is “Ethics” ?
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What’s the Problem? Why do we study this? Managers uncomfortable discussing ethical issues feeds society’s ambivalence about morality of business (and actual scandals, too) Ethics tends to be mis- or weakly-understood competing valid claims: e.g., efficiency vs. fairness myth that ethical = do no harm concern that ethical reasoning requires “technical expertise” Real pressures to lower standards perception of short-term gain by “cheating” – and loss by not, since everyone else is peer pressure to go along – let others define for you what is ethical
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Objectives 1. Articulate value of being ethical a. good for business (but when & how?) b. good for soul 2. Broaden your view of what is ethical 3.
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