Ethical and Moral Philosophies
Ashford University
May 20, 2013
Introduction
The inner works of a successful business is based on the values and beliefs of its owner. In comparison to a family, the owner may be considered the matriarch and employees considered sons and daughters. Based on that assumption, the responsibility for success and prosperity lie solely on the leader. Family success is based on the philosophy of values and morals of its matriarch that are passed down to the children. A business should operate on the same basic philosophy of a family by creating a set of values and beliefs that will represents the best attributes of a company. Those same attributes are then passed down to employees creating a mutual
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The discipline in terms of strategic management varies from country to country with very little established international governance to monitor business transactions. With the continued growth of global business, a universally established code of ethics is warranted. Outside of reprimand or being lauded for acting in a manner that’s socially acceptable, profit-seeking entities, especially multinational corporations, have found that their ethical behavior, either real or perceived, have financial consequences that impacts their growth and sustainability. Economist Milton Friedman contends, the market will reward or punish companies for unethical conduct without need for government regulation (Ferrell, Fraedrich & Ferrell, 2013, pg. 153). Over the past two decades heavy fines have been levied on a multiple corporations because of unethical business practices on the global stage. Most claimed they were not aware of moral standards or other wrongdoing and immediately tasked company strategists to develop and implement corrective action. Robertson and Crittenden stated, by understanding variables and dominant moral philosophies, policymakers and strategists charged with establishing organizational codes of ethics, will develop corporate training programs, and implement local decisions to be better prepared for implications of their decisions and actions
The question of what is truly the nature of justice remains an unanswered question as noted by Bertrand Russell in ‘The History of Western Philosophy’ wherein he notes that Socrates was unable to provide a convincing rebuttal of Glaucon’s arguments on justice, and neither have all the social philosophers since, been able to do. Amartya Sen, in his book ‘The Idea of Justice’, has
No two people are the same, and they will never be the same. Even twins have different ways of viewing things. This is the same for people ethical views, according the The Merriam-Websters Dictionary (2015) the definitions for ethics is “The rules of behavior based on ideas about what is morally good and bad.” Knowing what is morally right or wrong especially in the business world can help prevent scandals or corrupt business practices. But in today society, ethics can be blurred through situations and personal views, now it seems as though people aren’t even thinking about what is ethical but more so what can benefit them. Within recent months, news of FIFA allowing bribes to be accepted from certain people has managed to corrupted a billion dollar business and affected their corporation along with allowing the world to see their ethical views. In this paper I will be talking about whether or not this a topical of ethical views, is this a common situation with management and if it affected international business.
Probability → Considers how likely each effect might be, given that we don’t know ahead of time which of the many possible effects will actually occur.
It was founded by Jeremy Bentham, later developed by James Mill and perfected by his son John Stuart Mill (Rachels 13). It is called the principle of utility. It is a democratic principle of
Morals, values and ethics define who we are and what we believe. Culture, religion, and many other things affect our beliefs. One uses various types off ethics when surrounded by different groups. Knowing between right and wrong is a good foundation to practicing good ethics and morals. These things make morals, ethics, and values important in society.
In a health care organization, it is important that the organization’s mission, philosophies, and ethics are followed through properly. . With the Centers for Disease Control and Prevention (CDC), it is no different. . The Centers for Disease Control and Prevention’s “mission is to protect people’s health and to support the quality of life in humans by prevention and control of diseases, injuries, and disabilities” (About CDC, 2010, page or paragraph number with quotes). With the organization's mission, philosophies, and ethics it is important that everyone’s health is protected and proper prevention of diseases, illnesses, and disabilities are given to the public in a timely manner. In this paper, the members of Team A will “describe
Creating and defining my own ethical framework is essential in future success as a businessman, a leader, and a team player. As a business student, I have learned that it can be a very cut throat industry and in order to get ahead, at some point and ethical dilemma will undoubtedly be an obstacle I have to overcome. The way I handle these dilemmas can make or break my career; business ethics are a key part of earning and sustaining respect, trust, and a good rapport with both clients and competitors in your industry. Therefore a solid ethical framework is an important tool for me to have as a standard for handling these types of dilemmas so that I can grow successfully while staying true to myself and to
Autonomy – The ideal of self-determination is the basis for autonomy. It is important that a patient be allowed to decide what should be done to his or her own body. In other words, nobody else has the right to assert their power over another. Likewise, a physician should be allowed to decide not to perform a procedure if doing so would conflict with his or her values. In the Cruzan case, Nancy’s autonomy by way of her parents’ substituted judgment was overridden in favor of the State of Missouri’s policy to preserve life. Although the Supreme Court did not deny that Nancy had the right to refuse nutrition/hydration, there was not enough clear and convincing evidence to know that refusal was what Nancy truly
Ethics is an integral part of nursing practice and with an increasingly diverse population today, nurses need to have an understanding of ethical principles to resolve dilemmas in the workplace. Milton (2014) defined ethics as encompassing a methodical approach to decision-making and as a disciplined reflection on the moral choices individuals make. To arrive at an appropriate intervention, nurses and other health care providers must employ an efficient and organized process to identify an ethical dilemma to determine a viable solution (Grand Canyon University [GCU], 2011). This paper will identify an ethical dilemma in a case scenario and will discuss the use of an appropriate decision-making model and with all parties involved contributing to the resolution.
2) Freegard (2006) states: “Autonomy as an ethical principle encompasses the fundamental protection and respect of persons, and freedom from interference ... A competent client should have the right to decide what is to be done with his or her body” (p. 112).
The word “ethics” comes from Greek ethikas meaning character. Today, we use ethics to describe the normative standard of behavior. The history of philosophical ethics has been broken up into five rational methods: Virtue, Traditional, Modern, and Post-Modern Ethics. Within these periods, the philosophy of ethics changed along with the changes being made within society.
“Ethics is about how we meet the challenge of doing the right thing when that will cost more than what we want to pay.” (The Josephson Institute of Ethics) When I think about everything that I have learned within the Business Ethics class, I think of one topic – Understanding Ethics. This teaches you many things like what ethics is, how to understand right and wrong, ethical reasoning and much more. “The field of ethics is the study of how we try to live our lives according to a standard of “right” or “wrong” behavior–in both how we think and behave toward others and how we would like them to think and behave towards us.” (Business Ethics Now, Ghillyer, 4) Some people consider ethics to be a conscious choice to follow a set of moral standards or ethical principles that supply direction on how they should perform in their daily lives; others, however, look to the behavior of others to decide what is an acceptable standard of right and wrong or good and bad behavior. Many factors including how they were raised, their religion, and the transitions and beliefs of their society drive their definition of the right or wrong. Judgments are made about good or bad behavior by moral standards, which are principles based on religious, cultural, or philosophical beliefs. These beliefs can come from many different sources such as family, friends, ethnic background, religion, school, the media–television, radio, newspapers magazines, the Internet, and personal role models and mentors.
Ethical and unethical situations occur on a daily basis and are seen all around us. Being ethical requires one to take responsibility for their actions and doing what is right in any given circumstance. Every person has the power to dictate their actions on how they are going to handle any situation they are put in. I have experienced numerous amounts of situations that have tested my ethical behavior and actions. Throughout my experiences, I have realized that ethics has a great impact on many different aspects of life such as society, career, and personal life. Understanding the meaning of ethics allows me to grow as a person and to truly do what is right with any issue I am faced with.
Ethics oftentimes determines what is right and what is wrong. It is a moral code that determines values, morals, standards of behavior, principles, and ideas (“Ethic,” 2012). After careful review of the results achieved from the Ethics Awareness Inventory and Ethical Choices, decisions were made that helped to determine my ethical perspective. I will explain the role of ethics and social responsibility in developing a strategic plan, considering stakeholder’s needs. Also, I will explain how my ethical perspective has evolved throughout the course of my MBA program here at University of Phoenix.
What does education mean if ethics is sacrificed for academic gains? As Aristotle once said, “educating the mind without the heart is no education at all”. Not to mention, ethics is the key in shaping moral identities in people, especially students. This essay examines the importance of teaching ethics to students and the challenges that come with it. Educating students on ethics can minimize academic misconducts, guide students to become self-reliant in decision-making and attain wisdom. Yet, less experienced teachers, ignorance towards the importance of ethics and the increasing pressure on teachers regarding students’ academic standards have become inevitable challenges in the implementation of ethics in education.