week 1 xmgt216_r3_appendix_b.doc

Topics: Ethics, Morality, Virtue ethics Pages: 2 (285 words) Published: January 15, 2014
Associate Level Material
Appendix B

Ethical Theories Chart

Complete the chart below using information from the weekly readings and additional research if necessary. Include APA formatted in-text citations when applicable and list all references at the bottom of the page.

Ethical Theory

Utilitarianism

Deontological

Virtue ethics

Definition

A consequentialist theory which one decides an ethical decision should maximize benefits to society and minimize harms.

Concerned with moral obligation (the right) rather than ends or consequences. Moral obligation relates to duty, the ought, rightness, or appropriateness. Moral obligation has priority over the moral value.

The virtue ethics approach focuses more on the integrity of the moral actor more than on the moral act itself. Ethical thinker associated with theory

Mark Felt

Emmanuel Kant

Aristotle
Decision-making process

A utilitarian would approach an ethical dilemma by identifying the alternative actions and their harms and/or benefits for all stakeholders.

Deontologists base their decisions about what’s right on broad, abstract universal ethical principles or values such as honesty, promise keeping, fairness, loyalty, rights, justice, compassion, and respect for persons and property.

A virtue ethics perspective considers primarily the actor’s character, motivations, and intentions. Workplace example

Make everyone do mandatory overtime, give an incentive to do it, and minimize the backlog orders also.

An employee goes to upper management and notifies them of another employee that is cheating the company out of money and supplies.

If you decide to tell on your supervisor for taking hour long breaks. Why are you doing it? Is it because you don't believe it's fair for everyone or did you do it because you didn't get a good raise?

References: Weekly Readings: Managing Business Ethics, Ch. 1, Ch.2...

References: Weekly Readings: Managing Business Ethics, Ch. 1, Ch.2 Copyright © 2011 John Wiley & Sons
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