ETHICS April 13, 2010 STANDARDS BCS-BE-11: Compares and

ETHICS April 13, 2010 STANDARDS  BCS-BE-11: Compares and

ETHICS April 13, 2010 STANDARDS BCS-BE-11: Compares and contrasts common ethical issues BCS-BE-12: Evaluates personal responsibility of ethical behavior BCS-BE-13: Investigates the relationship between ethics and law BCS-BE-14: Derives the importance of employer/employee relationships BCS-BE-15: Evaluates the impact of technology on business ethics Essential Questions

What are ethics? What does it mean to be ethical? What impact do ethics have in the workplace? What is a Code of Ethics? Why is it important for a business to establish a Code of Ethics? CLASS DISCUSSION The success of any great moral enterprise does not depend on numbers William Lloyd Garrison Why might it be

challenging for a manager to balance the needs of the company with the needs of workers? ETHICS IN BUSINESS Ethics: a set of moral principles or values that govern behavior. Code of Ethics: a document that outlines the principles of conduct to be used in making decisions within the organization. CODE OF ETHICS may cover

Honesty Adherence to the law Product safety/quality Health/Safety in the workplace Conflicts of interest Employment practices Selling/Marketing

practices Protection of the environment Financial reporting Pricing, billing and contracting Trading in securities Using confidential information Security Payments to obtain business Political activities

BEHAVING HONESTLY Sarbanes-Oxley Act of 2002 Contains important rules affecting the reporting and corporate governance of public companies and their directors and officers. Employee Theft Lying About Hours Worked Falsifying Records <<>> What impact do ethics have in the workplace? What is a Code of Ethics? Why is it important for a business to establish a Code of Ethics?

CLASSWORK Lets create a Code of Ethics for the classroom that will cover the following:

Behavior Assessments Classwork/Homework Computer usage Classroom environment Respect Honesty Accountability Responsibility Communication INDIVIDUAL WORK Create a Code of Ethics for your

business. Please be sure to cover your employees And also consider the following:

Honesty Adherence to the law Product safety/quality Health/Safety in the workplace Conflicts of interest Employment practices Selling/Marketing practices

Protection of the environment Financial reporting Pricing, billing and contracting Trading in securities Using confidential information Security Payments to obtain business Political activities HAVE A TERRIFIC TUESDAY!!!

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