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Moral Issues in Business 13th Edition by William Shaw, Vincent Barry ISBN 1285874323 9781285874326

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ISBN 10: 1285874323
ISBN 13: 9781285874326
Author: William Shaw, Vincent Barry

MORAL ISSUES IN BUSINESS, 13E examines the moral dilemmas that are common to today’s business climate and gives students the analytical tools to resolve those issues. Using a combination of true stories, interesting primary sources, and a conversational writing style, this edition prepares students for the moral quandaries awaiting them in the professional world. Featured topics include: the nature of morality, individual integrity and responsibility, economic justice, pitfalls of capitalism, and corporations’ responsibilities to consumers and the environment. Plus, this edition also discusses situation-specific concepts such as downsizing, whistle blowing, sexual harassment, job discrimination, animal abuse, and drug testing.

Moral Issues in Business 13th Table of contents:

Part 1: Moral Philosophy and Business

Chapter 1: The Nature of Morality

  • Ethics

  • Business and Organizational Ethics

  • Moral Versus Nonmoral Standards

  • Morality and Etiquette

  • Morality and Law

  • Professional Codes

  • Where Do Moral Standards Come From?

  • Religion and Morality

  • Morality Needn’t Rest on Religion

  • Ethical Relativism

  • Relativism and the “Game” of Business

  • Having Moral Principles

  • Conscience

  • The Limits of Conscience

  • Moral Principles and Self-Interest

  • Morality and Personal Values

  • Individual Integrity and Responsibility

  • Organizational Norms

  • Conformity

  • Diffusion of Responsibility

  • Moral Reasoning

  • Defensible Moral Judgments

  • Patterns of Defense and Challenge

  • Requirements for Moral Judgments

Study Corner

  • Key Terms and Concepts

  • Points to Review

  • For Further Reflection

Case Studies

  • Case 1.1: Made in the U.S.A.—Dumped in Brazil, Africa, Iraq …

  • Case 1.2: Just Drop off the Key, Lee

  • Case 1.3: The A7D Affair

Readings

  • Reading 1.1: It’s Good Business

  • Reading 1.2: Moral Responsibility in the Age of Bureaucracy

Chapter 2: Normative Theories of Ethics

  • Consequentialist and Nonconsequentialist Theories

  • Egoism

    • Misconceptions about Egoism

    • Psychological Egoism

    • Problems with Egoism

  • Utilitarianism

    • Six Points about Utilitarianism

    • Utilitarianism in an Organizational Context

    • Critical Inquiries of Utilitarianism

    • The Interplay between Self-Interest and Utility

  • Kant’s Ethics

    • Good Will

    • The Categorical Imperative

    • Kant in an Organizational Context

    • Critical Inquiries of Kant’s Ethics

  • Other Nonconsequentialist Perspectives

    • Prima Facie Obligations

    • Assisting Others

    • Moral Rights

  • Nonconsequentialism in an Organizational Context

  • Critical Inquiries of Nonconsequentialism

  • Utilitarianism Once More

  • What Will the Optimal Code Look Like?

  • Moral Decision Making: A Practical Approach

    • Obligations, Effects, Ideals

Study Corner

  • Key Terms and Concepts

  • Points to Review

  • For Further Reflection

Case Studies

  • Case 2.1: Hacking into Harvard

  • Case 2.2: The Ford Pinto

  • Case 2.3: Blood for Sale

Readings

  • Reading 2.1: One Philosopher’s Approach to Business Ethics

  • Reading 2.2: When Is “Everybody’s Doing It” a Moral Justification?

Chapter 3: Justice and Economic Distribution

  • The Nature of Justice

  • Rival Principles of Distribution

  • The Utilitarian View

    • Utilitarianism and Economic Distribution

  • The Libertarian Approach

    • Nozick’s Theory of Justice

    • Nozick’s Wilt Chamberlain Example

    • The Libertarian View of Liberty

    • Markets and Free Exchange

    • Property Rights

  • Rawls’s Theory of Justice

    • The Original Position

    • Choosing the Principles

    • Rawls’s Two Principles

    • Fairness and the Basic Structure

    • Benefits and Burdens

Study Corner

  • Key Terms and Concepts

  • Points to Review

  • For Further Reflection

Case Studies

  • Case 3.1: Eminent Domain

  • Case 3.2: Battling over Bottled Water

  • Case 3.3: Poverty in America

Readings

  • Reading 3.1: Income Distribution

  • Reading 3.2: Is Inheritance Justified?

Part 2: American Business and Its Basis

Chapter 4: The Nature of Capitalism

  • Capitalism

  • Historical Background of Capitalism

  • Key Features of Capitalism

  • Companies

  • Profit Motive

  • Competition

  • Private Property

  • Two Arguments for Capitalism

    • The Natural Right to Property

    • Adam Smith’s Concept of the Invisible Hand

  • Criticisms of Capitalism

    • Inequality

    • Human Nature and Capitalism

    • Competition Isn’t What It’s Cracked Up to Be

    • Exploitation and Alienation

  • Today’s Economic Challenges

    • The Decline of American Manufacturing

    • Exclusive Focus on the Short Term

    • Changing Attitudes toward Work

Study Corner

  • Key Terms and Concepts

  • Points to Review

  • For Further Reflection

Case Studies

  • Case 4.1: Catastrophe in Bangladesh

  • Case 4.2: Licensing and Laissez Faire

  • Case 4.3: One Nation under Walmart

  • Case 4.4: A New Work Ethic?

  • Case 4.5: Casino Gambling on Wall Street

  • Case 4.6: Paying College Athletes

Readings

  • Reading 4.1: Globalization and Its Discontents

  • Reading 4.2: The Ethics of Corporate Downsizing

  • Reading 4.3: Buddhist Economics

Chapter 5: Corporations

  • The Limited-Liability Company

  • Corporate Moral Agency

  • Can Corporations Make Moral Decisions?

  • Vanishing Individual Responsibility

  • Rival Views of Corporate Responsibility

    • The Narrow View: Profit Maximization

    • The Broader View: Corporate Social Responsibility

  • Stockholders and the Corporation

  • Debating Corporate Responsibility

    • The Invisible-Hand Argument

    • The Let-Government-Do-It Argument

    • The Business-Can’t-Handle-It Argument

  • Institutionalizing Ethics Within Corporations

  • Limits to What the Law Can Do

  • Ethical Codes and Economic Efficiency

  • Corporate Moral Codes

  • Corporate Culture

Study Corner

  • Key Terms and Concepts

  • Points to Review

  • For Further Reflection

Case Studies

  • Case 5.1: Yahoo in China

  • Case 5.2: Drug Dilemmas

  • Case 5.3: Free Speech or False Advertising?

  • Case 5.4: Corporations and Religious Faith

  • Case 5.5: Charity to Scouts?

  • Case 5.6: Corporate Taxation

Readings

  • Reading 5.1: The Toxic Side Effects of Shareholder Primacy

  • Reading 5.2: A Debate on the Social Responsibility of Business

  • Reading 5.3: Business Ethics: On Getting to the Heart of the Matter

  • Reading 5.4: Ethical Dilemmas for Multinational Enterprise: A Philosophical Overview

Part 3: Business and Society

Chapter 6: Consumers

  • Product Safety

  • The Legal Liability of Manufacturers

  • Government Safety Regulation

  • How Effective Is Regulation?

  • The Responsibilities of Business

  • Other Areas of Business Responsibility

    • Product Quality

    • Pricing

    • Labeling and Packaging

    • Deception and Unfairness in Advertising

  • Deceptive Techniques

  • The Federal Trade Commission’s Role

  • Ads Directed at Children

  • The Debate Over Advertising

  • Consumer Needs

  • Market Economics

  • Free Speech and the Media

Study Corner

  • Key Terms and Concepts

  • Points to Review

  • For Further Reflection

Case Studies

  • Case 6.1: Breast Implants

  • Case 6.2: Hot Coffee at McDonald’s

  • Case 6.3: Sniffing Glue Could Snuff Profits

  • Case 6.4: Closing the Deal

  • Case 6.5: The Rise and Fall of Four Loko

Readings

  • Reading 6.1: The Ethics of Sales

  • Reading 6.2: The Inconclusive Ethical Case against Manipulative Advertising

  • Reading 6.3: Why Do We Consume So Much?

Chapter 7: The Environment

  • Business and Ecology

  • Ecosystems

  • Business’s Traditional Attitudes Toward the Environment

  • The Ethics of Environmental Protection

  • The Costs of Pollution Control

  • Who Should Pay the Costs?

  • Achieving Our Environmental Goals

    • Regulations

    • Incentives

    • Pricing Mechanisms and Pollution Permits

  • Delving Deeper into Environmental Ethics

    • Global Environmental Fairness

    • Obligations to Future Generations

    • The Value of Nature

    • Our Treatment of Animals

Study Corner

  • Key Terms and Concepts

  • Points to Review

  • For Further Reflection

Case Studies

  • Case 7.1: Hazardous Homes in Herculaneum

  • Case 7.2: Poverty and Pollution

  • Case 7.3: The Fordasaurus

  • Case 7.4: The Fight over the Redwoods

  • Case 7.5: Palm Oil and Its Problems

Readings

  • Reading 7.1: The Place of Nonhumans in Environmental Issues

  • Reading 7.2: Business and Environmental Ethics

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