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Chapter 6

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Term
Definition
moral philosophy   refers in particular to the specific principles or rules that people use to decide what is right or wrong.  
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monists   believe that only one thing is intrinsically good, and the pluralists believe that two or more things are intrinsically good  
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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.  
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quantitative hedonists   those who believe that more pleasure is better  
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qualitative hedonists   those who believe that it is possible to get too much of a good thing (such as pleasure)  
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goodness theories   typically focus on the end result of actions and the goodness or happiness created by them  
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obligation theories   emphasize the means and motives by which actions are justified  
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egoism   defines right or acceptable behavior in terms of its consequences for the individual  
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enlightened egoism   abide by professional codes of ethics, control pollution, avoid cheating on taxes, help create jobs, and support community projects  
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utilitarianism   the utilitarian seeks the greatest good for the greatest number of people.  
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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.  
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act utilitarians   specific action itself, rather than the general rules governing it, to assess whether it will result in the greatest utility  
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nonconsequentialist   ethics based on respect for persons.  
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rule deontologists   believe that conformity to general moral principles determines ethicalness.  
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act deontologists   requires that a person use equity, fairness, and impartiality when making and enforcing decisions.  
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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  
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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  
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normative relativism   assume that one person's opinion is as good as another's.1  
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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.  
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justice   business ethics involves evaluations of fairness or the disposition to deal with perceived injustices of others  
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distributive justice   based on the evaluation of the outcomes or results of the business relationship  
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procedural justice   based on the processes and activities that produce the outcome or results  
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interactional justice   based on evaluating the communication processes used in the business relationship  
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Created by: jgalindo
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