BUS 220 American University Positive Law Business Ethics Cases Questions this assignment contained two case studies for the first one there is 3 questions

BUS 220 American University Positive Law Business Ethics Cases Questions this assignment contained two case studies for the first one there is 3 questions and the second one there is two questions, overall maximum word count is 500 words all the needed documents are attached below please only use the slides to answer and consider everything asked for in the questions. Part 1 – Chapter 3: Business Ethics,
Social Forces, & the Law (p. 34 – 53)
A. What is Business Ethics?
B. Why is Business Ethics Important?
C. How to Recognize and Resolve Ethical
Dilemmas
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A. What is Business Ethics?
1. What is Business Ethics? (p.34)
Ethics is a branch of philosophy dealing with values that relate to the nature
of human conduct and values associated with that conduct.
Balancing the goal of profits with the values of individuals and society is the
focus of business ethics.
1. The Law as the Standard for Business Ethics (p.34)
✓ “Positive law” as standard for ethics (p.34)
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A. What is Business Ethics?
3. The Law as the Standard for Business Ethics (p.34)
✓ One view of ethics is simply following what codified or positive law
requires. The act of whether an act is legal is a common moral standard
used frequently in business. Codified law, or law created by governmental
authority, is used as the standard for ethical behavior. Absent illegality, all
behavior is ethical under this simple standard.
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A. What is Business Ethics?
2. Universal Standards for Business Ethics (p. 34)
✓Another view of ethics holds that standards exist universally and cannot be changed
or modified by law. In many cases, universal standards stem from religious beliefs.
Natural law imposes higher standards of behavior than those required by positive.
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A. What is Business Ethics?
✓ Moral Relativism (p. 36)
Moral relativists resolve ethical dilemmas according to time and
place. They resolve ethical dilemmas by weighing competing factors at
the moment and then taking the lesser of the evils as the solution.
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B. Why is Business Ethics important ?
5. The importance of Trust (p.39)
The economical system succeeds because of trust. It is the
trust and the reliance on promises that produces good business relationships.
6. Business Ethics and Financial Performance (p.39-40)
Studies centering on a business’s commitment to values and its financial
performance suggest that those with the strongest value systems survive and do so
successfully. Poor value choices do have an effect on financial performance.
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B. Why is Business Ethics important ?
7. The importance of good reputation (p.41)
A breach pf ethics is costly to a firm not only in the financial sense of drops in
earnings and possible fine. A breach of ethics also often carries with it as lasting
memory that affects the business and its sales for years to come.
When an ethical breach occurs, businesses lose that component of trust important
to customers’ decisions to buy and invest.
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C. How to recognize and resolve ethical
dilemmas
9. Categories of Ethical Behavior (p. 45-47)
(A) Integrity and truthfulness
Trust is a key component of business relationships.
Trust begins with the belief that honesty is at the
heart of relationships. While integrity is the adherence
To one’s values and principles despite the costs and
consequences.
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C. How to recognize and resolve ethical
dilemmas
9. Categories of Ethical Behavior (p. 45-47)
(B) Promise keeping
In business, keeping promises made, regardless of whether there is a legal obligation
to do so, is a key component of being an ethical person and practicing ethical business.
Keeping promises is also evidence of integrity for example.
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C. How to recognize and resolve ethical
dilemmas
9. Categories of Ethical Behavior (p. 45-47)
(C) Loyalty – Avoiding conflicts of interest
An employee who works for a company owes allegiance to that company. Conduct that
compromises that loyalty is a conflict of interest.
For example, a conflict of interest arises when you recruit a family member without going
through the recruitment procedure or requesting for a special approval, or Sfor example
when an employee accepts a gift from a client.
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C. How to recognize and resolve ethical
dilemmas
9. Categories of Ethical Behavior (p. 45-47)
(D) Doing no harm
Imagine selling a product that your company’s internal research shows significant health
dangers to its users. Or providing a service that presents high risks for clients.
The rule of ‘do no harm’ is essential in business.
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C. How to recognize and resolve ethical
dilemmas
9. Categories of Ethical Behavior (p. 45-47)
(D) Maintaining confidentiality
Employees not only owe a duty of loyalty to their employers, but they also owe an
obligation of confidentiality. Employees should not use, employer’s work or research.
In addition, managers have responsibilities regarding their employees’ privacy.
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C. How to recognize and resolve ethical
dilemmas
Role Play
You are Sam!
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C. How to recognize and resolve ethical
dilemmas
10. Resolving Ethical Dilemmas
(A) Blanchard and Peale Three-part test (p. 48)
To evaluate situations, ask the following three questions:
Is it legal? Is it balanced? How does it make me feel?
The ethical behavior is a legal and balanced behavior that
Does not contradict the personal principles.
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C. How to recognize and resolve ethical
dilemmas
10. Resolving Ethical Dilemmas
(B) The front-page-of-the-newspaper test (p. 48-49)
This ethical evaluation helps a manager visualize the public disclosure of proposed conduct.
An employee should ask himself whether he would be willing to see his/her act described
by a reporter on the front page of the local paper?
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Individual Assignment 3
BUS 220: Business Law & Ethics
Guidelines
Semester: Summer 2020
2019-2020
Business Ethics
Individual Assignment description:
This assignment is individual and should be submitted on Moodle – A maximum of 500
words (single space).
Students are expected to read the below cases and answer the below related questions:
Case One:
During a recruitment interview, Jim has lied to the interviewer to get the job. In fact, he told
the interviewer that he has extensive experience of working in marketing while in reality he
has no experience at all. However, Jim needed that job as he was about to lose the apartment
where he is living with his family because he did not pay the rent for 4 months now. In
addition, he has a two years old baby who needs milk, diapers, and new clothes.
1.1 Is the behaviour of Jim ethical from a positive law standard? Please explain briefly (10 marks)
1.2 Is the behaviour of Jim ethical from a natural law standard? Please explain briefly (10 marks)
1.3 Is the behaviour of Jim ethical from a moral relativism approach? Please explain briefly
(20 marks)
Case Two:
You work at a welfare association as a Cash Aid Officer. Your duties include meeting with
beneficiaries (people who are in need) to review their financial situation and fill out and
process their assistance applications. You can block and speed up the process for some people
when required. Iwan, father of three children, is a very pleasant person and has recently
applied for assistance within your association. He passes by your office very often to greet
you. Sometimes he brings a small chocolate bar or some sweets. Today he comes to you and
offers you to paint your house and asks you to accept it as a sign of friendship. You have
been thinking of painting the house for a while now however you cannot afford to pay
someone to do it. You are considering if you should accept the gift.
2.1 Identify and explain the ethical dilemma in the case by linking the problematic behaviour to
only one of the ethical behaviour categories and please explain your answer. (30 marks)
2.2 Apply one of the ethical tests to resolve the ethical dilemma and decide whether accepting the
suggestion of Iwan (to pay your house as a gift) is in itself ethical or not and explain briefly. (30
marks)

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