Virtue Ethicss Finalll

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Virtue Ethicss Finalll

  1. 1. Business Ethics
  2. 2. Virtue Ethics Presented By: PG 06 42 Neel Pandya PG 06 20 Ketaki Kale PG 06 6 Lakshman Chettiar Roll No. Name
  3. 3. Introduction Ethics Virtue Virtue Ethics Case Study Conclusion Business Person “A” 21/01/2008 His company is not paying bonus to the workers in the last fiscal year? Business Person “B” 21/01/2008 His company declared 200% bonus to the workers in the last fiscal year ? <ul><li>A’s Company </li></ul><ul><li>A businessperson runs a profitable company. </li></ul><ul><li>Employees are satisfied. </li></ul><ul><li>He holds good relation with all the member of the company. </li></ul><ul><li>All stakeholders are given equal importance. </li></ul><ul><li>Follows all the law and order of the government. </li></ul><ul><li>B’s Company </li></ul><ul><li>Another businessperson runs a profitable company. </li></ul><ul><li>But, </li></ul><ul><li>Employees not satisfied. </li></ul><ul><li>There is envy among members of the company. </li></ul><ul><li>There is partiality among the stakeholders. </li></ul><ul><li>Intentionally breaks law and order. </li></ul>
  4. 4. Introduction Ethics Virtue Virtue Ethics Case Study Conclusion The Fundamental Question of Ethics is: &quot;What should I do?&quot; &quot;How should I act?&quot; Ethics is supposed to provide us with &quot;moral principles&quot; or universal rules that tell us what to do.
  5. 5. Introduction Ethics Virtue Virtue Ethics Case Study Conclusion <ul><li>It is derived from latin word “Virtus”. </li></ul><ul><li>Virtues are habits, i.e. once they are acquired, they become characteristics of a person. </li></ul><ul><li>A virtue is not just a feeling. </li></ul><ul><li>A virtue is not just doing a given action on a given occasion. </li></ul>Chastity (purity) Lust (excessive sexual appetites) Temperance (self-restraint) Gluttony (over-indulgence) Charity (giving) Greed (avarice) Diligence (zeal/integrity/Labor) Sloth (laziness/idleness) Forgiveness (composure) Wrath (anger) Kindness (admiration) Envy (jealousy) Humality (Modesty) Pride (Vanity) Virtue Sin
  6. 6. Introduction Ethics Virtue Virtue Ethics Case Study Conclusion <ul><li>“ Good Actions Comes From </li></ul><ul><li>Good Person” </li></ul><ul><li>Virtue Ethics studies what makes the character </li></ul><ul><li>traits of people (e.g., bravery, greediness) </li></ul><ul><li>virtuous or vicious. </li></ul><ul><li>Sometimes, however, it is described as an </li></ul><ul><li>alternative approach to ethics altogether. </li></ul><ul><li>Virtue ethicists don’t ignore actions, but regard </li></ul><ul><li>them as outgrowths of a person’s character. The </li></ul><ul><li>notion of character is the morally more important </li></ul><ul><li>concept. </li></ul><ul><li>Focus is on what sort of people we should strive </li></ul><ul><li>to be, not what things should we do on individual </li></ul><ul><li>occasion. </li></ul>
  7. 7. Introduction Ethics Virtue Virtue Ethics Case Study Conclusion Virtue Ethics Theory <ul><li>Acc. To Aristole Theory </li></ul><ul><li>Virtues are acquired habits. </li></ul><ul><li>Wisdom or Good Judgments are the most important virtues. </li></ul><ul><li>Moral Virtues </li></ul><ul><li>Each virtue governs a particular aspect of our life. </li></ul><ul><li>Acc. To Mac Intyre Theory </li></ul><ul><li>Virtue ethics are concerned with the professionalism of the individual. </li></ul><ul><li>Professional Responsibility: </li></ul><ul><li>Self Direction Virtues. </li></ul><ul><li>Public Spirited Virtues </li></ul><ul><li>Team Work Virtues. </li></ul><ul><li>Proficiency Virtues. </li></ul>
  8. 8. Introduction Ethics Virtue Virtue Ethics Case Study Conclusion How to develop Virtue Ethics <ul><li>Learning. </li></ul><ul><li>Practice. </li></ul><ul><li>Not developed in isolation. </li></ul><ul><li>Family, church, school, and other private and public associations. </li></ul><ul><li>Virtues are habits. </li></ul><ul><li>Becomes Characteristics. </li></ul>
  9. 9. Introduction Ethics Virtue Virtue Ethics Case Study Conclusion Importance of the Virtues? <ul><li>Virtuous person will fare better in life. </li></ul><ul><li>Virtues are needed to live well. </li></ul><ul><li>We need virtues to live in community with others. </li></ul><ul><li>Necessary to pursue our own ends and cope with life’s challenges. </li></ul>
  10. 10. Introduction Ethics Virtue Virtue Ethics Case Study Conclusion Advantage of Virtue Ethics <ul><li>Moral Motivation – certain situations are handled by an appeal to virtue rather than right action or duty. </li></ul><ul><ul><li>Example: Visiting a friend in the hospital </li></ul></ul><ul><ul><li>Virtue: Friendship, Love, Loyalty </li></ul></ul><ul><li>Doubts about the ideal of impartiality – relationships with family and friends are difficult to account for in other moral approaches. </li></ul>
  11. 11. Introduction Ethics Virtue Virtue Ethics Case Study Conclusion Criticism of Virtue Ethics <ul><li>Makes the morality of individuals depend on luck ? </li></ul><ul><li>Modern psychology tells us that character traits depend largely on genetics and early environment. </li></ul><ul><li>But doesn’t being moral just depend on being the person you can be in the situations you are in. </li></ul><ul><li>It Fails to give the guidance on how we are act? ( When a women is trying to decide whether to have an abortion, she may ask a friend “What should I Do? </li></ul>
  12. 12. Introduction Ethics Virtue Virtue Ethics Case Study Conclusion VIRTUE ETHICS AND LEADERSHIP story begins………
  13. 13. Introduction Ethics Virtue Virtue Ethics Case Study Conclusion <ul><li>To begin, A PLATOON is on a rescue mission. Two members of the platoon are trapped on a hill and under fire. </li></ul><ul><li>Both soldiers are seriously wounded; within a few hours, they will be dead. </li></ul><ul><li>Between the platoon and the two soldiers is a minefield, which the platoon must breach or go around if they are to get to the trapped soldiers in time. </li></ul><ul><li>As the platoon leader ponders his options, he notices a civilian picking his way through the minefield. Obviously, he knows where the mines are. </li></ul>
  14. 14. Introduction Ethics Virtue Virtue Ethics Case Study Conclusion <ul><li>The lieutenant detains the civilian, but the man refuses to lead the platoon through the minefield. </li></ul><ul><li>The lieutenant offers several enticements to get the man to cooperate, but the man continues to refuse. </li></ul><ul><li>There is no way he is going back through that minefield. The lieutenant must make a decision that he had hoped to avoid. </li></ul><ul><li>There are rules for situations like this, but if he follows them, good men will die. </li></ul>
  15. 15. Introduction Ethics Virtue Virtue Ethics Case Study Conclusion Case Analysis <ul><li>Utilitarianism Ethical Theory. </li></ul><ul><li>Rule Based System Ethical Theory. </li></ul><ul><li>Virtue Ethical Theory. </li></ul>
  16. 16. Introduction Ethics Virtue Virtue Ethics Case Study Conclusion <ul><li>Virtues are those strengths of character that enable us to flourish </li></ul><ul><li>The virtuous person has practical wisdom, the ability to know when and how best to apply these various moral perspectives. </li></ul>
  17. 17. Introduction Ethics Virtue Virtue Ethics Case Study Conclusion <ul><li>Are the virtues same for everyone? </li></ul><ul><li>Yes </li></ul><ul><ul><li>All people need virtue just to different degrees. </li></ul></ul><ul><ul><li>Certain virtues will be </li></ul></ul><ul><ul><li>necessary for some </li></ul></ul><ul><ul><li>cultures. </li></ul></ul><ul><ul><li>Radical Virtues Ethics: get rid of the notion of morally right and morally wrong. </li></ul></ul>
  18. 18. Thank You!!

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