Bus Apps - Review Test 1

Bus Apps - Review Test 1 - Reading #1 Delaney & Sockell...

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Unformatted text preview: Reading #1 Delaney & Sockell Main Point : Many ethical dilemmas in the workplace, students should prepare Reading # 2 Samuelson Main Points: corporations need to encompass social, environmental, and financial value (multiple perspective of running a company vs. a single objective) Leaders need to make choices based on the perspectives they bring and values they apply to each decision by looking out for all sectors, important risks and opportunities will emerge we believe business has the potential and the responsibility, even self interest, to unlock solutions to our most complex problems focus on economic bottom line and creation of a social good Responsibility to the shareholders Reading #3 Trevino & Nelson Prescriptive & Descriptive approaches o prescriptive decision making tools that determine what decision you should make as a conscientious moral agent ask: How should people act? o Descriptive: ask: What do people think is right? conscientious moral agent Clear cut ethics pit write vs. wrong (2 right values are truth and loyalty) Consequentialist- focus attention on the results or consequences of the decision or action. Negative rights: obliges others to refrain from interfering with someone's attempt to do something. Utilitarianism is the best known consequentialist theory. ( maximize benefits to society and minimize harms. ( net balance of good consequences over bad) Utilitarian would approach an ethical dilemma by identifying the alternative actions and their consequences ( harms/or benefits) for all stake holders (maximize social welfare) business managers generally rely on a utilitarian approach Deontologists base decisions on whats right on broad abstract universal ethical principles or values such as honesty, promise keeping, fairness, loyaltyetc certain moral principles are binding. Deontologists focus on rights rather than duties or principles. Golden Rule- only works if highly ethical Emmanuel Kants categorical imperative: for it to be ethical it must be able to be willed an universal law Kant also says one could violate a rule or principle for a good reason, only if you would be willing to accept that reason for anyone in the same position John Rawls proposed a clever method for determining a decision making system is truly fair or just: all of the peoples affected by the situation are free and equal partners must agree on the principles to be used. John Rawls: veil of ignorance when making a decision you know nothing about yourself or status and make a decision based on what you would think is fair. It does not unfairly disadvantage any particular group....
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This note was uploaded on 07/09/2008 for the course BCOR 3010 taught by Professor None during the Fall '07 term at Colorado.

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Bus Apps - Review Test 1 - Reading #1 Delaney & Sockell...

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