Definitions Flashcards
Morality
Human’s ability to distinguish between right and wrong
Ethics
The systematic study of morality
Ethical theories
The principles and rules that determine whether something is right or wrong in different situations
Normative ethics =
Study of how we ought to behave
Normative ethical theories =
Rules, guidelines, principles and approaches that determine right and wrong
Business ethics =
The study of business situations, activities and decisions where issues of right and wrong are addressed
3 differences between ethics and the law
- The law does not cover all ethical issues
- Not all legal issues are ethical
- Law and ethics can involve contradictions
5 reasons why business ethics is challenging
- Comprehensive: adresses challenging questions at individual, organizational and societal levels
- Cross-disciplinary: philosophy, management, economics, political science, earth system sciences
- Abstract nature: it can be difficult to recognize the practical implications of ethical theories
- Critical theories: don’t take theories and related practices as given
- Experience: experience in business can be helpful
3 dimensions of the Moral Machine that people agree to
- Sparing humans over pets
- Sparing young vs old
- Sparing the greater number
Differences in the Moral Machine clusters (Southern, Eastern, Western) (5)
- Sparing the young and sparing higher status: low in Eastern cluster, higher in Southern
- Sparing humans over pets: weaker preference for Southern cluster
- Sparing women and fit characters: higher in Southern clusters
- Sparing pedestrians: weak preference in all clusters
- Sparing the lawful over unlawful: all the same
Cultural and economic predictors of Moral Machine (4)
- Individualistic countries: sparing the greater number
Collectivistic countries: weaker preference for sparing the younger - Countries with poor people and weak institutions: more tolerant of pedestrians who cross illegally
- Countries with less economic equality: treat rich and poor less equally
- All countries showed preference for women, stronger in nations with better health and survival prospects for women
Act Utilitarianism =
Whether a single act is right or wrong depends on the amount of common good it produces
Rule utilitarianism =
Focuses on creating rules that produce the most common good
Natural human rights =
Basic, important, inalienable entitlements that should be respected and protected in every single situation. These are based in human dignity and lead to a duty for others to respect, protect and support them.
Justice =
The simultaneous fair treatment of individuals in a given situation with the result that everybody gets what they deserve
Bazerman Guidelines for creating more value (5)
- Compare alternatives (utilitarianism)
- Look for trade-offs (what each one values in negotiations)
- See time as a scarce resource (prioritize and focus efforts)
- Integrate your ethical self (opportunities for improvement)
- Design architecture (make positive value creation easier)
Ethical absolutism/objectivism
There are eternal, universally, applicable moral principles. Right and wrong are objective qualities that can be rationally determined, irrespective of the consequences
Ethical relativism
Morality is context-dependent and subjective. There are no universal right and wrongs that can be rationally determined. It depends on the traditions, convictions or practices of those making the decision
Descriptive ethical theory =
Theory that describes how ethical decisions are actually made in business and explains what factors influence the process and outcomes of those decisions
Economic view =
The motive of human decision making is their own economic interest and well-being. Humans are perceived as rational.
Ethical dilemma =
A situation which is experienced as uneasy, where you have to choose between 2 or more actions and these options involve moral/ethical aspects
Moral imagination =
Seeing the decision as ethical and imagining alternative solutions
Cognitive moral development =
Theory that explains the different levels of moral reasoning that an individual can apply to ethical issues and problems depending on their cognitive capacity
3 levels of cognitive moral development
- Rewards and punishments
- Social expectations
- Autonomous thinking
Personal values and integrity =
The moral principles or accepted standard of a person
Personal integrity =
An individuals adherence to a consistent set of moral principles or values –> Holding to your own ethical principles and values
Whistle blowing =
Intentional acts by employees to expose perceived ethical or legal violation by their organization
Moral intensity =
How important the issue is to the decision maker
Individual factors in ethics
- Age and gender
- Education and employment
- Psychological factors
-Cognitive moral development (rewards&punishments, social expectations, autonomous thinking)
-Locus of control (internal vs. external) - Personal values and integrity
- Moral imagination