Download
1 / 15
190 likes | 662 Vues
Business 303 Sheppard. Business Society & Ethics, Week 11: Unfinished Business & Nepotism & Bribery. BUSINESS ETHICS WEEK 11: MAIN QUESTIONS. What makes nepotism undesirable? What is bribery & why should we worry? Who is Heinz & why is he stealing drugs?
E N D
Business 303 Sheppard Business Society & Ethics, Week 11: Unfinished Business & Nepotism & Bribery
BUSINESS ETHICS WEEK 11: MAIN QUESTIONS • What makes nepotism undesirable? • What is bribery & why should we worry? • Who is Heinz & why is he stealing drugs? • What is the impersonalization argument? • If the numbers for costs exceed benefits how can we still economically justify CSR?
1. Unfinished Business:Applications U.N. Compact: Human Rights 1.Respect internationally proclaimed human rights 2.Do not comply with others in human rights abuses Labour Standards 3. Freedom of association 5. Abolish child labour 4. Eliminate forced labour 6. End employ. discrimination Environment 7.Precautionary approach to environmental challenges 8. Promote greater environmental responsibility 9. Development / diffusion of enviro-friendly technologies Anti-Corruption 10.Work against corruption, including extortion & bribery.
1. Unfinished Business:Applications Yahoo in China Nestle infant formula The latest version of Wal-Mart What else… ? Wk. 11-4
2. Reciprocity & Conflicts of Interest Nepotism. [512] Merit principle vs. economic burden [515]. 3. Gift versus Bribe [513] • And the notion ofReciprocity [517]. • And cultural relativism [517] • And oppression [519] • And moral neutrality [520] Wk. 11-5
4. What’s all this? Some points that aren’t covered elsewhere. At least there’s no reading. The Impersonalization Argument (ala Milgram) The tools of Business and Impersonalization. If we follow the ‘mindless tool’ argument to it’s logical conclusion we can use these tools for good. Yea, I could put them on the exam. The exam will be: 48 Multiple Choice (1.5% each) 14 fill-in (or possibly very short answer) (2% each). Wk. 11-6
5. Defining Issues Test:Heinz & the Drug • In Europe, a woman was near death from a special kind of cancer. • There was 1 drug doctors thought might save her. It was a form of radium that the druggist in the same town had recently discovered. • The drug was expensive to make, but the druggist was charging 10 times what the drug cost to make. He paid $200 for the radium and charged $2,000 for a small dose of the drug. • The sick woman’s husband, Heinz, went to everyone he knew to borrow the money but could only get together about $1,000, which is half what it cost. He told the druggist and that his wife was dying, and asked him to sell it cheaper or let him pay later. • But the druggist said, “No, I discovered the drug and I’m going to make money from it.” So Heinz got desperate and began to think about breaking into the man’s store to steal the drug for his wife. Should Heinz steal the drug? Wk. 11-7
5. Defining Issues Test(Part 2a) He should steal it Can’t decide He should not steal it. Great Much Some Little None Importance . 1.Whether a community’s laws are going to be upheld. 2. Isn’t it only natural for a loving spouse to care so much for his wife that he’d steal? 3. Is Heinz willing to risk getting shot as a burglar or going to jail for the chance that stealing the drug might help? 4. Whether Heinz is a professional wrestler, or has lots of influence with professional wrestlers. 5. Whether Heinz is stealing for himself or doing this solely to help someone else. Wk. 11-8
5. Defining Issues Test (Part 2b) 6. Whether the druggist’s rights to his invention have to be respected. 7. Whether the essence of living is more encompassing than the termination of dying, socially & individually. 8. What values are going to be the basis for governing how people act towards each other. 9. Whether the druggist is going to be allowed to hide behind a worthless law which only protects the rich. 10. Whether the law in this case is getting in the way of the most basic claim of any member of society. 11. Whether the druggist deserves to be robbed for being so greedy and cruel. 12. Would stealing in such a case bring about more total good for the whole society or not? Great Much Some Little None Importance . Wk. 11-9
5. Defining Issues Test (Part 2c) The idea then is to pick your top four. There are six stories in all. You get points for using Post Conventional reasoning. • 1 - Obedience & Punishment • 2 - Individualism & Reciprocity • 3 - Interpersonal Conformity • 4 - Social System/Law & Order • 5 - Social Contract • 6 - Universal Ethical Principles Post-conventional reasoning counts Wk. 11-10
6. A Word on Cost/Benefit Analysis The Cost of life? Learning how to Multiply. • What’s after net cost? • Importance of Intangibles.
7. Economically/Responsible Analysis A Socially Responsible Effort. Economic Justifications. Are Intangible Impacts worth the Cost? Theory in Practice: Wal-Mart Stocking Example. Wk. 11-12
8. Cost / Benefit & MiniMax Regret(1/2) Minimize your Maximum Regret Alternately Maximize your Minimum Regret http://philosophy.hku.hk/think/strategy/decision.php Minimum Regret Regret 10 mil. Regret 10 mil. Regret 20 mil. Wk. 11-13
8. Cost / Benefit & MiniMax Regret(2/2) Inconvenient Truth It’s not all true (e.g. CO2 Heat Correlation) But : What is the cost of being a refugee? Ranting and checking your facts . Minimum Regret Regret 650 bil. Regret 650 bil. Regret $24.35 trillion Wk. 11-14
