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Chapter 4 – Page 82. Discussion starter:. Is unethical and illegal the same thing? If it is illegal , is it unethical?. Goals Chapter 4.1. Explain why ethics are important in business Describe a code of ethics Discuss ethical dilemmas Describe laws that deal with ethical dilemmas.
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Chapter 4 – Page 82. Discussion starter: • Is unethical and illegal the same thing? • If it is illegal, is it unethical?
Goals Chapter 4.1 • Explain why ethics are important in business • Describe a code of ethics • Discuss ethical dilemmas • Describe laws that deal with ethical dilemmas.
The Main Idea – Chapter 4 This chapter covers the role of ethics and social responsibility in the business world. 4.1 – Discusses the importance of ethics, codes of ethics, and laws that affect ethics in business. 4.2- Describes how companies have changed their attitude toward social responsibility and how some demonstrate it.
The Importance of Ethics pg 84 • What are some of your personal ethics? • When did you form the morals and ethics you live by?
The Importance of Ethics • All individuals develop their own set of ethical rules • Helps them decide how to act in certain situations • Like us, businesses develop ethics to help them determine how to behave… Ethics A set of moral principles or values that govern behavior.
Code of Ethics/Conduct • d Code of Ethics A document that outlines the principles of conduct to be used in making decisions within the organization.
Code of Ethics/Conduct Examples: • Verizon • Timberland • Kraft Foods • Patagonia • Think of a company and find their code of ethics/conduct. • How do you feel about their code of conduct?
Verizon Code of Conduct Worksheet • Individually, complete the Verizon Code of Conduct worksheet
Code of Ethics Homework: Looking at the Verizon Code of Conduct example on my wiki, please read it and pick another example to examine. • Write a one page reflective essay comparing and contrasting the two (saved in Drive as “Code of Conduct Compare and Contrast”) • While reading, get a feel for the two companies and what message they are trying to send • Include how the similarities/difference between the two makes you feel about the company overall
Code of Ethics. In groups of three… • Consider the school store as our business • Create a Power point code of ethics for the school cart that should govern our classroom • No requirements how lengthy it needs to be but please put serious thought into its layout and form. Do we want a Verizon or Timberland code of ethics or a mix?