BA 3340 Lecture Notes - Lecture 1: Distributive Justice, Harm Principle, Jeremy Bentham
Document Summary
Business ethics is the study of business situations, activities and decisions where issues of right and wrong are addressed. Morality: concerned with the norms, values and beliefs embedded in social processes which de ne right and wrong for an individual or community. Ethics: concerned with the study of morality and the application of reason to elucidate speci c rules and principles that determine right and wrong for any given situation. Introduces basics of business ethics: globalisation, sustainability, corporative social responsibility, normative theories, descriptive theories, ethics management. Uses basics of business ethics in the context of: shareholders, employees, customers, suppliers & competitors, civil society, government & regulation. Globalisation: process which diminishes the necessity of common and shared territorial basis for social, economic, and political activities, processes and relations. Accountability issues: multinationals are becoming economically as powerful as government. Should they become also more accountable as governments are.
