Business Ethics: Concepts & Cases
Pearson Prentice Hall, 2006 - 437 pages
For courses in Business Ethics
This popular text on Business Ethics introduces the reader to the ethical concepts that are relevant to resolving moral issues in business; imparts the reasoning and anaytical skills needed to apply ethical concepts to business decisions; identifies moral issues specific to a business; provides an understanding of the social, technological, and natural environments within which moral issues in business arise; and supplies case studies of actual moral conflicts faced by businesses.
The ethical landscape of business is constantly changing and this edition has been revised to keep pace with those changes most effecting business: accelerating globalization, constant technological updates, proliferating of business scandals.
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Concepts & Cases Manuel G. Velasquez. principle of increasing marginal costs After a certain point , each additional item a seller produces costs more to produce than earlier items . At first sight , it may seem odd that producers or ...
Concepts & Cases Manuel G. Velasquez. private cost The cost an individual or company must pay out of its own pocket to engage in a particular economic activity . social cost The private internal costs and the wider external costs of ...
... costs by the producer , who takes them into account when determining the price of goods . Pollution , then , imposes external costs , and this in turn means that the private costs of production are less than the social costs . As a ...
CASES FOR DISCUSSION
Ethical Principles in Business
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