[회사 이름 입력] Ethical Decision-Making in Business THE302 Business Ethics Ms. Ariane Lellmann Due Date: 31/May/2012 Student ID: 201212068 2045 words Executive Summary In one of two dilemmas Mr. Owen is facing‚ he decided not to inform the guests about the construction. In narrow view‚ he is responsible for profit maximization for his shareholders. Even though he was not honest to his guests‚ his action is considered as morally right since different situation makes different
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Chapter-1 (Nature of Ethics) Ethical Dilemmas The quandary people find themselves in when they have to decide if they should act in a way that might help another person or group‚ and is the “right” thing to do‚ even though doing so might not be in their own self-interest. A dilemma may also arise when a person has to decide between two different courses of action‚ knowing that whichever course he or she chooses will result in harm to one person or group even though it may benefit another. The ethical
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Ethical and legal obligation of business Introduction Business ethics: It is a form of applied ethics or professional ethics that examines ethical principles and moral or ethical problems that arise in business environment. It applies to all aspect of business and is relevant to the conduct of individuals and entire organization. Ethics is mainly concerned with what is good versus bad‚ what is right versus wrong. Deontology is an ethical theory that holds that actions are right or wrong independent
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Chapter 1‚ Introducing Business Ethichs What is business ethics? Business Ethics (BE) has been called an oxymoron. By an oxymoron‚ we mean the bringing together of two apparently contradictory concepts. The statement also suggests that there are not‚ or cannot be‚ ethics in business. However‚ there appears to be good reason to suggest that business ethics as a phenomenon‚ and as a subject‚ is not an oxymoron. Whilst there will be disagreements about what exactly constitutes “ethical” business
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As we grow and become an adult that is able to form our own opinion is almost like a rite of passage because reading over the six steps almost seems like I have been a part of each step at some point in my life. When I was growing up I think relating to Stage 1: The Punishment and Obedience Orientation was definitely part of my life. Of course we don’t want to get in trouble as kids so generally we recognize that the authority will provide a severe enough punishment that will stop us from doing whatever
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An analysis of the Importance of Aristotle’s Virtue Ethics on Contrast to Mill’s Pleasure Principles in Utilitarian Philosophy This philosophy paper will discuss the importance of Aristotle’s argument for virtue ethics in contrast to Mill’s Utilitarian theory on the happiness of the individual. Mill’s theory of happiness is dependent on the happiness of the individual‚ as long as that individual does not harm other people in society. For example‚ the happiness of an individual is perfectly acceptable
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1. ETHICS‚ VALUES‚ AND ATTITUDES Ethics is a set of beliefs about right and wrong behaviour. Ethical behaviour conforms to generally accept social norms. Ethics is a philosophical study of the moral value of human conduct and of the rules and principles that ought to govern it. A social‚ religious‚ or civil code of behaviour considered correct‚ esp. that of a particular group‚ profession‚ or individual. Under this is: * A virtue is a Habit that inclines people to do what is acceptable.
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What is Ethics Is the set of beliefs about right and wrong behavior. It is certainly a subject that is used in discussions about how we should live‚ what is right and wrong and what we mean when we use words like right and wrong‚ good and bad. Ethical Behavior – conforms to the generally accepted social norms‚ many of which are almost universal. A persons opinion of what represents an ethical behavior is strongly influenced by a combination of: 1. Family influences
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presents ETHICAL THEORIES SLIDE 1 – INTRODUCTORY SLIDE Ethical theories provide part of the decision-making foundation for Decision Making When Ethics Are In Play because these theories represent the viewpoints from which individuals seek guidance as they make decisions. Each theory emphasizes different points – a different decision-making style or a decision rule—such as predicting the outcome and following one’s duties to others in order to reach what the individual considers an ethically correct
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“it is a person that is the source of value. A person is of infinite worth‚ and what a person has‚ what a person does‚ what a person believes‚ what a person enjoys are all dependent upon the person’s and the person’s autonomy. Kant says that the virtues themselves evenness of temper‚ patience‚ can be turned evil if they are used for evil” (O’ Sullivan & Pecorino‚ 2002). By the words of Kant it would seem that he believes that people have the ability to be good and bad but the choice between good
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