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Lecture Business and society - Chapter 9: Business Ethics and Technology

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Contents: Technology and the Technological Environment, Characteristics of Technology, Technology and Ethics, Information Technology and Biotechnology.

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Chapter 9

Business Ethics and Technology

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Learning Outcomes

1 Discuss the role that technology plays in our business

lives.

2 Gain an understanding of the technological

environment and the characteristics of technology that influence business ethics and stakeholders.

3 Identify the benefits and side effects of technology in

business.

4 Gain an appreciation of society’s intoxication with

technology and the consequences of this intoxication.

5 Learn to differentiate between information technology

and biotechnology and their ethical implications for

management.

6 Identify the ethical issues involved in biotechnology and

present arguments on both sides of the issues.

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Business Ethics &

Technology

• We live in an age dominated by

advancing technology Each new

generation experiences technological advances that were not seen by

previous generations

• The new generation of young people is

called the iGeneration Technology is part of their DNA, and they have no

“off-switch.”

• Technology is at the core of most

businesses, but it is a two-edged sword

• Despite many positive advances, there

are new problems and challenges

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Technology and the Technological Environment

Technology -

•The totality of the means employed to

provide objects necessary for human

sustenance and comfort.

•A scientific method used to achieve a

practical purpose.

Technological environment

-•The total set of technology-based

advancements or progress taking place in society

© 2015 Cengage Learning 6

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•Made labor easier and safer

•Results in a higher standard of living.

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Side Effects of Technology -

Technology has some unanticipated side effects:

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Challenges of Technology

-• New technologies present many

challenges to managers, organizations and society

• Some side effects cannot be forecast or

overcome

• Overcoming technological determinism

that seems to be driving society today

would be helpful

• New technology is primarily available in

the developed world Developing nations enjoy few of the benefits of technology available in developed nations © 2015 Cengage Learning 9

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Technology and Ethics

• Our perspective is to raise ethical

questions that may be related to

business development, and the use of technology

Two Key Issues

• Technological determinism

-• The idea that what can be developed will

be developed.

• Ethical lag

-• Occurs when the speed of technological

change far exceeds that of ethical development.

© 2015 Cengage Learning 10

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Society’s Intoxication with Technology

The symptoms of Society’s intoxication

-1 We favor the quick fix.

2 We fear and worship technology.

3 We blur the distinction between what is real and what is false.

4 We accept violence as normal.

5 We love technology as a toy.

6 We live our lives distanced and distracted The solution - Find the right balance.

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Information Technology

12

© 2015 Cengage Learning

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E-Commerce as a Pervasive Technology

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Invasion of Consumer

Privacy via E-Commerce

Cookies -

•Identification tags that Web sites drop on our personal computer hard drives so they can recognize repeat visitors the next time

we visit their Web sites

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The Workplace and Computer Technology

privacy:

Computers

-•Monitoring website connections

•Storing and reviewing employee computer files

•Blocking access to inappropriate websites

Telephone

-•Monitoring time spent, numbers called

•Taping phone conversations

Video

-•Video surveillance against theft

•Surveillance to monitor employee performance © 2015 Cengage Learning 17

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Ten Commandments

of Computer Ethics

18

© 2015 Cengage Learning

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Biotechnology

-•Involves using biology to discover, develop, manufacture, market, and sell products and services Biotechnology is striving to heal, heal

fuel

fuel, and feed the world feed

Bioethics

-•A field that deals with the ethical issues

embedded in the commercial use of

biotechnology.

•Proceduralism is the primary tool for

bioethicists It is using protocols to ensure that classical safeguards are not violated.

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Realms of Biotechnology

20

Genetic Engineering

Genetically Modified Foods

© 2015 Cengage Learning

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Genetic Engineering

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Genetically Modified Foods

(GMFs)

• Also referred to as genetically

engineered foods (GEFs)

• Fear over health and environmental

effects; critics call them “Frankenfoods.”

• Many U.S crops are genetically

• Most Americans consume genetically

modified foods every day.© 2015 Cengage Learning 22

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Labeling of GMFs

-• Safety of GMFs is not in question,

according to scientific research

• But one of the most frequently discussed

issues with GMFs is labeling

• FDA does not mandate GMF labeling in

the U.S

• The Non-GMO Project believes that

people have the right to make informed choices about whether they consume

GMF products

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• genetically modified foods (GMFs)

• technological environment

• technology

• therapeutic cloning

© 2015 Cengage Learning 24

Key Terms

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