Chap 8 International Ethics

Chap 8 - © 2007 Robert Sweo International Business Ethics © 2007 Robert Sweo What is Ethics Moral standards that regulate right and wrong conduct

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Unformatted text preview: © 2007 Robert Sweo International Business Ethics © 2007 Robert Sweo What is Ethics Moral standards that regulate right and wrong conduct Most standards vary greatly between populations © 2007 Robert Sweo Ethical Theories Virtue Theories – Develop good habits of Character Duty Theories – Meet obligations Consequential Theories – Seek favourable outcomes Social Contract Theory – Minimum social standards must be adhered to © 2007 Robert Sweo Virtue Theories Develop good habits of Character Very common in Western cultures Plato's Virtues - wisdom, courage, temperance and justice. Other important virtues are fortitude, generosity, self-respect, good temper, and sincerity Vices - cowardice, insensitivity, injustice, and vanity © 2007 Robert Sweo Duty Theories One must meet obligations Rights theories – Strong must protect the weak- we should not harm anyone's life, health, liberty or possessions Obligations of the universe- Fidelity: the duty to keep promises...
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This note was uploaded on 10/28/2009 for the course ACG 3141 taught by Professor Graybeal during the Spring '08 term at University of Central Florida.

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Chap 8 - © 2007 Robert Sweo International Business Ethics © 2007 Robert Sweo What is Ethics Moral standards that regulate right and wrong conduct

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