Business Ethics, A Teaching and Learning Classroom Edition: Concepts and Cases

by Velasquez, Manuel G.

• ISBN13: 9780131930070
• ISBN10: 0131930079
• Edition: 6th
• Format: Paperback w/CD
• Copyright: 2006-01-01
• Publisher: Prentice Hall

Summary

This book provides readers with a clear, straightforward writing style, an abundance of examples, detailed real-life cases, and current data and statistics. It aims to 1) introduce ethical concepts that are relevant to resolving moral issues in business, 2) develop the reasoning and analytical skills needed to apply ethical concepts to business decisions, 3) identify moral issues specific to business, and 4) examine the social and natural environments within which moral issues in business arise. Chapter topics cover ethics and business, ethical principles in business, the business system, ethics in the marketplace, ethics and the environment, the ethics of consumer production and marketing, the ethics of job discrimination, and the individual in the organization. For anyone in business.

Table of Contents

Preface	vii
PART ONE Basic Principles	1	(122)
Ethics and Business	3	(54)
Introduction	4	(3)
Business Ethics and Its Issues	7	(17)
On the Edge: Business Ethics in Saudi Culture	20	(4)
Moral Development and Moral Reasoning	24	(11)
On the Edge: WorldCom's Whistleblower	28	(7)
Arguments For and Against Business Ethics	35	(6)
Moral Responsibility and Blame	41	(10)
On the Edge: Was National Semiconductor Morally Responsible?	45	(4)
On the Edge: Gun Manufacturers and Responsibility	49	(2)
Cases for Discussion	51	(6)
Slavery in the Chocolate Industry	51	(2)
ABC News: Enron's Fall	53	(4)
Ethical Principles in Business	57	(66)
Introduction	58	(2)
Utilitarianism: Weighing Social Costs and Benefits	60	(11)
Rights and Duties	71	(13)
On the Edge: Working for Eli Lilly & Company	73	(11)
Justice and Fairness	84	(16)
On the Edge: Conflict Diamonds	86	(8)
On the Edge: ExxonMobil, Amerada Hess, and Marathon Oil in Equatorial Guinea	94	(6)
The Ethics of Care	100	(5)
Integrating Utility, Rights, Justice, and Caring	105	(3)
An Alternative to Moral Principles: Virtue Ethics	108	(6)
Morality in International Contexts	114	(4)
Cases for Discussion	118	(5)
Publius	118	(1)
ABC News: Unocal in Burma	119	(4)
PART TWO The Market and Business	123	(82)
The Business System: Government, Markets, and International Trade	125	(40)
Introduction	126	(4)
Free Markets and Rights: John Locke	130	(5)
Free Markets and Utility: Adam Smith	135	(7)
Free Trade and Utility: David Ricardo	142	(3)
Marx and Justice: Criticizing Markets and Free Trade	145	(8)
On the Edge: Napster's, Grokster's, and Stream Cast's Revolution	148	(4)
On the Edge: Brian's Franchise	152	(1)
Conclusion: The Mixed Economy, the New Property, and the End of Marxism	153	(5)
Cases for Discussion	158	(7)
ABC News: GlaxoSmithKline, Bristol-Myers Squibb, and AIDS in Africa	158	(4)
Accolade versus Sega	162	(3)
Ethics in the Marketplace	165	(40)
Introduction	166	(1)
Perfect Competition	167	(9)
Monopoly Competition	176	(5)
On the Edge: Drug Company Monopolies and Profit	178	(3)
Oligopolistic Competition	181	(7)
Oligopolies and Public Policy	188	(6)
On the Edge: Fixing the Computer Memory Market	191	(2)
On the Edge: Oracle and Peoplesoft	193	(1)
Cases for Discussion	194	(11)
ABC News: Playing Monopoly: Microsoft	194	(6)
Archer Daniels Midland and the Friendly Competitors	200	(5)
PART THREE Business and Its External Exchanges: Ecology and Consumers	205	(96)
Ethics and the Environment	207	(52)
Introduction	208	(2)
The Dimensions of Pollution and Resource Depletion	210	(16)
On the Edge: The Aroma of Tacoma	212	(12)
On the Edge: The Auto Companies in China	224	(2)
The Ethics of Pollution Control	226	(16)
The Ethics of Conserving Depletable Resources	242	(8)
On the Edge: Exporting Poison	245	(5)
Cases for Discussion	250	(9)
The Ok Tedi Copper Mine	250	(4)
ABC News: Gas or Grouse?	254	(5)
The Ethics of Consumer Production and Marketing	259	(33)
Introduction	260	(2)
Markets and Consumer Protection	262	(3)
The Contract View of Business Firm's Duties to Consumers	265	(7)
The Due Care Theory	272	(6)
On the Edge: The Tobacco Companies and Product Safety	274	(4)
The Social Costs View of the Manufacturer's Duties	278	(2)
On the Edge: Advertising Death?	279	(1)
Advertising Ethics	280	(8)
On the Edge: New Balance and the ``Made in USA'' Label	287	(1)
Consumer Privacy	288	(4)
Cases for Discussion	292	(9)
Becton Dickinson and Needle Sticks	292	(4)
ABC News: The Ford/Firestone Debacle	296	(5)
PART FOUR Business and Its Internal Constituencies	301	(106)
The Ethics of Job Discrimination	303	(38)
Introduction	304	(2)
Job Discrimination: Its Nature	306	(4)
On the Edge: Johnson Controls' Fetal Protection Policy	310	(1)
Discrimination: Its Extent	310	(10)
Discrimination: Utility, Rights, and Justice	320	(9)
On the Edge: Wall Street: It's a Man's World	324	(5)
On the Edge: Peter Oiler and Winn-Dixie Stores	329	(1)
Affirmative Action	329	(12)
Cases for Discussion	341	(8)
ABC News: Should Kroger Pay Now for What Ralphs' Employee Did Then?	341	(3)
Wal-Mart's Women	344	(5)
The Individual in the Organization	349	(58)
Introduction	350	(1)
The Rational Organization	351	(2)
The Employee's Obligations to the Firm	353	(8)
The Firm's Duties to the Employee	361	(10)
On the Edge: Delivering Pizza	366	(5)
The Political Organization	371	(2)
Employee Rights	373	(17)
On the Edge: Employment at Will at Howmet Corporation?	384	(3)
On the Edge: Swingline Moves	387	(3)
Organizational Politics	390	(5)
The Caring Organization	395	(4)
Cases for Discussion	399	(8)
ABC News: Gap's Labor Problems	399	(5)
Who Should Pay?	404	(3)
Notes	407	(26)
Index	433