Documentos de Académico
Documentos de Profesional
Documentos de Cultura
Chapter Topics
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Business ethics and the changing environment What is business ethics? Why does it matter? Levels of business ethics Five myths about business ethics Why use ethical reasoning in business? Can business ethics be taught and trained? Plan of the book
technological, legal, economic, social & political environments with competing stakeholders & power claims. Stakeholders are individuals, companies, groups & nations(investors, employees, customers, suppliers creditors,
directors, government (and its agencies), owners (shareholders), unions, and the community from which the business draws its resources etc) that cause and respond to external issues, opportunities, and threats. The rate of change and uncertainty in which stake- holders & society must make & manage business & moral decisions have accelerated due to the impact of:
Internet and information technologies Globalization Deregulation Mergers Wars
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The stakeholder management approach is a way of understanding the effects of environmental forces and groups on specific issues that affect real-time stakeholders and their welfare. This approach attempts to enable individuals and groups to articulate collaborative win-win strategies: based on:
Identifying and prioritizing issues, threats, or opportunities Mapping who the stakeholders are Identifying their stakes, interests, and power sources Showing who the members of coalitions are or may become Showing what each stakeholders ethics are and should be Developing collaborative strategies and dialogue from a higher ground perspective to move plans and interactions to the desired closure for all parties
personal moral norms apply to the activities and goals of commercial enterprise, as dealing with three basic areas of
managerial decision making:
Choices about what the laws should be and whether to follow them Choices about economic and social issues outside the domain of law Choices about the priority of self-interest over the companys interests
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