BA 101 Introduction to Business

2. Ethics and Social Responsibility

What is Ethical Behavior?

Competing FairlyCompeting Fairlyand Honestlyand Honestly

CommunicatingCommunicatingTruthfullyTruthfully

Not Harming OthersNot Harming Others

Factors InfluencingEthical Behavior

Cultural DifferencesCultural Differences

KnowledgeKnowledge

Corporate BehaviorCorporate Behavior

Reporting SystemsReporting Systems

Ethical Situations

Ethical Ethical DilemmaDilemma

Ethical Ethical LapseLapse

EarlyEarly2020thth Century Century

MiddleMiddle2020thth Century Century

EarlyEarly2121stst Century Century

MaximizeMaximizeProfitsProfits

Provide JobsProvide Jobsand Pay Taxesand Pay Taxes

Balance EthicsBalance Ethicsand Profitsand Profits

Social Responsibility in Business

Balancing Business and Stakeholders’ Rights

BusinessBusiness

Safe Safe ProductsProducts

Product Product ChoiceChoice

ConsumersConsumers

Informed Informed PurchasePurchase

EmployeesEmployees

EquityEquityHealth & SafetyHealth & Safety

InvestorsInvestors

ProfitsProfitsFair DisclosureFair Disclosure

SocietySociety

CleanCleanEnvironmentEnvironment

CorporateCorporateSocial ResponsibilitySocial Responsibility

Social AuditsSocial AuditsSocial AuditsSocial Audits Cause-RelatedCause-RelatedMarketingMarketing

Cause-RelatedCause-RelatedMarketingMarketing PhilanthropyPhilanthropyPhilanthropyPhilanthropy

RecyclingRecyclingProgramsProgramsRecyclingRecyclingProgramsPrograms

MedicalMedicalResearchResearchMedicalMedical

ResearchResearch Worthy CausesWorthy CausesWorthy CausesWorthy Causes

CharitiesCharitiesCharitiesCharities HumanitarianHumanitarianAidAid

HumanitarianHumanitarianAidAid

EducationEducationEducationEducation

Responsibility to Society and the Environment

Natural Resourcesand Pollution

Natural Resourcesand Pollution

Environmental Activism

Environmental Activism

BusinessBusiness EnvironmentEnvironment ConsumersConsumers

Pervasiveness of Pollution

Industrial Discharges

Vehicle Emissions

Chemical Spills

Business Effortsto Reduce Pollution

Environmental IssuesEnvironmental Issues

Environmental StaffEnvironmental Staff

Performance ExpectationsPerformance Expectations

Performance RewardsPerformance Rewards

Long-Term CostLong-Term Cost

Product DevelopmentProduct Development

Supplier ExpectationsSupplier Expectations

Training and AwarenessTraining and Awareness

Responsibility Toward Consumers

Freedom of ChoiceFreedom of Choice

Right to Be HeardRight to Be Heard

Accurate InformationAccurate Information

Product SafetyProduct Safety

Responsibility Responsibility Toward InvestorsToward Investors

Fair ProfitFair ProfitDistributionDistributionFair ProfitFair Profit

DistributionDistributionEthicalEthical

BehaviorBehaviorEthicalEthical

BehaviorBehaviorSocialSocial

ResponsibilityResponsibilitySocialSocial

ResponsibilityResponsibility

Responsibility TowardEmployees

Equal EmploymentEqual EmploymentOpportunityOpportunity

AffirmativeAffirmativeActionAction

OccupationalOccupationalHealth and SafetyHealth and Safety

Americans withAmericans withDisabilities ActDisabilities Act

Global Ethics and Social Responsibility

Bribery

Environmental Abuse

Unscrupulous Business Practices