Principles of Business, Marketing, and Finance

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Presentation transcript:

Principles of Business, Marketing, and Finance Moral, Legal, or Ethical?

“Copyright and Terms of Service Copyright © Texas Education Agency. The materials found on this website are copyrighted © and trademarked ™ as the property of the Texas Education Agency and may not be reproduced without the express written permission of the Texas Education Agency, except under the following conditions: Texas public school districts, charter schools, and Education Service Centers may reproduce and use copies of the Materials and Related Materials for the districts’ and schools’ educational use without obtaining permission from the Texas Education Agency; 2) Residents of the state of Texas may reproduce and use copies of the Materials and Related Materials for individual personal use only without obtaining written permission of the Texas Education Agency; 3) Any portion reproduced must be reproduced in its entirety and remain unedited, unaltered and unchanged in any way; 4) No monetary charge can be made for the reproduced materials or any document containing them; however, a reasonable charge to cover only the cost of reproduction and distribution may be charged. Private entities or persons located in Texas that are not Texas public school districts or Texas charter schools or any entity, whether public or private, educational or non-educational, located outside the state of Texas MUST obtain written approval from the Texas Education Agency and will be required to enter into a license agreement that may involve the payment of a licensing fee or a royalty fee. Copyright © Texas Education Agency, 2011. All rights reserved. 2

Is this promoting fair employment practices? Support your response. Can you spot the issues? Subject: Academics versus Athletics Moral Ethical Legal Is it morally incorrect to prioritize athletic spending over other college costs? Is this promoting fair employment practices? Support your response. Should state governments become involved in public college/university athletic spending? Copyright © Texas Education Agency, 2011. All rights reserved. 3

Can you spot the issues? Subject: Academics Versus Athletics Moral Ethical Legal Add your comments. Copyright © Texas Education Agency, 2011. All rights reserved.

Is there evidence of age discrimination? Can you spot the issues? Subject: Pricing medical coverage Moral Ethical Legal Discuss the pros and cons of charging an aging population more for insurance. Is there evidence of age discrimination? In Stop age discrimination John Rother writes, “This unfair practice would continue to keep affordable coverage out of reach for older Americans who need insurance protections the most.” What are your thoughts on this subject? Copyright © Texas Education Agency, 2011. All rights reserved. 5

Can you spot the issues? Subject: Pricing medical coverage Moral Ethical Legal Add your comments. Copyright © Texas Education Agency, 2011. All rights reserved. 6

Review Compare ethical business practices and legal practices. Name a law that impacts business practices. How does the Fair Labor Standards Act benefit today’s youth? Describe an illegal business practice. Give an example of a major legal issue affecting today’s business practices. Copyright © Texas Education Agency, 2011. All rights reserved. 7

Formal Assessment Students individually research and present an article with moral, ethical, and legal implications. Presentation requirements Time: 3- to 4- minutes Topic : Moral, Ethical, and Legal Business Practices Size: Individual presentation Content: Must state at least one legal conflict Note: Grading rubric is attached. Copyright © Texas Education Agency, 2011. All rights reserved. 8