1. Ethics Business Ethics  Unit Essential Question: How does ethical behavior affect my business decisions?  EQ: How does a business monitor itself to ensure ethical employee behavior and business practice?

2. Why is this important?  Rights of: Consumer Employee Citizens

3. So what is ethics?  Ethics Moral principles  personally  socially  professionally  Moral choices and values Right or Wrong?  Golden Rule

4. Ethics in Business  Business ethics is a set of laws about how a business should conduct itself.  Legally and Humanely Law, Human Rights

5. Ethics in Business  Self Policing Code of ethics  How to act, dress Customer Service Strict guidelines  Employee behavior  Environmental safety

6. Be Ethical because:  Ethical = no fines or loss of licenses  Ethical = respect from employees and customers

7. Important Ethical Questions  Is it against the law?  Does it violate work or professional policies?  What if everyone did this?  How would I feel if someone did this to me?  Am I sacrificing long-term benefits for short-term goals?

8. Social Responsibility  Social responsibility is the duty to do what is best for the good of society.  Not all about profit, if so: conflict of interest – profits before social welfare

9. Responsibility to Customers  Customers are a businesses’ first responsibility  Agencies protect consumers Federal Trade Commission  Reebok Tennis Shoes Internet Crime Complaint Center  FBI  Identity Theft

10. Legal Considerations  Laws affect: Employees Customers Suppliers  Payroll/Withholding  Wage/Hour  ADA  Harassment  Hiring  Taxation  OSHA