BCOR 3010
Course Outlines
Name: ___________________________
Part One: Values
I: Some Initial Thoughts on Business Behavior
Values – desirable principles/qualities
Ethics – beliefs about what is right or wrong, good or bad in actions that affect others
Business ethics – need for compliance, aware of contributions it can make, consequences inside and out of company * Aware of what you are doing, its consequences/ and complications. * Take into account, and willingness to be responsible for them.
Ethical Dilemmas – concerning right or wrong in which values are in conflict. EX individuality vs. community, justices vs. mercy, truth vs. loyalty
II. The Relevance of Values
The new rigor practice decision …show more content…
Civil Regulators non-gov. sort of intervention 16. Reputation of companies can be damaged by civil action to a degree that will affect business performance a. Ex. Nike/ Neslte/ Monsanto/ Union Carbide/Shell/Exxon/McDonalds 17. Significance of the cut and thrust (name and shame) demand 18. 2/3 of consumers want companies to go beyond historical role of making a profit l. Olsen’s Limitations 28. Goyder Effect 19. Companies are better at prediciting long-term performance 29. Korten Effect 20. Companies over estimate the financial impact of reputational losses m. Sheer force of people’s stated concerns is not in itself sufficient to drive companies to better practices
n. Our Model: The Effectiveness of Stakeholder or Interest Group Pressure on Business Behavior is a function of…………….
Part Five (A): Different Conceptions of the Role of Business A. The Modern Debate About the Meaning of Corporate Social Responsibility (CSR) 1. Growth of the CSR Movement and Issues with the Term “CSR” i. A new industry ii. Range of meanings iii. ‘Corporate’ vs.