Values & Ethics in Business X420 Discussion Session #80 Kelley School of Business Values Abstract ideals that shape an individual’s thinking and behavior – a moral compass Instrumental values – certain way of behaving is appropriate in all situations – “means”. Terminal values – enduring belief in the attainment of a certain end state – “ends”. A moral compass These abstract ideals can result from Religion Philosophy Family teachings Instrumental values As the means to an
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Cultural Values and Personal Ethics Paper "Without civic morality communities perish; without personal morality their survival has no value." Bertrand Russell‚ British mathematician and philosopher (1872-1970) Good‚ bad‚ right‚ wrong‚ moral‚ immoral. In researching a definition of values‚ one happens across all these terms. So how does one decide? How are values shaped and identified not to mention adhered to? One consistent definition that could be given is: "values are ideals that
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COURSE OUTLINE SESSION : DECEMBER 2013 DEPARTMENT : DEPARTMENT OF COMMERCE PROGRAMME : DIPLOMA IN MARKETING LECTURER : NOR ZARINA BINTI PITDIN CLASS : DPM 5A COURSE BUSINESS ETHICS COURSE CODE PB503 CREDIT 3 SYNOPSIS BUSINESS ETHICS is about relationships‚ values‚ justice‚ and culture (personal‚ professional‚ corporate‚ national and global). It also provides a basic framework for examining the range of ethical issues arising from a business context. This course also
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which we addressed are Kantian Ethics‚ Utilitarianism‚ and Virtue Ethics. A strong argument could be made for each theory‚ but one sticks out as the best and most reasonable theory of ethics. Kantian Ethics is the best universal theory of ethics‚ as it allows for individual rights and is specific enough to follow. Kantian ethics stresses individual rights‚ reason‚ and motivation for actions. Immanuel Kant believed that each person
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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
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My Perception of Personal Ethics and Professional Ethics: Ethics plays a vital role in shaping moral health of a person‚ a society‚ a government‚ or a corporate. Laws‚ and legislation however much necessary‚ will never fashion the attitude and character of a person‚ but ethics will. The sense of accountability to all stake holders‚ fair treatment to all in interpersonal relationships‚ integrity‚ and honesty are the parameters that characterize ethical behavior. Business sustainability demands
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900089073 The four noble truths are one of the features that distinguish Buddhist ethics most from Western ethics. The truth of suffering is the problem that Buddhism tries to solve. The universe is strongly affected by suffering and the causes of suffering. The Buddha assumed that suffering is a bad thing. No such thing in Western ethics mentions that suffering is bad. There is no problem to be solved. If you love headaches then don’t bother taking aspirin‚ if you don’t‚ then you may consider taking
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Organisational Ethics Ethics is a system or code of moral standards of a particular person‚ group or profession. The operative word is ’system’. A ’system’ can be a set of facts‚ principles or rules arranged in an orderly form. When we make a decision we balance competing priorities‚ values and perceived obligations in order to make something better than it was. We can make things better by improving something good‚ making something less bad or reducing uncertainty. A good decision may not be
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TAITA TAVETA UNIVERSITY COLLEGE (A constituent college of JKUAT) NELSOON OGUDHA OWINO HD:231-C001-0040/2011 BUSINESS ETHICS ASSIGNMENT DUE ON 15TH July‚ 2013. TO MR PANUEL. QUEST:A case on business finance is clear and persuasive. Business Ethics refers to written and or unwritten accepted code of conduct‚ principles‚virtues and values that govern decision making and actions within an organization. Every business deals with customers of diverse traits‚ cultures‚ personalities e.t.c. therefore
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Examine the key ideas of Situation Ethics (21 marks) Situation ethics is the idea that people should base moral decisions on what is the most loving thing to do. It emerged as an alternative approach to Christian ethics in the 1960s‚ although its Christian ethos is vital for understanding the theory. It is most commonly associated with Joseph Fletcher and Robinson and it surfaced at a time when society and the Church were facing drastic and permanent change. Women occupied an increasingly prominent
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