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Business Ethics & Golf

Business Ethics & Golf. 97 % of executives believe golf is a good way to establish business relationships 87% bet money on golf (especially 55+) 82% of Executives admit to cheating on the golf course 87% have played with a someone who cheated 86% admit to cheating in business

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Business Ethics & Golf

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  1. Business Ethics & Golf • 97 % of executives believe golf is a good way to establish business relationships • 87% bet money on golf (especially 55+) • 82% of Executives admit to cheating on the golf course • 87% have played with a someone who cheated • 86% admit to cheating in business • 82% say they hate people who cheat when they play golf • 59% of executives believe how a person plays golf is similar to how they conduct business • 73%: shows a person’s “true” character • 67%: person cheating in golf would cheat in business • 57%: hot head on course would have temper in office • 10% of men, 19% women, feign sick to play golf • 11% would rather hit hole-in-one than see son hit a home-run From: Starwood Hotels’ Study: www.hotelonline.com/News/PR2002_2nd/June02_HOTGolf.html

  2. Reasons Business People Act Unethically • Desired outcome • Self-serving • Image (look better) • Flawed / different ethical framework. • Justifying / rationalizing • Lack of consequences • Peer expectations / culture • Help others • Direction from superior • Unclear (awareness) ethics • Survival • Rebellion • Harm others / revenge / pleasure • Competitiveness

  3. 6 Reasons Business People Act Unethically • Rationalization • Bad role models in the organization • Peer pressure • Difficulty in defining what is ethical • Corporate culture • Pressure from Superiors From: “What is Ethical: Politics, Circumstances, Excuses Can Blur What is Right” by Michael S. Jones, ABC News.com, Feb. 21, 2002

  4. Plasma International. • Utility • Cost / benefit • $.90 is high payment context • Rights • PI right to make a profit • Patients right to uncontaminated blood • Know all costs • Protect company information • Care • Paying Africans • Justice • No regulation on price of blood • Same price for all?

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