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American Business Values A Global Perspective

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ISBN-10: 0131467069

ISBN-13: 9780131467064

Edition: 5th 2006 (Revised)

Authors: Gerald F. Cavanagh

List price: $84.00
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For undergraduate business ethics, social responsibility in business, or business and society courses. The primary focus of this book is on American business values, but it also examines how those values are influencing people throughout the world, and how American values are, in turn, being influenced by other peoples. The book helps students to formulate their own values and goals. It challenges them to examine problems and to be aware of biases. It provides the tools to make informed ethical judgments, and tells them what is required to form good moral habits and character.
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Book details

List price: $84.00
Edition: 5th
Copyright year: 2006
Publisher: Prentice Hall PTR
Publication date: 6/9/2005
Binding: Paperback
Pages: 384
Size: 5.75" wide x 8.75" long x 0.50" tall
Weight: 0.990
Language: English

Free Markets Need Ethical Norms
Wal-Mart as a Model of Business Values
Influence of Business Values
Ethical and Financial Breakdowns
Tyco and Dennis Kozlowski
Profitability and Markets
Shareholder Value
Outsourcing Jobs and Layoffs
Living Short Term
Managers Measuring Progress
Trust in Corporate Executives
Advertising and Media Shape Values
Children Are Targets
Advertising Affects Values
Why Some Fail
Self-Interest as a Personal Goal
Free Market Fundamentalism
Restoring Trust to Business
Integrity and Sanctions
Summary and Conclusions
Discussion Questions
Case: College Test
Case: Cynthia Cooper, WorldCom Internal Auditor
Case: Confidentiality of E-Mail
Exercise: Personal Goals and Values Inventory
Exercise: Rank Ordering of Personal Values
Exercise: Life Goal Inventory
Maturity and Moral Development
Lack of Maturity Brings Stress
Midlife Crisis
Stress and Anxiety at Work
Moral Development
Stages of Moral Growth
Reasoning and Caring in Moral Development
Individualism and the Common Good
Wealth and Status as Goals
Leaders Build Shared Values
Personal Values of Businesspeople
Measuring Personal Values
Personal Experience Gives Direction
Helping Behavior
Need for Ethics in Business
Personal Greed or Corporate Pressure
Enlightened Self-Interest and Ethics
Customs, Bias, and Culture
Young People and Morals
Need for Ethics in Business and in Business Schools
Summary and Conclusions
Discussion Questions
Case: Inflated Resume
Case: Drug Test
Case: Bank Deposit Insurance
Exercise: Service-Learning in the Community
Ethical Behavior in Business
Facts, Values, and Acts
Dilemmas to Decisions
But Others Are Doing It; My Superior Knows About It and Says Nothing
Ethical Principles for Business Actions
The Norm of Individual Rights and Duties
The Norm of Justice
The Norm of Utilitarianism
The Norm of Caring
Ethical Norms for Global Business
Solving Ethical Problems
Decision Making Using the Model
Overriding Factors
Case of Selling Cigarettes
Loyalty and Whistle-Blowing
When to Blow the Whistle
Good Habits Build Character and Virtue
Self-Discipline, Courage, Justice, and Prudence
The Virtuous Organization
Ethics in Business Education
Summary and Conclusions
Discussion Questions
Case: Double Expense Account
Case: PETA vs. Pfizer
Case: Tax Assessment Kickback
Exercise: Memo to the Chief Executive
Ethical Climate of an Organization
Ethical Climate of a Business Compared to Caux Round Table Principles for Business
Historical Roots of Business Values
Questioning the Past
Listening to Our Forebears
The Ancient Greek Attitude Toward Business and Work
Work in Biblical Times
Work in Islam, Hinduism, and Buddhism
Monks as Capitalists
From Luther and Calvin to the Protestant Ethic
Weber's Analysis of the Protestant Ethic
John Locke and the Right to Private Property
Rousseau's Social Contract
Adam Smith and Free Enterprise
Enterprise Values in the New World
Benjamin Franklin's Way to Wealth
Slavery and Productivity
The American Frontier
Tocqueville's View of Americans
Social Darwinism and Herbert Spencer
Struggle for Survival
Summary and Conclusions
Discussion Questions
Case: Purchasing Freedom for Slaves
Case: Tax-Free Personal Computer
Case: Radar Detector
Exercise: Religious Roots of Business Values
Factories, Immigrants, and Ideology
Capitalism and Individualism Steer Business Practices
American Individualism and Ralph Waldo Emerson
Children and Immigrants in Nineteenth-Century U.S. Factories
Churches and Their Influence
Praise of Wealth
Andrew Carnegie and John D. Rockefeller
Manufacturing and Scientific Management
Biased Management
Americans as Seen from Abroad
Ideology and Values
Origin and Impact of Ideology
Challenge and Fundamentalism
Suspicion of Ideology
Values in Modern Life
The Necessity of an Ideology for Business
Summary and Conclusions
Discussion Questions
Case: Educational Reimbursement
Case: Safe Drug
Exercise: International Management Consultant
Exercise: An American Ideology
Critics of Capitalism
The Marxist Critique
Exploitation of the Worker
Alienation of the Worker
Big Business Dominates National Goals
Corporations Exploit Other Countries
Social Consequences of Capitalism
Cooperative Versus Competitive Market System
Free Enterprise Questioned from Within
Prediction of the Decay of Capitalism
Argument for Free Markets: A Rebuttal
Alternatives to Individualism and Capitalism: Cooperatives
Communities to Aid Others
Working in Community
Cooperation in the Workplace
Summary and Conclusions
Discussion Questions
Case: Nike and Sweatshops
Case: California Sweatshop
Case: Superior's Expense Report
Exercise: Goals Notebook
Exercise: Debate Pros and Cons of Free Trade
Personal Values and the Firm
The Firm Forms Workers: Socialization
Success and Loyalty at Work
Money as the Goal
Winners and Self-Developers Among Managers
Dissent in the Organization
Why People Work: Motivation and Ideology
Personal Growth Within the Organization
Need for Achievement and Need for Power
Work as Natural
Managing Blindly by Unexamined Assumptions
Pressure for More Work
Following Orders
Selling of Self: Careerism
Balancing Work-Life Conflict
Spirituality in the Workplace
A Career as a Vocation
Executives as Leaders
Summary and Conclusions
Discussion Questions
Case: The Purchasing Manager's Car
Case: Top Management and Sex: Astra USA
Case: The Boss's Work Time
Exercise: A Life Worth Living
Exercise: Write Your Own Obituary
Rebuilding Trust in Business
Loss of Integrity
Managing for Self or Firm
Executive Compensation and Breach of Trust
American Supremacy Challenged
Leaders Impact the Culture and Ethics of a Firm
Executives as Moral Leaders
Executives That Destroy Wealth and People
The Corporation Serves Society
Role and Responsibilities of CEOs and Boards of Directors
Federal Regulation: Sarbanes-Oxley and the SEC
Strategic Planning and Ethics Build Trust
The Influence of Institutional Investors
Code of Ethical Conduct
Planning for Ethics and Disclosure
Ethics Programs: Training, Audits, and Reports
Growth and Narrow Interests
Summary and Conclusions
Discussion Questions
Case: Ebola Virus and Entertainment
Case: Stock Purchase Deal
Case: Company Controller
Case: Home Depot and Certified Wood
Exercise: Business for Social Responsibility
Globalization's Impact on American Values
Multinational Firms as Corporate Citizens
Worldwide E-Commerce
Sweatshops Around the World
The Earth's Environment
Speculation in Global Markets: The Casino Economy
Corruption and Transparency
Impact of Global Firms
Business and Global Poverty
Toward International Stability
Global Ethical Conduct: Laws, Codes, and Reporting
The Caux Round Table Principles for Business
The United Nations Global Compact with Business
Global Reporting Initiative
Effectiveness of Global Codes and Reporting
Challenges for the Multinational Firm
Sustainable Development
A Nation Among Nations
Global Corporate Citizenship
Summary and Conclusions
Discussion Questions
Case: Merck and River Blindness
Case: ExxonMobil and Global Climate Change
Case: Made in the United States or Asia
Business Values for the Future
Today's Business Values
Free Markets Triumph
Aristocratic Markets
Democracy and the Threat of Special Interests
Lack of Clear Values
An Aid to Core Beliefs and the Work Ethic
A Viable Business Creed
Problems for Future Managers
Mission Statement and Core Ideology
Spiritual Business Vision
Planning and Forecasting
Organizing for the Future
Trend Analysis
Careers with a Future
Future Business Values
Central Role of the Person
Technology and Innovation
Long-Range Perspective
Sustainable Development
Business for People
Local Control in a Global Economy
Spiritual Roots of the New Business Mission
Human Measures of Success
Vision and Hope
Summary and Conclusions
Discussion Questions
Case: Canon Keeps Manufacturing Jobs at Home
Case: Local Manager in Trouble
Case: Betty Vinson, Accountant at WorldCom
Caux Round Table Principles for Business
United Nations Global Compact with Business
Selected Web Sites for Business Ethics