Kantian Approach To Good Ethics Equals Good Business Flashcards
What is essential
Good ethics no matter the impact or cost
What is our duty
To abide by good moral maxims regardless of the consequences
What is acting for the benefit of profit using?
The hypothetical imperatives
Why is universalisation important in this circumstance
Because we should universalise our actions to the extent that our actions in our personal life should be the same as in our corporate life
Example of universalising good actions in business
I would put lie to my friend or cheat them out of money so I should do the same to my employees or fellow workers
Why is everyone satisfied when good ethics are used
Because good ethics can be universalised, corruption and theft cannot be universalised, but fair trade can
An example of a hypothetical imperative
A greengrocer being happy and kind to his customers be cause he wants them to return
Branding as being a hypothetical imperative
Cadbury using the fair trade logo on their chocolate bars to make people by them and to make more profit
Why is ethical branding using a customer as a means to an end?
A customer may return time and time again as they know the products are fair trade but the shop keeper is stocks them out of his want for profit not his duty towards farmers or LEDC