1. Business Ethics

2. What do you think?
Do you agree or disagree with the following statements?
Be prepared to explain your answer.

3. The Object of Business is to make as much money as possible.
Anything that is legal in business is okay.
Poor people are poor because of their own shortcomings.
The fruits of the labor of millions have been stolen to build the huge fortunes of millionaires.

4. It is alright to pay workers less than they deserve if they are foolish enough to accept it.
If a business person is smart enough to drive his or her competitors out of business, they deserve what they get.
It’s alright for a business person to give a discount to regular customers who spend a lot of money.
When profits go down, businesses have to lay off employees.

5. Companies have no obligations to their employees after they have been laid off.
Sometimes it is necessary to undersell competitors to drive them out of business.
It is the job of government to always watch what business people are doing.
It is alright for an employee to take home paper clips and other items without paying for them.

6. Workers should not do more than they are paid to do.
It is perfectly understandable that workers slow down when the boss is out.
It’s alright to hire your friend as a manager even though there are other qualified people who have been working for you.

7. In order to make more money an employer has to hire younger workers who accept lower wages and fire older, higher salaried people.
It is alright for companies to manufacture its products in countries where labor is cheap in order to get bigger profits.