"Ethical theories in business" Essays and Research Papers

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    Ethical Theories Chart

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    Axia College Material Appendix B Ethical Theories Chart Complete the chart below using information from the weekly readings and additional research if necessary. Ethical Theory | Utilitarianism | Deontological | Virtue ethics | Definition | Moral decisions require taking full advantage of the benefits as well as minimizing the damage to society. (Trevino & Nelson‚ 2007) | Somebody who concentrates on carrying out what is “right” consistent with their own ethics as well as ideals. (Trevino

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    B368 Ethical Theories

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    Traditional Ethical Theories Consequentialist (teleological) Non- Consequentialist (deontological) - Act in the way that brings about the best consequences - Concentrate on the act being perform Egoism (outcome: desirability) Kant (ethics of duties) Nature: Nature:  act accordingly to self-interest  based on desires  free (Adam Smith) Example:  Correct if morals actors think it is correct (rational/logical/reasonable)  not depends on situations  Categorical imperative- right

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    Normative Ethical Theories

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    NORMATIVE ETHICAL THEORIES Objective • Discuss the normative ethical theories L2: Normative Ethical Theories Beliefs about how people should behave can be classified into at least 2 major categories: Teleological theories (Consequentialism) Right actions are those that produce the most or optimize the consequences of one’s choices. Behaviour is ‘ethical’ if it results in desirable behaviour 1. 2. 3. 4. Ethical egoism Ethical elitism Ethical parochialism Ethical universalism Deontological theories

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    Kant's Ethical Theory

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    present some clear ethical issues. First‚ looking at Aristotle’s principle of “virtue ethics‚” it must be determined whether the actions made by J.C. Penny are just‚ or fair‚ to their customers. Clearly‚ it is unfair for a company to deceive their customers into believing they received better deals then they actually did‚ and based on that analysis‚ Aristotle would have most definitely concluded the behavior of J.C. Penny to be unethical. Further‚ considering Immanuel Kant’s theory of the “categorical

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    Comparing Ethical Theories Joseph Spor ETH/316 May 28‚ 2012 Ralph Hutton Comparing Ethical Theories The philosophy of ethics has been studied and debated for many centuries. While there are varying definitions of ethics‚ many who study the topic would agree that ethics can be described two ways. First‚ ethics can be considered to be the standards of right and wrong that outline what a human being ought to and ought not to do. In other words‚ they are the standards that tell us to be honest and

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    Better Ethical Theory in Business World When it comes to talk about the ethical theories applying to the business world‚ deontology and utilitarianism are the two most debatable ethical theories that people may discuss. A majority of people may think that utilitarianism is more useful for understanding and addressing ethical issues in business since it focuses on the outcomes of every action. However‚ for me‚ I am a big supporter of deontology. I think deontology is more persuasive theory than

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    Modern Ethical Theories

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    Modern Ethical Theories Psychological Egoism vs. Ethical Egoism When we discuss modern ethics there are two theories that emerge above all others and although both are supported they are often controversial in nature. Ethical Egoism states that we should put ourselves and our interests before those of others leading to the conclusion that if we do things that are only in our own self interest then we have achieved morality. Psychological Egoism presumes that we always put ourselves and our interests

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    first? The answer is their ethical duty‚ meaning every nurse is guided by ethical theories and principles which help guide them as a patient advocate. It is these ethics that make a nurse so valuable to clients and ultimately makes a nurse the client’s best advocate. In this paper the core ethical theories and principles will be discussed and how exactly this helps RN’s be the best possible advocate and what benefits the clients themselves derive from these ethical theories. In order to properly understand

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    compare contrasting ethical principles and theories and the legal issues surrounding this topic. The ethical principles outlined will be; autonomy‚ non-maleficence‚ benevolence and utility. Furthermore the ethical theories supporting these principles that will also be outlined are; utilitarianism‚ deontology (both Ross and Kant’s version)‚ Rawls’s theory of justice‚ natural law ethics‚ virtue ethics and care ethics (Schwartz‚ Preece and Hendry‚ 2002). Utilitarianism An ethical theory which falls into

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    individual values. You may disagree with someone and believe your view is superior‚ relative to you as an individual; more often‚ relativism is described in terms of the values of the community in which one lives. The view of ethical relativism regards values as determined by one’s own ethical standards‚ often those provided by one’s own culture and background. Rather than insisting that there are moral absolutes‚ moral claims must be interpreted in terms of how they reflect a person’s viewpoint; moral claims

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