Chapter 2- Business Ethics and Social Responsibility

Week -1

Each student should have the understanding and the knowledge of the following:

1) Explain the concepts of business ethics and social responsibility.
2) Describe the factors that influence business ethics.
3) List the stages in the development of ethical standards.
4) Identify common ethical dilemmas in the workplace.
5) Discuss how organizations shape ethical behavior.
6) Describe how businesses' social responsibility is measured.
7) Summarize the responsibilities of business to the general public, customers, and employees.
8) Explain why investors and the financial community are concerned with business ethics and social responsibility.

(from Contemporary Business 2009 Update, Boone&Kurtz)