The handout gives the students the information they need to make their judgments. Using the Puffery quiz as a handout, ask them to evaluate the advertising statements on the quiz as to whether a they are puffery or a real claim and b whether or not they are deceptive. Part 2: Business Ownership and Entrepreneurship 4. Undue hardship can be claimed if the accommodation interferes with legitimate business interests. In the beginning, many firms pledged to recruit and hire a certain number of minority members by a specific date. Rather than operate three shifts around the clock, PortionPac arranges family-friendly work schedules that allow managers and employees to balance their personal and professional obligations. By providing a brief survey of the major functional areas of business, including management, marketing, accounting, finance, economics, and information.
You could also use the list as a contest, with total points awarded based on current student activity. Description This is completed downloadable of Foundations of Business 5th Edition by William M. A group of people who have been singled out for unfavorable treatment on the basis of race, re- ligion, politics, or national origin is called a. Any executive who retaliates against a whistle-blower can be held criminally liable and imprisoned for up to ten years. T F Consumers will probably pay in large part for cleaning up our environment through increased taxes or increased product cost.
With commercial customers in mind, Weisberg tested and developed concentrated cleaning formulas that did away with grease and dirt in offices, kitchens, and bathrooms without endangering people or the planet. He and Klein prepared small packages of concentrate to be mixed with water for full-strength cleaning in elementary schools, companies, factories, and correctional facilities. American business firms must be concerned about product safety for several reasons. A code of ethics is a written guide to ac- ceptable and ethical behavior as defined by an organization that outlines uniform policies, standards, and punishments for violations. By helping resolve social issues, business can create a more stable environment for long-term profitability. Be prepared to defend your point of view.
Why should business take on the task of training the hard-core unemployed? Customers lose trust in this type of organization and sometimes seek other sellers. You might ask students if they know of instances in their own jobs where organiza- tional relationships have had a negative or positive effect on ethical decision making. The Basic Rights of Consumers. Responsible managers have instituted several programs to counteract the results of discrimination. What are some of the issues businesses must consider with regard to public health? The program has done more than 55,000 loads of laundry. In this context, we define business ethics and discuss the major factors believed to influence the level of ethical behavior in an organization. The information on the provided link can be given to students ahead of time.
Your company is about to release a very large shipment of products. Individual Knowledge of an Issue. Remember, this section is a summary; more detailed information is provided in the remainder of your business plan. What role would top management, superiors, and peers play in your deci- sion on accepting these gifts? Who should prepare a social audit for the firm? Top executives should develop a policy statement that outlines key areas of concern. Another environmental issue is pollution, which is the contamina- tion of water, air, or land through the actions of people in an industrialized society.
For several decades, environmentalists have been warning us about the dangers of industrial pollution. How can an employee take an ethical stand regarding a business decision when his or her superior already has taken a different position? A social audit is a comprehensive report of what an organization has done and is doing with regard to social issues that affect it. If customers buy too much, they may use too much and put their staff or the environment at risk, not to mention spending more than they should. T F Government intervention into business increased after the Great Depression of the 1930s. In addition to creating formal policies that define and prohibit unacceptable abusive conduct, companies should strive to create an anti-bullying organizational culture by modeling good behavior and sending a strong message that improper conduct will be punished. Describe the major types of pollution, their causes, and their cures.
Before class, prepare copies for everyone in the class. The collapse of the stock market on October 29, 1929, triggered the Great Depres- sion and years of economic problems for the United States. T F Consumerism consists of all activities undertaken to protect the rights of consumers. These massive federal programs became the foundation for increased government involvement in the dealings between business and society. The steps are as follows: Commitment of top executives. Truly understand what you're learning—and have more fun doing it. The social audit is a comprehensive report of what an organization has done, and is doing, with regard to social issues that affect it.
Businesspeople must obey all laws and regulations as well as refrain from knowingly deceiving, misrepresenting, or intimidating others. In that sense, it is certainly deceptive. However, simply having a policy or code will be ineffective if top management and superiors do not support and enforce it. How do we know if we get there? In some cases, you may also require a course code from your Instructor. Major issues that businesses must consider with regard to public health include the marketing of unhealthy food products, the marketing of dangerous products such as tobacco, whether to label products as containing genetically modified organisms, questionable claims of the health benefits of supplements and ingredients, how and where to provide affordable housing for the homeless, and others. Explain several social factors that affect ethics in an organization.
Consumer safety would be an especially important consideration in the manufacture and sale of a product such as a hedge trimmer. In 1975, President Ford added the right to consumer education, which entitles people to be fully informed about their rights as consumers. During the first quarter of the twentieth century, businesses were free to operate pretty much as they chose. See Table 2-1 for general guidelines for making ethical decisions. Although this is an important issue for society, over the years this oppor- tunity has been denied to members of various minority groups.