BUSINESS ETHICS INTRODUCTION TO BUSINESS AND MARKETING BUSINESS
BUSINESS ETHICS INTRODUCTION TO BUSINESS AND MARKETING
BUSINESS ETHICS Wrap-Up from Section 1 Reasons That People Rationalize • • • Laziness Greed To Get Even Confusion Power Complacency SECTION 2 WHISTLEBLOWERS
BUSINESS ETHICS Whistle Blowing: A Practical Example SECTION 2 WHISTLEBLOWERS
BUSINESS ETHICS Whistle Blowing: A Practical Example 1. What was the career of the two ladies in the video? 2. What did they do to jeopardize their careers? 3. What were some of the things allegedly happening to them as a result? 4. Why were those things being done to them? SECTION 2 WHISTLEBLOWERS
BUSINESS ETHICS How Does It Relate? The overall goal of business is to make your company ______. . The goal of business ethics is to help you make that profit in an ________ manner. . But there may be _________ when not everyone feels this way. SECTION 2 WHISTLEBLOWERS
BUSINESS ETHICS How Does It Relate? The overall goal of business is to make your company profitable. . The goal of business ethics is to help you make that profit in an ________ manner. . But there may be _________ when not everyone feels this way. SECTION 2 WHISTLEBLOWERS
BUSINESS ETHICS How Does It Relate? The overall goal of business is to make your company profitable. . The goal of business ethics is to help you make that profit in an honest manner. . But there may be undeserved _______ when not everyone feels this way. SECTION 2 WHISTLEBLOWERS
BUSINESS ETHICS How Does It Relate? The overall goal of business is to make your company profitable. . The goal of business ethics is to help you make that profit in an honest manner. . But there may be undeserved consequences when not everyone feels this way. SECTION 2 WHISTLEBLOWERS
BUSINESS ETHICS How Does It Relate? This brings us to the topic of…. WHISTLEBLOWING SECTION 2 WHISTLEBLOWERS
BUSINESS ETHICS WHISTLEBLOWING WHISTLEBLOWER. A person who exposes any kind of information or activity that is deemed illegal or unethical in an organization. SECTION 2 WHISTLEBLOWERS
BUSINESS ETHICS WHISTLEBLOWING Sometimes…. We encounter a situation where not everyone sees right and wrong the way we do. . We find an employer where the leadership runs the company in a very dishonest way. . It’s hard to know the right thing to do in this situation, and it usually depends on how bad the situation is. SECTION 2 WHISTLEBLOWERS
BUSINESS ETHICS WHISTLEBLOWING Some People…. • Choose to just walk away. They walk out. . • Stay in the situation for now and look hard for another job. They need the income. . • Stay and rationalize. They convince themselves that it is okay. SECTION 2 WHISTLEBLOWERS
BUSINESS ETHICS WHISTLEBLOWING Some People…. • Decide that it is truly time to become a change maker. They go to the authorities and report what is going on. These people are known as… WHISTLEBLOWERS SECTION 2 WHISTLEBLOWERS
BUSINESS ETHICS WHISTLEBLOWING: THE EFFECTS SECTION 2 WHISTLEBLOWERS
BUSINESS ETHICS WHISTLEBLOWING: THE REASONS Reasons People Blow the Whistle: SECTION 2 WHISTLEBLOWERS
BUSINESS ETHICS WHISTLEBLOWING: THE REASONS Reasons People Blow the Whistle: 1. They want money. (Not all are honest. ). 2. Genuine concern about abuses. 3. Professional license being put at risk. 4. Want to see change in their profession. 5. Feel a legal or moral duty to do so SECTION 2 WHISTLEBLOWERS
BUSINESS ETHICS WHISTLEBLOWING: WHAT WILL YOU DO? It’s Your Turn! You are the Assistant to the Vice-President of Finance for a company that sells pet food. You learn that the company is sending an annual report to its stockholders which reports major profits. It is encouraging them to buy more stock. But the company’s tax filing shows that it lost one million dollars last year. In reality, it is breaking even. The company stresses a culture of loyalty. Employees are constantly told that “we are a family, and we stick together. ” SECTION 2 WHISTLEBLOWERS
Homework BUSINESS ETHICS Find and watch a video on You. Tube entitled: . Top Ten Whistle Blowers in History. ESSAY: Pick one Whistleblower 1. Who was the whistleblower? Where did he/she work? What was the issue (one paragraph) 2. How did this whistleblower handle the issue? (one paragraph) 3. What was the outcome? (one paragraph) ALSO LIST ALL TEN WHISTLEBLOWERS SECTION 2. . . WHISTLEBLOWERS
- Slides: 18