Chapter 8 Making Ethical Decisions In Business Flashcards
Deontological ethics
The idea of the actions are right and wrong in themselves independently of any consequences.
Consequentialism
The idea that actions are right or wrong, and part a whole, based on their consequences.
Categorical imperative
Act only according to that Maxim by which you can at the same time will but it should become a universal law.
The 14 ethical principles
The categorical imperative. The conventionalist ethic. The disclosure rule. The doctrine of the mean. The ends means ethic. The golden rule. The intuition ethic. Might equals right ethic. The organization ethic. The principle of equal freedom. The proportionality ethic. The rights ethic. The theory of justice. The utilitarian ethic.
The categorical imperative
Act only according to that Maxim by which you cannot the same time will that it should become a universal law.
The conventionalist ethic
Business is like a game with permissive ethics and any action that does not violate the law is permitted
The doctrine of the mean
Virtue is achieved through out moderation. Avoid behavior that is excessive or definition of a virtue.
The intuition ethic
What is good or right is understood by and enter moral sense based on character development and felt as intuition.
The organization ethic
Be loyal to the organization
The principle of equal freedom
A person has the right to freedom of action unless such action deprives another person of a proper freedom
The proportionality ethic
A set of rules for making decisions having both good and evil consequences
Three spheres of justice
Distributive justice, the distribution of benefits and burdens. Redistributive justice, imposition of blame and punishment for wrongdoing. Compensatory justice, compensation for victims of injury.
Cardinal virtues
The four most basic traits of an ethical character justice, temperance, courage, and wisdom they were identified by Plato.
Mary and Tom story
Mary and Tom or aerospace engineers they were assigned a special project. Tom put time into a different project and Mary had to pick up the slack.Tom got the promotion after focusing on another project and getting credit for his and Mary’s project. Mary thought it was unfair.
It clouded promotion the meeting with the accounting firm story
A person with outstanding performance is being considered for a promotion but you find out after reviewing a resume check that they claim to have an MBA but they dropped out before completing their last 20 units of work.
