...Ethics is based upon the fundamentals of moral decisions. Therefore, ethics to help us understand how to decide what is right and wrong. Ethics is to guide us to make better choices and to be better people. When working with ethics, ethicist can’t just make us a list to help us with decisions that we stumble upon. Although, ethicist can start with a list and look for the definitions. Which leads us to the trolley and surgeon problems; these are two thought experiments in ethics. First, let’s start with the trolley problem is it better to kill one rather than five. For example, this scenario is there is a trolley racing down the railway tracks. Ahead, on the tracks, there are five people tied up and unable to move off the tracks. The trolley is headed straight for them. You are standing some distance away from the train yard, next to a...
Words: 802 - Pages: 4
...Definitions proposed by R. T. De George (Business Ethics, 2010, seventh edition) Morality covers those practices and activities that are considered importantly right and wrong, the rules that govern those activities, and the values that are embedded, fostered, or pursued by those activities and practices. Ethics is the study of morality. It is a systematic attempt to make sense of our individual and social moral experience, in such a way as to determine the rules that ought to govern human conduct, the values worth pursuing, and the character traits deserving development in life.  Responsibility as a key concept of contemporary morality Although often used, the term is rarely explained in the business ethics literature. Max Weber 1919: separates the ethics of conviction from the ethics of responsibility. Walter Schulz 1972: defines responsibility as „self-commitment originating from freedom in worldly relationships,“ maintaining the polarity of responsibility (with an inner and an outer pole). Responsibility includes three components:  Subject: Authority: Contents: Who is responsible? To whom is one responsible? For what is one responsible? Viktor E. Frankl in “Man’s Search for Meaning“ (1984): “Freedom is only part of the story and half of the truth. Freedom is but the negative aspect of the whole phenomenon whose positive aspect is responsibility. In fact, freedom is in danger of degenerating into mere arbitrariness unless...
Words: 254 - Pages: 2
...It is not always easy to explain and define what are ethics. What is ethically right and what is unethical? What one think is ethically right might someone else think is unethical. The difference is sometime the evaluation and the principles which are different between cultures. When companies do business between different culture there will often be conflicts because of different ethical values. Some circumstances can be very difficult when companies stand against a very good contract but at the same time it violates their conscience. It is not always easy to evaluate what is right and what is wrong when you have very good contract and at the same time you are not sure if it is the right thing to do. The word ethics has it’s roots in the Greek word ethos, which means “customs,” “conduct,” or “character”( The Free Dictionary) Ethics is concerned with the kinds of values and morals an individual or society finds desireable or appropriate ( Northouse, 2010). Other say, when they think of what is ethic they mention the „ golden rule“ from the Bible which says in reverse version “Do unto others as you would have them do unto you” and the ethical theory point out that as system of rules or principles is that which helps us to make decision about what is good or bad and what is right and wrong in curtain situation ( Northouse, 2010 When it comes to what is costume or and what is norm in one country we compare it with the custom in our country and then we evaluate and compare the...
Words: 587 - Pages: 3
...far greater emissions on the actual road. This whole situation can be split into two parts: the illegal programing of diesel engines, and the decision of Liang to plead guilty and tell the world of his mistakes. Upon examining the actions of the design team, an ethical analysis can be made with two different ethical theories. The first theory to consider is utilitarian theory, which takes into account consequences of all involved when deciding the morality of the decision. The second theory to relate to this case study is Kantian ethics, otherwise known as duty ethics. Kantian ethics focuses on whether moral decisions are made to fulfill our duty....
Words: 911 - Pages: 4
...has in the recent past, raised concerns in all aspects of day to day living. Consequently, over the years a number of definitions and connotations have been associated with this concept, so as to apply it in different professional settings. Particularly, different professions have adopted various codes of ethical; conduct centered on sustainable development. Accordingly individuals working in various sectors constantly seek to adhere to these codes of conduct within their mandates. The engineering sector is one such area where the concept of sustainable development is regarded as a key tenet guiding ethical conduct among engineers. This paper traces the history of the concept of sustainable development and how it is practically incorporated into the engineering profession. Further, this paper examines the current Engineers’ Code of Ethics and how it addresses the issue of sustainable development. There have been various definitions regarding the concept of sustainable development. However, all these definitions revolve around the concept of need and limitation. The all time famous definition was one brought forward by the world Commission on Environment and Development in 1987 that termed sustainable development as, ”development that satisfies present needs without undermining the ability of future generations to satisfy their own needs.”. This definition was further modified in 2002 at the world summit on sustainable development held in Johannesburg to incorporate key development...
Words: 1734 - Pages: 7
...between personal ethics and business ethics. Then I will provide examples of common ethical problems in business for ethical issues, moral issues, personal ethics and business ethics. An ethical issue can be mirrored closely with a moral issue. According to Trevino and Nelson (2007), ethics can be defined as “a set of moral principles or values,” a definition that portrays ethics as highly personal and relative pg 13. Does that definition sound familiar? According to Merriam-Webster the definition of moral is “of or relating to principles of right and wrong in behavior: ethical”. An ethical issue has to be evaluated as a set of standards that most people deem as right or wrong however, a moral issue has more to do with the belief of an individual person of right or wrong. Ethical issues and moral issues are like walking a fine line therefore, making these issues differ is rather its personal or business. The term ethics can be described both in personal and business. Personal ethics is something that is a moral principle of a person’s belief. Ethics can be defined as “a set of moral principles or values,” a definition that portrays ethics as highly personal and relative (Trevino & Nelson, p. 13, 2007). This is based upon the personal ideals of what’s right or wrong. The choices that we make and the consequences behind them play a role in personal ethics. What are your personal values, morality, principle, virtues and belief? All these will determine personal ethics compared to...
Words: 595 - Pages: 3
...Organizational Design & Business Ethics: A Literature Review Abstract A review of the current literature regarding business ethics was conducted analyzing scholarly peer-reviewed articles about business ethics and their relation to leadership, managerial decision making, corporate social responsibility and overall corporate structure. Increased corporate scandals and the discovery of a rise in unethical business practices have thrown the topic of business ethics into the spotlight. Organizations are expected by their stakeholders to implement strong ethics within their corporate structure and culture. This expectation could be accomplished through strong ethical leadership, formal structures and regulations that place emphasis on ethics, and by making a commitment to corporate social responsibility. Using these guidelines will help organizations overcome the various challenges allowing the business to build a strong ethical foundation that will ultimately benefit the company through increased customer and employee satisfaction, which could result in increased profits, organizational sustainability and social status. The review of the literature reveals that there is still plenty of room for exploration on the topic of business ethics and particularly with the topic of ethical leadership. It is recommended that more focus be placed on understanding the influence of strong ethical leadership within an organization and how this influence flows down the organizational...
Words: 6417 - Pages: 26
...Professional Values and Ethics Name Gen 200 Instructor Name Date Team B Professional Values and Ethics Values and ethics are irreplaceable in the business world. Businesses live or die by their ethical reputations. It is very important to understand the importance of professional ethics and how they influence career success. Definition The simplest and most effective place to begin a discussion of ethics and values is with clear, concise, and generally accepted definition of the term values. Ethics are "a set of principles of conduct... that guide decision making and behavior" (uslegal.com, 2009). Values are "a set of principles or ideals that drive and/or guide your behavior" (essentiallifeskills.net, 2009). The philosophies and definitions of ethics and values appear closely related. Individuals and organizations’ Ethics and values appear internally driven and developed. Ethics can be thought of as a code of conduct derived from the value system. Environmental factors influence and determine ethics and values. These factors Include culture, physical environment, and peers. Ethics and values may not always...
Words: 893 - Pages: 4
...Social Responsibility and Business Ethics serve a role in Corporations? NorthCentral University Abstract When you turn on the television, surf the internet or browse the Wall Street Journal the terms – business ethics and social responsibility are discussed. Recently, the Gulf coast oil spill has questioned the social responsibility of British Petroleum. However, can the terms business ethics and social responsibility apply to corporations? A review of two articles - “What is business ethics?” by P. Drucker and “The social responsibility of business to increase its profits written” by M. Friedman evaluates the two ethical terms. These articles suggest both business ethics and social responsibility should not apply to corporations. The focus of this paper will compare and contrast two approaches to business ethics. The conflicting objectives between the two parties will be analyzed. Lastly, my view and definition of business ethics and social responsibility will be conversed. Research for this paper consists primarily of peer reviewed articles and published articles. Should Social Responsibility and Business Ethics serve a role in Corporations? During the twenty- first century, businesses are confronted with many different responsibilities. Each responsibility must be address while ensuring obligations to stakeholders, special interest groups, employees and the environment. Businesses are expected to have very strong ethics, but often this is not the case. ...
Words: 1274 - Pages: 6
...Professional Values and Ethics S. Michelle Gudger, Donna Verstraete, Jared Snow, Todd White GEN-200 August 29, 2011 Jeni Smith Professional Values and Ethics The dictionary defines ethics as: the study of standards of conduct and moral judgment; moral philosophy ("Define ethics," 2011). Philosophers who think about ethics usually try to live by an ethical code, while the people who set up a code of ethics often study and think while they are doing so ("Define ethics," 2011). According to this definition, ethics can be one of two things: it can be a code that you follow and live by, or it can be something that you study and think about. Of course in our daily life it has a chance of being both. Ethics is not an easy word to define. Almost everyone wants to live an ethical life, but knowing what that means is not as simple as it sounds. Being that life is not that simple sometimes people come across what writers would call “ethical dilemma”. When a situation comes up and two ideas might seem ethical, it might be hard to choose which answer is correct. Some “ethical dilemmas” may have little consequences: for example, is it right to tell a lie when someone asks “does this dress make my butt look to big or was my steak to tough? The dilemma is what to do, lie or risk hurting the persons feeling? There is no easy answer to these questions because it depends on your definition of ethics! In sociology, the definition for values is believed to help ease the conflict between...
Words: 1078 - Pages: 5
...Ethics ETH/316 University of Phoenix December 1, 2011 Ethics Ethical development is an important tool needed in today’s society. In this paper, the topic will discuss the similarities and differences between virtue theory, utilitarianism, and deontological ethics. In addition this papers topic will address how each theory addresses ethics and morality in relation to the authors’ personal experiences with virtue, values, and moral concepts. Similarities and Differences in Ethics Theories To understand the similarities between virtue theory, utilitarianism, and deontological ethics the first order is to define the meaning of each. According to Boylan (2009), virtue theory has a definition of cultivating excellence in life and constituting an aspect of the “good person” (Boylan, 2009). Utilitarianism according to Boylan (2009),” is a theory that suggests that an action is morally right when that action produces more total utility for the group than any other alternative” (p. 153). Deontological ethics have a definition as an analysis of reason, this analysis position decisions based for the morally justified good. The similarities between the three theories represent the good in people and how they strive for excellence and justified good. The differences in the three theories begin with the ethics and morality. Virtue theory describes a person’s character, cultivating “excellence in all we do” (Boylan, 2009, p. 43). Striving for excellence can be challenging at times by...
Words: 639 - Pages: 3
...Ethics Essay Steven L. McClain ETH/316 April 14, 2014 Aaron Rawls Ethics Essay Ethics has many definitions that are similar, so I decided to choose what I thought would fit it best. According to "Business Dictionary.com" (2014), "The basic concepts and fundamental principles of decent human conduct. It includes study of universal values such as the essential equality of all men and women, human or natural rights, obedience to the law of land, concern for health and safety and, increasingly, also for the natural environment” (para. 1). This definition sums up ethics well for me, but I believe that morals have great influence on ethics and thus I feel a definition of morals is needed. Bernard (2002), "Morality (from the Latin moralities "manner, character, proper behavior") is the differentiation of intentions, decisions, and actions between those that are "good" (or right) and those that are "bad" (or wrong)” (para. 1). So now we have the informalities out of the way, we can get to what we really want to talk about, which is the difference between virtue theory, utilitarianism, and deontological ethics. Rainbow (2002), "The virtue ethical theory judges a person by his character rather than by an action that may deviate from his normal behavior. It takes the person's morals, reputation and motivation into account when rating an unusual and irregular behavior that is considered unethical” (Virtue). Basically this definition states that someone’s past is used as a criteria...
Words: 523 - Pages: 3
...Critical Thinking and Ethics Critical Thinking and Ethics Critical Thinking and Ethics go hand in hand. A person’s thoughts and ideas, what allows them to think critically are shaped by their beliefs, values, and experiences. Those personal beliefs, values, and experiences form a person's ethics. Their ethics affect their thought process at all levels. Critical Thinking When defining critical thinking, finding an agreed upon definition was not a cut and dry task. “Librarians acknowledge that there is little agreement concerning the definition of critical,” (Cody, 2006) Robert Weissberg defines critical thinking as "The ability to use reason to move beyond the acquisition of facts to uncover deeper meaning." (Weissberg, 2013) I agree this is an accurate definition of critical thinking. The critical thinking process uses these three strategies, Check your attitudes, Check for logic, and Check the evidence to allow you to use all six types of thinking types to look at the question from more than one answer. Ethical Lens When using the Ethical Lens Inventory, I found that my preferred lens is the Results Lens. The results lens maintains that I listen to my intuition to determine the greatest good for each individual. My Core Values are Autonomy and Sensibility. These values state my belief that protecting the rights of an individual is the best way to assure that everyone is treated fairly. I believe the best results are achieved by examining each situation. Rather...
Words: 515 - Pages: 3
...me knocked-out most of the day. Please remember that I’m given extra time on assignments via the Kaplan University office of student disabilities. Abstract This term paper for unit two review three articles, Ethics Consultation in United States Hospitals This term paper also defines 8 financial terms. Keywords: Balance sheet, Shareholder Equity, EBITDA, EBITDAM, Financial Ethics, Financial Benchmarking, Financial Trend Analysis, and Ratio Analysis. Unit 2 Term Paper Business ethics is the appropriate business guidelines and customs regarding debatable issues, like the way a CEO runs his company, illegal stock trading, corruption, business social and monetary obligations. The government’s authorities frequently enforce business ethics, still there are times when businesses alone will use a straightforward structure that organizations can abide by so that they simply may benefit the public interest (investopedia.com, 2013). Article Review The first article chosen for this assignment, is Betsy Gallup’s article Ethics Are an Important Part of Running a Health-Care Facility, and she explains ethics as having three components: independence, integrity and objectivity (2009). The article continues by explaining ethics in the healthcare sector; as patients’ at a healthcare facility or hospital we expect to receive fair and ethical care from the facilities medical professionals attending to us. One expects the same ethical behavior...
Words: 1921 - Pages: 8
...Ethics Ethical development is an important tool needed in today’s society. In this paper, the topic will discuss the similarities and differences between virtue theory, utilitarianism, and deontological ethics. In addition this papers topic will address how each theory addresses ethics and morality in relation to the authors’ personal experiences with virtue, values, and moral concepts. Similarities and Differences in Ethics Theories To understand the similarities between virtue theory, utilitarianism, and deontological ethics the first order is to define the meaning of each. According to Boylan (2009), virtue theory has a definition of cultivating excellence in life and constituting an aspect of the “good person” (Boylan, 2009). Utilitarianism according to Boylan (2009),” is a theory that suggests that an action is morally right when that action produces more total utility for the group than any other alternative” (p. 153). Deontological ethics have a definition as an analysis of reason, this analysis position decisions based for the morally justified good. The similarities between the three theories represent the good in people and how they strive for excellence and justified good. The differences in the three theories begin with the ethics and morality. Virtue theory describes a person’s character, cultivating “excellence in all we do” (Boylan, 2009, p. 43). Striving for excellence can be challenging at times by deciding what is the most choice worthy decision in life. Utilitarianism...
Words: 293 - Pages: 2