Business Ethics as Rational Choice
by Hooker, JohnEdition: 1st
Format: Paperback
Pub. Date: 2010-08-11
Publisher(s): Pearson
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Summary
Business Ethics as Rational Choicefocuses on building decision-making skills so that readers can arrive at, and defend, personal or company decisions in an objective, and convincing, manner. Introduction; Conditions for Rational Choice; Distributive Justice and Autonomy; Initial Case Studies; MBA Student Dilemmas; Business Case Studies; Cross-cultural Ethics For those in business or government who desire a conceptual framework and vocabulary, as well as busy managers looking for a concise presentation of basic theory.
Table of Contents
| Preface | p. ix |
| About the Author | p. xi |
| Introduction | p. 1 |
| Why Business Ethics? | p. 2 |
| Dispelling the Myths | p. 3 |
| How to Use This Book | p. 4 |
| Notes | p. 5 |
| Conditions For Rational Choice | p. 6 |
| Jennifer's Choice | p. 6 |
| The Generalization Test | p. 7 |
| The Basic Argument | p. 7 |
| Corollaries of the Generalization Test | p. 8 |
| Why Acts Must Have Reasons | p. 9 |
| Identifying the Reasons for an Action | p. 10 |
| Jennifer's Choice | p. 10 |
| Judging Generalizability | p. 12 |
| Professional Ethics | p. 12 |
| Fiduciary Duty to Stockholders | p. 13 |
| Exercises | p. 14 |
| The Utilitarian Test | p. 15 |
| Maximizing Utility | p. 15 |
| Expected Utility | p. 17 |
| Jennifer's Choice | p. 17 |
| Does the End Justify the Means? | p. 17 |
| Too Much Altruism? | p. 18 |
| The Role of Self-Interest | p. 19 |
| Predicting the Consequences | p. 19 |
| Exercises | p. 20 |
| Virtue Ethics | p. 20 |
| Teleological Explanation | p. 21 |
| Virtues | p. 21 |
| Integrity | p. 21 |
| Jennifer's Choice | p. 22 |
| Exercises | p. 23 |
| Notes | p. 24 |
| Distributive Justice and Autonomy | p. 25 |
| Measuring Utility | p. 25 |
| Utility Functions | p. 26 |
| Calibrating Utility Functions | p. 26 |
| Exercises | p. 28 |
| Distributive Justice | p. 29 |
| The Veil of Ignorance | p. 29 |
| The Difference Principle | p. 29 |
| Refining the Difference Principle | p. 30 |
| The Liberty Principle | p. 31 |
| Exercises | p. 32 |
| Mathematical Note 1 | p. 32 |
| Mathematical Note 2 | p. 33 |
| Notes | p. 33 |
| Initial Case Studies | p. 34 |
| Spying on Unilever | p. 34 |
| Exercises | p. 35 |
| A Damaged Car | p. 35 |
| Exercises | p. 36 |
| An insurance Broker's Dilemma | p. 37 |
| Exercises | p. 37 |
| Product Safety | p. 38 |
| Exercises | p. 39 |
| Misleading Numbers | p. 39 |
| Exercises | p. 41 |
| Health and Smoking Bans | p. 42 |
| Exercises | p. 43 |
| Notes | p. 45 |
| MBA Student Dilemmas | p. 46 |
| Being Honest with the Customer | p. 46 |
| Exercises | p. 47 |
| Paying for the Salad Bar | p. 48 |
| Exercises | p. 48 |
| The Boss's Unauthorized Expenses | p. 49 |
| Exercises | p. 49 |
| Accepting Free Tickets | p. 50 |
| Exercises | p. 51 |
| Unauthorized Salary Information | p. 51 |
| Exercises | p. 51 |
| Sacrificing the Old for the New | p. 52 |
| Exercise | p. 53 |
| Interviews after Accepting a Job | p. 53 |
| Exercises | p. 57 |
| Notes | p. 58 |
| Business Case Studies | p. 59 |
| Nortel and Income Smoothing | p. 59 |
| Tires and Rollovers | p. 61 |
| The Bullard Houses | p. 63 |
| Marketing Prozac and Paxil | p. 66 |
| Countrywide Financial and Subprime Mortgages | p. 68 |
| Super Size Me | p. 74 |
| Conoco's "Green" Oil Strategy | p. 77 |
| Exercises | p. 80 |
| Notes | p. 87 |
| Cross-Cultural Ethics | p. 89 |
| Cross-Cultural Decisions | p. 90 |
| Relationships vs. Rules | p. 90 |
| Cronyism and the Purchasing Agent | p. 91 |
| Inappropriate Lawsuits | p. 91 |
| Bribery | p. 92 |
| Kickbacks in Taiwan | p. 92 |
| Bribery in India | p. 93 |
| Nepotism in China | p. 94 |
| Accounting Fraud in North America | p. 94 |
| Corruption in Sub-Saharan Africa | p. 95 |
| Side Payments in the Middle East | p. 96 |
| Gifts to Korean Officials | p. 97 |
| Dilemma in Côte d'lvoire | p. 97 |
| Ethics and Human Nature | p. 99 |
| Notes | p. 100 |
| Index | p. 101 |
| Table of Contents provided by Ingram. All Rights Reserved. |
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