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Why Business Ethics.pdf

October 7, 2009 · Filed Under Business Ethics  · Tags:

This pdf material was written by: John Hooker, Carnegie Mellon University in April 2003.

Excerpt: Everyone agrees that business managers must understand finance and marketing. But is it necessary for them to study ethics?

Managers who answer in the negative generally base their thinking on one of three rationales. They may simply say that they have no reason to be ethical. They see why they should make a profit, and most agree they should do so legally. But why should they be concerned about ethics, as long as they are making money and staying out of jail?

Other managers recognize that they should be ethical but identify their ethical duty with making a legal profit for the firm. They see no need to be ethical in any further sense, and therefore no need for any background beyond business and law.

A third group of managers grant that ethical duty goes further than what is required by law. But they still insist that there is no point in studying ethics. Character is formed in childhood, not while reading a college text or sitting in class.

These arguments are confused and mistaken on several levels. To see why, it is best to start with the question raised by the first one: why should business people be ethical?

Contents:

  • Why Should One Be Ethical?
  • Doing Well by Doing Good
  • The Duty to Make Money
  • The Rules of the Game
  • Why Study Ethics?

This pdf material is available FREE at Carnegie Mellon University website, we merely collect the information, Online Free Ebooks neither affiliated with the author(s), the website and any brand nor responsible for its content and change of content. (Read our disclaimer here or here before you download the document from the website written above by clicking the below link).

Download free Why Business Ethics? (7 pages pdf file,0.3 MB).

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