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Xmgt 216 Appendix B

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Associate Level Material
Appendix B

Ethical Theories Chart

Complete the chart below using information from the weekly readings and additional research if necessary. Include APA formatted in-text citations when applicable and list all references at the bottom of the page.

|Ethical Theory | | | |
| | | | |
| |Utilitarianism |Deontological |Virtue ethics |
| |
|Definition | |Making choices that determine the sole |Describes the character of a moral agent as |
| |A consequentialist theory in a |purpose of morally required, forbidden, or|a driving force for ethical behavior rather |
| |normative ethics holding that the |permitted. |than by rules, consequences, or social |
| |right decision making is the one | |context. |
| |that maximizes overall happiness. | | |
| | | | |
| | | | |
| | | | |
| | | | |
|Ethical thinker associated with| |Highly ethical person (The Germans who hid|Aristotle |
|theory |Stakeholders (the involving |the Jewish family from the Nazi’s) Corrie | |
| |parties affected in the decision) |ten Boom | |
| | | | |
| |Mark Felt | | |
| | | | |
| | | | |
|Decision-making process | |In order to make a decision, an individual|An individual will make a moral decision |
| | |must examine the choices through a moral |based on the person’s professional |
| |The decision making process is to |compass. |association, the regulatory community, their|
| |think about all the stakeholders | |religious community, family, society, and/or|
| |that can be affected by the | |the company’s ethics office. |
| |decision. Making sure the person | | |
| |determine their decision by the | | |
| |moral worth of an action based on | | |
| |the resulting outcome. Think about| | |
| |the societal harms and benefits of| | |
| |an action. | | |
| | | | |
| | | | |
| | | | |
|Workplace example | |An employee has been overworked for the |A customer left their wallet. Company policy|
| |An employee was spotted by another|last two days. The employee need the hours|states to report any lost and found |
| |employee stealing baby pampers |but is too tired to focus. The manager |merchandise. The morally and ethical thing |
| |from the company. Before making |made the decision to let the employee stay|would be to turn the wallet in. The |
| |the decision of reporting the |on the clock, but go to the break room and|temptation that will be wrong in this |
| |employee think if the outcome will|rest for thirty minutes. It is against |situation will be to take the money and |
| |be better for overall harm |company policy to ride the clock. |throw away the wallet. Because of the |
| |/benefit. | |religious beliefs I would turn the wallet |
| | | |in. |
| | | | |
| | | | |
| | | | |
| |

Reference: DECIDING WHAT’S RIGHT: A PRESCRIPTIVE APPROACH, Trevino, L., & Nelson, K. (2011). Managing business ethics: Straight talk about how to do it right (5th ed.). Ch. 2 pp.38-51, Hoboken, NJ: Wiley.

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...XMGT 216 Axia College Material Appendix B Ethical Theories Chart Complete the chart below using information from the weekly readings and additional research if necessary. Ethical Theory Utilitarianism Moral decisions require taking full advantage of the benefits as well as minimizing the damage to society. (Trevino & Nelson, 2007) Deontological Somebody who concentrates on carrying out what is “right” consistent with their own ethics as well as ideals. (Trevino & Nelson, 2007) Virtue ethics A concentration on virtue ethics, or honesty, deal mainly with an individual’s character, inspirations, as well as objectives, in place of results or regulations, as their crucial factor of moral philosophy. (Trevino & Nelson, 2007) Rosalind Hursthouse A good philosopher takes decisions on the basis of the community standards without getting to go through a procedure of making a decision what is shocking, good quality, incorrect, or correct without getting a clash of interests. (Trevino & Nelson, 2007) Definition Ethical thinker associated with theory Decision-making process Jeremy Bentham (Sweet, 2008) What action nets the best consequences over bad consequences? Comes within reach of a decision by looking at various activities as well as results that are related with a problem. (Trevino & Nelson, 2007) Immanuel Kant (PHILOSOPHICAL ETHICS, 1993) A deontological philosopher takes decisions on the basis of good as well as bad. A good decision is respecting others irrespective...

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