LEB 320F Foundations of Business Law and Ethics
LEB 320F Foundations of Business Law and Ethics LEB 320F
Popular in Foundations of Business Law & Ethics
Popular in Business
This 2 page Class Notes was uploaded by Mrinalini Vijalapuran on Saturday January 23, 2016. The Class Notes belongs to LEB 320F at University of Texas at Austin taught by Bradley Gold in Summer 2015. Since its upload, it has received 143 views. For similar materials see Foundations of Business Law & Ethics in Business at University of Texas at Austin.
Reviews for LEB 320F Foundations of Business Law and Ethics
What an unbelievable resource! I probably needed course on how to decipher my own handwriting, but not anymore...
Report this Material
What is Karma?
Karma is the currency of StudySoup.
You can buy or earn more Karma at anytime and redeem it for class notes, study guides, flashcards, and more!
Date Created: 01/23/16
LEB320F Class 1 Homework: Reading chapter 36, watch video "In it to win: The Jack Abramoff Story" Shared Ethics Represented by the Moral Minimum 1 Honesty 2 Transparency 3 Doing no harm 4 Keeping your commitments Something we can ALL agree on regardless of other ideologies This is where we want to be while dealing with business and ethical issues Need facts and information Personal Ethics Ethical positions and beliefs that we create as a result of our personal background, ethnicity, race, socioecoonmical background, religion, life experiences. Not the best place to be to deal with business and ethical issues We do not allow our personal ideologies to declare whether something is ethical One a Day Mens Vitacraves Gummies Whether or not you like taking gummies is a Personal Ethics issue, it does not help anyone, not a proper analysis of the product Have to evaluate this product using Shared Ethics From standpoint of the Moral Minimum need to look at facts and information, can look at nutritional information Could be legal and unethical Four Boxes 1 Transaction is both legal and ethical 2 Something is completely unethical and also illegal 3 Something is legal but unethical 4 Something is illegal but ethical Like babysitting and not paying taxes Why are we starting with ethics first? 1 Introduction to identifying, analyzing and solving a business problem 2 Usually ethics and law follow each other 3 Law and ethics both represent societies expression of its most basic values 4 Good business ethics will act as a sword and a shield. Can help defensively protect your business from anyone who wants to harm it *Our moral compasses are not set at this point* Vocab Terms: Moral Relativism: comparing and contrasting different moral constructs, "when in Rome do as the romans do", morals and ethics may change depending on where you are Moral Pluralism: focuses on what is SHARED amongst different ethical perspectives, what we can all agree on, the Moral Minimum
Are you sure you want to buy this material for
You're already Subscribed!
Looks like you've already subscribed to StudySoup, you won't need to purchase another subscription to get this material. To access this material simply click 'View Full Document'