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LWC
Chapter 6
| Term | Definition |
|---|---|
| moral philosophy | refers in particular to the specific principles or rules that people use to decide what is right or wrong. |
| monists | believe that only one thing is intrinsically good, and the pluralists believe that two or more things are intrinsically good |
| hedonism | that one's pleasure is the ultimate intrinsic good or that the moral end, or goodness, is the greatest balance of pleasure over pain. |
| quantitative hedonists | those who believe that more pleasure is better |
| qualitative hedonists | those who believe that it is possible to get too much of a good thing (such as pleasure) |
| goodness theories | typically focus on the end result of actions and the goodness or happiness created by them |
| obligation theories | emphasize the means and motives by which actions are justified |
| egoism | defines right or acceptable behavior in terms of its consequences for the individual |
| enlightened egoism | abide by professional codes of ethics, control pollution, avoid cheating on taxes, help create jobs, and support community projects |
| utilitarianism | the utilitarian seeks the greatest good for the greatest number of people. |
| rule utilitarians | determine behavior on the basis of principles, or rules, designed to promote the greatest utility rather than on an examination of each particular situation. |
| act utilitarians | specific action itself, rather than the general rules governing it, to assess whether it will result in the greatest utility |
| nonconsequentialist | ethics based on respect for persons. |
| rule deontologists | believe that conformity to general moral principles determines ethicalness. |
| act deontologists | requires that a person use equity, fairness, and impartiality when making and enforcing decisions. |
| relativist perspective | use themselves or the people around them as their basis for defining ethical standards, and the various forms of relativism include descriptive, metaethical, or normative |
| metaethical relativists | understand that people naturally see situations from their own perspectives and argue that, as a result, there is no objective way of resolving ethical disputes between value systems and individuals |
| normative relativism | assume that one person's opinion is as good as another's.1 |
| virtue ethics | that what is moral in a given situation is not only what conventional morality or moral rules (current societal definitions) require but also what the mature person with a “good” moral character would deem appropriate. |
| justice | business ethics involves evaluations of fairness or the disposition to deal with perceived injustices of others |
| distributive justice | based on the evaluation of the outcomes or results of the business relationship |
| procedural justice | based on the processes and activities that produce the outcome or results |
| interactional justice | based on evaluating the communication processes used in the business relationship |
Created by:
jgalindo
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