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Copyright © 2019
M. S. Thirumalai
Publisher: M. S. Thirumalai, Ph.D.
11249 Oregon Circle
Bloomington, MN 55438
USA
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Introducing a Book:
Business Ethics: Ethical Decision Making & Cases 12th Edition
by O. C. Ferrell, John Fraedrich and Linda Ferrell
M. S. Thirumalai, Ph.D.
 Courtesy: https://www.amazon.com
This book gives extremely useful guidelines as to how business administrators at all the levels could make ethical decisions. Business and business administration are overly complex with many issues: profit making, ensuring quality product, meeting legal provisions, timely distribution, employee issues, and so on. The book presents concepts, processes and best or acceptable practices. The goal is to enable the administrators at all levels to always include and consider ethical values in all their decisions. The suggestions, processes and steps suggested are valid and should be applied even in street corner stores, road construction stages, and so on. We can list any number of our activities that involve monetary considerations which should be guided by ethical considerations. There are simulation guides, and every one of us pursuing business administration positions or opening some business or trade will benefit by the guidelines, exercises, quizzes etc., offered by this textbook.
The book is divided into 5 parts.
Part 1 offers “An Overview of Business Ethics.”
Part 2 discusses “Ethical Issues and the Institutionalization of Business Ethics.”
Part 3 is given the title “The Decision Making Process.
Part 4 “Implementing Business Ethics in a Global Economy”
Part 5 is a particularly important part of this book. It offers 20 Cases for us to intensively study and identify the elements of unethical business practices and work out remedial steps.
This is only the beginning part of the article. PLEASE CLICK HERE TO READ THE ARTICLE IN PRINTER-FRIENDLY VERSION.
M. S. Thirumalai, Ph.D.
msthirumalai2@gmail.com
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