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Business Ethics

Ethical conduct is more of an imperative business practice than just a moral obligation. Build a better business with ethical practices and implications.

(BUS-ETHICS.AS1) / ISBN : 978-1-64459-484-1
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About This Course

Our Business Ethics training course has been thoughtfully designed for leaders to help them achieve organizational goals with ethical measures. You’ll be exploring the foundations of business ethics, social responsibility, temporal ethical changes, addressing evolving issues, and more. 

Develop skills to navigate complex dilemmas, inspire trust, and shape a brighter future for your organization. Become a thoughtful leader!

Skills You’ll Get

  • Identify and analyze complex ethical issues in the business context
  • Make informed decision and ethical choices considering organizational goals
  • Inspire ethical behavior and build trust with honest communication
  • Create a positive impact and ethical work environment for everyone
  • Awareness of Corporate Social Responsibility (SCR): importance and impact
  • Implement sustainable business practices to minimize environmental changes
  • Analyze complex ethical issues and develop innovative solutions
  • Articulate ethical responsibilities and inspire everyone to adopt the path
Download Course Outline

1

Preface

  • About OpenStax
  • About OpenStax resources
  • About Business Ethics
2

Why Ethics Matter

  • Being a Professional of Integrity
  • Ethics and Profitability
  • Multiple versus Single Ethical Standards
  • Summary
  • Assessment Questions
3

Ethics from Antiquity to the Present

  • The Concept of Ethical Business in Ancient Athens
  • Ethical Advice for Nobles and Civil Servants in Ancient China
  • Comparing the Virtue Ethics of East and West
  • Utilitarianism: The Greatest Good for the Greatest Number
  • Deontology: Ethics as Duty
  • A Theory of Justice
  • Summary
  • Assessment Questions
4

Defining and Prioritizing Stakeholders

  • Adopting a Stakeholder Orientation
  • Weighing Stakeholder Claims
  • Ethical Decision-Making and Prioritizing Stakeholders
  • Corporate Social Responsibility (CSR)
  • Summary
  • Assessment Questions
5

Three Special Stakeholders: Society, the Environment, and Government

  • Corporate Law and Corporate Responsibility
  • Sustainability: Business and the Environment
  • Government and the Private Sector
  • Summary
  • Assessment Questions
6

The Impact of Culture and Time on Business Ethics

  • The Relationship between Business Ethics and Culture
  • Business Ethics over Time
  • The Influence of Geography and Religion
  • Are the Values Central to Business Ethics Universal?
  • Summary
  • Assessment Questions
7

What Employers Owe Employees

  • The Workplace Environment and Working Conditions
  • What Constitutes a Fair Wage?
  • An Organized Workforce
  • Privacy in the Workplace
  • Summary
  • Assessment Questions
8

What Employees Owe Employers

  • Loyalty to the Company
  • Loyalty to the Brand and to Customers
  • Contributing to a Positive Work Atmosphere
  • Financial Integrity
  • Criticism of the Company and Whistleblowing
  • Summary
  • Assessment Questions
9

Recognizing and Respecting the Rights of All

  • Diversity and Inclusion in the Workforce
  • Accommodating Different Abilities and Faiths
  • Sexual Identification and Orientation
  • Income Inequalities
  • Animal Rights and the Implications for Business
  • Summary
  • Assessment Questions
10

Professions under the Microscope

  • Entrepreneurship and Start-Up Culture
  • The Influence of Advertising
  • The Insurance Industry
  • Ethical Issues in the Provision of Health Care
  • Summary
  • Assessment Questions
11

Changing Work Environments and Future Trends

  • More Telecommuting or Less?
  • Workplace Campuses
  • Alternatives to Traditional Patterns of Work
  • Robotics, Artificial Intelligence, and the Workplace of the Future
  • Summary
  • Assessment Questions
12

Epilogue: Why Ethics Still Matter

  • Business Ethics in an Evolving Environment
  • Committing to an Ethical View
  • Becoming an Ethical Professional
  • Making a Difference in the Business World
A

Appendix A: The Lives of Ethical Philosophers

  • The Ethics of Aristotle: Virtue Theory
  • The Ethics of Bentham and Mill: Utilitarianism
  • The Ethics of Kant: Deontology
  • The Ethics of John Rawls: Justice Theory
B

Appendix B: Profiles in Business Ethics: Contemporary Thought Leaders

  • Dan Bane, chairman and chief executive officer of Trader Joe’s
  • Mary T. Barra, chairman and CEO of General Motors
  • Marc Benioff, chairman, CEO, and founder of Salesforce
  • John C. (Jack) Bogle, founder of The Vanguard Group
  • Yvon Chouinard, founder, and Rose Marcario, CEO and president of Patagonia Works
  • Tony Hsieh, CEO of Zappos
  • Kim Jordan, CEO of New Belgium Brewing Company
  • Indra Nooyi, chairman and CEO of PepsiCo
  • Jostein Solheim, CEO of Ben & Jerry’s
C

Appendix C: A Succinct Theory of Business Ethics

  • The Nature of Business Ethics
  • The Nature of the Ethical Business Leader

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  Discover more about our Business Ethics course and Corporate Social Responsibility (CSR). 

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When your business behavior is more inclined towards ethics, and not just profit making, it is known as business ethics. In simpler words, it’s about doing what is right rather than focusing on profitability.

It is important because it helps you build a better, more reliable business. With the right strategies, your business will earn customer loyalty, foster strong relationships, and have several other long term benefits for society, and the environment.

Business ethics isn’t just a need, it is a necessity. Studying this course will impact your personal and professional life. You’ll be more prepared to navigate the challenges and make a lasting impression.

Learning online is both flexible and easily accessible. With uCertiy’s online learning platform, you can engage in our diverse learning materials, such as videos, quizzes, discussion forums, and more. Most importantly, you can have a work-life-study balance.

It helps you develop skills for running your business ethically, do promotions, and increase your business’ earning potential. For those who are not into running a business, it opens doors to new job opportunities in leadership roles.

Both are very closely related, with menial differences. Business Ethics refers to the moral or ethical principles whereas Corporate Social Responsibility (CSR) is measured by the company's commitment to sustainability.

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