Copyright © 2007 South-Western. All rights reserved. Chapter 2 Business Ethics and Social Responsibility

Copyright © 2007 South-Western. All rights reserved.

Chapter 2Business Ethics and Social Responsibility


Business Ethics and Social Responsibility

Portion of Graphic from pg 36 will go

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Learning Objectives

Business Ethics &Social Responsibility

Communities Employees

Environment Stockholders

Creditors

Customers




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The Key Decisions in Running A Business




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Customers – Social Responsibility

CustomersEmployeesStockholdersCreditorsEnvironmentCommunities

Production

Sales




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Ensuring Responsibility


1 - Code of Responsibilities

2 - Monitor Complaints

3 - Customer Feedback




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Government Regulations

CustomersEmployeesStockholdersCreditorsEnvironmentCommunities Competition

AdvertisingSafety




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Responsibility to Employees


DiversitySexual Harassment

Treatment

Workplace

Safety




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Types of Diversity


Religion

Age

RaceBeliefs

Gender




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Equal Opportunity


Affirmative Action

Civil Rights Act

EEOC




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Ensuring Responsibility


Code of Responsibility

Grievance Policy




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Job Satisfaction





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Responsibility to Stockholders


Sarbanes-Oxley Act

Employee Compensation




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Stockholder Actions


Shareholder Activism

Institutional Investors




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Executive Compensation


42

1980

85

500

1990

2000

Employee

C.E.O.




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Responsibility to Creditors


Accurate Information

Payment




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Pollution


Air Land




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Responsibility Conflicts


ProfitabilityEnvironment




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Responsibility to Community


Charity

Contributions

Foundations




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Conflict Among Responsibilities


Communities Employees

Environment Stockholders

Creditors

Customers




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Conflict Among Responsibilities


Documents

Copyright © 2007 South-Western. All rights reserved. Chapter 2 Business Ethics and Social Responsibility