BA 101 Introduction to Business 2. Ethics and Social Responsibility

What is Ethical Behavior? Competing Fairly and Honestly CommunicatingTruthfully Not Harming Others

Factors Influencing Ethical Behavior Cultural Differences Knowledge Corporate Behavior Reporting Systems

Ethical Situations EthicalDilemma EthicalLapse

Early 20 th Century Middle Early 21 st Century MaximizeProfits Provide Jobs and Pay Taxes Balance Ethics and Profits Social Responsibility in Business

Balancing Business and Stakeholders’ Rights Business SafeProductsProductChoice Consumers InformedPurchase Employees Equity Health & Safety Investors Profits Fair Disclosure Society CleanEnvironment

Corporate Social Responsibility Social Audits Cause-RelatedMarketingCause-RelatedMarketingPhilanthropyPhilanthropy RecyclingProgramsRecyclingPrograms MedicalResearchMedicalResearch Worthy Causes CharitiesCharitiesHumanitarianAidHumanitarianAid EducationEducation

Responsibility to Society and the Environment Natural Resources and Pollution Natural Resources and Pollution Environmental Activism Environmental Activism Business Environment Consumers

Pervasiveness of Pollution Industrial Discharges Vehicle Emissions Chemical Spills

Business Efforts to Reduce Pollution Environmental Issues Environmental Staff Performance Expectations Performance Rewards Long-Term Cost Product Development Supplier Expectations Training and Awareness

Responsibility Toward Consumers Freedom of Choice Freedom of Choice Right to Be Heard Right to Be Heard Accurate Information Accurate Information Product Safety Product Safety

Responsibility Toward Investors Fair Profit Distribution DistributionEthicalBehaviorEthicalBehaviorSocialResponsibilitySocialResponsibility

Responsibility Toward Employees Equal Employment OpportunityAffirmativeAction Occupational Health and Safety Americans with Disabilities Act

Global Ethics and Social Responsibility Bribery Environmental Abuse Unscrupulous Business Practices