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Business ethics is an important aspect not only of this course but in your future careers.You will be faced with many decisions in which your
Business ethics is an important aspect not only of this course but in your future careers.You will be faced with many decisions in which your ability to make a good decision is based on your ability to see how the decision affects various stakeholders as well as the business itself.Watch the following YouTube Ted Talk videos and make a paper report on ethics in business. Why Do Ethics Matter?- Shefali Roy What Really Motivates People to Be Honest in Business?- Alexander Wagner Assume you are the manager of a factory that emits waste (air pollution) through a smokestack.you have recently undergone an inspection and are within the requirements set by the EPA for the pollutants you emit.You are aware however that there is a high instance of respiratory illnesses in the area near your plant. A new "scrubber" (an air pollution control device used to remove particulates and/or gases from industrial exhaust streams) has recently become available that could reduce your emissions even further. The cost of this new equipment is $1M - not a small sum no matter how large your business is - and you will have to lay off several employees to cover that cost. The profitability of the firm may also suffer due to decreased [profits and a lowering of the stock price. Explain how you will go about deciding whether or not to add the scrubber to your stack based on the videos
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