New PDF release: Business Ethics: Ethical Decision Making & Cases, 8th

By John Fraedrich, O. C. Ferrell, Ferrell

ISBN-10: 1439042233

ISBN-13: 9781439042236

Supplying a colourful new four-color layout, market-leading company ETHICS: moral determination MAKING AND situations, 8th variation, completely covers the advanced setting during which managers confront moral selection making. utilizing a confirmed managerial framework, this obtainable, utilized textual content addresses the general strategies, strategies, and top practices linked to profitable company ethics programs--helping readers see how ethics might be built-in into key strategic company judgements. completely revised, the hot 8th version contains accomplished and rigorous updates that replicate the hot fiscal obstacle and the ever-increasing educational and governmental realization being given to this sector. it is also 9 all-new case stories, whereas different circumstances were thoroughly up to date.

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Extra info for Business Ethics: Ethical Decision Making & Cases, 8th Edition

Sample text

However, some special aspects must be considered when applying ethics to business. First, to survive, businesses must earn a profit. If profits are realized through misconduct, however, the life of the organization may be shortened. Many firms, including Lehman Brothers and Enron, that made headlines due to wrongdoing and scandal ultimately went bankrupt or failed because of the legal and financial repercussions of their misconduct. Second, businesses must balance their desires for profits against the needs and desires of society.

Role-play cases simulate a complex, realistic, and timely business ethics situation. Students form teams and make decisions based on an assigned role. The role-play case complements and enhances traditional approaches to business learning experiences because it (1) gives students the opportunity to practice making decisions that have business ethics consequences; (2) re-creates the power, pressures, and information that affect decision making at various levels of management; (3) provides students with a team-based experience that enriches their skills and understanding of group processes and dynamics; and (4) uses a feedback period to allow for the exploration of complex and controversial issues in business ethics decision making.

Third, by itself, this book will not make you more ethical, nor will it tell you how to judge the ethical behavior of others. Rather, its goal is to help you understand and use your current values and convictions when making business decisions so that you think about the effects of those decisions on business and society. In addition, this book will help you understand what businesses are doing to improve their ethical conduct. To this end, we aim to help you learn to recognize and resolve ethical issues within business organizations.

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Business Ethics: Ethical Decision Making & Cases, 8th Edition by John Fraedrich, O. C. Ferrell, Ferrell

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