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Business Ethics

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Business Ethics

Rationale

Teaching and Learning Resources

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Case Studies

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Learning Guide

 

Rationale

Business Ethics is a form of the art of applied ethics that examines ethical rules and principles within a commercial context, the various moral or ethical problems that can arise in a business setting, and any special duties or obligations that apply to persons who are engaged in commerce.

In the increasingly conscience-focused marketplaces of the 21st century, the demand for more ethical business processes and actions (known as ethicism) is increasing.[1] Simultaneously, pressure is applied on industry to improve business ethics through new public initiatives and laws (e.g. higher UK road tax for higher-emission vehicles).[2]

Business ethics can be both a normative and a descriptive discipline. As a corporate practice and a career specialisation, the field is primarily normative. In academia descriptive approaches are also taken. The range and quantity of business ethical issues reflects the degree to which business is perceived to be at odds with non-economic social values. Historically, interest in business ethics accelerated dramatically during the 1980s and 1990s, both within major corporations and within academia. For example, today most major corporate websites lay emphasis on commitment to promoting non-economic social values under a variety of headings (e.g. ethics codes, social responsibility charters). In some cases, corporations have redefined their core values in the light of business ethical considerations (e.g. BP's "beyond petroleum" environmental tilt).

Stakeholder engagement

Ethics
Theoretical

Meta-ethics
Consequentialism / Deontology / Virtue ethics
Ethics of care
Good and evil | Morality

Applied

Medical ethics / Bioethics
Business ethics
Environmental ethics
Human rights / Animal rights
Legal ethics
Media ethics / Marketing ethics
Ethics of war

Core issues

Justice / Value
Right / Duty / Virtue
Equality / Freedom / Trust
Free will

Key thinkers

Aristotle / Confucius
Aquinas / Hume / Kant / Bentham / Mill / Nietzsche
Hare / Rawls / MacIntyre / Singer / Gilligan

Lists

List of ethics topics
List of ethicists

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Learning Contents Tutorials Assignments Recommended Texts Workshops Discussion Forums Subject Reviews Readings Learner Support Resources Staff Development Web Cases Case Studies

An Overview of Business Ethics

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Readings

 

Ethical Issues in Business

Tutorials

Readings

 

Applying Moral Philosophies to Business Ethics

Tutorials

Readings

 

Social Responsibility

Tutorials

Readings

 

A Framework for Understanding Ethical Decision Making in Business

Tutorials

Readings

 

Organizational Culture and Ethical Decision Making

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Organizational Relationships and Conflicts in Ethical Decision Making

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Readings

 

Development of an Effective Ethics Program

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Readings

 

Business Ethics in a Global Economy

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Business Ethics and Organizational Performance

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Recommended Text

Business Ethics
Fifth Edition
O. C. Ferrell, Colorado State University
John Fraedrich, Southern Illinois University, Carbondale
Linda Ferrell, University of Wyoming

Check the availability and buy your books from our Bookshop.

 

Resources

 

 

Case Studies

Your instructor may assign a variety of case studies for your analysis, either individually or in groups. This section can help you learn how to effectively analyze and write a case study. It provides a checklist and explanation of areas to consider, suggested research tools, and tips on financial analysis. One word of warning: be sure these guidelines do not conflict with any directions your instructor gives you.

Case 1: Hershey Foods' Conflict with R.E.M.
http://www.hersheys.com/index_flash.shtml
http://www.westwoodmusicgroup.com/

Case 2: SPAM Versus the Muppets
http://www.spam.com/index.htm
http://www.hormel.com/
http://college.hmco.com/business/ferrell/ethics/5e/
students/cases/>http://www.henson.com/home/home_index.html

Case 3: Firestone's Tire Recall
http://www.bridgestone-firestone.com/

Case 4: Sunbeam Corporation and "Chainsaw Al"
http://www.sunbeam.com/

Case 5: Napster: The Debate Over Copyright Infringement
http://www.napster.com/

Case 6: Dow Corning's Breast Implants
http://www.dowcorning.com/

Case 7: Mitsubishi: Sexual Harassment in the Workplace
http://www.mitsubishi.com/index_e.html

Case 8: Tobacco Under Fire: Advertising a Harmful Product
http://www.philipmorris.com/home.asp
http://college.hmco.com/business/ferrell/ethics/5e/students/cases/
http://www.brownandwilliamson.com/home.html

Case 9: Ben and Jerry's Homemade: Social Responsibility and Growth
http://www.benjerry.com/

Case 10: The Wreck of the Exxon Valdez
http://www.exxon.com/index_flash.html

Case 11: Archer Daniels Midland Company: The Costs of Price Fixing
http://www.admworld.com/

Case 12: Columbia/HCA Healthcare Corporation
http://www.hcahealthcare.com/Default.htm

Case 13: Microsoft and the U.S. Government
http://www.microsoft.com/
http://www.apple.com/
http://www.sun.com/

Case 14: The Straying of Astra USA
http://www.astrazeneca-us.com/default.asp

Case 15: Mattel, Inc.: The Serious Business of Toys
http://www.mattel.com/home/

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