*Welcome to Business Ethics
*Associate Professor David Pick
*The food on your plate?
*http://www.theguardian.com/global-development/2014/jun/10/supermarket-prawns-thailand-produced-slave-labour
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*What is Business Ethics?
*Ethics versus morality
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*Deciding the right thing to do?
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*About process rather than being something ‘perfect’? (S-T-A-R)
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*How to decide the right thing to do?
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*Thought experiment 1
(From Sandel, 2009)
*You are the driver of a tram travelling at around 80km/h. You see a group of 4 workers on the track ahead. It is too late to apply the breaks to stop in time or for the workers to avoid being hit by the tram. If the tram hits the workers they will be killed. Just in time you see a switch-track and you have enough time to steer the tram into a siding off to the left and miss the workers on the track. However, there is one person working on that track too. You have no time to avoid hitting them.
*Thought Experiment 2
You are the executive…
*The company produces a top-selling car, but your engineers have discovered that because the petrol tank is made of plastic it makes the car liable to explode when hit from the rear. A cost-benefit analysis reveals that 180 people would be killed and 180 would receive burns if the design is not changed. At $200,000 per life and $67,000 per injury plus the value of the cars that would go up in flames, the overall benefit of improving safety would be $49.5 million. The cost of adding a safety device to all the vehicles would be $137.5 million. As the executive in charge, what will you decide?
*Doing the right thing
*Heather Loisel –Vice President of Global Marketing Operations of SAP, a leading provider of business software. Business Ethics Is About A Bunch Of Small Decisions.
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*When is a business problem a business ethics problem?
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*There is a choice between alternative courses of action to address the problem.
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*All of the available alternatives have positive and negative affects.
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*Ethics tests
*Utilitarianism test – greatest good for the greatest number (cost vs benefits). “Are we maximising the good and minimising the bad for those affected?”
*Libertarianism test – something is permitted if it is lawful and does compromise the rights of others. “Are we respecting the rights of those affected?” And “Are we letting others make their own choices?”
*Deontology test – ‘categorical imperative’ (duty). ‘What is my/our duty in this situation?’
*Virtue test – “Does this action represent the kind of person I am or want to be?” and “Does it represent my organization’s reputation or vision of the kind of enterprise it wants to be?”
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*Business ethics problem
*What is the right thing to do?
*What would the action you are considering smell like if we read about it in a front-page news article or in a popular blog or the story went viral?
*Would you be comfortable reading a newspaper story that your company was doing this or letting the current situation continue for long?
*Would you be comfortable explaining it to your best friend/partner/spouse/grandmother?
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*Conclusion
*In this session we have tackled the following questions:
*What is Business Ethics?
*Why is business ethics important?
*How do we identify an ethical problem or issue in business?
*How do we decide the right thing to do?
*Make sure you have comprehensive answers to these questions.
*There is one question not yet answered that is about ‘Who’? The answer to this is of course YOU.
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*For Next Week
*(a) Take a photo of something that you think is a business ethics problem. Upload it to the Bb discussion board for Seminar 2 and add a one sentence explanation of what the issue is. We will discuss them next seminar.
*(b) Become familiar with the assessment. We will begin to work on the assessment in class next week. Working on assessment in class = a good grade! We will be grading your assignments on the assumption that you have had help and guidance in class.
*(c) Read and bring with you the resources available on Bb Topic2 Unit Resources.
代写 Business Ethics
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