Business And Islamic Ethics Topic: Cultural Relativism In Business Submitted to: Mr. Mehmood Ul Hassan Khalil Submitted by: Waqas Shehzad Class: BBA 5D Cultural Relativism: Cultural relativism is the view that all beliefs are equally valid and that truth itself is relative‚ depending on the situation‚ environment‚ and individual. Those who hold to cultural relativism hold that all religious‚ ethical‚ aesthetic‚ and political beliefs are completely relative to the individual within a cultural
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Utilitarianism is a moral theory that is considered to be influential in a society. A moral theory is an explanation of how the paradigms of right or wrong associated with actions‚ simultaneously explaining how one’s character can be considered good or bad. Through this moral theory known as utilitarianism‚ one’s actions play a key role. An individual who practices the utilitarian moral theory has right actions as long as it promotes happiness for the maximum number of people possible leading to
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not need laws to tell them to act justly‚ while bad people will find a way around the laws.” (Hartman & Desjardins‚ 2008‚ p. 1) How can people define good people and bad people? What factors should people perceive‚ if when they want to act justly? ‘Ethics’ can be standards or rules of morality for those people who have had a problem in choosing between different actions (Ferrell‚ Fraedrich & Ferrell‚ 2011). It is about human conduct which is choices and dilemmas. In the real world‚ people have numerous
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Utilitarianism Key Features • • • Relativist Theory – – – – – – – No Absolutes Morality Depends on individual circumstances Happiness is the most important thing Quality and Quantity of Happiness need to be taken into account The Measure of Usefulness or Fittingness for purpose an action may have Teleological Ethical theories such as Utilitarianism tend to rely on the principle of utility It is the way of measuring how useful an action is in bringing about the consequences that we desire Equality
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“Tyrant‚” should the patient be treated? Deontology clashes with utilitarianism when the patient is being diagnosed for his mysterious illness. For this situation in “Tyrant” a deontologist would say the ethical action would be to treat the patient and not based your decision on what the patient has done or plans to do. It would not be ethical to refuse him treatment or treat him wrong on purpose. Flip the roles to a utilitarianism‚ and they would say the ethical action would be the action that benefits
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of Mill’s view‚ focusing mainly on the elements that will be relevant for Mill and Kant’s ethics‚ I will discuss that Mill and Kant has the common part on consciousness and reason. I will then turn to Mill’s claim that the central claim of utilitarianism is that an action’s rightness or wrongness derives from the extent to which it maximizes (or fails to maximize) happiness. I will argue Mill’s utilitarianism is considerably more plausible than it has been thought‚ once we interpret it from the first-person
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What is cultural relativism‚ and how does the vision of ethics associated with it diverge from the traditional ethical theories? Cultural relativism is attempting to understanding and respects another culture’s beliefs and morals according to their culture and not our own. Right and wrong from one culture may not be the same in another culture. Something considered moral and right in one culture may be rude or completely immoral to another culture‚ cultural relativism says that morals are specific
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Bachelor of Science (Hons) in Accounting and Finance Module: MAN0812M – Ethics in Business and Society Individual Assignment Lecturer: Mr Darwin Joseph Q1. Shareholder theory argues that maximising shareholder interest (typically profit maximisation) will‚ via Adam Smith’s “invisible hand” tend to maximise utility because it will result in the most favourable happiness/unhappiness ratio. (On the hand) Advocates of stakeholder theory argue that all stakeholders (shareholders‚ employees
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“In the end utilitarianism is simply a moral justification for individual/group selfishness” Utilitarianism is a theory in which the quote by Jeremy Bentham applies “The greatest happiness to the greatest amount of people” which means that the best action is the one in which the most pleasure is given to the majority of people. The majority always wins rather than the minority and pleasure is the sole good whereas pain is the sole evil. On one hand this is classed as selfless as using utilitarianism
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I think Utilitarianism is the most morally right thing to do in situations where human lives are involved. I believe this because in a situation where you can either save nine humans lives but you have to kill one or you just don’t do anything and let the nine people die and one survive I think it is only logical to pick the option where you save the most lives. However some people will say that using utilitarianism shouldn’t be used because you would be regarded as a murder which is a sin and is
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