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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... profits , they actually do not try to make monopoly profits.17 Of course , it is conceivable that the managers of a monopoly firm may be motivated by altruism to forgo potential profits and fix their prices at a low equilibrium level ...
... profits ( i.e. , profits well beyond the average rate of profits in other industries ) are charac- teristic of the pharmaceutical industry . In a study pub- lished in 2003 ( see www ... Profits ON THE EDGE: Drug Company Monopolies and Profit.
... profits they enable the monopolist to reap— a failure that violates capitalist justice . Why do the high prices and profits of the mo- nopolist violate capitalist justice ? Capitalist justice says that what each person receives should ...
CASES FOR DISCUSSION
Ethical Principles in Business
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