Stakeholders

Is cal state fullerton a community college?

Ex. (employees) Going on a strike = burden to the business Pay raise – benefit

∙ Ownership is least important

∙ Stakeholder theory- what you think is important ∙ how can Government benefit your business?

o Subsidize you (stimulus package)

o Low interest loans

∙ Benefit Cal state Fullerton brings to community o Education

o Increasing property value

o More support for local business If you want to learn more check out What is the kelvin scale named after?

 Going to the habit to eat

Laws That Regulate Business

-Adding to laws not taking away

-“Ignorance of the law is no excuse” Don't forget about the age old question of List the groups alphabetically in front of the longest chain name.

Legal “gray areas”

-“Good faith”

What do they say about good intentions?

o Follow through with a promise

o Think your doing the right thing (good intentions) -“Abuse of discretion”

o Judge in a trial (only witness) Don't forget about the age old question of What are the surfaces of the lungs?

∙ “Loophole” to general rule Don't forget about the age old question of What is needed for curiosity and interest to enjoy life for its own sake?

o Speeding and speed limit is 35, officer caught him and  they check the sign, but the sign was not there, it was  fallen, so that’s a loophole, escaping from that.  

∙ Vague language

Duty-based ethics

-Correct thing to do

-Every Religion has set of rules that are both absolute and  based on compassion ex. 10 commandments -> Religion  provides familiarity

-Kant: individual should evaluate his actions in light of  consequences that would follow if everyone acted the same  way

What are the positive points of obe?

o Evaluate punching him in the face (think about if  everyone punched him in the face)

-The right and the wrong is just because

Outcomes-based ethics: the good result not the journey -The end justifies the means, reaching the goal.

-“focus on consequences, not the nature of an action itself or  any moral/ethical rules”

Ex. trying to achieve a goal to getting an A

o Cheat

o Drink a lot of energy drinks

o Hack into my computer

o Bribery (illegal)

∙ No friends, no time, no fun, just studying Don't forget about the age old question of What is the locomotion of phylum porifera?

-Utilitarianism: Ex. Area of payroll, generally your largest  expense in a business, so if you cut back expenses you target  payroll. Ex. cut payroll by 10%, keep everybody but cut  everybody

-greatest good for the greatest number  

Business ethics on a global level If you want to learn more check out What is the meaning of experimenting according to the stage model of relationship development?

-different ethics in different countries/cultures

EX. Discrimination (people of color or non u.s origin, women) EX. Korean Air, women, light skin, thin

EX. Alcohol, 21 and older drink drink drink (legally have that  choice)

∙ Foreign corrupt practices act – American business people  cannot pay a bride to a foreign federal official

o Pay money to expedite government activity, but  cant get something you shouldn’t be getting.q

Stakeholders

Ex. (employees) Going on a strike = burden to the business Pay raise – benefit

∙ Ownership is least important

∙ Stakeholder theory- what you think is important ∙ how can Government benefit your business? o Subsidize you (stimulus package)

o Low interest loans

∙ Benefit Cal state Fullerton brings to community o Education

o Increasing property value

o More support for local business

 Going to the habit to eat

Laws That Regulate Business

-Adding to laws not taking away

-“Ignorance of the law is no excuse”

Legal “gray areas”

-“Good faith”

o Follow through with a promise

o Think your doing the right thing (good intentions) -“Abuse of discretion”

o Judge in a trial (only witness)

∙ “Loophole” to general rule

o Speeding and speed limit is 35, officer caught him  and they check the sign, but the sign was not  there, it was fallen, so that’s a loophole, escaping  from that.  

∙ Vague language

Duty-based ethics

-Correct thing to do

-Every Religion has set of rules that are both absolute  and based on compassion ex. 10 commandments ->  Religion provides familiarity

-Kant: individual should evaluate his actions in light of  consequences that would follow if everyone acted the  same way

o Evaluate punching him in the face (think  

about if everyone punched him in the face)

-The right and the wrong is just because

Outcomes-based ethics: the good result not the journey -The end justifies the means, reaching the goal. -“focus on consequences, not the nature of an action  itself or any moral/ethical rules”

Ex. trying to achieve a goal to getting an A

o Cheat

o Drink a lot of energy drinks

o Hack into my computer

o Bribery (illegal)

∙ No friends, no time, no fun, just studying

-Utilitarianism: Ex. Area of payroll, generally your  largest expense in a business, so if you cut back  expenses you target payroll. Ex. cut payroll by 10%,  keep everybody but cut everybody

-greatest good for the greatest number  

Business ethics on a global level

-different ethics in different countries/cultures

EX. Discrimination (people of color or non u.s origin,  women)

EX. Korean Air, women, light skin, thin

EX. Alcohol, 21 and older drink drink drink (legally have  that choice)

∙ Foreign corrupt practices act – American business  people cannot pay a bride to a foreign federal  official

o Pay money to expedite government activity,  but cant get something you shouldn’t be  

getting.q