Chapter 1 - Intro To Business Ethics Flashcards
Define ethical conflict/dilemma.
Situation where a person must choose between competing principles of right (or competing principles of wrong).
What is ethics?
1) the principles of conduct governing an individual or group.
2) the study of morality.
What is “business ethics”?
Principles of ethics which are applied to business settings and issues.
What are moral disagreements?
When different values exist causing a conflict
What are the methods of easing disagreements and conflicts?
1) obtain objective information
2) definitional clarity
3) examples and counter examples
4) reasoned analysis of arguments and positions
Explain the notion of Bad Apples.
Unethical behaviour in organizations can be traced to a few individuals