Business Law: Text & Exercises (MindTap Course List)
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, Business Law: Text & Exercises (MindTap Course List)
Chapter 1
Table Of Contents
Purpose And Perspective Of The Chapter ...................................................................................... 2
Cengage Supplements .......................................................................................................................... 2
List Of Student Downloads ............................................................................................................... 2
Chapter Objectives ................................................................................................................................. 2
Key Terms .................................................................................................................................................. 2
What's New In This Chapter................................................................................................................ 3
Chapter Outline ....................................................................................................................................... 4
Discussion Questions............................................................................................................................. 8
Additional Resources .......................................................................................................................... 10
Cengage Video Resources ............................................................................................................. 10
Appendix ................................................................................................................................................. 10
Generic Rubrics .................................................................................................................................. 10
Standard Writing Rubric ................................................................................................................ 10
Standard Discussion Rubric ......................................................................................................... 12
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, Business Law: Text & Exercises (MindTap Course List)
Purpose And Perspective Of The Chapter
The Purpose Of This Chapter Is To Examine The Relationship Between Law And
Ethics. The Chapter Presents Issues Involved To Determining The Ethical
Responsibilities Of Businesses And Provides Students A Framework For Analyzing
And Making Ethical Decisions.
Cengage Supplements
The Following Product-Level Supplements Provide Additional Information That May
Help You In Preparing Your Course. They Are Available In The Instructor Resource
Center.
• Powerpoint Deck
List Of Student Downloads
Students Should Download The Following Items From The Student Companion
Center To Complete The Activities And Assignments Related To This Chapter:
• Powerpoint Deck (Without Teaching Notes, Activities, Or Answers)
Chapter Objectives
The Following Objectives Are Addressed In This Chapter:
1. Discuss How Business Can Discourage Unethical Behavior
2. Explain The Relationship Between Law And Ethics
3. Compare Duty-Based Ethics And Utilitarian Ethics
4. Identify Ethical Problems In The Global Context
Key Terms
Business Ethics: Ethics In A Business Context; A Consensus Of What Constitutes
Right Or Wrong Behavior In The World Of Business And The Application Of Moral
Principles To Situations That Arise In A Business Setting.
Categorical Imperative: A Concept Developed By The Philosopher Immanuel
Kant As An Ethical Guideline For Behavior. In Deciding Whether An Action Is Right
Or Wrong, Or Desirable Or Undesirable, A Person Should Evaluate The Action In
Terms Of What Would Happen If Everybody Else In The Same Situation, Or
Category, Acted The Same Way.
Corporate Social Responsibility (Csr): The Concept That Corporations Can
And Should Act Ethically And Be Accountable To Society For Their Actions.
Cost-Benefit Analysis: A Decision-Making Technique That Involves Weighing The
Costs Of A Given Action Against The Benefits Of The Action.
Duty-Based Ethics: An Ethical Philosophy Rooted In The Idea That Every Person Has
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, Business Law: Text & Exercises (MindTap Course List)
Certain Duties To Others, Including Both Humans And The Planet. Those Duties May
Be Derived From Religious Principles Or From Other Philosophical Reasoning.
Ethical Reasoning: A Reasoning Process In Which An Individual Links His Or
Her Moral Convictions Or Ethical Standards To The Particular Situation At Hand.
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