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Business Ethics

Gain valuable insight into the ethical landscape and learn to recognize, identify, and be prepared for common ethical "traps.

"Most businesspersons truly intend to act with honesty and integrity, but the ethical landscape can be more complicated than most can foresee. Ethical landmines await the unwitting and the unprepared. Ethical dilemmas occur when competing values are involved or when multiple stakeholders have diverging interests. Ethical standards may pull in opposite directions. No option satisfies all ethical needs. There is more bad news. The decision to act ethically often carries a high personal price. Ethical conduct and a need for courage are frequently inseparable. It is hard to act ethically when you are the one who will pay the cost of integrity, but it can be even harder when a co-worker or family will suffer. Ethics education must be an ongoing and committed part of any business. Future business leaders must be trained to recognize and confront difficult ethical issues. This topic will scan the ethical landscape and help businesspersons to recognize, identify, and be prepared for common ethical "traps." It will survey ethical foundations, general principles of ethical business behavior, business and employees, business and customers/public, and business and investors.

Runtime: 89 minutes
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Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Ethical Foundations

  • The Definition of Ethics
  • The Nature of Ethical Dilemmas
  • A Few Examples
  • Codes of Ethics
  • The International Context of Ethics

General Principles of Ethical Business Behavior

  • Why Ought Businesses to Act Ethically?
  • Corporate Culture
  • Examples of Corporate Responsibility
  • Truth Telling
  • Loyalty
  • Corporate Ethics Programs

Business and Employees

  • The Question of Workplace Respect
  • Privacy
  • Discrimination, Diversity and Affirmative Action
  • Harassment
  • Due Process
  • Workplace Safety
  • Property Rights and Theft

Business and Customers/Public

  • Advertising and Marketing
  • Fair Pricing
  • Competition and Antitrust
  • Product Safety
  • Government and Business

Business and Investors

  • Accounting Principles
  • Securities Trading
  • Corporate Governance
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Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

Applications have not yet been submitted for Delaware, Idaho, Kentucky, Maine, New Hampshire, Ohio, Oklahoma, South Carolina, and Wyoming CLE for this course. However, if you are interested in obtaining CLE for any of the listed states or have any additional credit questions please email us at [email protected] or call us at 866-352-9540.

This course was last revised on December 20, 2019.

Call 1-866-352-9540 for further credit information.

  • AL CLE 1.5
     
  • This course or a portion thereof has been approved by the Alabama State Mandatory Continuing Legal Education Commission for a maximum of 1.5 hours credit.
     
  • IL CLE 1.25
     
  • This course was approved for a total of 1.25 hours of MCLE Credit by the Illinois MCLE Board.
     
  • WA CLE 1.5 including Other 1.5
     
  • This program has been approved by the Washington State Board of Continuing Legal Education for 1.5 hour(s) of A/V credit, including 1.50 hour(s) of credit in the "Other" category.
     
  • WV MCLE 1.8 including Law Office Management 1.8
     
  • This program has been approved by the West Virginia State Bar MCLE Commission for 1.8 MCLE hours, including 1.8 hours of law office management credit.
     

To earn each credit Lorman offers through the OnDemand learning platform, you need to watch 100% of the program. Also, for certain credits you will need to fulfill additional requirements which will be displayed on the "credits" tab when viewing the course.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

MP3 Download

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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More Program Information

Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

William J. Russell, J.D., M.B.A.

William J. Russell, J.D., M.B.A.

Northwest Nazarene University

  • Served at NNU as professor of business law and business ethics
  • Taught ethics, law and entrepreneurship in graduate and undergraduate programs
  • Served as general counsel, assoc. vice president for advancement, executive director for community & governmental relations, assoc. Dean of the College of Business, assistant to the president, and director of the NNU M.B.A. program
  • 2010 recipient of the International Award for Teaching Excellence from the Accreditation Council for Business Schools and Programs (ACBSP), members include 650 institutions from 40 countries
  • Practiced law as a civil litigator in Boise for 16 years, and then joined Gulf Resources & Chemical Corporation (an NYSE company) and its subsidiary as general counsel and vice president
  • Left Gulf and after two years in a consulting practice at KPMG Peat Marwick founded an international consulting company with clients worldwide, which assisted over 70 large U.S. and international companies with nonlitigated solutions to specialized complex business disputes
  • He sold his company to join NNU
  • During a recent 18 month hiatus from NNU, he served as vice president for Transacction Partners, a cloud-based business financial outsourcing company which worked for churches, nonprofit, and profit organizations
  • Consulted with major corporations and international and local organizations on strategic planning, risk management, governance, and other business matters
  • Most popular speaking topic is “Thinking Like Warren Buffett,” a topic which he has been invited to address over three dozen times
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Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

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Product ID: 406970
Published 2019
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