Business Ethics                                  Second Paper Assignment                Due: April 15

 

Ethics and Expediency in the Management of Hazards

            "Good ethics is good business" has become a popular slogan among corporate leaders, at least when they are speaking in public.  But in the business world described in Moral Mazes "good ethics" would seem to be a considerable burden.  Successful managers are 'flexible' and 'pragmatic' rather than principled. When managers object to corporate practices on the grounds that those practices are creating hazards to workers, consumers, or the environment, their colleagues and superiors regard them as 'nitpickers' who are 'not team players', and so on. (See Chapter 5) Objections to corporate practices coming from outside business -- from regulators, from environmentalists, from consumer activists, and so on -- are regarded as irrational and unrealistic attempts to undermine business and technology.  Publicly one professes deep concern for these issues, but privately one is contemptuous of those who care about them, and one does one's best to delay or water down regulations, to deny or cover up health problems, and to invest in safety improvements only when there is a reasonably quick improvement in productivity to be gained as well. (See Chapter 6, pp. 147-161)
In an article called "Business and Environmental Ethics", W. Michael Hoffman objects to the idea that "good ethics is good business" on the grounds that ethics sometimes requires sacrifice.  Sometimes ethics requires that we put other people's interests before our own.  If businesses pursue a vision of "ethics" that is based on the assumption that doing the right thing will always pay off, then their commitment to ethics will crumble when doing the right thing requires a sacrifice of the bottom line.  Good ethics, he argues, will cost us something.

            Your assignment is to write a 5-6 page essay in which you answer (at least some of) the following questions: