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    The Ethics of Business: A Zondervan Digital Short
    The Ethics of Business: A Zondervan Digital Short
    The Ethics of Business: A Zondervan Digital Short
    Ebook55 pages49 minutes

    The Ethics of Business: A Zondervan Digital Short

    By Scott Rae

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    About this ebook

    Derived from Scott B. Rae’s widely adopted textbook, Moral Choices, this digital short looks carefully at economic life in the Bible and at a range of economic and business issues including wealth, materialism, work, calling, capitalism, human resources management, product safety, and more. Rae covers moral and theological principles for a biblically ordered economic life, and also includes cases and questions for further discussion. The Ethics of Business thus provides a wise and well-grounded introduction to an everyday ethical question for Christians, namely, “How can I best serve God in my work and finances?”

    LanguageEnglish
    PublisherZondervan
    Release dateApr 10, 2012
    ISBN9780310496465
    The Ethics of Business: A Zondervan Digital Short
    Author

    Scott Rae

    Scott B. Rae (PhD, University of Southern California) is professor of Christian ethics at Talbot School of Theology, Biola University, La Mirada, California.

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      Book preview

      The Ethics of Business - Scott Rae

      ZONDERVAN

      The Ethics of Business

      Previously published in Moral Choices

      Copyright © 1995, 2000, 2009 by Scott B. Rae

      All rights reserved under International and Pan-American Copyright Conventions. By payment of the required fees, you have been granted the non-exclusive, non-transferable right to access and read the text of this e-book on-screen. No part of this text may be reproduced, transmitted, downloaded, decompiled, reverse engineered, or stored in or introduced into any information storage and retrieval system, in any form or by any means, whether electronic or mechanical, now known or hereinafter invented, without the express written permission of Zondervan.

      EPub Edition JANUARY 2012 ISBN: 978-0-310-49646-5

      Requests for information should be addressed to:

      Zondervan, Grand Rapids, Michigan 49530

      The Library of Congress has cataloged the original edition as follows:

      Rae, Scott B.

      Moral choices: an introduction to ethics / Scott B. Rae—3rd ed.

      p. cm.

      ISBN 978-0-310-29109-1 (hardcover)

      1. Ethics. I. Title.

      BJ1012.R32 2009

      170—dc22                                                                                         2009005151

      All Scripture quotations, unless otherwise indicated, are taken from the Holy Bible, New International Version®. NIV®. Copyright © 1973, 1978, 1984 by International Bible Society. Used by permission of Zondervan. All rights reserved.

      All Scripture quotations marked TNIV are taken from the Holy Bible, Today’s New International Version™. Copyright © 2001 by International Bible permission of Zondervan. All rights reserved.

      Scripture quotations marked KJV are taken from the King James Version of the Bible.

      Scripture quotations marked NASB are taken from the New American Standard Bible. © Copyright 1960, 1962, 1963, 1968, 1971, 1972, 1973, 1975, 1977, 1995 by The Lockman Foundation. Used by permission.

      Any Internet addresses (websites, blogs, etc.) and telephone numbers in this book are offered as a resource. They are not intended in any way to be or imply an endorsement by Zondervan, nor does Zondervan vouch for the content of these sites and numbers for the life of this book.

      All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means—electronic, mechanical, photocopy, recording, or any other—except for brief quotations in printed reviews, without the prior permission of the publisher.

      Cover design: Ron Huizinga

      Interior design: Matthew Van Zomeran

      Contents

      Copyright Page

      The Ethics of Business

      The Ethics of Business

      Think about all the companies that have been associated with ethical scandals in the past few years—companies like Enron, Countrywide, and AIG. The collapse of many banks and mortgage companies that led to the financial crisis in 2008–9 contributed to a general sense that these industries lost their way and failed to serve the community. There is a widespread perception in the general public that the business community has lost its moral compass and that greed is the overriding principle governing how business is done. Business ethics is widely considered an oxymoron.

      But the excesses and scandals of the past few years have also made people realize that ethics does matter and that doing business in the right way morally makes a difference. A special issue of Business Week was devoted to 25 Ideas for a Changing World. At the top of the list of these ideas was the idea of integrity. As they put it, Trust, fairness and integrity matter, and they matter to the bottom line.¹

      The intersection of ethics and economics, particularly in an increasingly global economy, raises substantial issues that are current in public discussion and are commonly considered a matter for politicians and public policy as well as managers and executives. These issues include the following:

      Outsourcing of domestic jobs to foreign countries

      Sweatshops with subsistence wages and questionable working conditions

      The use of child labor

      Widely variable environmental standards around the world

      Global climate change

      Economic justice in the distribution of the world’s resources, such as food, energy, and health care

      Resurgence of slavery and human trafficking worldwide

      Then there are issues related to business ethics, such as information disclosure/bluffing; issues in sales, marketing, and advertising relating to truth in marketing, product safety, environmental ethics, and corporate social responsibility; issues in accounting and finance related

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