Business Ethics

(BUS-ETHICS.AS1)/ISBN:978-1-64459-484-1

This course includes
Lessons
TestPrep
AI Tutor (Add-on)

The Business Ethics course is designed to equip you with the knowledge and skills to navigate the complex ethical challenges that arise in the corporate world and explore the historical context and evolution of ethical considerations in business. This course is designed for business professionals, managers, entrepreneurs, and anyone looking to integrate ethical practices into their professional endeavors. 

Lessons

15+ Lessons | 297+ Exercises | 67+ Quizzes | 133+ Flashcards | 133+ Glossary of terms

TestPrep

115+ Pre Assessment Questions | 1+ Full Length Tests | 115+ Post Assessment Questions | 50+ Practice Test Questions

Here's what you will learn

Download Course Outline

Lessons 1: Preface

  • About OpenStax
  • About OpenStax resources
  • About Business Ethics

Lessons 2: Why Ethics Matter

  • Being a Professional of Integrity
  • Ethics and Profitability
  • Multiple versus Single Ethical Standards
  • Summary
  • Assessment Questions

Lessons 3: Ethics from Antiquity to the Present

  • The Concept of Ethical Business in Ancient Athens
  • Ethical Advice for Nobles and Civil Servants in Ancient China
  • Comparing the Virtue Ethics of East and West
  • Utilitarianism: The Greatest Good for the Greatest Number
  • Deontology: Ethics as Duty
  • A Theory of Justice
  • Summary
  • Assessment Questions

Lessons 4: Defining and Prioritizing Stakeholders

  • Adopting a Stakeholder Orientation
  • Weighing Stakeholder Claims
  • Ethical Decision-Making and Prioritizing Stakeholders
  • Corporate Social Responsibility (CSR)
  • Summary
  • Assessment Questions

Lessons 5: Three Special Stakeholders: Society, the Environment, and Government

  • Corporate Law and Corporate Responsibility
  • Sustainability: Business and the Environment
  • Government and the Private Sector
  • Summary
  • Assessment Questions

Lessons 6: The Impact of Culture and Time on Business Ethics

  • The Relationship between Business Ethics and Culture
  • Business Ethics over Time
  • The Influence of Geography and Religion
  • Are the Values Central to Business Ethics Universal?
  • Summary
  • Assessment Questions

Lessons 7: What Employers Owe Employees

  • The Workplace Environment and Working Conditions
  • What Constitutes a Fair Wage?
  • An Organized Workforce
  • Privacy in the Workplace
  • Summary
  • Assessment Questions

Lessons 8: What Employees Owe Employers

  • Loyalty to the Company
  • Loyalty to the Brand and to Customers
  • Contributing to a Positive Work Atmosphere
  • Financial Integrity
  • Criticism of the Company and Whistleblowing
  • Summary
  • Assessment Questions

Lessons 9: Recognizing and Respecting the Rights of All

  • Diversity and Inclusion in the Workforce
  • Accommodating Different Abilities and Faiths
  • Sexual Identification and Orientation
  • Income Inequalities
  • Animal Rights and the Implications for Business
  • Summary
  • Assessment Questions

Lessons 10: Professions under the Microscope

  • Entrepreneurship and Start-Up Culture
  • The Influence of Advertising
  • The Insurance Industry
  • Ethical Issues in the Provision of Health Care
  • Summary
  • Assessment Questions

Lessons 11: Changing Work Environments and Future Trends

  • More Telecommuting or Less?
  • Workplace Campuses
  • Alternatives to Traditional Patterns of Work
  • Robotics, Artificial Intelligence, and the Workplace of the Future
  • Summary
  • Assessment Questions

Lessons 12: Epilogue: Why Ethics Still Matter

  • Business Ethics in an Evolving Environment
  • Committing to an Ethical View
  • Becoming an Ethical Professional
  • Making a Difference in the Business World

Appendix A: The Lives of Ethical Philosophers

  • The Ethics of Aristotle: Virtue Theory
  • The Ethics of Bentham and Mill: Utilitarianism
  • The Ethics of Kant: Deontology
  • The Ethics of John Rawls: Justice Theory

Appendix B: Profiles in Business Ethics: Contemporary Thought Leaders

  • Dan Bane, chairman and chief executive officer of Trader Joe’s
  • Mary T. Barra, chairman and CEO of General Motors
  • Marc Benioff, chairman, CEO, and founder of Salesforce
  • John C. (Jack) Bogle, founder of The Vanguard Group
  • Yvon Chouinard, founder, and Rose Marcario, CEO and president of Patagonia Works
  • Tony Hsieh, CEO of Zappos
  • Kim Jordan, CEO of New Belgium Brewing Company
  • Indra Nooyi, chairman and CEO of PepsiCo
  • Jostein Solheim, CEO of Ben & Jerry’s

Appendix C: A Succinct Theory of Business Ethics

  • The Nature of Business Ethics
  • The Nature of the Ethical Business Leader