Companies and those who work for them must act responsibly wherever they go-- besides improving performance, acting responsibly and behaving appropriately promotes prosperity and peacefulness. However, when an individual moves abroad, moral reasoning becomes quite complicated. Consequences often vary due to legal differences, and what is right or wrong may depend to an extent on local values. People need to figure out how make moral decisions—and so do the companies they work for.Certainly, it is tempting to assume that there is almost universal agreement on what’s right and what’s wrong when it comes to ethical and socially responsible behavior in business. In the real world, however, managers face situations from country to country in which the whys and hows of applying cultural values are less than crystal clear.Furthermore, everything that complicates dilemmas in the domestic business environment tends to complicate them even further in the international arena, given wide-ranging variability in cultural, political, legal, economic outlooks and orientations.In such situations, managers rely upon principles and practices to organize since making activities that support effective decision-making.With this in mind, many of us wonder exactly “what is ethics?”As we see in the infographic below, ethics ultimately is a _______A) specific regulation of beliefs B) contextual standards of morality C) series of recommendations and suggestions D) set of rules E) perspectives on compliance THEORY, TOO, SEEMS TO BE AT THE CORE OF VHAT SHOULD BE TAUGHT IN AN ETHICS COURSE.orEthical TheoriesTHE DISAGREEMENT IS IN WHAT THEORY SHOULD BE TAUGHT. PHILOSOPHERS BELIEVVEETHICAL THEORIES SHOULD BE TAUGHT IN AN ETHICS COURSE (MORRIS & WOOD, 2010, SNow,2009). Monnis Gors ON TO SUGGEST THAT A HOLISTIC APPROACH MUST BE USED IN ETHICSCOURSES. PSYCHOLOGISTS SUGGEST THAT MORAL PHILOSOPHY ALSO BE INCORPORATED INTOA samplingETHICS COURSES (FrzEMAN ET AL, 2001, FORSYTH 1992, PENN & COLLIER, 1985, WUENSCH &POTEAT. 1998). OTHERS SUGGEST THAT THEORY ALONE IS NOT ENOUGH AND THAT EMOTIONSNEED TO BE EXPLORED AND INCORPORATED (Monnor, 2008, WERHANE, 1998).UtilitarianismDeontologyVirtueDuyto do what istuvesalinahiyright for theright reaPhronesisEndaimoniaPeople aresheendeGreatest good for greatestamount of people.Consequences matter, morethan how you got there.AreteDuty Theoryabout tow you get there.Not how you get there, or where you get ra who you arere about where you enaEgoismRights and JusticeGood and EvilIt's aboutGlobal JusticeHuman RightsDistributive JusticeLegal RightsmeHow to Teach itTradition lecture style has notgenerally proved effective inteaching ethics. Many differentapproaches have been utilized toimprove ethics education.I suggest that gamification mayprove effective in teachingethics. Gamification aspreviously discussed is asystem in which players engagein an abstract challenge, definedby rules, interactivityfeedback that resuquantifiable outconeliciting an emotionWhat to TeachAn ethics course is not about theWhat is EthicsThere is an idea that ethics issynonymous with compliance.Another researcher has found thatthe public "tends to use the termsethics and moralitysynonymously (Bayley, 2012.p.15). If ethics and morality aresynonymous and morality is a setof rules or principles intended forthe general regulation of conduct"then ethics is a set of rules(Narveson, 2010, p 498).However, is ethics simply a set ofrules or is it something more?rules or the choices themselves.but about why a person chose thatcourse of action. ). It has alsobeen well documented that whenpeople know why the rules werecreated they are more likely tofollow the rules, and that anunderstanding of theory providespeople with the why, who, what,when, where, and how (Freemanet al, 2004). Therefore, it appearsthat deeper understanding andreasoning must be at the core ofany ethics course (Loe & Weeks,

Business ethics is the analysis of suitable business approaches & practices about potentially…

Companies and those who work for them must act responsibly wherever they go-- besides improving performance, acting responsibly and behaving appropriately promotes prosperity and peacefulness. However, when an individual moves abroad, moral reasoning becomes quite complicated. Consequences often vary due to legal differences, and what is right or wrong may depend to an extent on local values. People need to figure out how make moral decisions—and so do the companies they work for. Certainly, it is tempting to assume that there is almost universal agreement on what’s right and what’s wrong when it comes to ethical and socially responsible behavior in business. In the real world, however, managers face situations from country to country in which the whys and hows of applying cultural values are less than crystal clear. Furthermore, everything that complicates dilemmas in the domestic business environment tends to complicate them even further in the international arena, given wide-ranging variability in cultural, political, legal, economic outlooks and orientations. In such situations, managers rely upon principles and practices to organize since making activities that support effective decision-making. With this in mind, many of us wonder exactly “what is ethics?” As we see in the infographic below, ethics ultimately is a _______ A) specific regulation of beliefs B) contextual standards of morality C) series of recommendations and suggestions D) set of rules E) perspectives on compliance

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE