Chapter 2 Version 2

Business LawBusiness LawMr. WhiselMr. WhiselChapter 2 Section 1-3Chapter 2 Section 1-3

SECTION 2.1 GOALSSECTION 2.1 GOALS

Define EthicsDefine Ethics Describe each element of the Describe each element of the

definitiondefinition Define Business EthicsDefine Business Ethics

WHAT DO ETHICS MEAN?WHAT DO ETHICS MEAN?

Lisa found a $20 bill in the girl’s Lisa found a $20 bill in the girl’s restroom at school. She bought her restroom at school. She bought her sister a gift with part of the money sister a gift with part of the money and put the rest of the money in her and put the rest of the money in her savingssavings

Joey found $20 in the girl’s restroom. Joey found $20 in the girl’s restroom. She knew whoever lost the money She knew whoever lost the money would probably need it, so she would probably need it, so she turned the money to the officeturned the money to the office

Who is displaying more ethical Who is displaying more ethical behavior?behavior?

What would you do?What would you do?

ETHICSETHICS

Defining what is right or wrong Defining what is right or wrong in a reasoned, impartial manner.in a reasoned, impartial manner. Elements areElements are

Right or WrongRight or Wrong ReasonableReasonable ImpartialImpartial

DECISION ABOUT RIGHT AND WRONGDECISION ABOUT RIGHT AND WRONG

A decision must affect you or A decision must affect you or someone else in a significant someone else in a significant wayway

REASONED DECISIONSREASONED DECISIONS

We all perceive things We all perceive things differently, which means one differently, which means one person likes something while person likes something while the other hates it.the other hates it.

Think about your decision Think about your decision unemotionallyunemotionally Reason right and wrong by Reason right and wrong by

referring to a written authorityreferring to a written authority Law is that authorityLaw is that authority

IMPARTIAL DECISIONSIMPARTIAL DECISIONS

The idea that the same ethical The idea that the same ethical standard is applied to everyone.standard is applied to everyone.

BUSINESS ETHICSBUSINESS ETHICS

The ethical principles used in The ethical principles used in making business decisionsmaking business decisions

Why doesn’t this happen?Why doesn’t this happen? PROFIT MAXIMIZATIONPROFIT MAXIMIZATION

To solve this we must replace with To solve this we must replace with humane ethical standardshumane ethical standards

This is why business outsourceThis is why business outsource

SECTION 2.1 END QUESTIONSSECTION 2.1 END QUESTIONS

THINK ABOUT LEGAL CONCEPTSTHINK ABOUT LEGAL CONCEPTS THINK CRITICALLY ABOUT THINK CRITICALLY ABOUT

EVIDENCEEVIDENCE


Reason based on consequencesReason based on consequences Reason using ethical rulesReason using ethical rules

TWO TYPES OF ETHICAL REASONTWO TYPES OF ETHICAL REASON

Based on ConsequencesBased on Consequences Based on the result of the actionBased on the result of the action Good act produces good resultsGood act produces good results Bad act produces bad resultsBad act produces bad results

Ethical RulesEthical Rules Based on Right or WrongBased on Right or Wrong Telling the Truth is always rightTelling the Truth is always right Telling a lie is always wrongTelling a lie is always wrong

Both Reach a Similar ConclusionsBoth Reach a Similar Conclusions

CONSEQUENCE BASED LEARNINGCONSEQUENCE BASED LEARNING

Lying usually produces bad Lying usually produces bad consequencesconsequences

Rules based ethics says that Rules based ethics says that lying is always wrong.lying is always wrong.

STEPS TO TAKE IN DECISION MAKINGSTEPS TO TAKE IN DECISION MAKING

Describe Alternative ActionsDescribe Alternative Actions Forecast ConsequencesForecast Consequences Evaluate ConsequencesEvaluate Consequences

DESCRIBE ALTERNATIVE ACTIONSDESCRIBE ALTERNATIVE ACTIONS

Think of all possible ways to do Think of all possible ways to do the thing it is that your trying to the thing it is that your trying to accomplishaccomplish

FORECAST CONSEQUENCESFORECAST CONSEQUENCES

Figure out what the result would Figure out what the result would be of each of the Alternative be of each of the Alternative Actions that you plannedActions that you planned

EVALUATE CONSEQUENCESEVALUATE CONSEQUENCES

Figure out which is a lesser Figure out which is a lesser consequence or good consequence or good consequence.consequence. What is right and wrong?What is right and wrong? Who is going to affect?Who is going to affect?

The GoodThe Good Primary concern toward will Primary concern toward will

human life should be directedhuman life should be directed

FUNDAMENTAL ETHICAL RULESFUNDAMENTAL ETHICAL RULES

Acts are judged as right or Acts are judged as right or wrongwrong

Two sourcesTwo sources Authority-Law BasedAuthority-Law Based Human Reasoning-Would you like Human Reasoning-Would you like

this to be done to you?this to be done to you? Universalizing-picturing Universalizing-picturing

everyone doing what you were everyone doing what you were about to do.about to do.

MORAL RIGHTS AND BELIEFSMORAL RIGHTS AND BELIEFS

Rightful claims on other people Rightful claims on other people that flow from each person’s that flow from each person’s status as a human beingstatus as a human being



EVIDENCEEVIDENCE


Explain how our laws reflect Explain how our laws reflect ethics based on consequences ethics based on consequences and ethics based on reasoningand ethics based on reasoning

Discuss why we are obligated to Discuss why we are obligated to obey lawsobey laws

MAJORITY RULEMAJORITY RULE

Laws accepted to the majority of Laws accepted to the majority of the peoplethe people

People determine the laws that People determine the laws that bind them due to the elected bind them due to the elected officials that they electedofficials that they elected Presidential CampaignPresidential Campaign

ETHICS EXPRESSEDETHICS EXPRESSED

Constitution seeks to ensure Constitution seeks to ensure that our federal lawmaking that our federal lawmaking system reflects the desires of system reflects the desires of our citizensour citizens

Created legislature-CongressCreated legislature-Congress House of RepresentitivesHouse of Representitives SenateSenate

FIFTH AMENDMENTFIFTH AMENDMENT

No person shall be deprived of No person shall be deprived of life, liberty, or property without life, liberty, or property without due process of lawdue process of law

CIVIL RIGHTS OR CIVIL LIBERTIESCIVIL RIGHTS OR CIVIL LIBERTIES

Generally are personal, human rights Generally are personal, human rights recognized and guaranteed by our recognized and guaranteed by our ConstitutionConstitution Freedom of ReligionFreedom of Religion Freedom of SpeechFreedom of Speech Freedom of PressFreedom of Press Freedom from Unreasonable Search and Freedom from Unreasonable Search and

SeizuresSeizures Right to a speedy and impartial trialRight to a speedy and impartial trial Right to VoteRight to Vote And many more…..And many more…..

We hold these truths to be We hold these truths to be self-evident, that all men self-evident, that all men are created equal, that they are created equal, that they are endowed by their are endowed by their Creator with certain Creator with certain unalienable Rights, that unalienable Rights, that among these Life, Liberty, among these Life, Liberty, and the Pursuit of and the Pursuit of Happiness.Happiness.

ETHICAL GOAL REFLECTEDETHICAL GOAL REFLECTED

FairnessFairness Teacher ExampleTeacher Example

WHY DO WE HAVE TO LISTEN?WHY DO WE HAVE TO LISTEN?

Ethical Reason demands us to Ethical Reason demands us to obeyobey

Imagine what it would be like!Imagine what it would be like!

SOCRATESSOCRATES

Read Page 27-28Read Page 27-28 IntegrityIntegrity

Capacity to do what is right even Capacity to do what is right even in the face of temptation or in the face of temptation or pressure to do otherwisepressure to do otherwise

AVOID PUNISHMENTAVOID PUNISHMENT

Fidelity BondFidelity Bond Insurance policy that pays the Insurance policy that pays the

employer in case of theft by employer in case of theft by employeesemployees

JUSTIFIED VIOLATION OF THE LAWJUSTIFIED VIOLATION OF THE LAW

Civil DisobedienceCivil Disobedience Open, peaceful, violation of the law to protest its Open, peaceful, violation of the law to protest its

alleged injustice.alleged injustice. Ethical when:Ethical when:

A written law is in conflict with ethical reasoningA written law is in conflict with ethical reasoning No effective political methods are available to No effective political methods are available to

change the lawchange the law The civil disobedience is nonviolentThe civil disobedience is nonviolent The civil disobedience does not advance one’s The civil disobedience does not advance one’s

immediate self-interestimmediate self-interest The civil disobedience is public and one willingly The civil disobedience is public and one willingly

accepts the punishment for violation the law.accepts the punishment for violation the law. Scafflaws- People who do not respect the lawScafflaws- People who do not respect the law



EVIDENCEEVIDENCE

CHAPTER IN REVIEWCHAPTER IN REVIEW

Pg 30-32Pg 30-32 THE ENDTHE END

Chapter 2 Version 2

Spiritual

Transcript of Chapter 2 Version 2