Summary: Ethics And The Future Of Business
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1 Week 1
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What is an ethical theory?
Principles and rules that determine right and wrong -
What is normative ethics?
The study of how we ought to behave. -
What are the five reasons why business ethics is challenging?
- Comprehensive
- Cross-disciplinary
- Abstract nature
- Critical thinking
- Experience
- Comprehensive
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What are the three differences between ethics and the law?
- The law does not cover all ethical issues
- Not all legal issues are ethical
- Law and ethics can involve contradictions
- The law does not cover all ethical issues
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Which three dimensions of the moral machine experience more agreement?
- Humans over pets
- More over fewer
- Young over elderly
- Humans over pets
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Which cultural differences come through in the moral machine when comparing western, eastern and southern cultures?
- Westerns have an overal preference on all demensions
- Eastern focus on lawful, humans, inaction and pedestrians
- southerners have no preference for humans, or inaction
- Westerns have an overal preference on all demensions
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What are the core ideas of ethical egoism?
- Not considered as an ethical theory
- An action is right if it
aims to pursue either their (short-term ) desires or their (long-term ) interests - Contradictory with our moral principles
- Enlightened egoism
- Conflicting interests
- Complemented
- Not considered as an ethical theory
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What are the core ideas of utilitarianism?
- Greatest amount of good to the greatest amount of people
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What are the core ideas of ethics of duties?
Duty, consistency, dignity, and universality -
What are the core normative theories in Modernist Western thinking?
- Ethical egoism
- Utilitarianism
- Ethics of duties
- Rights and justice perspectives
- Ethical egoism
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