UGBA 107 Flashcards
What are the 7 values of deontology?
Fidelity
Reparation
Gratitude
Justice
Beneficence
Self-improvement
Nonmaleficence
fidelity
keeps promises and fulfills contracts
reparation
compensates people for wrongful injury
gratitude
returns favors others do for youe
justice
ensures goods are distributed according to merit
beneficence
seeks to benefit others
self-improvement
continues to try and improve your virtue and intelligence
nonmaleficience
avoids injury to others
distributive justice
addresses social and economic inequality by creating greatest benefit to the least advantaged
utility
provides the greatest benefit to the most people
haas perspective
consumers want more than growth and sharehodler value from business. they also expect good corporate citizenship. superior products an earning the trust of consumers employees and communities in which they operate
freidman
increase its profits so long as it stays within the rules of the game (open and free comp without deception or fraud)
Act Utilitarian
Morality is on the effect of a good action that benefits most people
rule utilitarian
Rule utilitarians adopt a two part view that stresses the importance of moral rules. According to rule utilitarians, a) a specific action is morally justified if it conforms to a justified moral rule; and b) a moral rule is justified if its inclusion into our moral code would create more utility than other possible rules (or no rule at all).