Hilario M. Olivo Jr. Ethics and accountability 1. Explain the difference between ethics and morality. On the basis of etymology‚ there is no difference between ethics and morality. On one hand‚ ethics comes from the Greek word ethos meaning “custom”. For the purpose of knowing‚ we can define ethics as the “study of the methods and principles used to distinguished rood from bad‚ [and] right from wrong action” (Articulo‚ 2003). On the other hand‚ morality comes from a Latin word mos or moris
Premium Ethics Morality
Do most companies have an obligation to create and enforce a code of ethics? Explain why or why not. What are some specific code of ethics mentioned in the text and readings? Most companies are not obligated to create and enforce a code of ethics but it is in the best interest of the company that they do. Companies are not obligated simply because it is up to them how they enforce rules of the company. According to the text “Most professional organizations have detailed codes of conduct that specify
Premium Ethics Philosophy of life Business ethics
questions are in red‚ and the answers are in black Question 1 The nature of Theological Ethics is often misunderstood. Describe some common misunderstandings concerning what theological Ethics involves. Also provide a valid definition of Theological Ethics (33 marks) (600 words) Answer Theological ethics basically is a combination of all ethical concerns and most ethics are action based. Theological ethics encompass various religious beliefs and ideals; however the term “theological” refers mainly
Premium Ethics Morality
Morality and Ethics in Corporate World In the business world‚ both ethics and morals are a requirement in the corporate world. Employees are face with moral and ethical issues each day people behave differently because they have their own special set of morals. This essay will discuss the differences between ethical and moral issues‚ the differences between personal and business ethics as well as provide examples of common ethical problems in business for each of the abovementioned ethics. An ethical
Premium Ethics Morality
CHAPTER 1: INTRODUCTION Ethics in general is concerned with human behavior that is acceptable or "right" and that is not acceptable or "wrong" based on conventional morality. General ethical norms encompass truthfulness‚ honesty‚ integrity‚ respect for others‚ fairness‚ and justice. They relate to all aspects of life‚ including business and finance. Financial ethics is‚ therefore‚ a subset of general ethics. Ethical norms are essential for maintaining stability and harmony in social life‚ where
Premium Ethics
way of you or someone else receiving the most possible pleasure from an action‚ it would interfere with the Utilitarian way of thinking. 3. A. Unlike Kantian ethics‚ the ethics of care focus on personal dependence and relationships. This theory recognizes that people are interdependent‚ and as such should take care of one another. Kantian ethics however‚ is based on the motives behind the action and has a very rigid idea of morality. The two could not be reconciled into one‚ but they do ultimately serve
Premium Ethics Immanuel Kant Morality
Code of Ethics A code of ethics is a set of standards for professional behavior. Ethical codes are guidelines that are designed to set out acceptable behaviors for members of a particular group‚ association‚ or profession (Code of Ethics‚ n.d.). Many organizations govern themselves with a code of ethics‚ especially when they handle sensitive issues such as healthcare. Ultimately‚ a code of ethics serves as the written word declaring how professionals think of themselves‚ individually and collectively
Premium Nursing Ethics
A Framework for Understanding Organizational Ethics O.C. Ferrell‚ Professor‚ Colorado State University Organizational ethics is one of the most important‚ yet perhaps one of the most overlooked and misunderstood concepts in corporate America and schools of business. Organizational ethics initiatives have not been effectively implemented by many corporations‚ and there is still much debate concerning the usefulness of such initiatives in preventing ethical and legal misconduct. Simultaneously
Premium Ethics Morality
Ethics MGT/498 September 26‚ 2013 Ethics In business there will always be the line to act with integrity or to lie‚ cheat‚ and steal. Famous author Douglas Adams once said‚ “To give real service you must add something which cannot be bought or measured with money‚ and that is sincerity and integrity” (Heathfield‚ n.d). The priority of any business is to serve the needs and wants of the customer and more important his or her stakeholders. Any business decision made in major corporations must
Premium Business ethics Ethics Management
Managerial Ethics Personal Learning Paper This paper is a summary of my understanding of how ethics has helped base my belief system on a personal level as well as in the workplace as a professional. The learning process is perpetual and the recent class on Managerial ethics has given me new insightson how I can still hold onto my own values while remaining respectful to those whovalue different ethical perspectives.Ethics can be defined as a philosophical study of moral values based on the
Premium Morality Ethics Virtue