Ethics
BBA313
DEONTOLOGICAL (NONCONSEQUENTIAL), TELEOLOGICAL (CONSEQUENTIAL), VIRTUE
ETHICAL THEORIES -
WEEK/ TOPIC 3:
Dr. Ziska Fields
HOMEWORK: (1 PAGE ONLY)
Today the Arms Procurement Commission began public hearings into what appears to be the biggest corruption scandal in the history of South Africa. Apply the Global Business Standards Codex and explain if and how the Defense Department used these principles, what they could have done differently if the Codex was applied
GLOBAL BUSINESS STANDARDS CODEX
• Fiduciary Principle (Diligence, Loyalty) • Property Principle (Protection, Theft) • Reliability Principle (Contracts Premises, Commitments) • Transparency Principle (Thruthfulness, Deception, Disclosure, Objectivity) • Dignity Principle (Respect for the Individual, Health and Safety, Privacy and Confidentiality, Use of Force, Associatiation & Expression, Learning & Development, Employment Security) • Fairness Principle (Fair Dealing, Fair Treatment, Fair Competition, Fair Process) • Citizenship Principle (Law & Regulation, Public Goods, Cooperation with Authorities, Political Noninvolvement, Civic Contribution • Responsiveness Principle (Addressing Concerns, Public Involvement)
LEARNING OBJECTIVES (TOPIC 3)
After completion of this topic, you will be able to: 1. Describe the main ethical theories and apply it to business scenarios
© iStockphoto.com/Dan Bachman
ETHICAL THEORIES
Three periods in history of ethics Greek period (500 BC-AD 500)
• The man who performed his duties as a citizen = good man
• Greeks – “Man is the measure of all things” – he decides for himself what is right and wrong • Socrates, Plato and Aristotle emphasised the need and importance of understanding the nature of goodness • Stoics emphasised that goodness is natural to man, laws of morality are the laws of nature – rational and comprehensive to human reason
ETHICAL THEORIES
Medieval period (AD 500 – AD 1500) • Attention was given to inner aspect of morality due to spread of
DEONTOLOGICAL (NONCONSEQUENTIAL), TELEOLOGICAL (CONSEQUENTIAL), VIRTUE
ETHICAL THEORIES -
WEEK/ TOPIC 3:
Dr. Ziska Fields
HOMEWORK: (1 PAGE ONLY)
Today the Arms Procurement Commission began public hearings into what appears to be the biggest corruption scandal in the history of South Africa. Apply the Global Business Standards Codex and explain if and how the Defense Department used these principles, what they could have done differently if the Codex was applied
GLOBAL BUSINESS STANDARDS CODEX
• Fiduciary Principle (Diligence, Loyalty) • Property Principle (Protection, Theft) • Reliability Principle (Contracts Premises, Commitments) • Transparency Principle (Thruthfulness, Deception, Disclosure, Objectivity) • Dignity Principle (Respect for the Individual, Health and Safety, Privacy and Confidentiality, Use of Force, Associatiation & Expression, Learning & Development, Employment Security) • Fairness Principle (Fair Dealing, Fair Treatment, Fair Competition, Fair Process) • Citizenship Principle (Law & Regulation, Public Goods, Cooperation with Authorities, Political Noninvolvement, Civic Contribution • Responsiveness Principle (Addressing Concerns, Public Involvement)
LEARNING OBJECTIVES (TOPIC 3)
After completion of this topic, you will be able to: 1. Describe the main ethical theories and apply it to business scenarios
© iStockphoto.com/Dan Bachman
ETHICAL THEORIES
Three periods in history of ethics Greek period (500 BC-AD 500)
• The man who performed his duties as a citizen = good man
• Greeks – “Man is the measure of all things” – he decides for himself what is right and wrong • Socrates, Plato and Aristotle emphasised the need and importance of understanding the nature of goodness • Stoics emphasised that goodness is natural to man, laws of morality are the laws of nature – rational and comprehensive to human reason
ETHICAL THEORIES
Medieval period (AD 500 – AD 1500) • Attention was given to inner aspect of morality due to spread of