business ethics. the set of moral principles by which people conduct themselves personally,...

Business Ethics

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Business Ethics

The set of moral principles by which people conduct themselves personally, socially, or professionally

Business Ethics: A set of laws about how a business should conduct itself Businesses have some legal responsibilities to

do what is right for society’s welfare Can a business behave unethically and still

operate within the law? Can poor ethics effect business?

Ethics Defined

Page 3: Business Ethics. The set of moral principles by which people conduct themselves personally, socially, or professionally Business Ethics: A set of

Shareholder: A person/company/organization that owns any part of the company; shares in business profits and losses

Stakeholder: A person/group/organization that has direct or indirect stake in an organization because it can affect or be affected by the organization's actions, objectives, and policies Ex: Employees, customers, communities,

environment?

Driving Forces in Business Ethics

Page 4: Business Ethics. The set of moral principles by which people conduct themselves personally, socially, or professionally Business Ethics: A set of

“The duty to do what is best for the good of society”

Do businesses have a social responsibility? If so, how do they fulfill this responsibility?

Making profits for shareholders? Sharing profits with society-at-large?

Social Responsibility

Page 5: Business Ethics. The set of moral principles by which people conduct themselves personally, socially, or professionally Business Ethics: A set of

http://www.hoover.org/news/daily-report/24617

http://www.veganpeace.com/sweatshops/sweatshops_and_child_labor.htm

http://business-ethics.com/2012/09/29/greening-up-the-hotel-industry/

Resources for Ethical Dilemma

http://www.hoover.org/news/daily-report/24617

http://www.veganpeace.com/sweatshops/sweatshops_and_child_labor.htm

http://business-ethics.com/2012/09/29/greening-up-the-hotel-industry/

Page 6: Business Ethics. The set of moral principles by which people conduct themselves personally, socially, or professionally Business Ethics: A set of

How much water and soap can hotels save from leaving cards out?

How do hotels utilize “green” technology and increase profitability? (Think about toilets!)

What’s the point for hotels to plant trees and participate in the Four Seasons’ 10 Million Trees Initiative

Green Hotel AssignmentHint: you will have to READ the article to find the answers to the

questions below

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