Final exam Weeks 1&2 Flashcards
business ethics
applied ethics disciplines to address moral features of commercial activity
morality
norms, values, beliefs embedded in social processes defining right and wrong for
individual in community, behaviour with serious consequence to human welfare
ethics
study of morality, explain rules and principles determine right and wrong, ethical
theories help to determine
descriptive ethical theory
how ethics decisions are made in business context
statutes
laws enacted by legislative bodies
divine command theory
action is morally right because god says so (but religion is not only
source
ethical relativism
depends on viewpoint of person, problem is that no one can criticise others
for their moral beliefs as it is like their tastes
diffusion of responsibility
feel less responsible or accountable for actions
groupthink
pressure on group members
bystander apathy
emergencies in which be let our behaviours be dictated by others around
us
moral reasoning
soundness of validity of moral standards depend on quality of arguments
and reasoning
ethical absolutism
moral principles universally applicable, people with different opinions but
truth is only one
Trolley Problem
core differences between theories are shown, assuming absolute certainty
ethical relativism
morality is context-dependent upon particular cultural and social context
non-consequentialist
not only result but the intrinsic motivation determines whether
something is right or wrong
consequentialist
only the outcome matters
Utilitarianism
consequentialist theory, principle of utility, right if it promotes greatest human welfare and wrong if they do not, first theory detached from religion
3 ingredients utilitarianism
consequences (results of action only datelined by consequences),
happiness (Bentham, rich as possible in enjoyments and as far as possible from pain), equality
(equal considerations to all individual preferences)
Greatest happiness principle
action morally right if it brings greatest amount of good for
greatest amount of people affected by action
Critique of Utilitarianism (4)
1) not concerned about how happiness is distributed,
2) intrinsically immoral but performing them could maximize happiness leading us to exploit rights of minority
for benefit of majority,
3) measurement problem of valuing utility,
4) maximization of pleasure is
not only thing that matters
5) People should be respected and not put into calculations, action can be intrinsically good regardless of consequences.
Ethics of Duty (Simple)
non-consequentialist theory, motivation behind certain actions