ARBUS202 Lecture Notes - Lecture 2: Impossible Princess, Corporate Social Responsibility, Business Ethics
4 Mar 2016
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They didn"t deal with the defect in 2001 (when they found out) They doubled-down (went after the families that were trying to do right by their perished family members) They brushed off the severity ( it"s a learning experience ) there will be times when you"re asked to go against your everyday sense of morality. Gm silenced a whistle-blower: employee: i felt it morally responsible to keep my customers safe gm: not apart of your job restriction . In a perfectly competitive market, resources will be distributed efficiently. Allow people to compete for resources, and they will trade as long as it is to their benefit to do so. 10 ways a market can fail/10 commandments of business ethics: There"s only one plate of food for dinner for a family of 6 so you"re going to have to fight over it .
