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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... perfectly competitive market . The fact is that the model of perfect competition is a theoretical construct of the ... competitive as possible . Ethics and Perfectly Competitive Markets As we have seen , perfectly competitive free ...
... competitive markets also maximize the utility of buyers and sellers by leading them to allocate , use , and distribute their goods with perfect efficiency . To understand this aspect of perfectly competitive mar- kets , we must consider ...
... perfectly competitive markets establish capitalist justice and maximize utility in a way that respects buyers ' and sellers ' negative rights . First , in a perfectly competitive market , buyers and sellers are free ( by definition ) to ...
CASES FOR DISCUSSION
Ethical Principles in Business
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