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Discusses the nature and significance of ethical standards and identifies four kinds of moral principles for resolving ethical dilemmas in business. Theory is applied to such issues as the ethics of markets and prices, environmental and consumer issues, and employee issues. New materials in this edi

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• Preface(p. xiii)
• Part 1 Basic Principles(p. 1)
• 1 Ethics and Business(p. 2)
• Introduction(p. 2)
• 1.1 The Nature of Business Ethics(p. 7)
• 1.2 Moral Development and Moral Reasoning(p. 27)
• 1.3 Arguments for and Against Business Ethics(p. 38)
• 1.4 Moral Responsibility and Blame(p. 46)
• Cases for Discussion(p. 61)
• Napster's Revolution(p. 61)
• H. B. Fuller and the Street Children of Central America(p. 64)
• 2 Ethical Principles in Business(p. 70)
• Introduction(p. 70)
• 2.1 Utilitarianism: Weighing Social Costs and Benefits(p. 73)
• 2.2 Rights and Duties(p. 88)
• 2.3 Justice and Fairness(p. 105)
• 2.4 The Ethics of Care(p. 122)
• 2.5 Integrating Utility, Rights, Justice, and Caring(p. 129)
• 2.6 An Alternative to Moral Principles: Virtue Ethics(p. 132)
• 2.7 Morality in International Contexts(p. 141)
• Cases for Discussion(p. 155)
• Publius(p. 155)
• Philip Morris' Troubles(p. 156)
• Pepsi's Burma Connection(p. 163)
• Part 2 The Market and Business(p. 169)
• 3 The Business System(p. 170)
• Introduction(p. 170)
• 3.1 Free Market and Rights: John Locke(p. 175)
• 3.2 The Utility of Free Markets: Adam Smith(p. 183)
• 3.3 Marxist Criticisms(p. 192)
• 3.4 Conclusion: The Mixed Economy(p. 199)
• Cases for Discussion(p. 210)
• The Health Business(p. 210)
• Accolade Versus Sega(p. 214)
• Brian's Franchise(p. 216)
• 4 Ethics in the Marketplace(p. 220)
• Introduction(p. 220)
• 4.1 Perfect Competition(p. 222)
• 4.2 Monopoly Competition(p. 233)
• 4.3 Oligopolistic Competition(p. 236)
• 4.4 Oligopolies and Public Policy(p. 246)
• Cases for Discussion(p. 252)
• Playing Monopoly: Microsoft(p. 252)
• A Japanese Bribe(p. 260)
• Part 3 Business and Its External Exchanges--Ecology and Consumers(p. 265)
• 5 Ethics and the Environment(p. 266)
• Introduction(p. 266)
• 5.1 The Dimensions of Pollution and Resource Depletion(p. 269)
• 5.2 The Ethics of Pollution Control(p. 287)
• 5.3 The Ethics of Conserving Depletable Resources(p. 308)
• Cases for Discussion(p. 325)
• Genetic Engineering at Monsanto/Pharmacia(p. 325)
• The New Market Opportunity(p. 329)
• 6 The Ethics of Consumer Production and Marketing(p. 332)
• Introduction(p. 332)
• 6.1 Markets and Consumer Protection(p. 335)
• 6.2 The Contract View of Business' Duties to Consumers(p. 339)
• 6.3 The Due Care Theory(p. 348)
• 6.4 The Social Costs View of the Manufacturer's Duties(p. 352)
• 6.5 Advertising Ethics(p. 355)
• 6.6 Consumer Privacy(p. 363)
• Cases for Discussion(p. 373)
• AIDS and Needles(p. 373)
• Toy Wars(p. 379)
• Part 4 Business and Its Internal Constituencies--Employee Issues(p. 385)
• 7 The Ethics of Job Discrimination(p. 386)
• Introduction(p. 386)
• 7.1 Job Discrimination: Its Nature(p. 388)
• 7.2 Discrimination: Its Extent(p. 393)
• 7.3 Discrimination: Utility, Rights, and Justice(p. 406)
• 7.4 Affirmative Action(p. 415)
• Cases for Discussion(p. 438)
• Wage Differences at Robert Hall(p. 438)
• Brian Weber(p. 441)
• 8 The Individual in the Organization(p. 443)
• Introduction(p. 443)
• 8.1 The Rational Organization(p. 445)
• 8.2 The Employee's Obligations to the Firm(p. 447)
• 8.3 The Firm's Duties to the Employee(p. 457)
• 8.4 The Political Organization(p. 463)
• 8.5 Employee Rights(p. 465)
• 8.6 Organizational Politics(p. 484)
• 8.7 The Caring Organization(p. 491)
• Cases for Discussion(p. 503)
• The Gap(p. 503)
• Working for Eli Lilly and Company(p. 509)
• Index(p. 513)