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This chapter offers a useful starting point for mapping the who what when where why and how of ethical problems involving organizations and their constituencies.Issues and crisis management frameworks are explained and integrated into approaches that complement the stakeholder analysis.It also concerns the intersec- tion between business and ethics and is fundamental to the relationships be- tween business and society at large.Why does the modern corporation exist in the first place What is its raison d’être How does it treat its stakehold- ers Business ethics engage these essential questions and it is also about the purpose values and transactions of and between individuals groups and companies and their global alliances.Principles concepts and exam- ples are written to minimize jargon and maximize meaning.Although in- tended primarily for the dedicated course in business ethics this text may also serve as a useful adjunct in other course areas namely introduction to business business law business and society and business policy. Business Ethics retains and updates many of its longer cases adding fifteen new shorter cases to the mix.With the following embed code you can add this game to your website in a matter of seconds.

This book presents contemporary and clas- sic business cases and decisions that can be analyzed and interpreted using ethical principles and decision-making negotiation styles.Stakeholder issues man- agement and ethical methods can be used throughout the book.These • • • • Prefacexxvi methods are presented in an updated and more integrative Chapter 2.Exam View ® and Exam View Pro ® are registered trademarks of FSCreations Inc. Cengage Learning Web Tutor™ is a trademark of Cengage Learning.

Windows is a registered trademark of the Microsoft Corporation used herein under license. Library of Congress Control Number: 2008930405 ISBN-13: 978-0-324-58973-3 ISBN-10: 0-324-58973-5 South-Western Cengage Learning 5191 Natorp Boulevard Mason OH 45040 USA Cengage Learning products are represented in Canada by Nelson Education Ltd.We take a close look at the business reporting of the Wall Street Journal 60 Minutes 20/20 the New York Times Business Week the Economist and other online and off-line sources to learn from the challenges practices and mistakes of companies and organizations around the world.STAKEHOLDER AND ISSUES MANAGEMENT ANALYSIS Stakeholder analysis is one of the most comprehensive orienting approaches for identifying issues groups strategies and outcomes potential or real- ized revolving around complex ethical dilemmas.For example Chapter 6 which addresses internal stakeholders investigates options for assessing an organization’s readiness to manage from a values-driven and stakeholder-responsiveness approach.



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