Business Ethics: Ethical Decision Making and Cases

by O.C. Ferrell, John Fraedrich, Ferrell, et al.

Book Overview

Learn to make successful ethical decisions in the midst of the new business realities of 2020 and 2021 with Ferrell/Fraedrich/Ferrell's market-leading BUSINESS ETHICS: ETHICAL DECISION MAKING AND... This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 0618395733
• ISBN13: 9780618395736
• Release Date: January 2004
• Publisher: South Western Educational Publishing
• Length: 461 Pages
• Weight: 1.75 lbs.
• Dimensions: 0.8" x 7.5" x 9.2"

Customer Reviews

Perfect Transaction

Book arrived in better condition than expected and on time. Can't ask for more!!!

Excellent Price Excellent Delivery

Price was fantastic. Way less than I planned on spending. Recieved very quickly! Thank you!

Business Ethics coursebook

This item was received in the exact condition advertised. The total shipping time took longer than expected, but is not the seller's fault as it was sent out the day after purchase. Overall, it turned out to be fine.

The way it would have been in a perfect business world

Although some of the ideas in this book may sound utopian to many readers, those who apply, even one-half of those ideas, in their business dealings will create an unsurmountable competitive advantage. Business Ethics: Ethical Decisions and Cases is a book that every business leader needs to read. This is because it is essential for business leaders to understand and apply the intertwining and inseperability of ethics, law, leadership and competitiveness. These are essential to the needs of every firm dealing with stiff competition today, when it seems that winners are taking all. In fact, as the acclaimed Professor Magaret Neal of Stanford Business School stressed, "winners don't take all." Notwithstanding the always-talked-about need for business leaders to operate responsibly, many leaders are falling prey to the dog-eat-dog business world, where there seems to be no conscience. This book challenges those who might think that competition has turned so nasty that only the toughest and wiliest players will prevail. The fact is that those firms that strictly adhere to ethical principles espoused here, by Ferrell, Fraedrich and Ferrel, are driving more sustainable growth. The winning leaders know they are required to make sound ethical decisions throughout their careers. They view economics, law and ethics concurrently when making decisions. No doubt, this work in the areas of Ethics, Law & Leadership has provoked a lot of interest and challenge to some business leaders who find themselves dealing with a lot of conflicting issues today; and where ethical "maybes" are more prevalent than before. It's a great book that would have saved some heahaches for companies like: Enron® Tyco® Arthur Andersen® Halliburton® WorldCom® Global Crossing® Dynergy® Qwest® Sunbeam® HP® Readers will remember the hard lessons learned by the leaders of the above companies, who cared less about ethics and fairness. It's a must-read. [Nwankama W Nwankama]

A handy handbook for ethical decision making

Excellent. A practical book written by academics. Many books on ethics are hard to read because of the intellectual gymnastics required. Those written by consultants and journalists are often of the cookbook type and artificial. This book is therefore not only usefulfor students but also for businessmen and consultants. This book focuses on decision making within a clearly defined framework with good definitions of the concepts used. It also includes a very good description of relevant laws in the USA. I did not realise that laws regulate so many ethical business issues. For example " The Federal Sentencing Guidelines for Organisations" provide a very good framework to any company that wants to act ethically. Business ethics as defined in the book does not include obeying the law, which I think is correct. Each chapter starts with a practical but imagined case. Many of the cases deal with breaking the law or not. For example "analyse the ethical implication of a woman having to decide whether to go to bed with her boss as that is the condition be puts on her being promoted". Or " what are the ethical implications of dumping toxic substances in the river if you can get away with it by bribing the inspector". One of the principles of the book is that it does not prescribe any solutions. I think that this is pushed too far in many of these cases. I see no point in analysing the ethical implications of breaking the law. My recommendation is to eliminate all of these cases or rewrite them. However, the 15 actual legal cases are useful. They show how difficult it can be to determine what is an ethical and what is a legal issue. The subject of moral philosophies is covered in 16 pages. The authors correctly state that it is impossible to deal with this subject in any depth. The risk with this chapter is that the simplifications made are so extreme that the reader may think he has understood the essence of this topic. That is however very far from reality. These criticisms should however not discourage potential buyers of the book. Overall it is very good.