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Business Ethics Chpt1

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Business Ethics Chpt1
The Nature of Morality

Lesson Objectives
 Introduction: What is ethics?

What is Ethics?

 Ethics is a study of how we conduct ourselves morally in ____________________________ so that the ________________________________.

 “Ethics is a study of morality and the application of __________ to elucidate specific _______________ that determine right and wrong” (Crane & Matten 2010, p. 8).

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What is Ethics?

 “Ethics is a systematic attempt to make sense of our individual and social moral experience, in such a way as to determine the rules that ought to govern human conduct, the values worth pursuing, and the character traits deserving development in life” (DeGeorge 2010, p. 13).

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What is Ethics?

Some questions of interests in ethics ….
 Individual character  Moral rules that govern us  Questions of right and wrong  Fairness and unfairness  Good and bad  Justice and injustice  Moral responsibility
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Lesson Objectives

 Introduction: What is ethics?

How do we know that a conduct, act, behavior is ethical?

Moral Standards
 There are standards … in fashion, in grammar, in food, in movies, … etc.  Standards allow us to evaluate whether something is “good” or “bad”.  How do we know whether our conduct, act, behaviour is ethical (morally right) / unethical (immoral)?



A ethical question / moral question needs to be evaluated using _________________
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Moral Standards


 Moral standards differ from other kinds of standards because they concern behaviour that is of serious consequence to human welfare.
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Moral Standards

 Other characteristics:
a) ____________________ standards, including self interest b) Not established / changed by authoritative bodies BUT based on ________________________________ c) Moral standards are based on __________________ considerations (Rachels, cited in Velasquez, M. G. 2012, p. 12); everyone’s interests are equally important

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Moral Reasoning

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