GMS 723 Lecture Notes - Lecture 5: Kantian Ethics, Business Ethics, Cultural Relativism

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Quebec the most corrupt province in canada. Quebec"s government has lurched from one scandal to the next. Our ability to be competitive exporters depends on perceptions held by international customers. Why does this happen? o o o o o o o o o o o o o o o. The intense competitiveness of the international business environment puts pressure on companies to squeeze out every advantage they have and to cut costs in the most extreme way. The pressure to produce and sell products at cheaper and cheaper prices can encourage people to avoid thoroughly thinking through the ethical consequences of business decisions. The third cause of unethical behaviour in businesses an organizational culture that de- emphasizes business ethics, reducing all decisions to the purely economic. Friedman"s basic position: the only social responsibility of business is to increase profits, so long as the company stays within the rules of the law.

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