Business Ethics Lesson Objective: Understand the term ‘ethics in business’ Success Criteria: To be able to define business ethics To be able to identify different ethics issues facing businesses

Watch the clip!clip!

What are ethics? Think - 1 minute Pair – 2 minutes Share!

Ethical Business Ethics are moral guidelines which govern good behaviour So behaving ethically is doing what is morally right Behaving ethically in business is widely regarded as good business practice. Its is not about making profit It is about doing the “right” thing

What do you think?think?

Task Match up the business with the ethical issue Any surprises? Worst?

Business Ethics Ethical principles and standards in business: – Define acceptable conduct in business – Should underpin how management make decisions An important distinction to remember is that behaving ethically is not quite the same thing as behaving lawfully: Ethics are about what is right and what is wrong Law is about what is lawful and what is unlawful An ethical decision is one that is both legal and meets the shared ethical standards of the community Businesses face ethical issues and decisions almost every day – in some industries the issues are very significant

Stop and think Why? What is the point? Any negatives to ethical business?

Primark Case Study To what extent does Primark operate ethically?

To answer this you need to: Read the case study about Primark ond-corporate-social- responsibility/introduction.html#axzz2dqqFaL VJ ond-corporate-social- responsibility/introduction.html#axzz2dqqFaL VJ Conduct your own research online using newspapers, videos, articles and the case study

Structure: Introduction – Set the scene, what are you investigating? What are you going to do? Think about what they have done in the past – find evidence to back you up! What changes have they put in place? Why? Is it enough? Are they ethical? How ethical? Could they do more? Or are they completely ethical now? (Can you actually make this decision?) Conclude – The extent to which Primark is ethical is Because Summarise your findings

Controlled Assignment Task - Tesco To what extent does Tesco operate ethically?

Researching Tesco - ideas Think - 1 minute Pair – 2 minutes Share!

Class ideas Ethics

Research! Use your class notes, your Primark case study task, the group brainstorm and the guidance table to research different aspects of Tesco Remember – You get marks for your research. (3 or more types are required! You cant just use one source) – You need to analyse your findings and evaluate, you get marks for both of these also – Complete your bibliography as you go – The better and more detailed your research the better you will answer the question in the CA – so DONT waste time!

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