Ethical Dilemmas
What is the 1st category of Ethical Dilemmas in Business?
Taking Things That Don't Belong to You
The difference between right and wrong
The Who
What are 3 character traits of an ethical person?
Honesty, Integrity, Respect
It is impossible for an organization to act
ethically without
Ethical Leadership
Using “fine print” in contracts, is an example of which category?
Taking Unfair Advantage
What is Moral Philsophy?
The branch of philosophy that contemplates what is right and what is wrong
Believed people are self-interested, but self-interest does not result in the selfish chaos feared by ___ and ____
Adam Smith, Rand, Hobbes
Resolution of dilemmas based on religious beliefs
Divine Command Theory
What was the name of the video that we watched and discussed as a class?
The Trolley Problem
Failure to report an ethical breach, is an example of which category of ethical dilemmas?
Condoning Unethical Behavior
Defines right or acceptable behavior as that which provides the greatest good to the greatest number of people
Utilitarian Theory
Defines right or acceptable behavior in terms of
its consequences for the individual
Ethical Egoism Theory
Individuals should evaluate their actions in light of the consequences that would follow if everyone in society acted the same way
The Categorical Imperative
Can you name 3 of the 6 steps for analyzing ethical dilemmas?
...
Situations where there is no clear “right” or “wrong” answer
Balancing Ethical Dilemmas
Who said "There will be chaos if we do not have laws in place to control the drive of self-interest"?
Thomas Hobbes
"The world would be a better place if we did not feel
guilty about the choices we make and simply
acknowledge that we all act in our own best interest"
Ayn Rand
look to themselves and to those around them, and look at the particular circumstances to determine what is right or wrong, acceptable or unacceptable, ethical or unethical
Relativist
Why are ethics important in business?
Business ethics play a vital role in a company's long-term success. Good ethics can earn a company a positive reputation and encourage brand loyalty.
List 6 of the 12 Categories of Ethical Dilemmas...
Taking things that don't belong to you, saying things that are not true, giving or allowing false impressions, buying influence, etc...
What are the 6 steps for Analyzing Ethical Dilemmas?
Make sure you have a grasp of all of the FACTS available, List ANY OTHER INFORMATION, IDENTIFY EACH PERSON AND/OR GROUP INVOLVED, Develop a LIST OF POSSIbLE RESOLUTIONS for the problem(s), EVALUATE EACH POSSIBLE RESOLUTION, Make a RECOMMENDATION.
Time-and-place ethics
Moral Relativist
Moral Philosophies may be...
Based on consequences, Based on rights, duties, and principles, or Based on integrity and character
"how can human beings live together in peace and avoid the danger and fear of civil conflict?"
Thomas Hobbes