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Business Ethics Notes. Week 4

by: Makala Schnablegger

Business Ethics Notes. Week 4 PHI 3360

Makala Schnablegger


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About this Document

These notes cover what we discussed during week 4 and cover a portion of what will be on the exam.
Business Ethics
Dr. Celeste Rossmiller
Class Notes
ethics, Vocabulary, Prominentpeople
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This 3 page Class Notes was uploaded by Makala Schnablegger on Tuesday September 20, 2016. The Class Notes belongs to PHI 3360 at Metropolitan State University of Denver taught by Dr. Celeste Rossmiller in Fall 2016. Since its upload, it has received 6 views. For similar materials see Business Ethics in Ethics at Metropolitan State University of Denver.


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Date Created: 09/20/16
Business Ethics September 14, 2016 Notes Exam due September 26 posted online Service Learning 10 hours Chapter 5:   Factors that influence ethical decisions? o Ethical Decisions are influences by many factors, such as personal morals, age,  education, gender, nationality, values, or otherwise, which may not mesh with a  company’s or another person’s.  Differences between external and internal locus of control? o Having an internal locus of control means that one believes that they have a lot of  control over their lives and the events in them. o Having an external locus of control means that one believes that their lives are  controlled by fate or luck, and is completely out of their hands. o I personally believe that I have a more internal locus of control, because I hardly  believe in fate, so anything that happens to me is something that could have been  avoided if I’d done something different.  Differences between a corporate culture and an ethical culture? o Corporate Culture is values, goals, beliefs shared by the employees in a business. o Ethical Culture reflects the integrity of decision making and is a function of many  factors.  Issues with opportunity in ethical choices? o The opportunity to act unethically and escape punishment  What are two main components of normative approach? o Institutions o Principles and core values  How should these components play into ethical decision making? o Institutions are used in establishing a foundation and principles and core values  for a normative approach  Political­social­economic features  o Social­ a community or society’s beliefs pressuring a business into making certain decisions that it may not believe in o Political­ laws against what a company needs to do forcing it to break the law o Economic­ A failing economy that forces a business into firing it’s employees to  keep itself afloat.  Business Ethics Notes 9­12­16 An Ethical Dilemma Connor 1) Connor is in a situation where the company is risking the well­being of the employees to  increase production, and threatening to fire those that don’t make their higher quota. 2) This could backfire in many ways, such as causing so many accidents that the employees  quit, approach a union, or die due to the “importance” of getting their work done. This could  lead to inspections and the essential shutdown of the company. It could also, while increasing production, lower the quality of what they are producing, which would hurt the company  even more because people would stop buying and investing in their products. 3) Connor should approach this situation very seriously and confidently, not taking no for an  answer. If the higher up refuses to see the light, then he needs to go as high up as he can until they understand what they’re doing. They are risking the lives of their employees and they  either need to stop their ways, or get approached by inspectors and police, which is who he  should contact if his bosses keep ignoring him. This is a serious issue, and if they won’t be  serious about it, then he should.  Motive/ Act/ Consequences th th 300 BCE 1785 1830 Late 20  Century Late 20  Century Greece Prussia/Germany England America America Aristotle I Kant J Bentham J Rauls C Gilligan Virtue Ethics Duty Ethics/ (quantitative) Justice Ethics Care Ethics Deontological & (Must, Ought J S Mill Should) (qualitative) Consequentiality/ Utilitarian Ethics Being/Becoming Doing the right “Greatest good See Reading in Kohlberg’s Excellence thing­ following for the greatest Blackboard Theories of Moral Individual/ the universal number”  Development Society principles= are Pleasure (look up) (Individuals learn so already inside you Principle X they can’t make from the minute Cost/Benefit Responsibilities. society better, society you’re born= Analysis Particular Needs. provides the tools to always apply to Qualities of Care. make the individual everyone and better) everything Virtue= Education/Intellect Practice/Habit


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