...Business Ethics: Appreciation & Criticism for Ethical Theories Danielle Bouchal Chesapeake College November 10, 2013 Abstract In this essay, one will be educated on the four ethical theories discussed in “Business Law: the Ethical, Global, and E-Commerce Environments”. According to the text, these theories include the rights theory, justice theory, utilitarianism, and profit maximization (2013). Not only does appreciation for these fundamental theories exist, but criticisms of each theory are also present. As they are theories, they can neither be considered accurate or inaccurate; therefore, as opinions among the population differ, agreements on these theories may or may not be made (Mallor et al, 2013). Rights Theory Rights Theory can be explained as a moral theory, one based on the fundamental idea that each individual has their rights, which creates the “justifying basis of obligations” (Beauchamp and Bowie, 2009). A person’s rights are closely tied to the morality that his or her society permits, ensuring social liberty and all other benefits an individual with rights is allowed. According to the two authors of “Ethical Theory and Business”, rights have in a sense evolved from what human beings are granted as “natural rights”. These belong to everyone simply because they...
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...Ethics and ethical theories: a road map for teaching ethics in business schools Joan Fontrodona (IESE Business School, Spain), Manuel Guillén (University of Valencia, Spain), and Alfredo Rodríguez-Sedano (University of Navarre, Spain) Introduction A three-dimensional framework to explain ethical theories Ethical approaches of business firms Teaching ethics experiences using this framework Discussion of the teaching experiences Conclusions References 1 2 6 9 10 12 13 Introduction This paper tries to contribute, in some way, to the urgent need recently warned by Benedict XVI: “the university, for its part, must never lose sight of its particular calling to be a "universitas" in which the various disciplines, each in its own way, are seen as part of a greater unum. How urgent is the need to rediscover the unity of knowledge and to counter the tendency to fragmentation and lack of communicability that is all too often the case in our schools!”1 This seems to be a challenge for both, Catholic and non-Catholic universities. The purpose of this paper is to present a theoretical framework that helps to conceptualize ethics and to clarify the characteristics and limits of the different ethical theories. In other words, students without philosophical background will find here a synthetic “road map” of ethical approaches. This framework has been previously published in a book in Spain2. In this paper, authors will describe the model and discuss how it has been successfully tested...
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...Ethics and Organizational Design- A Literature Review Abstract This literature review observes the views of organizational design and business ethics as they relate to one another in business. The first portion of this paper defines organizational design and business ethics to establish their importance and also examines managerial ethics and corporate social responsibility, sources of ethical principles. The second portion pursues to explain the relationship between business ethics and organizational design and how managers shape ethics through use of value-based leadership and formal structure systems. The third portion pursues to review the importance of ethics to organizational design and the structures that support or enforce ethical behavior in organizations. The fourth portion links literature reviewed and published over the past few years together based on their reference to ethics and organizational design. The literatures are linked together based on commonalities found in the opinions of the authors relating to a spiritual perspective, ethics and corporate structure, organizational and ethical theories, and ethical strategy. Last but not least, the review concludes with a summary of the important role that ethics plays in the organizational design and structure of a business and how it applies to members of management. Keywords: business ethics, organizational design, corporate social responsibility Outline INTRODUCTION I. Organizational Design/Business...
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...BUSINESS ETHICS 'COLLECTIVE ACTION PROBLEMS' IN PARTICULAR HOW MUCH RESPONSIBILITY DOES AN INDIVIDUAL MANAGER HAVE FOR THE ETHICAL CULTURE OF HIS/HER ORGANISATION? Ram Visvanathan Business Ethics May 28, 2014 Introduction. Ethics is very important for the prosperity of any organization. Every employee or stakeholder of an organization has got an important role to play in nurturing an ethical culture in an organization. This research paper discusses the level of responsibility that an individual manager has in the ethical culture of his or her organization. This is done with close attention to academic journals and research. The paper will derive its arguments from veteran theories like the Utilitarian and the Kantian theories. The paper will also relate its discussions with the case study about Enron a USA company that collapsed as a result of unethical behavior in the management. Some of the components that will be highlighted in the paper include; the importance of an ethical culture in an organization, the dangers of lack of ethics in an organization and the strategies that can be used to promote ethics in an organization. Justification of the research. The study of the role of individual managers in the ethical culture of an organization is a justified venture. This is because of the increased calls for ethical behaviors in organizations. The expectations of the staff and the society at large on ethical behaviors have increased tremendously...
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...Ethical Theories Virtues, ethics, and morals are what define people as good or bad, their actions as right or wrong. American society holds one’s virtues in high regard and often evaluates one based on virtue and moral conduct. Virtue by definition is, “the quality or practice of moral excellence or righteousness” (Collins English Dictionary, 2010). Thomas Mallory offered the most ethical character in fiction, Lancelot. It is his virtue that “Is an essential aspect of his success in arms” (McCarthy, 1988, p. 22). Virtue ethics and ethical relativism, studied by learned philosophers, help define the basis of right and wrong. Major Elements According to Aristotle, morality is a specific attribute of a person with regard to his or her own inner harmony. Aristotle explained moral attributes in the terms of one’s lucid ability of the inner self to manage its appetite for portion. He asserted that moral attributes are erudite and should be practiced to become habit (Athanassoulis, 2010, para 2). According to the textbook, “virtue is a state of character, that of being a good person” (Freeman, 2000, p. 88). Moral theories concern right and wrong behaviors; but virtue ethics change the kind of questions asked about ethics. Major elements in the theory of virtue ethics are the subjective behavior, qualities and habits that can lead the individual to make choices. This theory helps the individual to ask about right and wrong and how genuine fulfillment may be reached (Freeman...
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...INTRODUCTION In ethics, consequentialism is explain that an action should be judged right or wrong on the basis of their consequences. Consequentialism theory is also known teleological moral theories. Which teleological word is from Greek ” Telos”,means “end” and ” logos” means “science”. This theory of morality derives duty or moral obligation from what is good or desirable as an end to be achieved. This general approach can be applied at different levels to different normative properties of different kinds of things, but the most prominent example is consequentialism about the moral rightness of acts, which holds that whether an act is morally right depends only on the consequences of that act or of something related to that act, such as the motive behind the act or a general rule requiring acts of the same kind. ( www. plato.stanford.edu) Consequentialist, have two major theories that is ethical egoism and utilitarianism. Both these theories agree that human beings ought to behave in ways that will bring about good consequences. They differ, however, in that they disagree on who should benefit from these consequences. The ethical egoist essentially says that human beings ought to act in the interest of all concerned. ( Jacques P. Thiroux , Keith W. Krasemann) The rough idea behind ethical egoism is that the right thing to do is to look out for own self-interest. That’s mean we are morally required only to make ourselves as happy as possible and have...
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...Ethics Essay Sharon Batts ETH/316 February 10, 2014 Professor Heller Ethics Essay Ethical growth is an important instrument needed in today’s society. Virtue, deontological, and utilitarianism theories have similarities and differences. Each theory relates to morals and ethics in precise ways, just as virtue, values, and morality have a precise relationship with one another. Virtue theory relates to ethics by identifying the character of a person as honorable, dependable, loyal, honest, or as untrustworthy, deceiving, careless, or self-serving. Basically a person is described as “good” or “bad”, or a mixture of both. People develop character throughout life as a mirror image of his or her morals. Virtue ethics define a person’s character more so than his or her actions. The downside of this theory is that it does not make allowance for good people who make bad mistake (Garrett, 2005). A teenager may give into peer pressure to steal a car. The teen may have high morals and ethics, but made a foolish decision. Virtue theory defines the teen as a bad person rather than as a good person who did a bad act. The next ethical theory, utilitarianism, focuses on determining the choice for the actions and the choice made depends on the course of action that has the best consequences for that person. The actions of a person are believed to be morally correct or incorrect based only on the outcome of the actions. Therefore, if the result is good, the action is morally right. On...
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...Gregory B. Sadler President and Founder, ReasonIO Ethics in Business Education Project Copyright Gregory B. Sadler, 2011 Goals and Scope of this Workshop Ethics can be complicated – in reality it often is Important to be clear and pragmatic about workshop Limited goal here: designed to help Business faculty with one specific skill/knowledge area Presumes only most basic knowledge about Ethics The Key Question: What Do You Need to Know To Assess Students’ Knowledge and Application of Ethical Theories? EB EP Copyright Gregory B. Sadler, 2011 What Do You Need to Know To Assess Students’ Knowledge and Application? You need basic understanding of each ethical theory You need to know what to look for in student responses You don’t need to be in agreement with any of these ethical theories You don’t need to know whether these theories are ultimately correct or not You don’t need to be concerned with other “big picture” issues, e.g. the origin of ethics EB EP Copyright Gregory B. Sadler, 2011 What We Are Going To Cover Five Ethical (families of) Theories Each articulates a particular perspective on good and bad, right and wrong Basic Principles / Key Terminology Important Variations in that family What to look for in student responses Knowledge of theory Application of theory EB EP Copyright Gregory B. Sadler, 2011 Five Theories Egoism the self and its needs Utilitarianism ...
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...Ethics Essay Rukiya Parsons Ethics and Social Responsibility / 316 09/03/2015 Larhonda Jones Ethics Essay Ethics is defined as the study of moral philosophy that involves systematizing, defending and recommending concepts of right and wrong conduct as it pertains to habit or custom. The ethical theory focuses on the actions or character of an individual in relation to an ethical situation or issue. When I think of ethics I automatically am drawn to the conclusion of something being considered right or wrong based on cultural rules, while on the other hand when judging the morality of a situation I will almost always base my decision on personal values of what I consider to be just. This paper will compare the similarities and differences of ethical theories as it relates to ethics and morality. Consequential Theories “Consequential theories base morality on the results or outcomes of behaviors. Actions with good consequences are morally right; actions with bad consequences are morally wrong.” (Nicholas Manias, 2013, Ethics Applied, p.113) Utilitarianism An ethical theory that is almost self-explanatory, concluding that the best moral action results in optimal use or “utility” in an individual producing more good in a situation than bad for great numbers. As stated in the reading, happiness vs. unhappiness and the outcome of happiness proves to be morally ethical. Non-consequential Theories “Non-consequential theories base morality on factors other than...
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...RUNNING HEAD: Ethical Theories Ethical Theories and Practices Antoinette McIntosh ETH/316 September 24, 2012 University of Phoenix There are different types of ethical theories. Ethical theories help to find how a person should act towards another or in a situation. The various types of ethical theories helps people define what is right and what is wrong and how we make those assumptions. Although the three main theories of ethics have the same purpose they are different from one another. The virtue theory is the ethical theory also called character ethics is based on the moral of what is ethical. It is based on personal belief and feeling of character. It “describes the character of a moral agent as a driving force for ethical behavior, rather than rules (Wikipedia, 2012). Virtue ethics is character based and focuses on helping people develop a better character trait. According to the text (2009), virtue ethics “take the viewpoint that in living your life you should try to cultivate excellence in all that you do and all that others do. These excellences or virtues are both moral and non-moral.” It deals with the moral character of a person rather than what is the more ethical thing to do or what society expects from them. Utilitarianism states that something is morally right if it is for the greater good of all. It is most often used in the United States government because of the principle of satisfying...
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...www.elsevier.com/locate/ijproman E-ethical leadership for virtual project teams Margaret R. Lee * Capella University, 225 South Sixth Street, Minneapolis, MN 55402, United States Received 30 March 2008; received in revised form 21 May 2008; accepted 27 May 2008 Abstract This paper presents a review of current literature on ethical theories as they relate to ethical leadership in the virtual business environment (e-ethics) and virtual project leadership. Ethical theories are reviewed in relation to virtual project management, such as participative management, Theory Y, and its relationship to utilitarianism; Kantian ethics, motivation, and trust; communitarian ethics, ethic of care and egalitarianism; Stakeholder Theory; and the use of political tactics. Challenges to e-ethical leadership are presented and responses to these issues discussed. The conclusion presents four propositions for future research. The purpose of this paper is to identify secondary literature on e-ethics and how this new area of business ethics may affect the leaders of virtual project teams. Ó 2008 Elsevier Ltd and IPMA. All rights reserved. Keywords: E-ethics; E-leadership; Virtual project management; Virtual teams; Project management; Ethics; Project leadership; Ethical project leadership; E-ethical project management; Sensitive material; Code of conduct; Social isolation; Virtual community; Stakeholder involvement 1. Introduction The need for ethical leadership in project teams has always...
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...EXAMINATION TITLED (ETHICAL THEORY CRITICISM) COURSE MAC 851 APPROACHES TO THE STUDY OF MASS COMMUNICATION LECTURER MR. JIMMY KAYODE WRITTEN BY AKIYODE ESTHER OLADUNNI MATRIC NO 01/09/AV/4018 TABLE OF CONTENT INTRODUCTION DEFINITION ETHICAL PRINCIPLES • BENEFICENCE • LEAST HARM • RESPECT FOR AUTONOMY • JUSTICE ETHICAL THEORIES • DEONTOLOGY • UTILITARIASM • RIGHTS • CASUIST • VIRTUE VIEW OR NOTABLE SCHOLARS • PLATO ABSOLUTION • ARISOTLE: EUDEMONISM • ST. THOMAS AQUINESS – NATURAL LAW • IMMANUEL KANT: DEONTOLOGY • JOHN STUART MILL – UTILITARISM • JOHN RAWLS – CONGRATURIANISM • TOM REGAN: RIGHTS THEORY (BONUS THEORY ) • TENTATIVE COMPARISON (TABLE & GRAPH) • CRITICISM AGAINST DEONTOLOGY: “ “ UTILITARIANISM “ “ RIGHTS “ “ CASUIST “ “ VIRTUE • CONCLUSION • REFERENCES CRITICISMS OF ETHICAL THEORIES INTRODUCTION The art of critiquing is basically to appraise a work i.e articles, write-ups, novels etc. Critiquing does not aim to condemn or castigate a paper but to seek the flaws, identify the various meanings, put up better explanations on the subject, seek the weaknesses and strengths and give opinions to enhance the quality of the discourse. The topic of this discourse is ETHICAL THEORIES CRITICISM. We shall examine the definition of ethics, the meaning...
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...Course name | Ethics in Administration | Course code | ADS452 | Credit hours | 4 | Resource person / contact no. / email | Nadrawina Isnin (082-678200 (O)nadrawin@sarawak.uitm.edu.my | Course outcomes | CO1 - Explain the concept of ethics, role, importance and various theories and thought of ethics in administration; | | CO2 - Identify the implications arising out of the ethical issues; and | | CO3 - Apply the concept, skills and methods used for evaluating ethical issues in case analysis and recommend strategies for improvement. | WEEK | HOUR | TOPICS | Teaching & Learning Activities | References | 1 | 2 | Overview of the course * Scheme of work * Assessment * Mid semester examination * Final examination | * Ice breaking * Entrance Survey * Blended Learning Requirement * Coursework requirement * Lecture & discussion (F2F) | Main text - Thiroux, Jacques P (2008) Ethics: Theory and Practice. 9thed. New Jersey: Prentice Hall. | 1 | 4 | Topic 1: Introduction to Ethics * The Concept of Ethics * Ethics & Morality * Sources of Morality * Ethics & Reason * The Importance of Study Ethics | * Lecture & tutorial(F2F) | Thiroux, Jacques P (2008) Ethics: Theory and Practice. 9thed. New Jersey: Prentice Hall. | 2 | 4 | Topic 2: Ethical Theories * Consequentialism & Non-Consequentialism * Ethical Egoism * Utilitarianism | * Lecture & tutorial(F2F) | Thiroux, Jacques P (2008) Ethics: Theory and Practice...
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...Is ethical language meaningless? Discuss. Ethical language is meaningless. The analysis of ethical language is called meta-ethics. Meta-ethics looks at the meaning of the language used in ethics and includes questions such as: are ethical claims capable of being true or false, or are they expressions of emotion? If true, is that truth only relative to some individual, society or culture. Meta-ethics is broken down into cognitive and non-cognitive theories. This shows that there are two contrasting opinions to whether ethical language is meaningless. Cognitive theories of meta-ethics. Ethical naturalism is a cognitive theory of meta-ethics. Ethical naturalism or ethical cognitivism is the theory that moral values can be derived from sense experience. Ethical naturalism looks into cognitive and objective statements, it states ethical and non-ethical statements are the same, also that ethical statements can be verified and falsified. Criticisms of ethical naturalism – the naturalistic fallacy. The naturalistic fallacy is the claim that good cannot be defined. G.E. Moore argued against ethical naturalism and called the attempt to identify goodness with a natural quality a mistake. He uses the naturalistic fallacy to do this. Intuitionism – G.E. Moore. Intuitionism is the theory that moral truths are known by intuition. Moore’s intuitionism is a cognitive theory itself. It states good is indefinable, there are objective moral truths and we know these moral truths by intuitionism...
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...Ethics is the basic concepts and moral principles of decent human conduct which includes values such as the essential equality of all men and women, human or natural rights, obedience to the law of land, with respect to what is right and what is wrong (Velentzas., 2010). Ethics is the behavior that a person should adhere to in his daily dealings with the world. Ethics is a system of moral principles applied by people, society and the world. Ethics provide guidelines for acceptable behavior in the environment within which you are in. An ethical approach is becoming necessary both for corporate success and a positive corporate image (Schuder, 2014). Especially nowadays in Kenya ethics in business are obligated because many businessmen are only interested in making money despite the ethical costs or the harm they would probably cause to people or even to nature (environmental pollution). Corporate social responsibility defines all the cases of ethics that businessmen can follow effectively. Many firms are choosing to make a public commitment to ethical business by formulating codes of conduct and operating principles. In doing so, they must translate into action the concepts of personal and corporate accountability, corporate giving and corporate governance. Thinking Critically About Ethics Thinking critically about ethics is the intellectual disciplined process of actively and skillfully conceptualizing, applying, analyzing, synthesizing, and evaluating ethical issues to determine...
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