Subject/Course: ENTREPRENEURSHIP
Unit Name: BUSINESS ETHICS
Idaho Entrepreneurship Standards and Learning Indicators

Mgmt_8.1

Mgmt_8.2

Mgmt_8.3
Pacing: 1-2 weeks
CCSS ELA
CCSS Reference: Site specific
standard from CCSS or TIA
document; several standard
references applicable to this unit
should be clustered together.
Overarching Understanding(s)
Essential Questions

Define ethics and discuss the importance of ethics in personal, social,

Why are ethics important in personal, social, and business decisionand business decision-making.
making?

Define a code of ethics, develop a code of ethics, and apply of ethics

What is an example of a personal code of ethics?
to various issues confronted by businesses.

How have businesses adapted to changing values?

Examine the role of social responsibility in decision-making

What is the dilemma posed by the need for business to grow and the
need to protect the natural environment?
Student-Friendly Learning Target Statements
Knowledge, Reasoning, or Skill

I know the definition of these terms: Code of ethics, corporate governance, corporate responsibility, philanthropy,
Targets
social entrepreneurship, proactive, ethics, bribes, dumping, conflict of interest, norms, values, telecommute,
“What I need to know.”
sustainability, recycling, stakeholders
“What I can do with what I

I can discuss the importance of ethics in personal, social, and business decision-making.
know.”

I can explain the importance of trust for the successful conduct of business.
“What I can demonstrate.”

I can describe a personal code of ethical behavior.

I can give examples of unethical behavior in higher prices for consumer (i.e., insurance fraud)

I can explain how unethical behavior leads to governmental regulations.

I can describe how and why different cultures have different ethical systems.

I can describe a business code of ethics.

I can determine appropriate action in situations requiring application of business ethics.

I can identify ethical considerations resulting from technological advances.

I can identify ethical considerations affecting consumers.

I can select the best ways to handle confidential information.

I can define social responsibility.

I can discuss the long-term impact of practicing social responsibility.
Performance Targets:

I can research examples of business codes of conduct.
“What I can make to show my

I can write a code of personal ethical behavior.
learning.”

Project: “My own business”, Burrow J. and Kleindl J., 2008, Business Management, p. 191
Materials for Lesson Planning
Materials/Resources

AOF Business Management Lesson 11: Ethics for Entrepreneurs
Vocabulary

Code of ethics, corporate governance, corporate responsibility, philanthropy, social entrepreneurship, proactive,
ethics, bribes, dumping, conflict of interest, norms, values, telecommute, sustainability, recycling, stakeholders
Subject/Course: ENTREPRENEURSHIP
Teacher Notes
Unit Name: BUSINESS ETHICS
Pacing: 1-2 weeks
Humbert, Philip E. “Top 10 Principles for Positive Business Ethics.” EzineArticles, http://ezinearticles.com/?Top-10-Principlesfor-Positive-Business-Ethics&id=8015 (accessed March 4, 2013).
“Labour conditions in IKEA’s Supply Chain.” Centre for Research on Multinational Corporations, http://somo.nl/publicationsen/Publication_1677 (accessed March 4, 2013).
McNamara, Carter, PhD. “Complete Guide to Ethics Management: An Ethics Toolkit for Managers.” Free Management
Library, Authenticity Consulting, LLC, http://managementhelp.org/ethics/ethxgde.htm (accessed March 4, 2013).
Rossiter, Kelly. “Tea Time: Educating a Workforce.” TreeHugger.com,
http://www.treehugger.com/files/2009/04/tea_time_educating_a_workforce.php (accessed March 4, 2013).
“Social responsibility.” Wikipedia, http://en.wikipedia.org/wiki/Social_responsibility (accessed March 4, 2013).