This case discusses the collapse of Britains last remaining major car manufacturer MG
Rover in 2005, and the subsequent loss of 6,500 jobs in the former industrial heartland
of the West Midlands. The case traces the role played by the fi
Do you agree that business ethics is important? First, define business ethics based on the
text and then agree or disagree with one of the reasons offered for the importance of
business ethics (starting on page 9, questions 1-8: respond to one of them).
What is a corporation?
- Not the same as people
- Dominant form of business entities in the modern global economy
- defined in terms of legal status & the ownership of assets
- Legally: corporations are typically regarded as INDEPENDENT from
This chapter deals with the growth of corporate attempts to influence
government policy through lobbying, political donations and bribery. It focuses
on the issue of corporate firms doing business relations with government which
has become a ke
Locus of control:
control of owned property no longer n hands of owner
In hands of directors, board, another committee.
Shareholders thus have best indirect & impersonal control over their property
too many shareholders, no one owns
Answer the Questions with Notes:
1) What are the main elements of business ethics management?
Discuss and account for the extent to which they are likely to be
used in large versus small companies.
There are many activities that could be seen as aspects o
Business Ethics is an Oxymoron - suggests that there are not, or cannot be ethics in business. A
business in some way is unethical (inherently bad), or that its at best amoral (as in outside of our
normal moral considerations).
Latter case Albert Carr (19
Normative ethical theories - by normative we mean ethical theories that propose to prescribe the
morally correct way of acting.
Ethical theories: the rules and principles that determine right and wrong for a given situation
Role of Ethical Theory:
Employees as Stakeholders:
-Typically a contract between the corporation that stipulates the rights & duties of both parties
-This legal relationship is embedded in a dense network of legislation that provides a legally
CHAPTER 10: Civil Society and Business Ethics
Civil Society Organizations include pressure groups, non-governmental
organizations, charities, religious groups and other private, non- profit distributing
organizational actors that are neither business nor
Assignment 2 Chapter 8 - Questions 2
By: David Cross, 0675955
2. What is deception in marketing communications? Give
examples of marketing practices that you believe are
In a very broad sense, marketing communications are messages that any c
Assignment #1 Option #1
By: David Cross, 0675955
1. Briefly describe the basic details of the case
I worked for the Town of Oakville in their Parks & Recreation centre as a day camp
counsellor for 3 summers and became very knowledgeable about the proper p
To what extent should corporations be responsible for their actions? Keep in mind
Friedmans statement, Stakeholder Theory, Shareholder Theory, CSR, and CC.
The extent to which corporations should be responsible for their actions is a tricky question to
Theory should play a large role in business, however,
Given the individual and situational factors outlined in the text, which individual and
which situational factors are the most important to consider when making ethical
decisions? Support your answer with reasons and evidence from the text
The most import
With evidence from the text, state whether you think codes of ethics are important for business
organizations. What are some of the key challenges and benefits of these codes of ethics?
Codes of ethics is important for business organizations as it is the
Cooperatives are definitely viable alternative
To what extent is ethical and sustainable consumption important for you? How much more, if at
all, would you be willing to pay for a produce that is ethical and sustainable? Can you think of
particular examples of this? What products could be more ethical
I strongly believe that companies should participate in ethical sourcing. To start, ethical
sourcing is the inclusion
I agree with Hsieh that MNCs have a duty to co
Descriptive business ethics theories seek to describe how ethics decisions are actually made in
business, and what influences the process and outcomes of those decisions.
Descriptive business ethics theories
seek to describe how ethics
decisions are actua