Learning Objectives

15-1 Discuss the term ethics, including common elements of the definition. PAGE 562

15-2 Briefly discuss each of the identified ethical approaches. PAGE 566

15-3 Briefly discuss each factor required in a good code of ethics. PAGE 567

15-4 Discuss the terms authority, responsibility, and accountability and how they relate to ethical behavior. PAGE 568

15-5 Identify some of the common ethical issues that managers face in business. PAGE 570

15-6 Briefly discuss the “business case” for corporate social responsibility (CSR). PAGE 572

15-7 Briefly describe the concept of sustainability in a business context. PAGE 576

15-8 Define the key terms found in the chapter margins and listed following the Chapter Summary. PAGE 584