Discusses the nature and significance of ethical standards and identifies four kinds of moral principles for resolving ethical dilemmas in business. Covers the ethics of markets & prices, environmental, consumer and employee issues.



Manuel Velasquez discusses the nature and significance of ethical standards and identifies four kinds of moral principles for resolving ethical dilemmas in business. He then applies the resulting theory to specific issues such as the ethics of markets and prices (free markets, Marxist criticisms, the mixed economy, various forms of competition); environmental and consumer issues (pollution, depletable resources, conservation, consumer protection, advertising ethics); and employee issues (job discrimination, employee rights and obligations, affirmative action, a firm's duties to its employees). This new edition retains the basic organization and conceptual framework of its predecessor. However, new materials related to significant changes in the business world and in moral philosophy have been added to every chapter. Statistical and factual information has been updated, and the book now includes a discussion of "care ethics," a new approach pioneered by feminist moral thinkers. Each chapter concludes with thought-provoking case studies, most of them new. These cases illustrate the chapter's conceptual material by presenting moral dilemmas faced by contemporary business confronted with the challenges described in this book.



Presents a discussion of the concepts of various aspects of business ethics, followed by concrete examples using actual cases of business ethics. This allows students to use and apply the concepts introduced.



From the Back Cover

This book provides readers with a clear, straightforward writing style, an abundance of examples, detailed real-life cases, and current data and statistics. It aims to

1) introduce ethical concepts that are relevant to resolving moral issues in business,

2) develop the reasoning and analytical skills needed to apply ethical concepts to business decisions,

3) identify the moral issues involved in the management of specific problem areas in business, and

4) examine the social and natural environments within which moral issues in business arise.

Chapter topics cover ethics and business, ethical principles in business, the business system, ethics in the marketplace, ethics and the environment, the ethics of consumer production and marketing, the ethics of job discrimination, and the individual in the organization. For anyone in business.



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