Ethical IssuesThe following statements have appeared in newspaper editorials:1. Business students come from all segments of society. If they have not beentaught ethics by their families and by their elementary and secondary schools, abusiness school can have little effect.2. Sacrificing self-interest for the collective good won’t happen unless a majorityof Americans also accept this premise.3. Competent executives manage people and resources for the good of society.Monetary benefits and titles are simply the by-products of doing a good job.4. Unethical firms and individuals, like high rollers in Las Vegas, are eventuallywiped out financially.Required:CONCEPTUAL CONNECTION Assess and comment on each of the statements.
Ethical Issues
The following statements have appeared in newspaper editorials:
1. Business students come from all segments of society. If they have not been
taught ethics by their families and by their elementary and secondary schools, a
business school can have little effect.
2. Sacrificing self-interest for the collective good won’t happen unless a majority
of Americans also accept this premise.
3. Competent executives manage people and resources for the good of society.
Monetary benefits and titles are simply the by-products of doing a good job.
4. Unethical firms and individuals, like high rollers in Las Vegas, are eventually
wiped out financially.
Required:
CONCEPTUAL CONNECTION Assess and comment on each of the statements.
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