EWMBA 200C Lecture Notes - Lecture 6: Spamming, Patent Misuse, Disinformation
Document Summary
The study and evaluation of decision making by businesses according to moral concepts and judgments. Ethical questions range from practical, narrowly defined issues, such as a company"s obligation to be honest with its customers, to broader social and philosophical questions, such as a company"s responsibility to preserve the environment and protect employee rights. Many ethical conflicts develop from conflicts between the differing interests of company owners and their workers, customers, and surrounding community. Managers must balance the ideal against the practical the need to produce a reasonable profit for the company"s shareholders with honesty in business practices, safety in the workplace, and larger environmental and social issues. Ethical issues in business have become more complicated because of the global and diversified nature of many large corporations and because of the complexity of government regulations that define the limits of criminal behavior.