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Chapter 4 Bus Mgmt. Ethics and Social Responsibility. Ethics. Essential Question: What is the impact of ethics in decision making, the success of a business, and society as a whole? http://www.youtube.com/watch?v=ZIaHxC7BT0A. Ethics. What are ethics?
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Chapter 4 Bus Mgmt Ethics and Social Responsibility
Ethics • Essential Question: • What is the impact of ethics in decision making, the success of a business, and society as a whole? • http://www.youtube.com/watch?v=ZIaHxC7BT0A
Ethics • What are ethics? • Ethics are a set of moral principles or values that govern behavior. • Personal ethics • Professional ethics • http://www1.teachertube.com/viewVideo.php?video_id=31651&title=Why_Ethics_Matters&ref=sdosher
Code of Ethics • Outlines the principles of conduct to be used in making decisions within the company. • Should be shared with employees. • Must be enforced to be effective. • http://www.youtube.com/watch?v=l-nz0kojLv8&feature=related
Code of Ethics • Common areas: • Honesty (theft and lying) • Adherence to the law • Product safety and quality • Conflicts of interest • http://www1.teachertube.com/viewVideo.php?video_id=164091&title=Business_Ethics&ref=sdosher