StudyGuide 2 - Study Guide Block 3 and Block 4 Ethical...

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Study Guide Block 3 and Block 4 Ethical Theories: For each of the ethical approaches studied: Approaches/Theories Utilitarianism- Create the greatest total utility. It disregards the means by which the greatest good is achieved. Utilitarianism is an approach to moral judgment that focuses on the consequences rather than the means used to reach those consequences. \ Objectivism- An ethical theory that maintains that the pursuit of one’s own happiness and potential. Rational, think hard, reasoning or enlighten self interest. Be all you can be build yourself to be the best you can. Pro-reinforces personal responsibility. Not moochers, take responsibility. Con-Individualistic (Self center) and judgmental (Ex:If your not pulling your own weight don’t want to be your friend) . Try to achieve your maximum potential as a human being, and pursue whatever you rationally decide is in your best interests. Categorical Imperative- Kant’s Categorical Imperative- For Emmaunel Kant , discussed in the reading, the absence of fraud and force is necessary to the ethical decision- making process, but not sufficient. There is also a positive duty to act as those the governing principle of your decision is a universal rule. Theory of Justice- Rawls’ Theory of Justice - that the decision maker acts ethically if he or she discharges their duty – regardless of the consequences – to advance the interests of the least advantaged. Theory of Rights- Nozick’s Theory of Rights -gives the ethical decision-maker in business maximum freedom to act as long as he or she does without using fraud or force to gain an advantage or secure a commitment. Ethic of Care-Relationship you care for employees. Focus on relationship and responsibilities. Ethical thing is to care for people. Relationship orientated business person. It tends to neglect justice. It is a model often used by the so-calle “feminine firm”; It is a type of moral reasoning found almost equally in both men and women. Pro-Benefits weak and dependent. Focus on human being. Con-Not tough enough in work place. Neglects justice; encouraging bad behavior. EX: Nozicks rights (every right has a responsibility. Virtue Ethics- conformity of ones life to moral and ethical principles. Focus on whether the decision maker is ethical or not through the quality of characterist he or she uses to make the decision. Integrative Social Contracts Theory-Decisions rule-support by attitude and behavior.
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StudyGuide 2 - Study Guide Block 3 and Block 4 Ethical...

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