“ You must be the change you wish to see in the world.”
Business Ethics
The application of general ethical concepts to the unique situations confronted in business. It asks what is right or wrong behavior in business and what principles or rules can be used as guidance in business situations.
1
What are the main factors encouraging business Ethics education and what are the main barriers to its further development and expansion ?
Favouring the cause
Diminishing corporate values
Increasing scandals
Prevention of wrong notions
a, Self interest
b, Profit motto alone
c, Needless moral responsibility
Barriers
Morality already fixed
Abstract, ambiguous, subjective, doctrinaire.
Preachy and philosophical
Ambiguity regarding approach
2
To what extend can business education cause or prevent ethical infractions in business? Give arguments for and against
In favour
Method of moral reasoning through complex issues
Defines appropriate behavior
Establishes organizational values
Nurtures individual responsibility
Develops accountability
Relates consequences
Against
Overriding personal values
Highly theoretical
Window dressing
Unconnected to mainstream
3
Give the importance of situational factors in shaping ethical decision making, what are the limitations caused by business ethics courses that focus on individual students? How would you design a course to focus primarily on situational issues?
Affected by situations
Find Justifications
a, Doctrine of relative filth
b, Self deception
c, End justifies means
d, Only alternative
limitations
Abstract
Ambiguous
Subjective
Doctrinaire
Preachy
Philosophical
Uncertain results
Design
Answer the following questions
Is something wrong ? Personally, interpersonally or socially?
Does the issue go beyond institutional concerns?
What are the relevant facts of the case?
Which option produces the most good and the least harm?
Will everyone’s rights and dignity still be respected
Which option is fair to all stake holders?
Would you want to become the sort of person who acts this way?
Which option is the best to have?
If you have to make your decision again would you do the same again?
If we want to produce people who share the values of a democratic culture, they must be taught those values and not be left to acquire them by chance. Cal Thomas, The Death of Ethics in America
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