Title | Business Ethics Intro - These lectures will help you ace the midterm and final exams, I got an A as |
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Author | Caroline Gomez |
Course | Moral/Ethical Dimension Of Bus |
Institution | St. John's University |
Pages | 2 |
File Size | 42 KB |
File Type | |
Total Downloads | 99 |
Total Views | 159 |
These lectures will help you ace the midterm and final exams, I got an A as the final grade...
Business Ethics Intro
What is Business Ethics?
Business Ethics – principles and standards that determine acceptable conduct in business
Business Ethics & Capitalism
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Business ethics generally applies to capitalist or mixed capitalist-socialist economies where:
a) Means of production can be privately owned b) Markets should play the most important role in the distribution of resources •
Question: Do you believe in a & b?
Business Ethics & Socialism
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Socialists/communists who deny these assumptions will see some debates in Business Ethics as misguided
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They think private ownership of the means of production is inherently unethical
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They think free markets as the main means of resource distribution are inherently unethical
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They think Business-for-profit at the expense of justice and fairness to everyone is unethical...