1. ETHICS
Chapter 1

2. “People do not need laws to tell them to act responsibly, while bad people will find a way around the laws.”
Plato
Good

3. What management behaviors do you consider morally repugnant?

4. Socially Responsible Businesses
Johnson & Johnson
Coca-Cola
Gerber
IBM
Deere 3M
Xerox
JC Penney
Pitney Bowes

5. Shareholders
Customers
Employees
Community
Environment
Stockholders

6. Ethical Behavior
Behavior that is consistent with the principles, norms and standards of business practice that have been agreed upon by society.

7. Ethical Behavior Good business Social responsible Attracts good talent
Attracts customers

8. Is Business Ethics Just a Fad?
Fads last about 10 years
Interest for the last 40 years
Media keeps focus on
Government
Business
US Military
Religion
Sports

9. Can Business Ethics Be Taught?
Don’t the bad examples lead us astray?
Shouldn’t employees already know the difference between right and wrong?
Can adults’ ethics be changed?
Does our environment influence our ethics?

10. Should the only guiding principle
Ethics and the Law
Should the only guiding principle
be the law?

11. Linda K. Trevino and Katherine A
Linda K. Trevino and Katherine A. Nelson, Managing Business Ethics, (Wiley, New Jersey) pp. 2-22