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MBA 6301, Business Ethics 1

Course Learning Outcomes for Unit VIII Upon completion of this unit, students should be able to:

7. Evaluate the need for ethical standards, codes of ethics, and practices in business. 7.1 Explain what it means to maintain an ethical culture within an organization.

8. Assess the auditing process for adherence to ethical practices.

8.1 Identify methods to ensure adherence to ethical practices.

9. Analyze the role that culture plays in global business ethics.

Reading Assignment In order to access the following resource(s), click the link(s) below: Pitt, V. (2015, March 6). Sugaring the pill. Legal Week, 12-14. Retrieved from

https://libraryresources.columbiasouthern.edu/login?url=http://search.proquest.com.libraryresources.c olumbiasouthern.edu/docview/1662390832?accountid=33337

Yazdani, N., & Murad, H. S. (2015, March). Toward an ethical theory of organizing. Journal of Business

Ethics, 127(2), 399-417. Retrieved from https://libraryresources.columbiasouthern.edu/login?url=http://search.proquest.com.libraryresources.c olumbiasouthern.edu/docview/1660605122?accountid=33337

Young, S. B. (2015, April 1). Minnesota businesses: Why not try to do better? Saint Paul Legal Ledger.

Retrieved from https://libraryresources.columbiasouthern.edu/login?url=http://search.proquest.com.libraryresources.c olumbiasouthern.edu/docview/1670019331?accountid=33337

Unit Lesson Throughout this course, we have used famous films, cartoons, and television series to demonstrate ethical practices and their importance within an organization. Although the use of these examples is sometimes extreme, they clearly demonstrated some questionable ethical practices. In the case of The Godfather, the pressures associated with financial dealings dramatically demonstrated such issues. In other cases, we use comedy, as in the case of the Andy Griffith Show and M*A*S*H, which focused on the legal aspects and the development of relationships. Generally speaking, companies drive practicing ethical behavior. After all, character matters in personal/social settings, and it also matters in organizations. Salesforce.com, which has donated millions of dollars toward education grants and technology and other non-profit ventures, is an example of a company that has held itself to a high standard of ethics. Starbucks also demonstrates good ethics with its initiatives as an environmentally conscious company. Goldman Sachs has voiced its support of marriage equality, and Ultimate Software reigns supreme with its treatment of its employees with a 100% paid health plan and an even match on their 401K. Patagonia started its 1% pledge in 1985, which states it will donate 1% of its sales to help save the environment. Microsoft donates over $1 billion annually to charities and non-profit organizations. Google has even extended itself to abide by the motto “Don’t be evil” through regular donations to sustainable energy initiatives, such as renewable energy projects. Google also provides its employees with free health care, free legal advice, a fully-stocked snack pantry, on-site cafeteria, and on-site nursery.

UNIT VIII STUDY GUIDE

Modern Day Ethics in Business

MBA 6301, Business Ethics 2

UNIT x STUDY GUIDE

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Although many organizations simply cannot afford this model of business ethics, it certainly represents something for businesses to strive for. At the end of the day, good ethics equals good business! Click here to view an interactive presentation that covers the key concepts covered in Unit VIII. Click here to access the Unit VIII Presentation transcript.

Suggested Reading Please read the resources below to learn more about social responsibility and some of the companies that are excelling in this area. Business ethics and social responsibility. (2015). Retrieved from http://managementhelp.org/businessethics/ Business Ethics. (2015). The magazine of corporate responsibility. Retrieved from http://business-ethics.com/ Ethisphere announces the world’s most ethical companies. (2015). Retrieved from

http://ethisphere.com/ethisphere-announces-the-2015-worlds-most-ethical-companies/ Shields, A. (2013, February 16). Good business: 10 companies with ethical corporate policies. Retrieved from

http://www.minyanville.com/sectors/consumer/articles/Good-Business253A-Corporations-with-Great- Ethical/2/16/2013/id/48045