The authors of your textbook briefly introduce the

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The authors of your textbook briefly introduce the concept of sustainability in this chapter, explaining that integrating environmental sustainability into the concept of CSR is an increasing trend. Taking a long-term, “big picture” view, one can see that determining how best to operate as a business while minimizing waste, pollution, and resource consumption benefits society as a whole. If a company can do this in a creative and cost-saving way, it will have discovered a winning formula for profitability and social responsibility. Exploring Enlightened Self-Interest: Good Ethics and Good Business There’s increasingly less debate about whether or not good ethics is also good business. Billions of mobile phone cameras and the explosion of social media has resulted in much greater transparency for companies everywhere since the public can observe and respond to unethical behavior of all kinds all around the world. We’ve seen how corruption scandals in countries such as South Korea and Brazil have led to changes in the countries’ top leadership and in the fortunes of some companies closely tied to those leaders. We also have seen the way that sexual harassment and misconduct allegations have brought down leading figures in news and public opinion (Bill O’Reilly) and entertainment (Bill Cosby) in addition to CEOs of exciting, innovative new companies (Uber CEO Travis Kalanick). Motivating employees to think well about decisions and stay respectful of the process as well as other peoples’ rights and values is always in a company’s long-term self-interest. Efforts and practices toward ethical behavior aren’t less morally sound when they lead to good business outcomes. The idea that behaving ethically might be “bad for business” is false, an idea that should be resigned to the dustbin of history. Complete the Questions, Projects, and Exercises at the end of Chapter 5. Due to the nature of ethics, your answers will vary. However, you can find a guideline in the back of your textbook as to what your answers should include. Note: These answers won’t be graded, so do not send them to the school. After reading chapter 5, complete the Readings 5-1, 5-2, and 5-3 in your textbook. Now, pause for a moment and check your understanding with Self-Check 2.2. When you’ve completed this self-check, take the examination for Lesson 2.
© PENN FOSTER, INC. 2017 PAGE 30 BUSINESS ETHICS Lesson 2 Self-Check 2.2 Fill in the blank.

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