1. Ethical Philosophies Relationship of Law to ethics?
Neither is co-extensive
Legal does not mean ethical
Ethical does not mean legal
Domains where they intersect
See reading: Page 126
Employee, personnel concerns
Business operations concerns

2. Business Ethics Cell X Cell 1 Legal Responsibility Ethical
Economic
Responsibility

3. Business Ethics Cell X Legal Ethical Responsibility Responsibility
Profitable, Legal and Ethical
Proceed with enthusiasm!
Economic
Responsibility

4. Business Ethics Cell 1 Cell 1 Legal Ethical Responsibility
Legal and Ethical
Not Profitable:
Seek Profitable alternatives
Cell 1
Legal
Responsibility
Ethical
Responsibility
Economic
Responsibility

5. Business Ethics Legal Ethical Responsibility Responsibility Cell 2
Profitable and Legal
Proceed cautiously
Cell2
Economic
Responsibility

6. Business Ethics Cell 3 Legal Ethical Responsibility Responsibility
Profitable and ethical
Likely, also legal;
Proceed cautiously
Legal
Responsibility
Ethical
Responsibility
Cell 3
Economic
Responsibility

7. Government Policy Relationship of Government to Business
Social philosophies
Cooperative, Adversarial
Public Policy
Goals
Tools
Effects
Types of Policies
Economic (Fiscal)
Social Assistance
Taxation
Industrial
Trade

9. “Hot” Topic Health care policy Social entitlement programs Retirement
Education
Retirement
Political contributions
Campaign finance
Soft Money