Donating to charity, for example, is morally correct since this acknowledges the inherent value of the recipient. If a person says something is good or bad they are telling us about the positive or negative feelings that they have about that something.
Consider the following example.
Every action in business, like in physics, solicits a reaction. Their interests should, therefore, come first. What distinguishes non-ethical and ethical normative statements then, is that in ethical normative statements the value judgments concern moral behavior. On the other hand, a business can act in accordance with the expected consequences.
Other normative theories focus on a set of foundational principles, or a set of good character traits.
The Golden Rule is a classic example of a normative principle: Prenatal issues arise about the morality of surrogate mothering, genetic manipulation of fetuses, the status of unused frozen embryos, and abortion.
We should do to others what we would want others to do to us. Three strategies will be noted here: But, like all normative theories, the above three theories are rivals of each other.
In either case, though, they exist in a spirit-like realm. For this and other reasons, many thinkers have advocated a second type of moral theory, deontological ethics.
There are many other stakeholders who can lay claim to the loyalty of the business leader: It will soon collapse for lack of profitability. This is the principle of utilitarianism, and it dictates that businesses should only take actions that, in the long run, bring about the greatest amount of net happiness to the vast number of people.
It teaches that the only source of moral rules is God. For example, many people would argue that sexual promiscuity is immoral, but may not feel that there should be social policies regulating sexual conduct, or laws punishing us for promiscuity.The Four Ethical Lenses issue claims that different ethical theories and the means in which we tend to approach the situations which form part of our ethical traditions.
• A normative ethical theory seeks to demonstrate how moral judgments can be defended or justified. • Moral reasons and considerations. • Ethics is about weighing different reasons and considerations against each other (for and against).
Ethical, Social, and Legal Issues OBJECTIVES Apply theories and principles of ethics to ethical dilemmas. 2. Describe how the steps of the nursing process can be applied to ethical decision making.
3. Ethical reasoning is the analysis of what is morally right and reasonable. Bioethics is the application of. Ethical (Moral) Theories We use ethical/moral theories to help us understand ethical cases and ethical Ethical Theories • Virtue Ethics • Duty Ethics • Right Ethics • Utilitarianism Cost-Benefit Analysis () • Is really an application of utilitarianism.
Five Ethical Theories: Bare Bones for Business Educators. 28 Pages. Five Ethical Theories: Bare Bones for Business Educators.
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Download with Google Download with Facebook or download with email. Five Ethical Theories: Bare Bones for Business Educators big picture” issues, e.g. the origin of ethics EB EP. Dec 15, · If ethical theories are to be useful in practice, they need to affect the way human beings behave.
Some philosophers think that ethics does do this. They argue that if a person realises that it would be morally good to do something then it would be irrational for that person not to do it.Download