Ethics Flashcards
Ethics
Study of morality
Morality
Refers to standards that an indiv or group has about what is right or wrong, etc
CSR (def)
Description and moral evaluation of the impact that an org has on society
Descriptive vs normative
Descriptive = what happens / Normative = what ought to happen
Levels of ethics
Societal - industry - organizational - individual
Moral Development Levels + Stages
Level 1 = Preconventional (self)
- Stage 1 = Fear of punishment and authority
- Stage 2 = Serving one’s own needs
Level 2 = Conventional (group)
- Stage 3 = Look for approval from family, friends
- Stage 4 = Adherence to law and order
Level 3 = Post convetional (Autonomy)
- Stage 5 = Recognize social contract
- Stage 6 = Concern for universal ethical principles
Values vs. principles
Values = We think is important vs. Principles = Guide behavior
Moral reasoning process
Facts/issues – Moral standards - Moral judgement – Ethical Behavior
7 Moral standards
Core ethical values, egoism, utilitarianism, relativism, kantianism, justice, moral rights
Core Ethical Values
Trustworthiness, responsibility, caring, citizenship
Egosim
Psychological egoism = People act according to their own perceived self-interest (not a moral standard)
Ethical egosim = People.firm should only act according to their own perceived long-term interest
Problem w/ Egosim
Altruism or self-sacrifice is unacceptable
Problem w/ Utilitarianism
Difficult to measure value of life + rights/justics
Kantianism
Act on moral duty (not concern of consequences). Universality (if everyone did it..), reversibility, respect
Moral Rights
Action = morally right if is respects the rights of individuals affected by action
