Ferrell7e Student Ch03

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Business Ethics:Ethical Decision Making and

Cases, Seventh Edition

O.C. FerrellUniversity of New Mexico

John FraedrichUniversity of Wyoming

Linda FerrellUniversity of New Mexico

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Chapter 3

Emerging Business Ethics Issues


Recognizing an Ethical Issue

• Recognizing an ethical issue is difficult.

• Is business a game?• Is business a war?• What do you see as some causes

of unethical behavior?


Causes of Unethical Behavior

• Meeting overly aggressive objectives

• Meeting schedule pressures• Helping the organization survive• Saving jobs


Honesty and Fairness

• Honesty relates to truthfulness, integrity and trustworthiness.

• Fairness relates to being just, equitable, and impartial.


Abusive and Intimidating Behavior

• Bullying in the workplace• Bullying between companies


Lying

• Lying by commission• Lying by omission• Noise


Conflict of Interest

• The individual must be able to separate personal interests from business dealings.

• Bribery is a significant concern.


Bribery

• What constitutes bribery?– Active bribery– Passive bribery

• Are some bribes acceptable?


Information Technology and Corporate Intelligence

• Monitoring of employees• Consumer privacy• Hacking• Shoulder surfing


Discrimination

• Discrimination on the basis of race, color, religion, sex, age, and sexual orientation is illegal in the U.S.

• Affirmative action programs recruit, hire, train, and promote qualified individuals from groups that have traditionally been discriminated against.


Sexual Harassment

• Title VII of the Civil Rights Act of 1964

• What constitutes sexual harassment?

• Hostile work environment


Fraud

• Any purposeful communication that deceives, manipulates, or conceals facts in order to create a false impression

• Accounting fraud• Marketing fraud• Consumer fraud

Insider trading

1-illiagal trading2- legal trading


Intellectual property rights

Legal protection for intellectual properties.


Privacy issues

• 1-consumer awareness.• 2-lack of consumer control.


The challenge of determining an ethical issue in business.


Ferrell7e Student Ch03

Business

Transcript of Ferrell7e Student Ch03