
Contents
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).

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An
Overview of Business Ethics
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Readings
Ethical
Issues in Business
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Applying
Moral Philosophies to Business Ethics
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Social
Responsibility
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Readings
A
Framework for Understanding Ethical Decision Making in Business
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Organizational
Culture and Ethical Decision Making
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Organizational
Relationships and Conflicts in Ethical Decision Making
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Development
of an Effective Ethics Program
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Business
Ethics in a Global Economy
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Business
Ethics and Organizational Performance
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Recommended
Text
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Business
Ethics
Fifth Edition
O. C. Ferrell, Colorado State University
John Fraedrich, Southern Illinois University, Carbondale
Linda Ferrell, University of Wyoming
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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.

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