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Business Ethics: Case Studies and Selected Readings, 7th ed.

Business Ethics: Case Studies and Selected Readings, 7th ed.

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Licens<strong>ed</strong> to:<br />

xviii | Preface<br />

pressures employees feel in business. Their pressures are not those of profit, but of deadlines,<br />

fundraising, rankings, <strong>and</strong> even just hubris, the classic component in the Greek<br />

trag<strong>ed</strong>ies by which heroes fall.<br />

The seventh <strong>ed</strong>ition continues the features students <strong>and</strong> instructors embrac<strong>ed</strong> in the<br />

first six <strong>ed</strong>itions, including both short <strong>and</strong> long cases, discussion questions, hypothetical<br />

situations, <strong>and</strong> up-to-the-moment current, ongoing, <strong>and</strong> real ethical dilemmas. Some of<br />

the long-st<strong>and</strong>ing favorites are back by popular dem<strong>and</strong>—such as the Nestlé infant formula<br />

experience <strong>and</strong> Union Carbide in Bhopal, with their long-st<strong>and</strong>ing lessons in doing<br />

the right thing. There are so many “oldies but goodies” when it comes to ethics cases, but<br />

length constraints do not allow me to continue to include in this book all the oldies along<br />

with the new cases that promise to be oldies but goodies. Check out the availability of<br />

custom options not<strong>ed</strong> at the end of this section. Now there are further opportunities to<br />

integrate cases from previous <strong>ed</strong>itions into your course.<br />

The seventh <strong>ed</strong>ition continues the new training tool introduc<strong>ed</strong> in the previous <strong>ed</strong>ition<br />

to help businesspeople who are working their way through an ethical dilemma. In the<br />

discussion questions for many of the cases the “Compare <strong>and</strong> Contrast” questions continue.<br />

These are questions that provide an example of a company that made a decision<br />

different from the one made by management in the case at h<strong>and</strong>. For example, in the<br />

Tylenol case (<strong>Case</strong> 7.9—an oldie but goodie that has been updat<strong>ed</strong> for this <strong>ed</strong>ition), the<br />

students will find a question that highlights this company’s past conduct in comparison<br />

with its conduct in a current situation in which the FDA has accus<strong>ed</strong> the company of<br />

surreptitiously buying up taint<strong>ed</strong> product in order to avoid a recall. There is a contrast<br />

between its recall of the 1980s, which was so rapid <strong>and</strong> receiv<strong>ed</strong> so much acclaim, <strong>and</strong><br />

its behavior in this event. Why do some companies choose one path while others succumb<br />

to pressure? What was different about their decision-making processes? What did they see<br />

that the other companies <strong>and</strong> their leaders did not take into account? This feature is a<br />

response to those who worry that students are not given examples of “good companies.”<br />

The problem with touting goodness is that it is impossible to know everything a company<br />

is or is not doing. For example, Fannie Mae was nam<strong>ed</strong> the most ethical company in<br />

America for 2 years running. Yet it had to do a $7-billion restatement of earnings <strong>and</strong> is<br />

now defunct as a shor<strong>ed</strong>-up government entity. BP was an environmental darling for<br />

nearly a decade for its responsible environmental programs. However, recent events cast<br />

doubt on how much environmental <strong>and</strong> safety d<strong>ed</strong>ication the company had. There is a risk<br />

in learning of goodness if that goodness is superficial or limit<strong>ed</strong>. Studying individual scenarios<br />

of contrasting behavior is the learning tool, not the touting of a single company that<br />

can always have a lapse. There are no saints in this journey <strong>and</strong> keeping the text cr<strong>ed</strong>ible<br />

requires a recognition of that limitation but uses it to emphasize the vigilance we all ne<strong>ed</strong>,<br />

as individuals <strong>and</strong> in business, to avoid lapses <strong>and</strong> progress in moral development.<br />

Finding <strong>and</strong> Studying the <strong>Case</strong>s <strong>and</strong> <strong>Readings</strong><br />

The seventh <strong>ed</strong>ition continues the classic readings in business ethics that provide insight<br />

into the importance of ethics in business <strong>and</strong> how to resolve ethical dilemmas. The<br />

seventh <strong>ed</strong>ition also continues the presence of integrat<strong>ed</strong> readings throughout the book<br />

to provide substantive thoughts on the particular areas cover<strong>ed</strong> in each section. The organizational<br />

structure <strong>and</strong> indexes, continu<strong>ed</strong> from the sixth <strong>ed</strong>ition, make material, companies,<br />

people, <strong>and</strong> products easy to locate. A case can be locat<strong>ed</strong> using the table of<br />

contents, the alphabetical index, the topical index, the people index, or the product<br />

index, which lists both products <strong>and</strong> companies by name. An index for business disciplines<br />

groups the cases by accounting, management, <strong>and</strong> the other disciplines in colleges<br />

of business.<br />

Copyright 2011 Cengage Learning. All Rights Reserv<strong>ed</strong>. May not be copi<strong>ed</strong>, scann<strong>ed</strong>, or duplicat<strong>ed</strong>, in whole or in part. Due to electronic rights, some third party content may be suppress<strong>ed</strong> from the eBook <strong>and</strong>/or eChapter(s).<br />

Editorial review has deem<strong>ed</strong> that any suppress<strong>ed</strong> content does not materially affect the overall learning experience. Cengage Learning reserves the right to remove additional content at any time if subsequent rights restrictions require it.

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