ETHICS While the text-book definition of Business tends to focus on a primary goal of Profit, it

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Question:

ETHICS
While the text-book definition of Business tends to focus on a primary goal of Profit, it seems that major socio-economic forces are making businesses rethink the importance of Ethics in the Business environment.

Recent surveys show that an overwhelming majority (92%) of Millennial Consumers are more likely to buy products from ethical companies, and 82% of those consumers believe ethical brands outperform similar companies that lack a commitment to ethical principles. Many companies now think that a corporate dedication to the greater good instead of solely to their bottom lines will see a remarkable surge in support and overall success.

READINGS
Read the following two Forbes articles to get an understanding of what ethical concerns may exist in business, as well as how the Millennial and Generation Z populations feel about business and ethics:
"How Much Do a Company's Ethics Matter in the Modern Professional Climate? "Links to an external site.
"Millennials Driving Brands to Practice Socially Responsible Marketing "Links to an external site.
QUESTIONS TO CONSIDER: As you read the articles above, reflect on the questions below. No need to write out your answer, just be prepared to incorporate it into your Reflection.

What do the two articles say about Companies and their view on Ethics in Business?
How does your personal experience -- as well as that of people which you interact with -- compared to what the Forbes articles present?
Survey results continue to state that consumers will reward companies that behave ethically with their business. Do you believe this to be true? Do you personally patronize companies that are socially and ethically responsible?
Read the following article about Microsoft employees striking in protest of alleged unethical practices by the company against the Global Climate.

"Microsoft employees are protesting the company’s ‘complicity in the climate crisis"

QUESTIONS TO CONSIDER: As you read the article above, reflect on the question below. No need to write out your answer, just be prepared to incorporate it into your Reflection. What is your opinion of the situation? Do you believe the employees were justified in their position? What role should ethics play in business?

YOUR REFLECTION
Write and submit answers to the following questions. Your answers should be approximately 1-2 paragraphs per prompt question:

Refer to the ethical situation regarding Thomas and Rose and you, where Thomas and Rose is getting a divorce and Thomas who is your close friend requested you to help him to hide expensive equipment of the company in order to hurt Rose rights. What did you learn about ethical decision-making frameworks and how you personally make ethical decisions?
As a consumer, what have you learned about your behavior towards companies based on their level of ethical (or unethical) behavior? Refer to Amazon, how unethically could a company behave before it stands to lose your business? What factors would affect your decision to stop patronizing a business?
As an employee, with respect to ethics, what kind of company would you be willing to work for? What kind of corporate behavior would cause you to leave your job? What factors would affect your decision to stop working for a business?
As a business owner, how would ethics come into play when leading your business towards success? How much might you bend or break ethics in exchange for business success? What factors would affect your decisions to pursue business success?