Business Ethics: Concepts and Cases / Edition 7

Business Ethics: Concepts and Cases / Edition 7

by Manuel G. Velasquez
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Business Ethics: Concepts and Cases / Edition 7

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 the moral issues involved in the management of specific problem areas in 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.

Product Details

ISBN-13: 2900205017668
Publisher: Pearson
Publication date: 07/08/2011
Series: MyThinkingLab Series
Edition description: NE
Pages: 504
Product dimensions: 7.90(w) x 9.90(h) x 0.80(d)

Table of Contents

Part 1Basic Principles1
1Ethics and Business2
1.1The Nature of Business Ethics7
1.2Moral Development and Moral Reasoning27
1.3Arguments for and Against Business Ethics38
1.4Moral Responsibility and Blame46
Cases for Discussion61
Napster's Revolution61
H. B. Fuller and the Street Children of Central America64
2Ethical Principles in Business70
2.1Utilitarianism: Weighing Social Costs and Benefits73
2.2Rights and Duties88
2.3Justice and Fairness105
2.4The Ethics of Care122
2.5Integrating Utility, Rights, Justice, and Caring129
2.6An Alternative to Moral Principles: Virtue Ethics132
2.7Morality in International Contexts141
Cases for Discussion155
Philip Morris' Troubles156
Pepsi's Burma Connection163
Part 2The Market and Business169
3The Business System170
3.1Free Market and Rights: John Locke175
3.2The Utility of Free Markets: Adam Smith183
3.3Marxist Criticisms192
3.4Conclusion: The Mixed Economy199
Cases for Discussion210
The Health Business210
Accolade Versus Sega214
Brian's Franchise216
4Ethics in the Marketplace220
4.1Perfect Competition222
4.2Monopoly Competition233
4.3Oligopolistic Competition236
4.4Oligopolies and Public Policy246
Cases for Discussion252
Playing Monopoly: Microsoft252
A Japanese Bribe260
Part 3Business and Its External Exchanges--Ecology and Consumers265
5Ethics and the Environment266
5.1The Dimensions of Pollution and Resource Depletion269
5.2The Ethics of Pollution Control287
5.3The Ethics of Conserving Depletable Resources308
Cases for Discussion325
Genetic Engineering at Monsanto/Pharmacia325
The New Market Opportunity329
6The Ethics of Consumer Production and Marketing332
6.1Markets and Consumer Protection335
6.2The Contract View of Business' Duties to Consumers339
6.3The Due Care Theory348
6.4The Social Costs View of the Manufacturer's Duties352
6.5Advertising Ethics355
6.6Consumer Privacy363
Cases for Discussion373
AIDS and Needles373
Toy Wars379
Part 4Business and Its Internal Constituencies--Employee Issues385
7The Ethics of Job Discrimination386
7.1Job Discrimination: Its Nature388
7.2Discrimination: Its Extent393
7.3Discrimination: Utility, Rights, and Justice406
7.4Affirmative Action415
Cases for Discussion438
Wage Differences at Robert Hall438
Brian Weber441
8The Individual in the Organization443
8.1The Rational Organization445
8.2The Employee's Obligations to the Firm447
8.3The Firm's Duties to the Employee457
8.4The Political Organization463
8.5Employee Rights465
8.6Organizational Politics484
8.7The Caring Organization491
Cases for Discussion503
The Gap503
Working for Eli Lilly & Company509

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