LESSON 1 ACTIVITY Business Ethics WebQuest and Rubric Introduction Business ethics focuses on what constitutes right or wrong behavior in the world of business and on how moral and ethical principles are applied by businesspersons and companies to situations that arise in daily activities in the workplace. These principles are based on our value systems, which ultimately determine the choices we make as a result of a decision making process. Note that business ethics is not a separate kind of ethics. The ethical standards that guide our behavior in our personal lives apply equally well to our activities as individual businesspersons and corporations as a whole. Task This WebQuest focuses on business ethics as it relates to corporate and organizational codes of ethics and/ or values. Businesses are not required to adopt a code of ethics for its management and employees, but today’s corporate environment has brought virtue, morals, and doing the right thing in general to the forefront of the global economy. In this WebQuest, students will research current information about codes of ethics used by today’s corporations. As a result of this WebQuest, students will better understand the role of ethics in the corporate setting, and learn how to effectively implement their own codes of ethics. Resources 1. The Ethics Resource Center- www.ethics.org The Ethics Resource Center (ERC) is a nonprofit, nonpartisan educational organization whose vision is a world where individuals and organizations act with integrity. The mission of the Ethics Resource Center is to strengthen ethical leadership worldwide by providing leading-edge expertise and services through research, education and partnerships. 3. The American Marketing Association- www.marketingpower.com The American Marketing Association’s website, MarketingPower.com, supplies marketing professionals and AMA members with the information, products and services required to succeed in their jobs and careers. Process 1. Choose a teammate. 2. Research The Ethics Resource Center (See Resources Section). Click on “Search” and type in “corporate codes of ethics” in the search box. 3. Choose a Fortune 500 company from the list of the Top 100 provided in the resources link (See Resources Section). Research your Fortune 500 company’s code of ethics. Find the company’s corporate website, and search for its code of ethics and/ or corporate values section. Read the information in this section. 4. Go to the American Marketing Association’s website. (See Resources Section) Search for the organization’s Code of Ethics and read the Preamble, the General Norms, and the Ethical Values sections. 5. Using Microsoft Word, type a research report discussing the correlation between the Fortune 500 company’s code of ethics and/ or corporate values and the American Marketing Association’s Code of Ethics. In the introduction of the report, discuss your research findings from The Ethics Resource Center in regard to codes of ethics used in corporations. In the body of the report, list each of the Fortune 500 company’s corporate ethics and values along with the American Marketing Association’s Ethical Values. Also, discuss and define each of the American Marketing Association’s Ethical Values and whether the Fortune 500 company addresses each of these, and how it does so according to its own Code of Ethics. Each AMA Ethical Value should be used as a heading in your report. Each section should consist of at least one paragraph. 6. Put your names on the rubric provided, and staple it to the front of your research report and turn in to the class folder. Conclusion In line with the international trend, Americans are holding the management of large public corporations to greater ethical accountability. The scrutiny covers a broad spectrum of stakeholders so that a company’s effect on its employees, customers, vendors, franchisees, the environment and the communities in which it operates is emerging as an important benchmark of corporate performance. At the same time, corporate directors and senior managers are paying greater attention to the importance of intangible corporate assets like a highly motivated workforce, trustworthy suppliers, a loyal customer base and, most important, a reputation for fair dealing. Ultimately, the emphasis on corporate ethics can provide a more productive workforce and an increased profit margin. Evaluation Name _________________________________________________ Date ___________ WEBQUEST 1 2 3 SCORING RUBRIC Criteria Does the report respond to the topic? Does the report discuss specific information from The Ethics Resource Center as it relates to corporate Codes of Ethics? Does the report demonstrate understanding of the Fortune 500 company’s Code of Ethics and the American Marketing Association Code of Ethics? Is the work organized? Does it have each AMA Ethical Value as a heading within the report with information in paragraph form? Does the report sufficiently discuss the specific correlations between the Codes of Ethics of the Fortune 500 company and the American Marketing Association? 4 The report is incorrect, incomplete, or off topic. The report does not discuss the required content. The report addresses the topic, but does not follow through. The report discusses some specific content, but does not convey basic concepts. The report addresses the topic but does not fully cover it. The report mentions specific points of content but fails to elaborate (define and/or give examples). The report addresses the topic and covers it in logical sequence. The report meets the teacher objectives for the assignment. The report lacks the required content. The report lacks content knowledge/does not convey basic concepts. The report mentions specific points of content but fails to elaborate (define and/or give examples). The report meets the teacher objectives for the assignment. The report lacks organization and is incomprehensible. The report has no headings and contains disconnected sentences or paragraphs. The report is organized but lacks examples and elaboration in regard to the criterion required. The report has adequately presented content and meets teacher expectations. The report lists the Codes of Ethics for the Fortune 500 company and the American Marketing Association, but does not address correlations for AMA Ethical Values The report lists the Codes of Ethics for the Fortune 500 company and the American Marketing Association, and discusses specific correlations for some AMA Ethical Values. The report lists the Codes of Ethics for the Fortune 500 company and the American Marketing Association, and observes and discusses specific correlations for most AMA Ethical Values. The report lists the Codes of Ethics for the Fortune 500 company and the American Marketing Association, and observes and discusses specific correlations for all AMA Ethical Values.