TAILIEUCHUNG - Lecture Business and society - Chapter 4: Ethics and ethical reasoning

The goals of this chapter are: Defining ethics and business ethics, evaluating why businesses should be ethical, knowing why ethical problems occur in business, identifying managerial values as influencing ethical decision making, recognizing how people’s spirituality influences their ethical behavior, understanding stages of moral reasoning, analyzing ethical problems using generally accepted ethics theories. | Chapter 4 Ethics and Ethical Reasoning Copyright © 2014 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin Ch. 4: Key Learning Objectives Defining ethics and business ethics Evaluating why businesses should be ethical Knowing why ethical problems occur in business Identifying managerial values as influencing ethical decision making Recognizing how people’s spirituality influences their ethical behavior Understanding stages of moral reasoning Analyzing ethical problems using generally accepted ethics theories 4- The Meaning of Ethics Ethics A conception of right and wrong conduct Tells us whether our behavior is moral or immoral Deals with fundamental human relationships—how we think and behave toward others and want them to think and behave toward us Ethical Principles Guides to moral behavior Business Ethics Application of general ethical ideas to business behavior 4- Sources of Ethics Notions of right and wrong come from many sources Religious beliefs

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