Ethics-Part I BCS-BE-11: The student compares and contrasts common ethical issues BCS-BE-12: The student evaluates personal responsibility of ethical behavior.

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Presentation transcript:

Ethics-Part I BCS-BE-11: The student compares and contrasts common ethical issues BCS-BE-12: The student evaluates personal responsibility of ethical behavior. BCS-BE-13: The student investigates the relationship between ethics and law. BCS-BE-14: The student derives the importance of employer/employee relationships BCS-BE-15: The student evaluates the impact of technology on business ethics.

The Nature of Ethics ethics moral _______ by which people conduct themselves personally, socially, or professionally When you are _____by ethics, you do not cheat on a test or lie to friends or _______.

The Nature of Ethics business ethics rules based on moral ______ about how businesses and employees ought to conduct themselves Most businesses are guided by business ethics. Different _____, businesses, and industries have different ____standards

Business Ethics Creating safe ________ Creating _____ Fair treatment of __________ Environmental _______ Truthful about financial _______ Graphic Organizer

Law and Ethics In business, ______ follow rules as well as a ______of ethics. code of ethics a set of _______ for maintaining ethics in the workplace

Law and Ethics A _______ is an example of an unethical practice ________ in the United States. sweatshop a shop or factory in which workers are ________ for long hours at low wages and under unhealthy conditions

Law and Ethics The Occupational Safety and Health Administration (OSHA) _____ and enforces work-related health and ________ rules.

Ethics as Good Business Unethical business practices include: ______ Offering merchandise _______ to be substandard Treating ________ or employees unfairly

Ethics as Good Business If a business ______ government regulations, the owner can be fined or go to ______. If an _______ violates a company or professional code, the employee might be fired or lose his or her license.

Ethics as Good Business Unethical business practices can ______ in bad word of _______ and result in lost sales. Unethical behavior _______ employees can lead to legal action or a high rate of employees quitting.

Conflicts of Interest Conflict of interest is a ______ ethical question that is generally not _______. conflict of interest a conflict between self- interest and ________obligation

Graphic Organizer Ethical Questions Is it against the law? Does it _____ company or professional policies? Even if ______ is doing it, how would I feel if someone did this to me? Am I sacrificing long-term ________ for short-term gains?

Graphic Organizer The Ethical Decision-Making Process 1.Identify the ethical _______. 2.Discover alternative actions. 3.Decide who might be ________. 4.List the probable effects of the alternatives. 5.Select the best _________.

Ethical Observations by Employees Figure 4.1