Hollowell Chapters 1 - 43, Complete
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,Chapter 1 S
Table of Contents
S S
PurposeSandSPerspectiveSofStheSChapter ...................................................................................2
CengageSSupplements ...............................................................................................................2
ListSofSStudentSDownloads ......................................................................................................2
ChapterSObjectives .....................................................................................................................2
KeySTerms ..................................................................................................................................2
What'sSNewSinSThisSChapter .......................................................................................................3
ChapterSOutline ..........................................................................................................................4
DiscussionSQuestions .................................................................................................................8
AdditionalSResources ................................................................................................................10
CengageSVideoSResources ...................................................................................................10
Appendix ...................................................................................................................................10
GenericSRubrics ....................................................................................................................10
StandardSWritingSRubric ........................................................................................................10
StandardSDiscussionSRubric ..................................................................................................12
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,Purpose and Perspective of the Chapter
S S S S S
TheSpurposeSofSthisSchapterSisStoSexamineStheSrelationshipSbetweenSlawSandSethics.STheScha
pterSpresentsSissuesSinvolvedStoSdeterminingStheSethicalSresponsibilitiesSofSbusinessesSandSpr
ovidesSstudentsSaSframeworkSforSanalyzingSandSmakingSethicalSdecisions.
Cengage Supplements S
TheSfollowingSproduct-
levelSsupplementsSprovideSadditionalSinformationSthatSmayShelpSyouSinSpreparingSyourScours
e.STheySareSavailableSinStheSInstructorSResourceSCenter.
PowerPointSDeck
List of Student Downloads
S S S
StudentsSshouldSdownloadStheSfollowingSitemsSfromStheSStudentSCompanionSCenterStoScomplet
eStheSactivitiesSandSassignmentsSrelatedStoSthisSchapter:
PowerPointSDeckS(withoutSteachingSnotes,Sactivities,SorSanswers)
Chapter Objectives
S
TheSfollowingSobjectivesSareSaddressedSinSthisSchapter:
1. DiscussShowSbusinessScanSdiscourageSunethicalSbehavior
2. ExplainStheSrelationshipSbetweenSlawSandSethics
3. CompareSduty-basedSethicsSandSutilitarianSethics
4. IdentifySethicalSproblemsSinStheSglobalScontext
Key Terms
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businessSethics:SEthicsSinSaSbusinessScontext;SaSconsensusSofSwhatSconstitutesSrightSorSwro
ngSbehaviorSinStheSworldSofSbusinessSandStheSapplicationSofSmoralSprinciplesStoSsituationsSthat
SariseSinSaSbusinessSsetting.
categoricalSimperative:SASconceptSdevelopedSbyStheSphilosopherSImmanuelSKantSasSanSethi
calSguidelineSforSbehavior.SInSdecidingSwhetherSanSactionSisSrightSorSwrong,SorSdesirableSorSun
desirable,SaSpersonSshouldSevaluateStheSactionSinStermsSofSwhatSwouldShappenSifSeverybodyS
elseSinStheSsameSsituation,SorScategory,SactedStheSsameSway.
corporateSsocialSresponsibilityS(CSR):STheSconceptSthatScorporationsScanSandSshould
SactSethicallySandSbeSaccountableStoSsocietySforStheirSactions.
cost-benefitSanalysis:SASdecision-
makingStechniqueSthatSinvolvesSweighingStheScostsSofSaSgivenSactionSagainstStheSbenefitsSofSth
eSaction.
duty-
basedSethics:SAnSethicalSphilosophySrootedSinStheSideaSthatSeverySpersonShasScertainSdutiesSto
Sothers,SincludingSbothShumansSandStheSplanet.SThoseSdutiesSmaySbeSderivedSfromSreligiousSpri
nciplesSorSfromSotherSphilosophicalSreasoning.
ethicalSreasoning:SASreasoningSprocessSinSwhichSanSindividualSlinksShisSorSherSmoralSconvicti
onsSorSethicalSstandardsStoStheSparticularSsituationSatShand.
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, ethics:SMoralSprinciplesSandSvaluesSappliedStoSsocialSbehavior.
moralSminimum:STheSminimumSdegreeSofSethicalSbehaviorSexpectedSofSaSbusinessSfirm,Swhic
hSisSusuallySdefinedSasScomplianceSwithStheSlaw.
outcome-
basedSethics:SAnSethicalSphilosophySthatSfocusesSonStheSimpactsSofSaSdecisionSonSsociety
SorSonSkeySstakeholders.
outsourcing:STheSpracticeSbySwhichSaScompanyShiresSanSoutsideSfirmSorSindividualStoSperfo
rmSworkSratherSthanShiringSemployees.
principleSofSrights:STheSprincipleSthatShumanSbeingsShaveScertainSfundamentalSrightsS(toSli
fe,Sfreedom,SandStheSpursuitSofShappiness,SforSexample).SASkeySfactorSinSdeterminingSwheth
erSaSbusinessSdecisionSisSethicalSunderSthisStheorySisShowSthatSdecisionSaffectsStheSrightsSo
fSothers,SsuchSasSemployees,Sconsumers,Ssuppliers,SandStheScommunity.
stakeholders:SGroups,SotherSthanStheScompany’sSshareholders,SthatSareSaffectedSbyScorpora
teSdecisions.SStakeholdersSincludeSemployees,Scustomers,Screditors,Ssuppliers,SandStheScom
munitySinSwhichStheScorporationSoperates.
tripleSbottomSline:STheSideaSthatSinvestorsSandSothersSshouldSconsiderSnotSonlyScorporate
profits,SbutSalsoStheScorporation’sSimpactSonSpeopleSandSonStheSplanetSinSassessingStheSfirm.S(
TheSbottomSlineSisSpeople,Splanet,SandSprofits.)
utilitarianism:SAnSapproachStoSethicalSreasoningSinSwhichSethicallyScorrectSbehaviorSisSrelated
StoSanSevaluationSofStheSconsequencesSofSaSgivenSactionSonSthoseSwhoSwillSbeSaffectedSbySit.SI
n
utilitarianSreasoning,SaS―good‖SdecisionSisSoneSthatSresultsSinStheSgreatestSgoodSforStheSgreatest
SnumberSofSpeopleSaffectedSbyStheSdecision.
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What's New in This Chapter
S S S S
TheSfollowingSelementsSareSimprovementsSinSthisSchapterSfromStheSpreviousSedition:
NewSchapterStitleSandSchapter-
openingSintroductionSscenarioSdiscussingSrecentStechnologySscandalSinvolving
Sfinger-prickSbloodStestSkits
NewSchapterSorganizationSandSsubheadsSthroughoutS(includingSnewSheadingsSfor
―outsourcing‖SandS―corruption‖)
NewSsectionSonSMakingSEthicalSBusinessSDecisionsSandSnewSmaterialsSonSSystematic
Approach:SIDDRS(―ISdesireStoSdoSright‖)SthatSwillSbeSusedSthroughoutStheStextStoSanaly
zeSethics,SincludingSinSallSofStheSnewS―ASQuestionSofSEthics‖SproblemsSinStheSremai
ningSchapters.
o NewS―ApplicationSofStheSIDDRSApproach‖SsubsectionSwithSstep-by-
stepSdiscussionSandSsampleSscenario.
1SNewSExhibitS3–
1:SAnSAnalysisSofSEthicalSApproachesStoStheSSampleSDilemmaS(fo
rSnewSIDDRSApproach)
o 1SNewSTermS&SConcept
outsourcing
1SNewSEthicsSTodaySfeature—
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