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ead Professor James Fieser’s “
â€Â. This reading presents an overview of approaches to ethics. It also discusses issues American companies face when doing business in foreign countries. Lastly, it focuses on the issues businesses face when dealing with environmental impact.Next, read “
Developing Ethics Codes and Statements of Values
†adapted from a course module by William Frey and Jose A. Cruz-Cruz. This provides a valuable analyses of how organization actually develop ethics codes and statements of values, as well as a discussion of the differences between them. This reading points out important considerations organizations face when drafting ethics documents.Lastly, you should read Matteo Tonello’s “
The Business Case for Social Responsibility
†together with Milton Friedman’s “
The Social Responsibility of a Business Is to Increase Its Profits
â€Â. These readings show two vastly different approaches to the issue of the social responsibility of businesses. Pay attention in the first reading to the reasons given for why businesses should act with social responsibility. In the second reading, note what Friedman emphasizes as the key responsibility of a for-profit business.
In addition, the student should consider the following question for reflection: Do businesses have responsibilities to the society in which they operate? Are those responsibilities more important than the responsibility of a business to make profits for its owners?
Minimum of 2oo words. Cite any reference in apa format.
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