... “It’s Good Business” (Cont.)
• Behaving ethical can be more costly in the
• Example: adding safety equipment not
required by law
• Bears higher cost to do what the firm
believes is right
... 2. The Ethical Method
Ethics uses reason, logic, concepts, rational
explanation and public discussion to analyse
problems and (try to) find answers.
The aim of an ethical argument is to get someone
else to freely agree with you for good reasons
... is the one that best protects and respects the moral rights
of those affected. This approach starts from the belief that all
humans have dignity based on their human nature per se or on
their ability to choose freely what they do with their lives. On
the basis of such dignity, they have a right to b ...
... This document is designed as an introduction to thinking ethically. We all have an image of
our better selves - of how we are when we act ethically or are "at our best." We probably also
have an image of what an ethical community, an ethical business, an ethical government, or an
ethical society sho ...
... ownership of public affairs. The best solutions are not compromises but novel, fully
adequate responses to the situation. Instead of being satisfied with doing as little harm as
possible, an administrator with moral imagination seeks to satisfy as many ethical values
and principles as possible; thus ...
... Some, however, have called into question the usefulness of this model in dealing with
particular situations. More specifically, they have highlighted the complexity of moral
decision making and how individuals do or do not extend their ethical beliefs to leadership
positions (Trevino & Brown, 2004). ...
... What kind of person ought I be in order to
live a moral life and make good ethical
n What are my duties and obligations to
other individuals whose life and well-being
may be affected by my actions?
n What do I owe the common good or the
public interest, in my life as a member of
... Adding additional charges outraged customers but replaced the loss of profit the airlines were
experiencing. While these decisions were not based specifically on ethics, they did satisfy the
best interests of sustaining the company. Thus, the leaders met their obligation of corporate
social responsi ...
... with knowing that your life activities are integrated not separated". Ethics take part infundamentalposition into
the nature of the high-qualityexistence and civilization, intuitive of biasedhypothesis and philosophy. Ethics is
imperative, because it shapes the foundation of your convictionstructure ...
... whether an act is moral is not its consequence, but only the motive or intent of the actor.
According to Kant, the only thing that is intrinsically good is a good will.
Immanuel Kant (1724–1804) believed moral worth comes from doing one’s duty.
The following comprise the principles of Kant’s e ...
... o Origination: Ancient Roman proverb, but often
associated with Niccolò Machiavelli
o Basic premise: The end justifies the means
o In solving ethical problems, means may be as
important, or more so, that ends
o The process of ethical character development can
never be furthered by the u ...
... When grappling with ethical dilemmas,
ethicists refer to the outcome of their
deliberations as resolutions more than
solutions. Problems have solutions.
Ethical dilemmas, at best, lead to resolutions.3 Most ethicists hold that the scientific method used in human problem
solving is not identical to t ...
... Making consistently ethical decisions is difficult. Most decisions have to be made in the context
of economic, professional and social pressures which can sometimes challenge our ethical goals
and conceal or confuse the moral issues.
In addition, making ethical choices is complex because in many sit ...
... Deontological Theories – Kantian Ethics
According to Deontological theories, though the consequences of an act is good, some acts are
always wrong. In deontological theories actions are judged as ethical or unethical based on duty
or intentions of an actor.
This theory includes duty without regard t ...
... with employees and investors. It also must consider the external constituencies with
which it interacts through boundary-spanning activities. Finally individual behaviour is
relevant to the issue of management ethics. How one choosers to act in given
situations becomes the direct manifestation of th ...
... If business ethics is applied ethics, then which ethics is being applied (or
should be applied) in China? Confucian ethics, socialist ethics or a Western
ethics? It is widely held in Western countries that there is “ethical vacuum” or
“ethical chaos” in China now. Is this view correct? What is actua ...