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Business Ethics and Morality
Many in the business and sociology fields have attempted to separate the ideas of ethics and morality from religious beliefs. Researchers have worked hard at identifying the principles which hold our societies together from the viewpoint which identifies the common good, or the well-being of the individual or organization as the foundation of moral or ethical behavior. However, this humanistic approach to morality voids the central thesis of what makes moral decisions important, and possible. Moral decisions are based on a code of behavior which lies specifically outside ourselves, and is focused on building a common good on the basis of a moral understanding which is defined, and unchanging. Regardless of how broad a sociological perspective one takes, when morality is separated from an unchanging definition of right and wrong, the foundation changes from rock to sand, only waiting for the next sociological revolution...
Religious belief is the foundation of morality, and living up to a standard, rather than lowering ourselves to the least common denominator is the purpose of moral behavior.
C2. Utilitarian decision making is based on gaining the greatest good for the greatest number of people, and using the frame of reference as a definition of right, or good behavior. In many cases, this is an effective measure of ethical behavior. For example, if a person steals from a business finances, and the result is a collapse of the organization (i.e. Enron) the utilitarian basis for evaluation holds true. The few made decisions which benefited them, but the majority of people were harmed. Therefore the decision to steal was wrong. However, because this is based on human rationale rather than on unchanging moral…
Business Ethics Focus on Merrill Lynch According to Laura Hartman and her co-writer, Joe Desjardins in the work entitled "Business Ethics: Decision Making for Personal Integrity & Social Responsibility" philosophical ethics may be clearly differentiated from theological ethics because theological ethics attempted to disseminate the well-being of an individual on a religious basis while the ethics of an individual's philosophy is such that provisions of justifications that can be applied to
D.). When a company deals with its purchasing in unethical ways, it cannot suppose its suppliers to be trustable associates and guarantee business continuity. If one doesn't align with something, they shouldn't expect others to do it either. This weakens the entire value chain making it less aggressive in the market. Hence it is important for both buyer and supplier to connect in ethical dealings in their transactions (Ethical Buying or
2). These are important issues because fire chiefs are routinely confronted with actual ethical dilemmas that involve conflicting or competing public and private values as well as corresponding conflicting professional responsibilities (Haraway & Kunselman, 2009). This point is also made by Pammer and Killian (2003) who cite the expanded responsibilities of both fire chiefs and line personnel in recent years. According to these authorities, "A successful fire chief today
Business Ethics Ethical Egoist- Egoism can be either descriptive or normative. Descriptive egoism holds that for each individual, there is only one ultimate aim -- survival and the betterment of the sole individual based on their own hierarchical principles. Normative egoism has the individual making claims about what should be done to do the "right" thing, rather than what one does. As well, ethical egoism insists that for an action to
Thus high relativistic individuals and low idealistic individuals were likely to view slavery as a necessary evil to accomplish the goals set by society, while high idealistic individuals were perturbed by the harm that slavery caused to the slaves. The concepts of relativism and idealism apply in business setting as well. Business ethics can be defined as written and unwritten codes of principles and values that govern decisions and actions
Business Ethics Ethics is a very significant issue in all businesses because it illustrates the moral values of any given business, according to an article in the peer-reviewed International Journal of Business Administration. This paper reviews and critiques the article. Authors Aytac Gokmen and A. Turan Ozturk present a study of business ethics issues in both domestic and international businesses. Review / Critique of Article The authors posit that ethical behaviors in an