RS Pfeiffer and RP Forsberg Ethics on the Job: Cases and Strategies (Belmont Publishing California 1992) Chapter 2,
JR Boatright Ethics and Conduct of Business (2nd edn Prentice Hall New Jersey 1997) Chapters 2-3,
NE Bowle and RF Duska Business Ethics (2nd edn Prentice Hall New Jersey 1990) Chapter 3,
W Shaw and V Barry Moral Issues in Business (6th edn Wadsworth Publishing Belmont California 1995) Chapter 2,
RE Narramore and NE Bowie Ethical Theory and Business (Prentice Hall Upper Saddle River 1997) Chapter 2,
TL Beauchamp and NE Bowie Ethical Theory and Business (5th Ed Prentice Hall Upper Saddle River NJ 1997) 34-35
WH Shaw and V Barry Moral Issues In Business (6th Ed Wadsworth Publishing Co Belmont CA 1996) 65-82
1. What is moral philosophy, and how does it apply to business?
2. What do we know of the two broad classifications of moral philosophy: teleology and deontology?
3. What is the relativist perspective from which many ethical and unethical decisions are made in life?
4. What is virtue ethics, and how can it be applied to the business world?
5. How can we evaluate justice?
How do moral philosophies work in everyday life? An understanding of the various moral philosophies, or ethical systems explains why the various debates pitting one system against another are pointless: each ethical system reflects a different mode of truth. Thus each ethical system can make a unique contribution to the whole.
The following figure illustrates what would happen where an individual is faced wth a serious moral dilemma—one in which he must choose between two alternative courses of action.
Firstly, I would consider the likely consequences associated with each of the two or more alternatives (end-result ethics). We may ask ‘what was the expected criterion on which the