Ethical Principles, Quick Tests, and Decision-Making Guidelines
Ethical Principles, Quick Tests, and Decision-Making Guidelines
Ethical Principles, Quick Tests, and Decision-Making Guidelines
Ethical Principles,
Quick Tests, And
Decision-Making
Guidelines
Copyright 2003 by SouthWestern, a division of
Thomson Learning
Chapter Topics
Decision criteria for ethical reasoning
2.
Ethical relativism: A self-interest approach
3.
Utilitarianism: A consequentialist (resultsbased) approach
4.
Universalism: A deontological (duty-based)
approach
5.
Rights: An entitlement-based approach
6.
Justice: Procedures, compensation,
retribution
7.
Immoral, amoral, and moral management
8.
Four social responsibility roles
9.
Individual ethical decision-making styles
10.
Quick ethical tests
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Concluding
comments
1.
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Ignorance
Inability
Ethical Relativism:
A Self-Interest
Approach
Ethical relativism holds that no
universal standards or rules can be
used to guide or evaluate the
morality of an act.
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Ethical Relativism:
A Self-Interest
Approach
Benefits include:
Problems include:
Utilitarianism: A
Consequentialist (ResultsBased) Approach
Utilitarianism: A
Consequentialist (ResultsBased) Approach
Problems with utilitarianism include:
Universalism: A
Deontological (Duty-Based)
Approach
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Universalism: A
Deontological (Duty-Based)
Approach
The major weaknesses of
universalism and Kants
categorical imperative include:
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12
Justice: Procedures,
Compensation,
Retribution
The principle of justice deals with
fairness and equality.
Two recognized principles of fairness
that represent the principle of justice
include:
Compensatory
Retributive
Distributive
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Justice: Procedures,
Compensation,
Retribution
Problems using the principle of justice
include:
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Immoral, Amoral, Or
Moral Management
Immoral management means
intentionally going against ethical
principles of justice and of fair and
equitable treatment of other
stakeholders.
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Four Social
Responsibility Roles
Figure 3.3 illustrates four ethical
interpretations of the social roles
and modes of decision-making.
The four social responsibility modes
reflect business roles toward
stockholders and stakeholders.
Two social responsibility
orientations of businesses and
managers toward society include:
Stockholder model
Stakeholder model
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Individual Ethical
Decision-Making Styles
Stanley Krolick developed a
survey that interprets individual
primary and secondary ethical
decision-making styles, that
include:
Individualism
Altruism
Pragmatism
Idealism
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Test of Ventilation
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