Ethical Theories in Business Environment Patriot Rustani Kaplan University Ethical Theories in Business Environment The Energy Corporation is a non-profit organization dedicated to providing to the community. Our organization is made of 400‚000 members as I am a part of the board of directors. One of the directors has asked to address himself as a director of the Energy Corporation to personal potential clients. I have been asked to review this matter. Before giving the rest
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Ethical Theories- Pros and Cons Katherine Bryson ETH/316 October 15‚ 2012 Mark Cobia Ethical Theories- Pros and Cons The similarities between the virtue theory‚ the utilitarianism theory and deontological theory are that they all support good and responsibility. Virtue theory not only concentrates on how an individual acts but also what a person should strive to be‚ for example a religious figure may personify perfection when in the public when they really should strive for that perfection
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organisation’s corporate culture is supposed to be characterised by ethical behaviours for it to make decisions that are more likely to be socially responsible rather than motivated solely by making profits. Organisations that are committed to long term success recognise and realise that creating a culture where ethical behaviours are rewarded and encouraged is the ultimate key to survival and growth. This paper aims at outlining three ethical theories and to evaluate how business ethics have been violated in
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Ethical theories and business Introduction When it comes to determining a set of rules‚ guidelines or principles to follow in the business industry‚ many will agree that it is difficult for everybody to agree on one due to the complexities of dealing with human nature. Therefore‚ to a certain extent‚ the field of business ethics tries to come up with solutions to handle problems that arise within the business environment. On the contrary belief‚ one should not be confused with the meaning of morality
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Kant applied his famous and first formula‚ namely the Formulas of Universal Law (FUL) and the Formula of Law of Nature (FLN) to four famous examples of maxims contrary to duty‚ in his major works (the Groundwork‚ Metaphysical of Moral and Critique of Practical Reason)‚ supports the thought that Kant’s ethical theory might be understood as a constructivist under the standard model. Wood puts this connection as follows:
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varies with the customs and the beliefs of the family. Ethical relativism is one of the philosophical theories that assert that the vindication of morality is relative to one’s culture. The fact that whether an action or value is morally upright is dependent on the norm of the society. The action proven as morally upright in one society can be proven as wrong or right with another. This underscores a critical discussion on the theory of ethical relativity according to Pojman. The philosophy
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Kant’s Theory of Ethical Duty: A Deeper Look Immanuel Kant‚ one of the most significant and popular theorists‚ was also one of the last key philosophers of the Enlightenment period. Existing ethical assumptions are being deduced using this ethical theory of duty‚ which argues that the when an action can be supported and willed by practical reason and universal law‚ it is the right action. Kant did not believe that just mere virtues can measure ethics. Looking
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Criticisms leveled against Ethical Theories 1. Criticisms leveled against Consequentialism. Consequentialism is based on the consequences of actions. It is sometimes called a teleological theory‚ from the Greek word telos‚ meaning goal. According to consequentialism‚ actions are right or wrong depending on whether their consequences further the goal. The goal (or‚ "the good") can be something like the happiness of all people or the spreading of peace and safety. Anything which contributes to
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of Teleological Ethics 1. Utilitarianism – Utilitarian moral theory is classical utilitarianism‚ 2. Varieties of ancient Greek virtue ethics – Aristotle Ethics is an Example a. The goal of ethics is to explain how one achieves the good life for human beings. There are only two basic kinds of prescriptive moral theories: teleological theories‚ deontological theories TELEOLOGICAL ETHICAL THEORIES Teleological moral theories locate moral goodness in the consequences of our behavior and not
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MGMT 6213 Mr. Nash from DAC faces some though ethical decisions same as CEO from Seglin article “How to Make Tough Ethical Calls”. If I was in Mr. Nash’s shoes I would disclose the information about biohazards and radioactive waste to Fledging industries as I considered couple of ethical theories: RDCAR‚ consequentialist theory‚ some of the categorical imperative statements and New York Times theory. The problem is that both Mr. Nash and CEO from Seglin article want to
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