Business Ethics: Concepts and Cases, 7th

Edition
By Manuel G. Velasquez
Published by Pearson
Copyright © 2012
Published Date: Jun 24, 2011

Description

Resolving Moral Issues in Business.

The ethical landscape of business is constantly changing, and the new edition of Business Ethics: Concepts
and Cases has been revised to keep pace with those changes most effecting business: accelerating
globalization, constant technological updates, proliferating of business scandals.

Business Ethics: Concepts and Cases introduces the reader to the ethical concepts that are relevant to
resolving moral issues in business; imparts the reasoning and analytical skills needed to apply ethical
concepts to business decisions; identifies moral issues specific to a business; provides an understanding
of the social, technological, and natural environments within which moral issues in business arise; and
supplies case studies of actual moral conflicts faced by businesses.

Teaching and Learning Experience

Improve Critical Thinking - Business Ethics: Concepts and Cases provides summaries of basic ideas
discussed within the text in its margins; presents conceptual materials first, and then offers discussion
cases second through standardized chapters; all providing students the chance to critically think about
the material they are learning.

Engage Students - Study questions at the beginning of each chapter, definitions of key terms in the
margins, a glossary, chapter-end study and discussion questions, end-of-chapter web resources, and
chapter-opening concrete examples / cases all ensure students’ complete understanding of the material.

Support Instructors - Teaching your course just got easier! You can create a Customized Text or use our
Instructor’s Manual, Electronic “MyTest” Test Bank or PowerPoint Presentation Slides.
Table of Contents

IN THIS SECTION:
1.) BRIEF
2.) COMPREHENSIVE

BRIEF TABLE OF CONTENTS:

Contents
Preface

PART ONE Basic Principles

Chapter 1 Ethics and Business

Chapter 2 Ethical Principles in Business

PART TWO The Market and Business

Chapter 3 The Business System: Government, Markets,

Chapter 4 Ethics in the Marketplace

PART THREE Business and Its External Exchanges:

Ecology and Consumers

Chapter 5 Ethics and the Environment

Chapter 6 The Ethics of Consumer Production and Marketing

PART FOUR Business and Its Internal Constituencies

Chapter 7 The Ethics of Job Discrimination

Chapter 8 Ethics and the Employee

Notes
Index
COMPREHENSIVE TABLE OF CONTENTS:

ContentsPreface

PART ONE Basic Principles

Chapter 1 Ethics and Business

Introduction
1.1 The Nature of Business Ethics
ON THE EDGE: Was National Semiconductor Morally Responsible?
1.2 Ethical Issues in Business
ON THE EDGE: A Traditional Business
1.3 Moral Responsibility and Blame
ON THE EDGE: WorldCom’s Whistleblower
ON THE EDGE: Gun Manufacturers and Responsibility
CASES FOR DISCUSSION
Slavery in the Chocolate Industry
Aaron Beam and the HealthSouth Fraud

Chapter 2 Ethical Principles in Business

Introduction
2.1 Utilitarianism: Weighing Social Costs and Benefits
2.2 Rights and Duties
ON THE EDGE: Should Companies Dump Their Wastes In Poor
Countries?
ON THE EDGE: Working for Eli Lilly & Company
ON THE EDGE: Conflict Diamonds
ON THE EDGE: ExxonMobil, Amerada Hess, and Marathon Oil in
Equatorial Guinea
CASES FOR DISCUSSION
Traidos Bank and Roche’s Drug Trials in China

PART TWO The Market and Business

Chapter 3 The Business System: Government, Markets,
and International Trade
Introduction
3.1 Free Markets and Rights: John Locke
3.2 Free Markets and Utility: Adam Smith
3.3 Free Trade and Utility: David Ricardo
3.4 Marx and Justice: Criticizing Markets and Free Trade
ON THE EDGE: Commodification or How Free Should Free Markets Be?
ON THE EDGE: Marx’s Children
3.5 Conclusion: The Mixed Economy, the New Property,
and the End of Marxism
ON THE EDGE: Napster’s Lost Revolution
ON THE EDGE: Brian’s Franchise
CASES FOR DISCUSSION
The GM Bailout
Accolade versus Sega

Chapter 4 Ethics in the Marketplace

Introduction
4.1 Perfect Competition
4.2 Monopoly Competition
ON THE EDGE: Drug Company Monopolies and Profits
4.3 Oligopolistic Competition
4.4 Oligopolies and Public Policy
ON THE EDGE: Fixing the Computer Memory Market
ON THE EDGE: Oracle and Peoplesoft
CASES FOR DISCUSSION
Intel’s “Rebates” and Other Ways It “Helped” Customers
Archer Daniels Midland and the Friendly Competitors

PART THREE Business and Its External Exchanges:

Ecology and Consumers

Chapter 5 Ethics and the Environment

Introduction
5.1 The Dimensions of Pollution and Resource Depletion
5.2 The Ethics of Pollution Control
5.3 The Ethics of Conserving Depletable Resources
ON THE EDGE: Ford’s Toxic Wastes
ON THE EDGE: The Auto Companies in China
ON THE EDGE: Exporting Poison
CASES FOR DISCUSSION
The Ok Tedi Copper Mine
Gas or Grouse?

Chapter 6 The Ethics of Consumer Production and Marketing

Introduction
6.1 Markets and Consumer Protection
6.2 The Contract View of Business Firm’s Duties to Consumers
6.3 The Due Care Theory
ON THE EDGE: The Tobacco Companies and Product Safety
6.4 The Social Costs View of the Manufacturer’s Duties
ON THE EDGE: Selling Personalized Genetics
6.5 Advertising Ethics
ON THE EDGE: Advertising Death to Kids?
ON THE EDGE: New Balance and the “Made in USA” Label
6.6 Consumer Privacy
CASES FOR DISCUSSION
Becton Dickinson and Needle Sticks
Reducing Debts at Credit Solutions of America

PART FOUR Business and Its Internal Constituencies

Chapter 7 The Ethics of Job Discrimination

Introduction
7.1 Job Discrimination: Its Nature
ON THE EDGE: Helping Patients at Plainfield Healthcare Center
7.2 Discrimination: Its Extent
7.3 DISCRIMINATION: UTILITY, RIGHTS, AND JUSTICE
7.4 Affirmative Action
ON THE EDGE: Driving for Old Dominion
ON THE EDGE: Peter Oiler and Winn-Dixie Stores
CASES FOR DISCUSSION
Should Kroger pay now for what a Ralphs’ Employee did in the Past
Wal-Mart’s Women

Chapter 8 Ethics and the Employee

Introduction
8.1 The Rational Organization
8.2 The Political Organization
8.3 The Caring Organization
ON THE EDGE: HP’s Secrets and Oracle’s New Hire
ON THE EDGE: Insider Trading or: What Are Friends For?
ON THE EDGE: Delivering Pizza
ON THE EDGE: Sergeant Quon’s Text Messages
ON THE EDGE: Employment at Will at Howmet Corporation?
CASES FOR DISCUSSION
Death at Massey Energy Company
Who Should Pay?
Notes
Index