About This Chapter
Below is a sample breakdown of the Ethical Behavior in Business chapter into a 5-day school week. Based on the pace of your course, you may need to adapt the lesson plan to fit your needs.
|Day||Topics||Key Terms and Concepts Covered|
|Monday||Present-day business ethics||Ethics, Security and Exchange Commission (SEC) and relations between the company/manager and employees, investors, customers and vendors|
|Tuesday||Enron case study||Lapse of ethics and market-to-market accounting|
|Wednesday||Code of ethics||Corporate ethics code, compliance-based and integrity-based ethics codes|
|Thursday||Ethics for companies||Social responsibility and social networking|
|Friday||Case studies of contemporary organizations||Examples of present-day companies' demonstration of social responsibility or the lack, thereof|
1. Business Ethics in Contemporary Businesses
The concept of ethics is easy to give examples of but hard to define. In this lesson, we will discuss ethics and how they apply in the business world, as well as discuss an example of an ethical situation using Enron.
2. Code of Ethics: Compliance-based and Integrity-based
A business may develop a code of ethics for different reasons. In this lesson, you'll learn what a code of ethics is and the difference between a compliance-based code of ethics and an integrity-based code of ethics.
3. Social Responsibility in Organizations
Watch this video lesson to learn how companies put into practice their social responsibilities. Learn how a socially responsible company helps the environment, people, and employees along with giving freely to society.
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