Applying virtue ethics to business: The agent-based approach By: John Dobson It ca be argued that the presence of what are in a slightly old-fashioned terminology called virtues in fact plays a significant role in the operation of the economic system. - Kenneth Arrow Introduction There are two basic approaches to integrating ethics in business: the action-based approach‚ and the agent-based approach. The traditional approach is action-based in that it focusses on developing rules or guidelines to
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“Virtue‚ then‚ is a state that decides‚ consisting in a mean‚ the mean relative to us‚ which is defined by reference to reason‚ that is to say‚ to the reason by reference to which the prudent person would define it. It is a mean between two vices‚ one of excess and one of deficiency” Aristotle’s definition of Virtue of Character but what is it really saying. Let us define it with the Socratic Definition per genus et differentia. Let us break it into the three parts genus‚ species and the differentiating
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Rosalind Hursthouse viewpoints on virtue-based ethics express how virtue ethics can provide guidance on a particular action‚ deal with moral problems or conflicts‚ and influence a range of emotions and emotional reactions (Timmons‚ 2012‚ p. 243). Hursthouse from a virtue ethics perspective‚ states that people act in accordance with duty and considers the question which character traits are virtues and explores how answers to this question can be supported by an appeal to the fact of a person’s natural
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Utilitarianism Classical Utilitarianism is a moral philosophy‚ which was developed in 19th century England by Jeremy Bentham‚ John Stuart Mill and Henry Sidgwick. The essential feature a utilitarian reside in‚ is the notion that an action is right if it produces the most amount of happiness well limiting suffering. Utilitarianism focuses solely on the consequences of the action‚ in an attempt to bring about the most happiness from each situation‚ well ensuring everybody’s happiness is equally
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Effective ethics and ethical behavior Memorandum and Report Carol Harris TO: Rebecca M. Melton‚ ABC Toy Co. CEO FROM: Carol Harris‚ Elementary Division Manager‚ ABC Toy Co. DATE: 6/5/11 SUBJECT: Product quality issue and a report on ethical decision making. This memo addresses a product quality issue with a whistle included in our toy collection. I have included a report on the importance of ethical decision
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Running head: RELATIVISM AND MORALITY Relativism and Morality Rodney L. Cotton SOC 120 Robert Neely February 21‚ 2011 Relativism and Morality In the article‚ “Some Moral Minima‚” Lenn E. Goodman raises the question‚ “if it is true that no norm can be made absolute unless some other is compromised‚ are there no rules that tell us that principles are principles – no norms delineating concretely‚ and uncompromisingly‚ wrong from right?” (Goodman‚ 2010) Goodman goes on to state that the
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judgement but yet to be true to their name ‘relativist’ they would be practising ‘do not pass judgement’ thus they are preaching to others that they should not do something in order for others to follow relativism. This concludes that relativism is self – refuting because a concept of relativism has been broken in order to follow it. This could be seen as unfair because to put relativist morality into
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Just because We Can Should We? The director of the movie Gattaca is Andrew Niccol‚ the three main characters are Vincent Freeman (naturally made)‚ Jerome E. Marrow (agent) and Anton Freeman. The movie’s about how two brothers live entirely different lives because of the way they are born. Vincent the 1st born is naturally made which he was born with a heart condition‚ and the doctors said he wouldn’t live past the age 30. The 2nd born‚ Anton‚ was genetically made which means he was made to be “perfect”
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Fish goes on to explain how Postmodernism views‚ and how to view the recent attacks through the lenses of relativism. Fish describes how the postmodernist view is that there “can be no independent standard for determining which of many rival interpretations of an event is the true one.” (Fish‚ 2001) He goes on to explain that we would not be able to justify our response to the attack to everyone universally‚ because everyone has his or her own notions of justice and truth. Throughout this piece
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What Is Ethics? Ethics is the part of philosophy that deals with good and evil. Ethics tries to answer questions like: • What actions are good? What actions are evil? • How can we tell the difference? • Are good and evil the same for everyone? • How should we make hard decisions that might help or hurt other people? The Four main studies of ethics are; • Meta-ethics‚ about the theoretical meaning of moral propositions and ethical opinions; • Normative ethics‚ an abstract set of principles
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