Ethical decisions do not take place in a vacuum, and many people, faced with their own interests and standards, need reliable guidelines to address the moral implications of business decisions. With a unique, highly practical approach to teaching business ethics, this text focuses on the relationships among various stakeholders, including individuals, groups, corporations, and even nations. The new fifth edition includes the latest research, current cases, and practical examples to help students examine the role of ethics in today's business world, from the boardroom to the classroom. Updates also include the addition of new, real-world ethical dilemmas presenting actual encounters by managers and students; an easy, step-by-step guide to implement a stakeholder analysis; tips to help students apply ethical principles in their personal and professional lives; and comprehensive coverage of employee workplace issues and highly relevant topics such as risk management, preferential hiring, corporate legitimacy, and moral accountability. The text also explores today's increasingly interconnected global business environment with coverage of multinational corporations and important issues such as the digital divide, bribery, corruption, human rights, and the environment. This text gives students the practical tools they need to handle complex moral dilemmas in the workplace and the world. Features Cases follow each chapter to present contemporary, comprehensive, real-world (not hypothetical) business ethics scenarios covering relevant topics (such as issues related to new technologies and privacy) that engage student interest and provide realistic illustrations of essential principles of business ethics. Opening cases and/or profiles of contemporary issues begin each chapter to engage students immediately, demonstrate the impact and importance of key concepts, and show the relevance of upcoming material to students'' lives and future careers. The author masterfully and practically connects universal concepts of business ethics to concrete situations and real-world examples, enabling students to grasp key ideas without losing sight of the hands-on considerations of applied ethics.