{"product_id":"this-is-business-ethics-isbn-9781119055044","title":"This is Business Ethics","description":"\u003cp\u003e\u003cb\u003eTake a seat in the boardroom. What will you decide?\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCorporations make difficult decisions about the right thing to do every day, but as an organization made up of people with different perspectives and values, how can a business behave ethically? \u003ci\u003eThis is Business Ethics\u003c\/i\u003e offers a dynamic and engaging introduction to the study of corporate morality.\u003cbr\u003e\u003cbr\u003e\u003c\/p\u003e \u003cul\u003e \u003cli\u003eOffers real-world practical advice for navigating ethical dilemmas in business, developed and explained through illustrative high-profile case studies like the Ford Pinto case, Enron, Walmart and British Petroleum.\u003c\/li\u003e \u003c\/ul\u003e \u003cul\u003e \u003cli\u003eExplores how ethical theory informs business policy and practice.\u003c\/li\u003e \u003c\/ul\u003e \u003cul\u003e \u003cli\u003ePresents unresolved contemporary case studies for consideration, inviting readers to participate in the decision-making and offer their own recommendations.\u003c\/li\u003e \u003c\/ul\u003e \u003cul\u003e \u003cli\u003eThe latest in the This is Philosophy series, \u003ci\u003eThis is Business Ethics\u003c\/i\u003e features supplemental online resources for instructors and students at  \u003ca href=\"https:\/\/www.wiley.com\/en-us\/thisisphilosophy\/thisisbusinessethicsanintroduction\"\u003ehttps:\/\/www.wiley.com\/enus\/thisisphilosophy\/thisisbusinessethicsanintroduction\u003c\/a\u003e\n\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003e \u003c\/p\u003e \u003cp\u003ePreface xii\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart I Problems in Business Ethics 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003e1 Ethics: Doing the Right Thing 3\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction to Ethics 3\u003c\/p\u003e \u003cp\u003eWhat are ethical questions 3\u003c\/p\u003e \u003cp\u003eHow to answer ethical questions 4\u003c\/p\u003e \u003cp\u003eIntroductory Case Studies 5\u003c\/p\u003e \u003cp\u003eSam and the substandard notes 5\u003c\/p\u003e \u003cp\u003eCasey and the overly‐demanding internship 6\u003c\/p\u003e \u003cp\u003eTatiana and the fair distribution of chores 7\u003c\/p\u003e \u003cp\u003eAlex and the too‐easy‐to‐cheat course 8\u003c\/p\u003e \u003cp\u003eEvaluating the Case Studies 9\u003c\/p\u003e \u003cp\u003eNon‐ethical guidelines for thinking about the cases 9\u003c\/p\u003e \u003cp\u003eEthical guidelines for thinking about the cases 11\u003c\/p\u003e \u003cp\u003eLimitations of ethical evaluation: the problem of controversy 12\u003c\/p\u003e \u003cp\u003eReference 13\u003c\/p\u003e \u003cp\u003e\u003cb\u003e2 Business: Maximizing Profit 14\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTheory of the Firm 14\u003c\/p\u003e \u003cp\u003eFirm organization 15\u003c\/p\u003e \u003cp\u003eWhy the firm exists at all 16\u003c\/p\u003e \u003cp\u003eProblems for firm organization 17\u003c\/p\u003e \u003cp\u003eBusiness Decision‐Making: Shareholders and Cost‐Benefit Analysis 17\u003c\/p\u003e \u003cp\u003eThe Dominant Model 19\u003c\/p\u003e \u003cp\u003eShareholder Theory 22\u003c\/p\u003e \u003cp\u003eCost‐benefit analysis 25\u003c\/p\u003e \u003cp\u003eBusiness in Society: Consumers, Employees, and Community 27\u003c\/p\u003e \u003cp\u003eReferences and Further Reading 31\u003c\/p\u003e \u003cp\u003e\u003cb\u003e3 Classic Business Ethics Dilemmas: When Doing the Right Thing Does Not Maximize Profits 32\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDoing Right by Consumers: The Ford Pinto Case 33\u003c\/p\u003e \u003cp\u003eDoing Right by Employees: The Walmart Case 38\u003c\/p\u003e \u003cp\u003eDoing Right by the Community: The B.P. Case 40\u003c\/p\u003e \u003cp\u003eDoing Right by Shareholders: The Enron Case 42\u003c\/p\u003e \u003cp\u003eReferences and Further Reading 46\u003c\/p\u003e \u003cp\u003eCase Cited 46\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart II Tools to Solve Business Ethics Dilemmas 47\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003e4 Ethical Theories 49\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Three Major Ethical Theories 51\u003c\/p\u003e \u003cp\u003eUtility‐based ethics 52\u003c\/p\u003e \u003cp\u003eKant’s duty‐based ethics 61\u003c\/p\u003e \u003cp\u003eAristotle’s virtue‐based ethics 67\u003c\/p\u003e \u003cp\u003eOther Bases for Ethics 72\u003c\/p\u003e \u003cp\u003eNatural law theory 72\u003c\/p\u003e \u003cp\u003eContract theory 73\u003c\/p\u003e \u003cp\u003eEthics of care 74\u003c\/p\u003e \u003cp\u003eFeminist ethics 75\u003c\/p\u003e \u003cp\u003eReferences and Further Reading 76\u003c\/p\u003e \u003cp\u003e\u003cb\u003e5 Theories of Corporate Personhood 77\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBusinesses as Ethical Persons 78\u003c\/p\u003e \u003cp\u003eBusinesses as Bureaucracies 83\u003c\/p\u003e \u003cp\u003eBusinesses as Collective Persons 87\u003c\/p\u003e \u003cp\u003eReferences and Further Reading 91\u003c\/p\u003e \u003cp\u003e\u003cb\u003e6 Theories of Political Economy 92\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePrivate Property 95\u003c\/p\u003e \u003cp\u003eThe justification of private property 96\u003c\/p\u003e \u003cp\u003eDistributive justice 106\u003c\/p\u003e \u003cp\u003eThe Division of Labor 112\u003c\/p\u003e \u003cp\u003eSmith’s productivity‐based defense of the division 112\u003c\/p\u003e \u003cp\u003eMarx’s alienation‐based criticism of the division 115\u003c\/p\u003e \u003cp\u003eReferences and Further Reading 118\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart III Contemporary Case Studies 119\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003e7 Business Ethics in Employment 121\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eEmployment at Will: The Bechtel Case 121\u003c\/p\u003e \u003cp\u003eBechtel’s corporate identity 122\u003c\/p\u003e \u003cp\u003eFacts of the case 122\u003c\/p\u003e \u003cp\u003eWhat happened 124\u003c\/p\u003e \u003cp\u003eHistorical significance 124\u003c\/p\u003e \u003cp\u003eEthical significance: conditions of employment 125\u003c\/p\u003e \u003cp\u003eExecutive Compensation: The A.I.G. Case 130\u003c\/p\u003e \u003cp\u003eA.I.G.’s corporate identity 131\u003c\/p\u003e \u003cp\u003eFacts of the case 131\u003c\/p\u003e \u003cp\u003eWhat happened 133\u003c\/p\u003e \u003cp\u003eHistorical significance 133\u003c\/p\u003e \u003cp\u003eEthical significance: executive compensation 134\u003c\/p\u003e \u003cp\u003ePreventing Discrimination and Achieving Diversity: The Google Case 136\u003c\/p\u003e \u003cp\u003eGoogle’s corporate identity 137\u003c\/p\u003e \u003cp\u003eFacts of the case 138\u003c\/p\u003e \u003cp\u003eWhat happened 139\u003c\/p\u003e \u003cp\u003eEthical significance: unconscious bias 141\u003c\/p\u003e \u003cp\u003eWork‐Life Balance: The Amazon Case 143\u003c\/p\u003e \u003cp\u003eAmazon’s corporate identity 144\u003c\/p\u003e \u003cp\u003eFacts of the case 144\u003c\/p\u003e \u003cp\u003eWhat happened 145\u003c\/p\u003e \u003cp\u003eHistorical significance 146\u003c\/p\u003e \u003cp\u003eEthical significance: work‐life balance 146\u003c\/p\u003e \u003cp\u003eReferences and Further Reading 147\u003c\/p\u003e \u003cp\u003eCase Cited 148\u003c\/p\u003e \u003cp\u003e\u003cb\u003e8 Business Ethics in Advertising 149\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eManipulative Advertising: The Four Loko Case 149\u003c\/p\u003e \u003cp\u003ePhusion Projects’ corporate identity 150\u003c\/p\u003e \u003cp\u003eFacts of the case 150\u003c\/p\u003e \u003cp\u003eWhat happened 151\u003c\/p\u003e \u003cp\u003eHistorical significance 152\u003c\/p\u003e \u003cp\u003eEthical significance: manipulative advertising 152\u003c\/p\u003e \u003cp\u003eTargeted Advertising: The Facebook Case 155\u003c\/p\u003e \u003cp\u003eFacebook’s corporate identity 156\u003c\/p\u003e \u003cp\u003eFacts of the case 156\u003c\/p\u003e \u003cp\u003eWhat happened 157\u003c\/p\u003e \u003cp\u003eHistorical significance 157\u003c\/p\u003e \u003cp\u003eEthical significance: targeted advertising 158\u003c\/p\u003e \u003cp\u003eThe Dependence Effect: The Lipitor Case 158\u003c\/p\u003e \u003cp\u003ePfizer’s corporate identity 159\u003c\/p\u003e \u003cp\u003eFacts of the case 159\u003c\/p\u003e \u003cp\u003eWhat happened 160\u003c\/p\u003e \u003cp\u003eHistorical significance 160\u003c\/p\u003e \u003cp\u003eEthical significance: the dependence effect 161\u003c\/p\u003e \u003cp\u003eDiscriminatory Advertising: The Abercrombie \u0026amp; Fitch Case 161\u003c\/p\u003e \u003cp\u003eAbercrombie \u0026amp; Fitch’s corporate identity 162\u003c\/p\u003e \u003cp\u003eFacts of the case 163\u003c\/p\u003e \u003cp\u003eWhat happened 163\u003c\/p\u003e \u003cp\u003eHistorical significance 164\u003c\/p\u003e \u003cp\u003eEthical significance: discriminatory advertising 164\u003c\/p\u003e \u003cp\u003eReferences and Further Reading 165\u003c\/p\u003e \u003cp\u003e\u003cb\u003e9 Business Ethics in the Financial Sector 167\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePredatory Lending: The Countrywide Financial Case 167\u003c\/p\u003e \u003cp\u003eCountrywide Financial’s corporate identity 168\u003c\/p\u003e \u003cp\u003eFacts of the case 168\u003c\/p\u003e \u003cp\u003eWhat happened 170\u003c\/p\u003e \u003cp\u003eHistorical significance 171\u003c\/p\u003e \u003cp\u003eEthical significance: predatory lending 171\u003c\/p\u003e \u003cp\u003eInvestment Risk: The Lehman Brothers Case 172\u003c\/p\u003e \u003cp\u003eLehman Brothers’ corporate identity 173\u003c\/p\u003e \u003cp\u003eFacts of the case 175\u003c\/p\u003e \u003cp\u003eWhat happened 176\u003c\/p\u003e \u003cp\u003eHistorical significance 176\u003c\/p\u003e \u003cp\u003eEthical significance: investment risk 176\u003c\/p\u003e \u003cp\u003eShort Selling: The Herbalife Case 178\u003c\/p\u003e \u003cp\u003eHerbalife’s corporate identity 179\u003c\/p\u003e \u003cp\u003ePershing Square Capital Management’s corporate identity 179\u003c\/p\u003e \u003cp\u003eFacts of the case 180\u003c\/p\u003e \u003cp\u003eWhat happened 181\u003c\/p\u003e \u003cp\u003eHistorical significance 182\u003c\/p\u003e \u003cp\u003eEthical significance: short selling 182\u003c\/p\u003e \u003cp\u003eInsider Trading: The Nomura Case 184\u003c\/p\u003e \u003cp\u003eNomura’s corporate identity 184\u003c\/p\u003e \u003cp\u003eFacts of the case 185\u003c\/p\u003e \u003cp\u003eWhat happened 186\u003c\/p\u003e \u003cp\u003eHistorical significance 186\u003c\/p\u003e \u003cp\u003eEthical significance: insider trading 186\u003c\/p\u003e \u003cp\u003eReferences and Further Reading 187\u003c\/p\u003e \u003cp\u003e\u003cb\u003e10 Business Ethics in the Environment 190\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWater Supply: The Coca‐Cola India Case 190\u003c\/p\u003e \u003cp\u003eCoca‐Cola India’s corporate identity 191\u003c\/p\u003e \u003cp\u003eFacts of the case 191\u003c\/p\u003e \u003cp\u003eWhat happened 192\u003c\/p\u003e \u003cp\u003eHistorical significance 193\u003c\/p\u003e \u003cp\u003eEthical significance: tragedy of the commons 193\u003c\/p\u003e \u003cp\u003eIndigenous Populations: The TransCanada Case 194\u003c\/p\u003e \u003cp\u003eTransCanada’s corporate identity 194\u003c\/p\u003e \u003cp\u003eFacts of the case 195\u003c\/p\u003e \u003cp\u003eWhat happened 196\u003c\/p\u003e \u003cp\u003eHistorical significance 196\u003c\/p\u003e \u003cp\u003eEthical significance: indigenous populations 197\u003c\/p\u003e \u003cp\u003eFood Supply: The FieldScripts Case 198\u003c\/p\u003e \u003cp\u003eMonsanto’s corporate identity 199\u003c\/p\u003e \u003cp\u003eFacts of the case 199\u003c\/p\u003e \u003cp\u003eWhat happened 201\u003c\/p\u003e \u003cp\u003eHistorical significance 202\u003c\/p\u003e \u003cp\u003eEthical significance: data privacy and trust in business 202\u003c\/p\u003e \u003cp\u003eEmissions: The VW Case 203\u003c\/p\u003e \u003cp\u003eVW’s corporate identity 204\u003c\/p\u003e \u003cp\u003eFacts of the case 205\u003c\/p\u003e \u003cp\u003eWhat happened 206\u003c\/p\u003e \u003cp\u003eHistorical significance 207\u003c\/p\u003e \u003cp\u003eEthical significance: emissions 207\u003c\/p\u003e \u003cp\u003eReferences and Further Reading 208\u003c\/p\u003e \u003cp\u003e\u003cb\u003e11 Business Ethics in Globalization 210\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eObtaining Raw Materials: The GlaxoSmithKline Case 210\u003c\/p\u003e \u003cp\u003eGlaxoSmithKline’s corporate identity 211\u003c\/p\u003e \u003cp\u003eFacts of the case 211\u003c\/p\u003e \u003cp\u003eWhat happened 213\u003c\/p\u003e \u003cp\u003eHistorical significance 214\u003c\/p\u003e \u003cp\u003eEthical significance: raw materials 214\u003c\/p\u003e \u003cp\u003eChild Labor: The Victoria’s Secret Case 214\u003c\/p\u003e \u003cp\u003eVictoria’s Secret’s corporate identity 215\u003c\/p\u003e \u003cp\u003eFacts of the case 215\u003c\/p\u003e \u003cp\u003eWhat happened 217\u003c\/p\u003e \u003cp\u003eHistorical significance 217\u003c\/p\u003e \u003cp\u003eEthical significance: child labor 218\u003c\/p\u003e \u003cp\u003eDifferent Cultures: The Yahoo! Case 218\u003c\/p\u003e \u003cp\u003eYahoo’s corporate identity 219\u003c\/p\u003e \u003cp\u003eFacts of the case 219\u003c\/p\u003e \u003cp\u003eWhat happened 220\u003c\/p\u003e \u003cp\u003eHistorical significance 221\u003c\/p\u003e \u003cp\u003eEthical significance: repressive political regimes 221\u003c\/p\u003e \u003cp\u003eDoing Business with Corrupt Regimes: The IKEA Case 222\u003c\/p\u003e \u003cp\u003eIKEA’s corporate identity 222\u003c\/p\u003e \u003cp\u003eFacts of the case 223\u003c\/p\u003e \u003cp\u003eWhat happened 223\u003c\/p\u003e \u003cp\u003eHistorical significance 224\u003c\/p\u003e \u003cp\u003eEthical significance: bribery 224\u003c\/p\u003e \u003cp\u003eReferences and Further Reading 225\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart IV The Future of Business Ethics 229\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003e12 Predicting and Preventing Future Business Ethics Scandals 231\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eResolving Conflicts in Ethics 232\u003c\/p\u003e \u003cp\u003eWhat kind of a person do you want to be 234\u003c\/p\u003e \u003cp\u003eWhat kind of world do you want to live in 238\u003c\/p\u003e \u003cp\u003eLooking for and Understanding New Cases 240\u003c\/p\u003e \u003cp\u003ePatterns of wrongdoing 240\u003c\/p\u003e \u003cp\u003eKey values for business 244\u003c\/p\u003e \u003cp\u003eTechnology and the Future of Business Ethics 245\u003c\/p\u003e \u003cp\u003eIndex 247\u003c\/p\u003e    \u003cp\u003e\u003cb\u003eTOBEY SCHARDING\u003c\/b\u003e is Visiting Assistant Professor at Rutgers Business School and Assistant Professor of Philosophy at the Bloomsburg University of Pennsylvania. She specializes in business ethics and finance ethics, with a focus on issues concerning risk and uncertainty. Her articles have appeared in leading academic journals such as \u003ci\u003eBusiness Ethics Quarterly, Public Affairs Quarterly\u003c\/i\u003e, and \u003ci\u003eGeorgetown Journal of Law and Public Policy\u003c\/i\u003e.       \u003c\/p\u003e\u003cp\u003e\u003cb\u003eTAKE A SEAT IN THE BOARDROOM. WHAT WILL YOU DECIDE?\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eCorporations make difficult decisions about the right thing to do every day—often in unclear and complicated circumstances—but as an organization made up of people with different perspectives and values, how can a business behave ethically? \u003ci\u003eThis is Business Ethics\u003c\/i\u003e offers real-world practical advice for navigating ethical dilemmas in business, developed and explained through illustrative high-profile case studies like the Ford Pinto case, Enron, Walmart and British Petroleum. With detailed explanations of the core principles in ethical theory—including virtue ethics, utilitarianism and deontology—as well as theories of political economy and business organization, \u003ci\u003eThis is Business Ethics\u003c\/i\u003e offers a dynamic and engaging introduction to the study of corporate morality. \u003c\/p\u003e\u003cp\u003eDesigned to help both students and professionals bridge the gap between theory and application, this user-friendly guide tackles the common challenges of applying the principles of classical ethics to the business world. Divided into four distinct parts, the volume explores how ethical theory informs the way that proper business policies and practices are decided, and presents unresolved contemporary case studies for consideration, inviting readers to participate in the decision-making and offer their own recommendations. \u003c\/p\u003e\u003cp\u003eThe latest installment in the popular \u003ci\u003eThis is Philosophy\u003c\/i\u003e series, \u003ci\u003eThis is Business Ethics\u003c\/i\u003e is specifically written for newcomers to business ethics and presumes no prior knowledge of the subject, making it an ideal text for undergraduates and a useful resource for business and management professionals.\u003c\/p\u003e","brand":"Wiley-Blackwell","offers":[{"title":"Default Title","offer_id":47990388326629,"sku":"NP9781119055044","price":30.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781119055044.jpg?v=1761787625","url":"https:\/\/k12savings.com\/products\/this-is-business-ethics-isbn-9781119055044","provider":"K12savings","version":"1.0","type":"link"}