CHAPTER 2. BUSINESS ETHICS. ETHICS. THE STUDY OF HOW PEOPLE OUGHT TO ACT. NOT HOW THEY ACT. HOW ETHICAL ARE YOU?. Quiz time Quiz rules: Do not put your name on this quiz Do not put your name on this quiz Do not put your name on this quiz. CALLED IN SICK WHEN NOT ILL?.
THE STUDY OF HOW PEOPLE OUGHT TO ACT
4. 18% 5. 13% 6. 50%
7. 37% 8. 17% 9. 12%
10. 71% 11. 71%
12. 32% 13. 28%
Career and Family:
Are career and family goals ethically compatible?
2. College students
3. Business practices
Reader’s Digest intentionally “lost” more then 1,100 wallets in 117 cities to see how many would be returned. The wallets contained up to $50 along with a name and phone number.
In a recent study of 600 workers, “Teams that viewed their supervisor as ethical showed a positive correlation with the following outcomes:
Managers are the ethics teachers of their organizations
WHAT ARE THE FACTS?
WHAT ARE THE CRITICAL ISSUES?
WHO ARE THE STAKEHOLDERS?
WHAT ARE THE ALTERNATIVES?
IS IT LEGAL?
WHAT ARE THE CONSEQUENCES?
DOES IT VIOLATE IMPORTANT VALUES?
DOES IT VIOLATE THE GOLDEN RULE?
IS IT JUST?
HAS THE PROCESS BEEN FAIR?
EXECUTIVES WHO BEHAVE ETHICALLY HAVE HAPPIER, MORE FULFILLED LIVES
UNETHICAL BEHAVIOR CAN DESTROY A COMPANY