Chapter 4 Ethics Definitions

Chapter 4 Ethics Definitions - Ethics Ethical decision...

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Chapter 4 – Ethics Definitions Ethics Moral principles or beliefs about what is right and what is wrong Ethical decision A decision that reasonable or typical stakeholder would find acceptable because it aids stakeholders, the organization, or society. Unethical decision A decision that a manager would prefer to disguise or hide from other people because it enables company or a particular individual to gain at the expense of society or other stakeholders. Utilitarian model An ethical decision making model that produces greatest good for greatest number of people. Modal rights model An ethical decision is a decision that best maintains and protects the fundamental rights and privileges of the people affected by it. For example unethical decisions protect people’s right to freedom, life and safety, privacy, free speech and freedom of conscience. Justice model An ethical decision making model that distributes the benefits and harms among stakeholders in a fair, equitable, or impartial way. Codes of ethics
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This note was uploaded on 01/07/2010 for the course TELFER ADM1300 taught by Professor Peterkoppel during the Fall '09 term at University of Ottawa.

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Chapter 4 Ethics Definitions - Ethics Ethical decision...

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