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PAGE
PAGE #
CONTENTS
TOC \o 1-5 \h \z \o Current Document Unit 1 Business Ethics 3
\o Current Document Unit 2 Business Management 9
\o Current Document Unit 3 Economy Watcli 14
\o Current Document Unit 4 Executive Caliber 20
\o Current Document Unit 5 Money Investment 26
\o Current Document Unit 6 Growth Engine 35
\o Current Document Unit 7 Clean Energy 41
\o Current Document Unit 8 Market Expansion 49
Unit 9 Human Resource Management 57
\o Current Document Unit 10 Division of Labor 63
Unit 11 Decision Making 68
\o Current Document Unit 12 Business Negotiation 74
Unit 1
Business Ethics
Lead-in
Discussion
Ethics, also known as moral philosophy, is a branch of philosophy that involves systematizing, defending, and recommending concepts of right and wrong conduct. In philosophy, ethics studies the moral behavior in humans, and how one should act.
Ethics to consider in business:
Ethics about business input: This involves ethics in gaining resources, for instance purchasing equipments, raising fund, recruiting staff...
Ethics about business process: This involves ethical practice in RD, production, administration, finance, marketing, HR management, logistics...
Ethics about business output: This involves ethical practice in providing quality products, service, etc and dealing with waste properly and protecting environment.
A Mini Case
The local people claimed three things: a) Theres a decrease in the amount of water available to them and Coca-Cola was to blame; b) Their livelihood has been destroyed since the building of the plant; c) the number of people working on the land has dropped considerably.
Coca-Cola claimed that its waste sludge was a useful fertilizer.
Coca-Cola claimed that the reports were scurrilous. Its response was very arrogant and offensive.
Text A
Only the Ethical Survive
Exercises
Reading Comprehension
Detennine whether the following statements are true or false based on the information you get from the text. Write a T for
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