Chat with AIExam 1: Ethical Theory and Business Practice
What is the moral point of view and why is it regarded as important.Defend or criticize the view that business people must operate from the moral point of view.
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Answered by Examlex AI CopilotThe moral point of view is the perspective that considers the ethical implications and consequences of actions and decisions. It is regarded as important because it helps individuals and organizations make choices that are not only beneficial for themselves but also for the society as a whole. Operating from a moral point of view means considering the impact of one's actions on others, being fair and just, and upholding values such as honesty, integrity, and respect for human rights.
Defending the view that business people must operate from the moral point of view, it is essential for several reasons. Firstly, businesses have a significant impact on the world, including their employees, customers, suppliers, and the environment. Operating from a moral point of view ensures that businesses do not exploit or harm these stakeholders for their own gain. Secondly, businesses are part of a larger society, and their actions can have far-reaching consequences. By considering the moral implications of their decisions, business people can contribute to a more just and sustainable world.
Critics may argue that operating from a moral point of view can put businesses at a disadvantage in a competitive market. They may argue that prioritizing ethics over profits can lead to lower financial performance. However, this view fails to consider the long-term benefits of ethical behavior, such as building trust and loyalty among customers and employees, avoiding legal and reputational risks, and contributing to a more stable and prosperous society.
In conclusion, the moral point of view is important because it promotes ethical behavior and contributes to the well-being of individuals and society. Business people must operate from this perspective to ensure that their actions are not only profitable but also ethical and responsible. By doing so, they can contribute to a more sustainable and equitable world.
A person who believes in a broad range of things or states that are intrinsically good is known as a ______.
(41) Answered by Examlex AI CopilotA person who believes in a broad range of things or states that are intrinsically good is known as a pluralist. In the context of moral philosophy, a moral pluralist is someone who believes that there are many different values or goods that are inherently valuable, and these values may sometimes be in conflict with each other. Pluralism stands in contrast to moral monism, which holds that there is only one highest good or one ultimate moral principle.
Describe Kant's principle of universalizability.
(28) Answered by Examlex AI CopilotKant's principle of universalizability, also known as the categorical imperative, states that an action is morally permissible if and only if its maxim (or principle) can be consistently and coherently willed as a universal law. In other words, if everyone were to act according to the same maxim in similar circumstances, the action would still be morally acceptable. This principle emphasizes the importance of consistency and impartiality in moral decision-making, and it serves as a foundation for Kant's deontological ethics. Kant believed that by applying the principle of universalizability, individuals could determine the moral permissibility of their actions and avoid contradictions or inconsistencies in their moral reasoning.
Name the three approaches to the study of morality and ethical theory.
(43) Each of the theories in this chapter includes certain common features that may be characterized as the correct attitude to take in ethics. This attitude is rational, ______, and impartial.
(39) Disagreements between two parties regarding ethical issues is often attributable to different judgments rather than different underlying moral principles.
(35) Explain the critiques of rights theories, virtue theories, and common morality theories to examine how one might refute the principles of each ethical theory.
(34) Writers in business ethics concern themselves not just with the justness of results but also with the procedures toward that result.
(33) Which of the following methods can resolve moral disagreements
(27) According to the section "Morality and Law", A company's behavior in another country, while deemed illegal, may not necessarily be considered unethical.
(34) Evaluate Rajiv's employer in the case "The Training Program" from both a utilitarian and Kantian ethics perspective. How do both moral theories see the company's actions thus far and what response from Rajiv would each theory expect
(31) Which ethical theory has at its core the idea of respect for persons
(28) A person who uses confidential information obtained at work to enhance his or her own self-interest is acting primarily according to which ethical theory
(40) Virtue ethics is fundamentally incompatible with Kantian ethics.
(35) Virtue ethics emphasizes character over other ethical considerations such as duty or consequences.
(35) A pluralistic utilitarian believes that any act that maximizes pleasure is right.
(37) Moral philosophy, although a very young tradition of roughly 200 years, has been an integral part of business curriculum for as many years.
(38) Differentiate between positive and negative obligations as defined by Rights theories.
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