Business Ethics, Seventh Edition: A Stakeholder and Issues Management Approach

by Joseph W. Weiss

Overview

The seventh edition of this pragmatic guide to determining right and wrong in the workplace is updated with new case studies, exercises, and ancillary materials.

Joseph Weiss's Business Ethics is a pragmatic, hands-on guide for determining right and wrong in the business world. To be socially responsible and ethical, Weiss maintains, businesses must acknowledge the impact their decisions can have on the world beyond their walls. An advantage of the book is the integration of a stakeholder perspective with an issues and crisis management approach so students can look at how a business's actions affect not just share price and profit but the well-being of employees, customers, suppliers, the local community, the larger society, other nations, and the environment.

Weiss includes twenty-three cases that immerse students directly in contemporary ethical dilemmas. Eight new cases in this edition include Facebook's (mis)use of customer data, the impact of COVID-19 on higher education, the opioid epidemic, the rise of Uber, the rapid growth of AI, safety concerns over the Boeing 737, the Wells Fargo false saving accounts scandal, and plastics being dumped into the ocean.

Several chapters feature a unique point/counterpoint exercise that challenges students to argue both sides of a heated ethical issue. This edition has eleven new point/counterpoint exercises, addressing questions like, Should tech giants be broken apart? What is the line between free speech and dangerous disinformation? Has the Me Too movement gone too far? As with previous editions, the seventh edition features a complete set of ancillary materials for instructors: teaching guides, test banks, and PowerPoint presentations.

Product Details

ISBN-13:	9781523091560
Publisher:	Berrett-Koehler Publishers
Publication date:	11/23/2021
Sold by:	Barnes & Noble
Format:	eBook
Pages:	648
Sales rank:	905,590
File size:	9 MB

About the Author

Joseph W. Weiss is professor of management at Bentley University, where he has received the Innovation in Teaching award. He is on the honor roll of the Organizational Behavior Teaching Society and is a Fulbright Program specialist, past chair of the Academy of Management’s Management Consulting Division, and current cochair of the Hawaii International Conference on System Sciences IT/Project Management track. He is the author of five books and many journal articles and has consulted with Fortune 500 firms, government agencies, and start-up companies.

Table of Contents

Chapter 1
Business Ethics, the Changing Environment, and Stakeholder Management
1.1 Business Ethics and the Changing Environment
1.2 What Is Business Ethics? Why Does It Matter?
1.3 Levels of Business Ethics
1.4 Five Myths about Business Ethics
1.5 Why Use Ethical Reasoning in Business?
1.6 Can Business Ethics Be Taught?
1.7 Plan of the Book
Chapter 2
Ethical Principles, Quick Tests, and Decision-Making Guidelines
2.1 Ethical Reasoning and Moral Decision Making
2.2 Ethical Principles and Decision Making
2.3 Four Social Responsibility Roles
2.4 Levels of Ethical Reasoning and Moral Decision Making
2.5 Identifying and Addressing Ethical Dilemmas
2.6 Individual Ethical Decision-Making Styles
2.7 Quick Ethical Tests
2.8 Concluding Comments
Chapter 3
Stakeholder and Issues Management Approaches
3.1 Stakeholder Theory and the Stakeholder Management Approach Defined
3.2 Why Use a Stakeholder Management Approach for Business Ethics?
3.3 How to Execute a Stakeholder Analysis
3.4 Negotiation Methods: Resolving Stakeholder Disputes
3.5 Stakeholder Management Approach: Using Ethical Principles and Reasoning
3.6 Moral Responsibilities of Cross-Functional Area Professionals
3.7 Issues Management: Integrating a Stakeholder Framework
3.8 Managing Crises
Chapter 4
The Corporation and External Stakeholders: Corporate Governance: From the Boardroom to the Marketplace
4.1 Managing Corporate Social Responsibility in the Marketplace
4.2 Managing Corporate Responsibility with External Stakeholders
4.3 Managing and Balancing Corporate Governance, Compliance, and Regulation
4.4 The Role of Law and Regulatory Agencies and Corporate Compliance
4.5 Managing External Issues and Crises: Lessons from the Past (Back to the Future?)
Chapter 5
Corporate Responsibilities, Consumer Stakeholders, and the Environment
5.1 Corporate Responsibility toward Consumer Stakeholders
5.2 Corporate Responsibility in Advertising
5.3 Controversial Issues in Advertising: The Internet, Children,
5.4 Managing Product Safety and Liability Responsibly
5.5 Corporate Responsibility and the Environment
Chapter 6
The Corporation and Internal Stakeholders: Values-Based Moral Leadership, Culture, Strategy, and Self-Regulation
6.1 Leadership and Stakeholder Management
6.2 Organizational Culture, Compliance, and Stakeholder Management
6.3 Leading and Managing Strategy and Structure
6.4 Leading Internal Stakeholder Values in the Organization
6.5 Corporate Self-Regulation and Ethics Programs: Challenges and Issues
Chapter 7
Employee Stakeholders and the Corporation
7.1 Employee Stakeholders in the Changing Workforce
7.2 The Changing Social Contract between Corporations and Employees
7.3 Employee and Employer Rights and Responsibilities
7.4 Discrimination, Equal Employment Opportunity, and Affirmative Action Discrimination
Workplace
7.6 Whistle-Blowing versus Organizational Loyalty
Chapter 8
Business Ethics and Stakeholder Management in the Global Environment
8.1 The Connected Global Economy and Globalization
8.2 Managing and Working in a Different Global World: Professional and Ethical Competencies
8.3 Societal Issues and Globalization: The Dark Side
8.4 Multinational Enterprises as Stakeholders
8.5 Triple Bottom Line, Social Entrepreneurship, and Microfinancing
8.6 MNEs: Stakeholder Values, Guidelines, and Codes for
8.7 Cross-Cultural Ethical Decision Making and Negotiation Methods