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

By O. C. Ferrell, John Fraedrich, Ferrell

Supplying a colourful new four-color layout, market-leading company ETHICS: moral selection MAKING AND situations, 8th version, completely covers the complicated surroundings during which managers confront moral choice making. utilizing a confirmed managerial framework, this obtainable, utilized textual content addresses the final options, methods, and top practices linked to winning enterprise ethics programs--helping readers see how ethics will be built-in into key strategic company judgements. completely revised, the recent 8th variation contains accomplished and rigorous updates that replicate the new fiscal problem and the ever-increasing educational and governmental recognition being given to this zone. it's also 9 all-new case reports, whereas different circumstances were thoroughly up to date.

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Extra resources for Business Ethics: Ethical Decision Making & Cases

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46 When an organization has a strong ethical environment, it usually focuses on the core value of placing customers’ interests first. Putting customers first does not mean that the interests of employees, investors, and local communities should be ignored, however. An ethical culture that focuses on customers incorporates the interests of all employees, suppliers, and other interested parties in decisions and actions. Employees working in an ethical environment support and contribute to the process of understanding customers’ demands and concerns.

The values they learned from family, religion, and school may not provide specific guidelines for these complex business decisions. In other words, a person’s experiences and decisions at home, in school, and in the community may be quite different from his or her experiences and decisions at work. Many business ethics decisions are close calls. In addition, managerial responsibility for the conduct of others requires knowledge of ethics and compliance processes and systems. Years of experience in a particular industry may be required to know what is acceptable.

Each chapter addresses some aspect of business ethics and decision making within a business context. The major concerns are ethical issues in business, stakeholder relationships, social responsibility and corporate governance, emerging business ethics issues, the institutionalization of business ethics, understanding the ethical decision making process, moral philosophies and cognitive moral development, corporate culture, organizational relationships and conflicts, developing an effective ethics program, implementing and auditing the ethics program, and global business ethics.

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