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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... demand for goods and services is the sum of the demand of three sectors of the economy : households , businesses , and government . The aggregate demand of these three sectors may be less than the aggregate amounts of goods and services ...
... demand curve slopes downward to the right because the principle of diminishing marginal utility ensures that the price consumers are willing to pay for goods diminishes as the quantity they buy increases . The demand curve thus ...
... demand is high and to move resources away from industries where consumer demand is low . Resources will be attracted into markets where high consumer demand creates shortages that raise prices above equilibrium , and they will flee ...
Ethical Principles in Business
CASES FOR DISCUSSION
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