Business ethics is an important aspect not only of this course but

in your future careers. You will be faced with many decisions in which your ability to make a good decision is based on your ability to see how the decision affects various stakeholders as well as the business itself. Watch the following YouTube Ted Talk videos and make a paper report on ethics in business. Why Do Ethics Matter? - Shefali Roy What Really Motivates People to Be Honest in Business? - Alexander Wagner Assume you are the manager of a factory that emits waste (air pollution) through a smokestack. you have recently undergone an inspection and are within the requirements set by the EPA for the pollutants you emit. You are aware however that there is a high instance of respiratory illnesses in the area near your plant. A new "scrubber" (an air pollution control device used to remove particulates and/or gases from industrial exhaust streams) has recently become available that could reduce your emissions even further. The cost of this new equipment is $1M - not a small sum no matter how large your business is - and you will have to lay off several employees to cover that cost. The profitability of the firm may also suffer due to decreased [profits and a lowering of the stock price. Explain how you will go about deciding whether or not to add the scrubber to your stack based on the videos.

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