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Unformatted text preview: ining factors 2. Utilitarian Compares benefits and costs of a decision, policy or action
Costs and benefits can be economic, social or human 3. Rights Person or group is entitled to something or to be treated in a certain
Examples of basic human rights are right to life, safety, and due
process 4. Justice Means benefits and burdens are distributed equally, according to
some accepted rule
4-20 Figure 4.5 Four Methods of Ethical
Reasoning 4-21 Applying Ethical Reasoning
to Business Activities Can use the virtues, utility, rights, and justice framework
as a tool to analyze real business ethics dilemmas Once the ethical analysis is complete, the decision maker
should ask the question: Do all of the above ethics
approaches lead to the same decision? If all the answers are “Yes”, the proposed action is ethical
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This document was uploaded on 03/05/2014.
- Fall '14
- Business Ethics