Introduction to business ethics Flashcards
What is Morality? [2]
-To be an ethical person is to be a morally good person
-To act ethically is to do the right thing
What is Ethics? [2]
◦The study of morality
◦The code of conduct of a group
What are two examples of the Centrality of Ethics in life? [2]
◦Morality is close to our conception of the meaning of life
◦Moral goodness is what gives us sense that we are worthy human beings
Why is ethics important in business?
Ethics is important in business because if you don’t have integrity and morals you won’t go far in the business world
Where are moral norms derived from? [4]
Moral norms/ right action derived from moral principles regarding
1. harm,
2.freedom,
3.equality and
4. justice
What is an example of the moral standard?
E.g. it’s wrong to harm another person without a very good reason
‣ Derive[d from] moral standard: hurting someone for no good reason is wrong anti-harm:
Define immoral/ Unethical
an act that is morally wrong & falls short of a moral standard
These acts are ethically impermissible ( obliged not to perform these acts )
Define Amoral
not morally wrong and no moral standard applies
What does morally impermissible mean?
you’re allowed to do them but not obliged not to e.g. Many aspects of etiquette
Define moral [3]
◦Morally right/ acceptable
◦An act which meets a moral standard
◦These acts are morally permissible and required ( Eg. not doing is impermissible)
Define supererogatory [4]
◦An act which exceeds a moral standard
◦These acts are morally permissible but not morally required
◦Not morally obliged to perform them, or not perform them
◦Acts which are described as heroic or beyond the call of duty
What is the moral permissibility and obligation status of Immoral, Amoral, moral and supererogatory
What is descriptive ethics?
Descriptive claims aim to describe how things are
◦Eg. Many people believe that murder is wrong
◦About the standards people do have
What is normative ethics?
Normative claims prescribe what ought to be the case
◦Eg. Murder is wrong
◦ About what moral standards people should have
What about normative ethics are we interested in? [2]
‣ Is capitalism a good system
‣ Should consultants respect confidentiality