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Mr. Elsesser Introduction To Business
Mr. Elsesser Introduction To Business
Elsesser
Introduction to Business
What would you do if…
“You are in a class taking
an exam, you are struggling,
your teacher turns her back
and the student in front of you
has the answer sheet available
for you to see,
what do you do?”
Could your decision become habit forming?
Is it legal?
Is it the right thing to do?
Could I defend my actions?
Is it just, balanced and fair?
How will I feel about myself?
When you are guided by ethics, you do not cheat
on a test or lie to friends or family.
The American economy is driven by these activities.
ETHICS:
moral principles by which people conduct themselves
personally, socially, or professionally
Most businesses are guided by business ethics.
BUSINESS ETHICS:
rules based on moral principles about how businesses
and employees ought to conduct themselves
Truthful about
Environmental
financial
protection
status
EXAMPLE:
These Include:
Lying
Offering merchandise known to be substandard
Treating customers or employees unfairly
These Include:
If a business violates government regulations, the
owner can be fined or go to jail.
Example: Selling Products in Cuba
Examples:
Hiring a friend over somebody more qualified
Abusing work privileges for personal gain, just
because you can.
Anything that is NOT ACTING IN THE BEST INTEREST
OF THE COMPANY
BRAINSTORM:
Should students report behavior of other students who are
violating the school’s ethical code of conduct?
Should employees report behavior that violates ethics policies?
Responsibility
Responsibility to Responsibility to
Society Creditors and
Owners