Download Ethical Legal PPT

Ethics & Law
Business Law
Previously…
 Compare
federal and state
court systems.
 Federal Jurisdiction
 Tiers of the Federal Court
System
 State Court Systems
 Virginia’s Court System
Today’s Objectives
Differentiate between ethical
and legal behavior.
 Compare
ethical practices and
legal behaviors.
 Examine
ethical dilemmas in
business and in law.
Morals & Ethics…
What is Morality?

Involves the
values or beliefs
that govern a
group’s ideas
about right &
wrong
 Example:
religion, tradition
What is Ethics?
 Rules
used
to determine
the difference
between right
and wrong
Is it Ethical?
1. Is the action illegal?
2.
Does the action violate
norms or standards?
 Company policy
 Professional Standards
3. Who
is affected by the
action & how?
What Does Ethics Come From?
Ethical Principles
The GREATEST GOOD Principle

Examines whether
the action will cause
the greatest good for
the greatest number
of people

The more good that
results, the more
“right” the action is
The GOLDEN RULE Principle
“Do unto others
as you would
have them do
unto you.”
 Based on
empathy

 Putting yourself
in another
person’s shoes
REAL-WORLD Ethics

Most people know
moral rules
instinctively
 Lying is wrong

Sometimes it is
“okay” to break
moral rules
 Might be
permissible to
lie to save a life
Ethical Character Traits
In difficult cases where moral rules and
legal guidelines do not help, specific
character traits become a compass you can
use.
 Honesty: truthful in dealing with others
 Justice: treating everyone fairly and equally
 Compassion: caring about other people and
their circumstances; understanding point of
view
 Integrity: willingness and determination to
do the right thing; standing up for what you
believe is right
Ethics and Law
 Changes
in
ethical
standards can
help us make
new laws or get
rid of old ones.
 Example:
desegregation
Ethical Dilemmas
What will you do?!
Group: Dilemma
Create Posters
 What
is the ethical
dilemma?
 Who is affected by it?
How?
 What are the facts?
 Outcome – What would you
do?