Business Ethics PPT
CHAPTER 2
BUSINESS ETHICS
CONCEPTS & CASES
ADITYA AKBAR
ENDRY
M SINATRYA
RIANDIKA SYACHRIAL
SELY DWIYANI
Based on Business Ethics
Manuel G. Velasquez
UTILITARIANISM
ACTIONS AND POLICIES SHOULD BE EVALUATED ON THE BASIS OF THE
BENEFITS AND COSTS THEY WILL IMPOSE ON SOCIETY.
THE ONLY MORALLY RIGHT ACTION IN ANY SITUATION IS THAT WHOSE
UTILITY IS GREATEST BY COMPARISON TO THE UTILITY OF ALL THE OTHER
ALTERNATIVES .
we begin with a discussion of apartheid-era South Africa and Caltex, an American oil company operating in South
Africa during that time. A large number of Caltex stockholders opposed the company's operations in
South Africa, and introduced a series of shareholder resolutions requiring Caltex to leave South Africa, which they saw as racist and immoral. Caltex’s management did not agree. Rather than focusing on the financial assistance they were giving the South African government, they pointed to the positive effects their operations had on black workers.
Jeremy Bentham “An action is right from an ethical point of view if and only if the sum total of utilities produced by that act is greater than the sum total of utilities produced by any other act the agent could have performed in its place.”
THE THEORY OF THE RULE UTILITARIAN,
THEN, HAS TWO PARTS, WHICH WE CAN
SUMMARIZE IN THE FOLLOWING TWO
PRINCIPLES:
1.
2.
An action is right from an ethical point of view if and only if the action would be required by those moral rules that are correct.
A moral rule is correct if and only if the sum total of utilities produced if everyone were to follow that rule is greater than the sum total utilities produced if everyone were to follow some alternative rule.
THE CONCEPT OF A RIGHT
RIGHT : an individual’s entitlement to something.
LEGAL RIGHT : an entitlement that derives from a legal system.
MORAL RIGHT : an entitlement that derives from a legal system.
Moral Rights have 3 important features:
1.
Are correlated with DUTIES.
2.
Provide
BUSINESS ETHICS
CONCEPTS & CASES
ADITYA AKBAR
ENDRY
M SINATRYA
RIANDIKA SYACHRIAL
SELY DWIYANI
Based on Business Ethics
Manuel G. Velasquez
UTILITARIANISM
ACTIONS AND POLICIES SHOULD BE EVALUATED ON THE BASIS OF THE
BENEFITS AND COSTS THEY WILL IMPOSE ON SOCIETY.
THE ONLY MORALLY RIGHT ACTION IN ANY SITUATION IS THAT WHOSE
UTILITY IS GREATEST BY COMPARISON TO THE UTILITY OF ALL THE OTHER
ALTERNATIVES .
we begin with a discussion of apartheid-era South Africa and Caltex, an American oil company operating in South
Africa during that time. A large number of Caltex stockholders opposed the company's operations in
South Africa, and introduced a series of shareholder resolutions requiring Caltex to leave South Africa, which they saw as racist and immoral. Caltex’s management did not agree. Rather than focusing on the financial assistance they were giving the South African government, they pointed to the positive effects their operations had on black workers.
Jeremy Bentham “An action is right from an ethical point of view if and only if the sum total of utilities produced by that act is greater than the sum total of utilities produced by any other act the agent could have performed in its place.”
THE THEORY OF THE RULE UTILITARIAN,
THEN, HAS TWO PARTS, WHICH WE CAN
SUMMARIZE IN THE FOLLOWING TWO
PRINCIPLES:
1.
2.
An action is right from an ethical point of view if and only if the action would be required by those moral rules that are correct.
A moral rule is correct if and only if the sum total of utilities produced if everyone were to follow that rule is greater than the sum total utilities produced if everyone were to follow some alternative rule.
THE CONCEPT OF A RIGHT
RIGHT : an individual’s entitlement to something.
LEGAL RIGHT : an entitlement that derives from a legal system.
MORAL RIGHT : an entitlement that derives from a legal system.
Moral Rights have 3 important features:
1.
Are correlated with DUTIES.
2.
Provide