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Business Ethics

Chapter 6

QuestionAnswer
Teleology Acts are morally right or acceptable if they produce some desired result, such as realization of self-interest or utility
Egoism Defines right or acceptable actions as those that maximize a particular person's self-interest as defined by the individual.
Utilitarianism Defines right or acceptable actions as those that maximize total utility, or the greatest good for the greatest number of people
Deontology Focuses on the preservation of individual rights and on the intentions associated with a particular behavior rather than on its consequences.
Relativist Evaluates ethicalness subjectively on the basis of individual and group experiences.
Virtue Ethics Assumes that what is moral in a given situation is not only what conventionalmorality requires but also what the mature person with a "good" moral character would deem appropriate.
Justice Evaluates ethicalness on the basis of fairness: distributive, procedural, and interactional.
Created by: yfalcon
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