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Business Technology. Mr. Bernstein Greene, pp 370-3770: Ethical and Social Issues January 16 , 2014. Business Technology Mr. Bernstein. Business Ethics More than just following laws and regulations Morally justifiable behavior

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business technology

Business Technology

Mr. Bernstein

Greene, pp 370-3770:

Ethical and Social Issues

January 16, 2014

business technology mr bernstein
Business TechnologyMr. Bernstein

Business Ethics

More than just following laws and regulations

Morally justifiable behavior

Can vary from manager to manager, business to business or country to country

Good ethics is good business

business technology mr bernstein1
Business TechnologyMr. Bernstein

Business Ethics

Thinking about right and wrong in advance helps handle conflicts during a busy workday

Written Code of Ethics – values and rules that express the firm’s philosophy goals

Written Code clarifies some dilemmas, but not all

business technology mr bernstein2
Business TechnologyMr. Bernstein

A Famous

Code of Ethics

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Business TechnologyMr. Bernstein

Kraft Foods 10-point Code of Ethics

  • Make food that is safe to eat
  • Market responsibly
  • Treat people fairly
  • Respect the free market
  • Compete fairly
  • Respect the environment
  • Deal honesty with the government
  • Keep honest books and records
  • Never trade on inside information
  • Give Kraft Foods your complete business loyalty

From The Houston Chronicle, http://smallbusiness.chron.com/examples-code-ethics-business-4885.html

business technology mr bernstein4
Business TechnologyMr. Bernstein

Social Responsibility

Duty to contribute to society

Obligation to Stakeholders

Customers

Employees

Suppliers

Investors and Creditors

Community

Competitors

Is the business of business …business?

business technology mr bernstein5
Business TechnologyMr. Bernstein

Respect the Environment

Do not pollute

Conserve resources

Use green products

Sell green products

On the margin, its good for your business

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