Business Ethics Homework Assignment #1 1. What is Business Ethics? 2. Why is Business Ethics Important today? 3. Does Business Ethics differ from personal Ethics? 4. Why is it often difficult to behave ethically in business? 5. Discuss the relationship between ethics and the law. 6. What is meant by the term ?Globalization?? 7. What are the 2 main causes of increasing globalization over the past 50 years? 8. Discuss the ethical challenges raised by globalization. 9. What is ?Sustainable Development?? 10. What are the most important ?Best Practices? associated with Sustainable Development? 11. Discuss the meaning of the term ?Race to the Bottom?. 12. In the GAP case studied in class why did the Gap choose to establish a Vendor Code of Conduct (VCC)? 13. What were the main elements of the VCC and how did the GAP ensure that suppliers lived up to the terms of the VCC? Sample Format: 1. What is Business Ethics? Type your answer in paragraphs. Please double space your sentences. 2. Why is Business Ethics Important today? Type your answer . . . give examples where is possible
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