'This text provides a thorough training and thought-provoking experience on business ethics. To teach students the critical skill of applying ethical principles in a business setting, this text pulls together from the author?s vast teaching and business experience an incredible array of real-life examples of ethical dilemmas, poor ethical choices, and wise ethical decisions from newspapers, business journals and the author?s own experiences as a consultant and board member. Case studies coupled with the text?s readings apply theory to reality in order to nurture or reinforce a needed sense of values in future business leaders.
'? Foundation Material: A new Unit I provides a detailed, general introduction to and overview for the study of ethics, before bringing in the business component. It begins with a personal look at ethics, discuss why ethics matter, and then how to resolve ethical dilemmas, including coverage of the various philosophical approaches to studying ethics and ethical decision-making. The materials in this unit serve as the foundation for the study of particular issues in business ethics. ? New/Updated Case Studies: New cases and updates to older cases throughout the text include updated cases in Unit 5 to stress the issues facing business and the ethics discussion in the post-9/11 world; Unit 6 now includes timely cases such as Enron and Arthur Andersen, and the fallout and legislation that has come in their wake. ? TOC Restructuring: The material in some of the Units from the previous edition has been consolidated and other Units have been expanded and split apart to better focus on the ethical dilemmas facing contemporary business today. For example, the Business Operations Unit (former Unit 5) has been divided and expanded to allow for more detail and promote better student understanding. ? A Structured Framework: Recognizing that teaching ethics can be a difficult challenge, a section in Unit II walks readers through a systematic how-to for the study of ethics, providing a consistent process for evaluating cases and ethical dilemmas that assists both students and instructors who are untrained, or unsure, of the best way to approach the subject matter. ? Develops Individual Values and Critical Thinking Skills: Discussion Questions at the end of each and every reading and case study consistently challenge students to question their own personal values and to analyze various business scenarios, building essential critical thinking skills that they will need when they are faced with similar ethical dilemmas as managers. ? Case Indexing: Three separate indices make it easy to locate and assign case studies based on topic (Topic Index), company/product (Product/Company/Individual Index), or business functional area (Business Area Index), allowing for more flexibility in tailoring the text material specifically to your course. ? Variety of Materials: A combination of both short and long cases, readings, hypothetical situations, and up-to-the-moment current, ongoing, and real ethical dilemmas provide students with an extremely well-rounded picture of the importance and pervasiveness of ethical decision making in business. ? Classic Cases & Readings: many classic cases/readings are included and integrated throughout the text, such as Nestle and Infant Formula; Asbestos and Johns-Manville; A.H. Robbins; and Dalkon-Shield.
'UNIT I. FOUNDATIONS OF ETHICS. VIRTUE AND VALUES Section A. Defining Ethics Section B. Resolving Ethical Dilemmas UNIT II. FOUNDATIONS OF BUSINESS ETHICS. VIRTUE, VALUES, AND BUSINESS Section A. Defining Business Ethics Section B. Resolution of Business Ethics Dilemma UNIT III. FOUNDATIONS OF BUSINESS ETHICS. WHAT IS THE ROLE OF BUSINESS IN SOCIETY? SHAREHOLDERS VS. STAKEHOLDERS Section A. The Role of Business in Society Section B. Applying Social Responsibility and Stakeholder Theory UNIT IV. INDIVIDUAL VALUES AND THE BUSINESS ORGANIZATION Section A. Trust and Employment Section B. Taking Advantage UNIT V. INDIVIDUAL RIGHTS AND THE BUSINESS ORGANIZATION Section A. Corporate Due Process Section B. Employee Screening Section C. Employee Privacy Section D. Sexual Harassment Section E. Diversity, Equal Employment, and Affirmative Action Section F. Whistle-Blowing Section G. Employee Rights UNIT VI. BUSINESS OPERATIONS. FINANCIAL ISSUES Section A. Financial Reports. Earnings, Transparency, and Management Section B. Personal Ambition and Hubris UNIT VII. BUSINESS OPERATIONS. WORKPLACE SAFETY RISKS AND INTERNATIONAL OPERATIONS Section A. Conflicts between the Corporation?s Ethics and Business Practices in Foreign Countries Section B. Workplace Safety Section C. Plant Closures and Downsizing Section D. Environmental Issues Section E. Purchasing. Conflicts and Bribery UNIT VIII. BUSINESS AND ITS COMPETITION Section A. Advertising Content Section B. Appropriation of Others? Ideas Section C. Pricing Section D. Competitors, the Playing Field, and Competition Section E. Business and Its Shareholders UNIT IX. BUSINESS AND ITS PRODUCT Section A. Contract Relations Section B. Product Safety Section C. Product Social Issues UNIT X. BUSINESS AND GOVERNMENT Section A. Government Employees Section B. Government Contracts Section C. Government Responsibilities UNIT XI. ETHICS AND NONPROFITS Section A. Ethics and Nonprofits
'Ghanshyam Tewani
