MGMT 3000 Lecture Notes - Lecture 1: Business Ethics, Ikea, Triple Bottom Line

• School: University of Windsor
• Department: Business
• Course: MGMT 3000
• Professor: Ryan Donally

Document Summary

Business ethics: the study of business situations, activates, and decisions where issues of right and wrong are addressed, non-harming; being virtuous, the purchase of studying business ethics is not to study business ethics, it is to study ourselves. Relationship: morality -> ethics -> ethical theory -> potential solution, ethics rationalizes morality -> to produce ethical theory -> that can be applied to a situation. Conflict free diamonds, fair trade coffee: cultural imperialism the imposition by one usually politically or economically dominant community of various aspects of its own culture onto another, nondominant community. It is cultural in that the customs, traditions, religions, language, social and moral norms and other aspects of the imposing community are distinct from, though often closely related to, the economic and political systems that shape the other community. It is a form of imperialism in that the imposing community forcefully extends.